Announcement Date: 2022-08-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Renegade Exploration Ltd.
Project name: North Isa
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 44m @ 0.54% Cu, 0.12g/t Au from 164m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Renegade Exploration Limited, (ASX:RNX), is pleased to advise all assays from the recent drilling campaign at the Lady Agnes Prospect have been returned, with best resultsTo gain further insights, particularly in light of interpretations garnered from LARC22 – 003, Renegade has sent back the key 44m section from LARC22 – 0003, to the laboratory for further analysis on a 1m basis, as the initial work was done on 4m composite samples. The RC campaign was designed to test the extent of the near surface copper oxide mineralisation and a historical induced polarisation (IP) anomaly which included drilling the untested upper limits of the IP signature for sulphide mineralisation. From the assays received it is evident there is significant sulphide mineralisation in the system within at least two broad good grade envelopes which include higher grade zones. Renegade is excited by the results received and interpret the zones of mineralisation as being open to the south along the Eastern Creek Volcanic contact, at depth and to the East of the contact zone as highlighted in the LARC22 -03 result.
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