Renegade Gold Commences Multi-Drill Program in Red Lake, Ontario
Renegade Gold Commences Multi-Drill Program in Red Lake, Ontario
VANCOUVER, BC, January 23, 2024 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDF,
FSE: 0702) (“ Renegade” or the “ Company”) is pleased to announce that a multi-drill exploration
campaign has commenced at its Red Lake Gold Proj ect. The program will total 10,000 meters, utilizing
two drills to test extensional targets at the advan ced Newman Todd Deposit and high-priority regional
targets at the Confederation property.
Program Highlights
High-grade Extensional Targets at Newman Todd Deposit. Previous programs have focused on
widespread, near surface mineralization. Recent modelling suggests multiple high-grade zones with
expansion potential along strike and at depth. Drilling for the current program will target high-
grade zones.
High-Priority Regional Targets at Confederation Property. Multiple new targets to be tested at
the Confederation Project including Fly Moth, Panama and Fredart prospect areas.
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 greenstone belts. The recent completion of the acquisition of
Pacton Gold Inc. extends the Company’s ownership in Red Lake to over 89,600 hectares of prospective
and diversified exploration properties with significant potential for gold and critical minerals on trend with
the major structures hosting known gold occurrences in the Red Lake mining district today. The Company
also holds a portfolio of prospective projects in Western Australia.
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 S ervices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility 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, “For ward-Looking Information”) 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
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to be among the statements that identify Forward-L ooking 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-looki ng information. In preparing the Forward-Looking
Information in this press release, the Company has applied several material assumptions, including, but not
limited to, assumptions that general business and ec onomic 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 fluctua tions, unanticipated operational or
technical difficulties, risks related to unforeseen de lays; general economic, 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 Forward-Looking
Information. The Company does not assume the oblig ation to revise or update this Forward-Looking
Information after the date of this release or to revi se such information to reflect the occurrence of future
unanticipated events, except as may be required under applicable securities laws.