Renegade Gold Announces Expanded Drill Program; Provides Corporate Update
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Renegade Gold Announces Expanded Drill Program; Provides
Corporate Update
VANCOUVER, BC, April 16, 2024 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDF, FSE: 070)
(“Renegade” or the “Company”) is pleased to announce that planning is underway to expand the current
drill program at its Newman Todd high-grade gol d project in Ontario’s Red Lake gold rush ( Figure 1).
Drill targeting work is underway for the additional holes and further de tails will be announced within the
coming weeks. Additionally, Renegade is pleased to confirm that all post Trillium/Pacton transaction work
is complete with all debt cleared and funding in place as the Company pursues its high growth exploration
and development strategy.
Nav Dhaliwal, President and CEO for Renegade Gold, commented, “ We have the ideal timing and drill
targets for this expanded drill progr am. Renegade’s Newman Todd gold project in Red Lake has robust
mineralization over a 2.2 km strike length but has seen almost no drilling below 300 m. The few deeper
holes that were drilled in 2022 hit grades such as 40.56 g/t over 4.18 m, which gives us a clear area of
focus for growing this remarkable project.”
Figure 1. Renegade Gold Red Lake Gold Project area.
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The technical content of this news release has been reviewed and approved by Dale Ginn, P.Geo., the
Executive Chair and director of the Company and a Qualified Person pursuant to National Instrument 43-
101.
About Renegade Gold Inc.
Renegade Gold Inc. is a growth focused company e ngaged in the business of acquisition, exploration and
development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of
its regional-scale consolidation strategy, the Compan y has assembled one of the largest prospective land
packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as
along the Confederation Lake and Birch-Uchi greenst one belts. The 89,600 hectares prospective and
diversified exploration portfolio has significant poten tial for gold and critical minerals on trend with the
major structures hosting known gold occurrences in the Red Lake mining district today,
For further information, please contact:
Renegade Gold Inc.
Nav Dhaliwal
President, CEO and Director
Tel: 604-678-5308
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward-Looking Statements
Statements contained in this press release that are not historical facts are “forward-looking information” or “forward-
looking statements” (collectively, “Forward-Looking Info rmation”) within the meaning of applicable Canadian
securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words “anticipate,”
“significant,” “expect,” “may,” “will” and similar expressions are intended to be among the statements that identify
Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those implied by the forward-looking
information. In preparing the Forward-Looking Information in this news release, the Company has applied several
material assumptions, including, but not limited to, assump tions that general business and economic conditions will
not change in a materially adverse manner and all requisite information will be available in a timely manner. Factors
that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the
exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical
difficulties, risks related to unforeseen delays; general ec onomic, market or business conditions, regulatory changes;
timeliness of regulatory approvals, the risks of obtaining necessary licenses and permits, changes in general economic
conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned
not to place undue reliance on this Fo rward-Looking Information. The Company does not assume the obligation to
revise or update this Forward-Looking Information after the date of this release or to revise such information to reflect
the occurrence of future unanticipated events, except as may be required under applicable securities laws.