Home > News > Renegade Gold intersects...

Renegade Gold intersects 14.0 g/t Au over 7.3 m at Newman Todd in Red Lake

Sep 25, 2024


Renegade Gold Inc. is pleased to report further results from the second phase of drilling at its advanced Newman Todd Deposit, which continues to support the Company's new geological model and exploration strategy. Hole NT-24-019 intersected 14.0 g/t Au over 7.3 m including 28.3 g/t Au over 3.5 m at 200 m below surface. Drilling has successfully increased mineralization at depth by an additional 500 m, confirming the deposit extends down from surface to just over 800 m to date.

Highlights

  • High-Grade Gold Intersections at Key Location: Drilling has confirmed high-grade gold mineralization at the intersection of the Hinge Fault and the Newman Todd deposit. Hole NT-24-019 intersected 14.0 g/t Au over 7.3 m including 28.3 g/t Au over 3.5 m at 200 m below surface (Figures 1 and 2). Hinge is one of multiple faults that intersects the Newman Todd deposit and was the primary focus for phase two drilling.
  • Further Confirmation of the New High-Grade Geological Model: The strength of mineralization in hole NT-24-019, together with other recently announced high-grade holes (see Renegade news release dated September 12, 2024) provides strong confirmation of Renegade's updated geological model. The model indicates major potential for new, high-grade zones within the Newman Todd deposit, located where faults intersect the 2.2 km long Newman Todd strike.
  • Ongoing Drilling Strategy: Future drilling efforts will focus on areas down plunge from the intersection of the Hinge Fault and Newman Todd Zone. Targets will also include previously undrilled areas, as well as new zones of mineralization within the hanging wall and foot wall of the Newman Todd structure.

Nav Dhaliwal, President and CEO for Renegade, commented, "These new results are further confirmation that the mineralized system Newman Todd is far larger, and much higher grade, than was previously understood. The new model of mineralization developed by our team earlier this year has resulted in superb drill targeting - extending the deposit in width and depth, and now returning some of the strongest grades drilled on the property to date."



Tags: Northern Ontario / Exploration / Gold / All Articles