STOCK TITAN

RENEGADE GOLD INC - TGLDF STOCK NEWS

Welcome to our dedicated page for RENEGADE GOLD news (Ticker: TGLDF), a resource for investors and traders seeking the latest updates and insights on RENEGADE GOLD stock.

Renegade Gold Inc. (TGLDF) is a growth-focused company with a strategic focus on acquiring, exploring, and developing mineral properties in the Red Lake Mining District of Northern Ontario. The recent multi-drill exploration campaign at the Red Lake Gold Project highlights the Company's commitment to discovering high-grade mineralization and expanding its prospective land package. With a diverse exploration portfolio and a regional-scale consolidation strategy, Renegade Gold is well-positioned to capitalize on the significant potential for gold and critical minerals in the region.

Rhea-AI Summary

Trillium Gold Mines (OTCQX: TGLDF) announced the commencement of an 8,000-meter drilling program on its Gold Centre property, adjacent to Evolution Mining's Red Lake Operation. This program aims to explore both near-surface geophysical targets and deeper mineralization. The company aims to validate the continuity of productive gold structures from adjacent properties. Historical data has led to target definitions, with drilling expected to assess the mineral potential of the Balmer stratigraphy. The program is anticipated to provide essential data for ongoing exploration efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
Tags
none
-
Rhea-AI Summary

Trillium Gold Mines has reported promising results from six drill holes at the NT Zone of its Newman Todd Property in Red Lake, Ontario, highlighting significant gold intercepts such as 66.40 g/t Au over 1.0 metre. The drilling confirms a structural corridor extending 150 metres southwest, unlocking high-grade gold potential. A total of 10,505 metres have been drilled in the 2020 and 2021 programs. The company emphasizes its strategy to explore further and optimize its mineralization model, indicating potential for future discoveries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.43%
Tags
none
-
News
Rhea-AI Summary

Trillium Gold Mines Inc. (TSXV: TGM) (OTCQB: TGLDF) has appointed Ian M. MacNeily CPA, CA as Financial Advisor, effective immediately. With over 20 years in executive financial management within the mining sector, MacNeily's experience includes strategic planning, acquisitions, and financial controls. Previously, he played a key role in the $210 million acquisition by Barrick Gold Corporation. Additionally, the Board has approved the grant of 300,000 incentive stock options to officers and employees and accepted the cancellation of 50,000 options from former advisor Rohan Hazelton.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
management
Rhea-AI Summary

Trillium Gold Mines announced the final results from its 2020 drill program at the Newman Todd Property, totaling 6,081 meters in 16 holes. The latest data revealed significant high-grade gold results, including values up to 36.63 g/t Au over 1 meter. This drilling, the first since 2013, validated the company’s understanding of mineralization in the NT Zone, aiding in the development of a robust exploration model. Drilling continues in 2021 with two rigs on site, focusing on expanding mineralization and deepening understanding of the structural controls.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.72%
Tags
none
-
Rhea-AI Summary

Trillium Gold Mines Inc. (OTCQB: TGLDF) announced an update on its drilling program at the Rivard property, part of the Newman Todd project in Red Lake Gold Camp. Seven drill holes totaling 3,484 meters have been completed, aiming to explore the southwest extension of the Newman Todd Zone. Visual gold occurrences have been documented in quartz veins across multiple drilling sites, suggesting potential for additional high-grade mineralization. The company is eager to further assess the continuity of gold veins as it tests various drill orientations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
-
Rhea-AI Summary

Trillium Gold Mines Inc. (OTCQB: TGLDF) announces the completion of an exploration block model for its Newman Todd property, enhancing the understanding of high-grade mineralization potential. Recent drilling of 6,087 metres has contributed to a total of 51,046 metres across 136 drillholes, indicating a likelihood of significantly more ounces than previously estimated. The company emphasizes the need for further drilling to validate the mineral resource. CEO Russell Starr anticipates a more robust resource update in the future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.1%
Tags
none
Rhea-AI Summary

