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Project: | Spruce East | |
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Deposit: | Spruce East | |
Location: | United States | |
Commodities: | Gold-Silver-Mercury-Arsenic-Antimony-Titanium | |
Date: | 10/17/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 17-10-2018: Renaissance Gold Inc. announces an Exploration/Drilling Update report for its Spruce East deposit at the Spruce East project. Drilling results incl. 10.7m @ 0.26g/t Au from 271.3m. Renaissance Gold Inc. (TSX.V:REN / OTCQB:RNSGF) (“RenGold” or | |
Resources: | x | |
CP/QP: | [Overall Report]: Daniel Pace (Internal) | |
ABSTRACT: | Renaissance Gold Inc. (TSX.V:REN / OTCQB:RNSGF) (“RenGold” or the “Company”) is pleased to report on the progress and status of its Nevada, USA projects and our anticipated drilling plans for the remainder of 2018. The location of RenGold’s properties is shown in Figure 1. Robert Felder, President and CEO states, “Our activity levels remain quite high and we’re pleased to be drilling this many partner funded projects, keeping us on the path to our next discovery. We very much look forward to the follow-up program at Silicon and this first drill program at Ecru. We have also been quite busy with generative exploration and continue to identify high quality targets, which we look forward to placing in new deals with strong partners.” The Company had a productive season of generative exploration, bringing two new high-quality projects into the portfolio, including the Mars Project (see NR dated April 24, 2018), and the recently acquired Ghost Ranch Project. Ghost Ranch, located in Elko County, Nevada was acquired through staking on open ground. The project is a shallow pediment target located SE of Newmont’s Long Canyon Mine and along a proposed northwest trend of gold occurrences. The target is indicated through gravity data, enzyme leach soil geochemistry and a pH survey. The Mars project lies within the Coeur Exploration Alliance area for 2018 (see NR dated May 23, 2017), and the Ghost Ranch Project lies within the Kinross ROFR area (see NR dated May 15, 2017). | |
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