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Renegade Gold Inc. reports positive results from drilling at the Newman Todd Project in Red Lake, Ontario, extending high-grade mineralization and discovering a new zone. The drilling successfully extended high-grade gold mineralization in multiple holes to a depth of over 750 m. New Hanging Wall (HW) Zone of high-grade gold was identified. Drill results include intersections of 14.3 g/t Au over 2.8 m and 8.1 g/t Au over 4.7 m in hole NT-24-012, and 9.7 g/t Au over 1.5 m and 7.1 g/t Au over 1.5 m in hole NT-24-015. Multiple new HW structures with significant gold grades were encountered. The ongoing drilling demonstrates grade continuity and increased confidence in geological models. A total of 3,100,000 incentive stock options have been granted to Company personnel.
Renegade Gold Inc. announces the expansion of its drill program at the Newman Todd gold deposit in Red Lake, Ontario, from 10,000 m to 25,000 m to target new high-grade zones. The drilling will focus on high-grade extensions along the 2.2 km deposit strike, with potential for additional mineralization at depth. Step out drilling has already encountered high-grade results. The company will also ramp up exploration activities in the vicinity of West Red Lake Gold's Madsen Mine and other regional properties to identify new drilling opportunities.