Trillium Gold Mines Inc. (TGLDF) has successfully closed a joint venture agreement with Rupert Resources, granting it an 80% interest in the Gold Centre Property adjacent to Evolution Mining's Campbell-Red Lake Mine. This follows the receipt of a drill permit for the property, with plans for drilling targeting both shallower sulphide-style and deeper high-grade mineralization. The company issued 500,000 common shares to Rupert on closing, subject to a four-month hold period.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
-
Rhea-AI Summary

Trillium Gold Mines Inc. (TGLDF) announced its updated modelling at the Newman Todd Project, focusing on high-grade gold targets. New detailed structural models indicate correlations with past successful drill results and high-grade quartz veining. Initial drilling will target these high-grade structures to define mineralization better. Historical drilling results displayed significant intervals, with some exceeding 20 g/t gold. The NT Zone, a prominent target in the Red Lake Gold Camp, is 2.2 km long and has potential for further high-grade discoveries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
none
-
Rhea-AI Summary

Trillium Gold Mines Inc. (TGLDF) has received a drill permit for its Gold Centre property, strategically located near Evolution Mining's Campbell-Red Lake Mine. This follows the acquisition of 80% interest in the property, which boasts a rich gold history with over 29.5 million ounces produced. The drill program aims to explore both shallow sulphide-style and deeper high-grade mineralization. CEO Russell Starr emphasized the property's potential, calling it a "once in a lifetime opportunity" for substantial shareholder value. The acquisition's closure is anticipated this month.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Trillium Gold Mines Inc. has appointed Rohan Hazelton as Senior Financial Advisor. With over 25 years of international finance experience, including significant roles at Wheaton River/Goldcorp, he brings expertise in operational and financial management. Hazelton has successfully handled more than $20 billion in M&A transactions. The company has granted him 50,000 incentive stock options. CEO Russell Starr expressed excitement over Hazelton's addition, emphasizing his value in strategizing Trillium's growth in the Red Lake District.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
Tags
management

FAQ

What is the current stock price of RENEGADE GOLD (TGLDF)?

The current stock price of RENEGADE GOLD (TGLDF) is $0.1004 as of December 23, 2024.

What is the market cap of RENEGADE GOLD (TGLDF)?

The market cap of RENEGADE GOLD (TGLDF) is approximately 5.2M.

What is Renegade Gold Inc. focused on?

Renegade Gold Inc. is focused on acquiring, exploring, and developing mineral properties in the Red Lake Mining District of Northern Ontario.

What recent exploration campaign has Renegade Gold Inc. undertaken?

Renegade Gold Inc. has commenced a multi-drill exploration campaign at its Red Lake Gold Project, totaling 10,000 meters.

What sets Renegade Gold Inc. apart from other companies?

Renegade Gold Inc. stands out due to its strategic focus on growth, diverse exploration portfolio, and regional-scale consolidation strategy.

What is the significance of the recent acquisition of Pacton Gold Inc. by Renegade Gold Inc.?

The acquisition extends Renegade Gold Inc.'s ownership in Red Lake to over 89,600 hectares of prospective and diversified exploration properties.

What are the key highlights of the Newman Todd Deposit?

The Newman Todd Deposit is a high-grade gold project located in Ontario's Red Lake gold rush, with robust mineralization over a 2.2 km strike length.

What recent drilling results have been reported by Renegade Gold Inc.?

Recent drilling at the advanced Newman Todd Deposit has successfully extended high-grade gold mineralization to a depth of more than 750 meters.

What expansion plans does Renegade Gold Inc. have for its drill program?

Renegade Gold Inc. plans to expand its current drill program from 10,000 meters to 25,000 meters at the Newman Todd gold deposit in Red Lake, Ontario.

Who can be contacted for further information about Renegade Gold Inc.?

For further information, please contact Nav Dhaliwal, President, CEO, and Director of Renegade Gold Inc. at info@renegadegold.com or Tel: 604-678-5308.

RENEGADE GOLD INC

OTC:TGLDF

TGLDF Rankings

TGLDF Stock Data

5.16M
4.05M
20.73%
1.01%
Gold
Basic Materials
Link
United States of America
Vancouver