logo-loader
viewRenegade Exploration Ltd

Renegade Exploration drill results reveals high-grade thick gold intersections

The company is well-funded to continue exploration in 2019 with $1.25 million.

aircore drill rig on site at Yandal Project
Results are from the November program, which followed up the inaugural drill program

Renegade Exploration Ltd (ASX:RNX) has received all of the results for its aircore drilling program completed at its Yandal East Gold Project in Western Australia.

The 62-hole, 7,189-metre drilling program identified both high-grade and thick mineralisation at multiple targets across the project.

Highlights include 23 metres at 1.38 g/t gold from 84 metres and 20 metres at 1.02 g/t gold from 88 metres.

The prospects that were tested include Ward, Mizina South, Millrose Extension, and Strip Well.

READ: Renegade Exploration begins follow-up drilling at three high-priority gold targets

This drilling was following up the August 2018 inaugural aircore program at Yandal East for 23,789 metres, testing five of its original nine high priority targets.

These latest results show high-grade mineralisation at Mizina South with grades of up to 5.74 g/t gold and thick mineralisation at Ward including 23 and 20 metre intervals.

Ward and Mizina South produce best results

19 holes were drilled at the Ward Prospect and 15 holes at the Mizina South Prospect, following up the inaugural drilling.

Highlights from Ward included  23 metres at 1.38 g/t gold from 84 metres and 20 metres at 1.02 g/t gold from 88 metres.

These results confirm the prospectively of the previously undrilled section of the corridor.

The highlight from Mizina South was the gold grades encountered.

The November program delineated high-grade gold mineralisation over 400 metres with values of 5.74 g/t and 4.11 g/t gold.

Renegade noted that it was excited about the developing potential of the Mizina South and the greater Mizina area and looks forward to completing further work in 2019.

Quick facts: Renegade Exploration Ltd

Price: 0.004 AUD

ASX:RNX
Market: ASX
Market Cap: $2.85 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

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...

In exchange for publishing services rendered by the Company on behalf of Renegade Exploration Ltd named herein, including the promotion by the Company of Renegade Exploration Ltd in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read