Renegade Exploration Ltd (ASX:RNX) has delivered a strong early signal of scale and grade from its Broken Hills Project in Nevada, returning rock chip results of up to 1,013g/t silver alongside elevated gold, as surface work continues to unlock a large epithermal system within the Walker Lane Trend.
The latest results confirm and extend previously reported high-grade silver-gold mineralisation and support Renegade’s interpretation of a continuous Ag-Au-As-Mo zone now stretching more than 2 kilometres in strike length.
Recent rock chip sampling has returned standout assays including 1,013g/t silver with 8.6g/t gold, 273g/t silver with 0.96g/t gold, and 6.66g/t gold with 4.7g/t silver from separate prospects across the Broken Hills tenure.
Broken Hills Project with all 2021 and 2025 rock chip locations. Samples referenced in this text are annotated with gold and silver values.
These results build on exceptional historical rock chip assays reported by the company in July 2025, which included multiple samples grading above 1,000g/t silver, with peak values of up to 2,469g/t silver and more than 5g/t gold.
The new results not only confirm the high-grade tenor of mineralisation identified previously but also materially extend the southern mineralised zone northwards by more than 50%, raising the possibility that the southern and northern zones are part of a single, large mineralised system.
Broken Hills Project with all 2021 and 2025 rock chip locations coloured by arsenic values to demonstrate the interpreted length of the zone of interest.
Large epithermal system emerging
Broken Hills is interpreted to host low-sulphidation epithermal gold-silver mineralisation, with mineralisation occurring in quartz-chalcedony veins, breccias, silicified structures and dense veinlet networks.
The project area is underlain by tertiary-age non-welded rhyolite and includes a strongly clay-altered corridor measuring approximately 3 kilometres by 1 kilometres, within which veining and mineralisation are well developed. Numerous historic shafts and shallow pits are scattered across the project, providing further evidence of mineralising fluids and historic prospecting activity.
Geochemical signatures from the rock chip sampling highlight strong associations between silver, gold, arsenic and anomalous molybdenum, consistent with epithermal vein systems. Epithermal textures observed in outcrop further support the company’s geological interpretation.
Strategic position in Walker Lane Trend
Broken Hills is located within the highly prospective Walker Lane Trend in Nevada, a prolific mining belt that hosts numerous gold, silver and copper deposits, including the Rawhide epithermal silver-gold mine, which has produced nearly 2Moz of gold-equivalent metal since 1990.
Renegade controls a portfolio of three gold-silver projects in the Walker Lane Trend — Broken Hills, Caisson and the recently acquired Fireball Ridge — giving the company significant exposure to one of North America’s most attractive exploration jurisdictions.
Location of Renegade Projects in Walker Lane Trend.
Chairman Robert Kirtlan said the results were particularly encouraging given the strong precious metals price environment and renewed exploration interest across the Walker Lane.
“These preliminary fieldwork results at Broken Hills are exciting and have increased the potential of an epithermal-style gold and silver zone over 2 kilometres,” Kirtlan said.
“Encouraging results at Broken Hills and Caisson are rewarding the company’s vision and increasing the opportunity for success given their proximity to recent and historical gold-silver and copper discoveries.”
Clear path to drill targeting
Renegade collected 20 rock chip samples across the Broken Hills Project during late 2025, with results now providing a stronger geological framework for defining priority drill targets.
Further work will focus on mapping, surface sampling and geophysical surveys to better understand the continuity and geometry of the mineralised zones ahead of drill planning.
While Broken Hills remains at an early exploration stage, the combination of bonanza-grade silver values, a growing strike footprint and location within a world-class mining belt positions the project as a compelling target as Renegade advances toward drilling.
With multiple Nevada assets delivering encouraging surface results, Renegade is building momentum as it works to convert Walker Lane prospectivity into drill-ready opportunities.