Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Renaissance Gold unveils encouraging gold finds at Jupiter project in Nevada

Anomalous gold was found in four of the six holes that were sunk in the NE Pediment Gravity Target
The phase 1 drilling programme in Nevada was completed by partner Ramelius Resources Ltd

Prospect generator firm Renaissance Gold Inc (CVE:REN) has unveiled encouraging gold drill results from the Jupiter project in Nye county, Nevada.

The phase 1, seven-hole RC (reverse circulation), drilling program was completed by partner Ramelius Resources Ltd and tested two targets - the NE pediment gravity target and the Eagle target.

READ:Renaissance Gold nudges higher as it expects drill testing at six projects this year

Anomalous gold was found in four of the six holes that were sunk in the NE Pediment Gravity Target, with the best intercept of 9.14 meters (m) grading 1.10 g gold/ton in one hole.

Highlight intercepts included 1.52 m at 2 g/t gold and 9.14m at 1.10 g/t gold. Another hole showed 4.57m at 0.27 g/t gold.

"We are quite pleased to encounter meaningful gold intercepts in our first drill program at Jupiter, and very much look forward to further drilling to test these and other target areas," said Robert Felder, president and chief executive.

"Our 2017 drilling programmes on six, partner funded projects has been successful in identifying two Carlin-type systems under cover at Jupiter and Spruce East that have encountered significant anomalous to gram plus mineralisation warranting follow up."

Shares were unchanged at C$0.30.

View full REN profile View Profile

Renaissance Gold Timeline

Related Articles

Mt Marion lithium mine
August 23 2018
The company is in the process of demerging its titanium and vanadium assets.
Gold pour
March 15 2018
Total gold equivalent ounces (GEOs) produced clocked in at 189,456, up 17% on the 161,289 GEOs produced in 2016...
Picture of green hills in Serbia
July 20 2018
Taor held two exploration licences totalling around 100 sq km adjacent to the Suva Ruda licence

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use