Renegade Gold Expands Exploration Activity at Red Lake, Ontario; Mobilizes Crews to Regional Targets
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Renegade Gold Expands Exploration Activity at Red Lake, Ontario;
Mobilizes Crews to Regional Targets
VANCOUVER, BC, August 14, 2024 – Renegade Gold Inc. (TSXV: RAGE, OTCQX: TGLDF,
FSE: 070) (“ Renegade” or the “ Company”) is pleased to announce the expansion of the surface
exploration campaign at its Red Lake gold projects in northwest Ontario. Field crews have been deployed
to key regional targets to conduct comprehensiv e prospecting, mapping and sampling activities. Of
particular importance, a 20-day campaign will focu s on the Willis property, adjacent to Renegade’s
Newman Todd project, investigating potential extensions of mineralization in the Newman Todd structure.
Additionally, a 30-day exploration campaign will target the gold bearing structures of the Birch Uchi region
present on the Swain and Satterly projects.
New Lidar Survey Complete – Results Pending. Renegade has completed a fixed-wing Lidar survey over
select Red Lake properties. This airborne survey technique utilizes laser pulses to provide precise ground
elevation data. Previous Lidar surveys have enable d the Company to identify key structural corridors
associated with regional gold mineralization and have accelerated the mapping process by improving
outcrop detection. Results are pending and will be integrated with existing Lidar data, geophysics and other
field data to enhance exploration at regional targets.
Drilling Campaign Update. Final results from the 25,000 m drill campaign at Newman Todd are pending
and will be announced when available.
Nav Dhaliwal, President and CE O for Renegade, commented, “ As we await the final assays from our
incredibly successful drill program at Newman Todd, we are commencing field work at our highest priority
targets on three other projects in Re d Lake. We are particularly excited at the possibilities for our Willis
project, which lies immediately adjacent southwest to Newman Todd. We believe Willis has the potential to
host significant extensions of the mineralized system present on Newman Todd, and we look forward to
sharing results when received.”
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Figure 1. Renegade Gold projects in Red Lake, Ontario.
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
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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.