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Renegade Exploration Ltd.
Summary
| Project: | Yandal East | |
|---|---|---|
| Deposit: | Coralie Jean | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-7-2018: Renegade Exploration Ltd. announces an Exploration/Drilling Update report for its Coralie Jean deposit at the Yandal East project. Drilling results incl. 4m @ 4.47g/t Au from 12m. Renegade Exploration Limited (ASX:RNX) (the Company or Renegade) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ben Vallerine (Independent) | |
| ABSTRACT: | Renegade Exploration Limited (ASX:RNX) (the Company or Renegade) is pleased to advise that it has received encouraging initial results from first pass aircore drilling at the Coralie Jean Prospect within its Yandal East Gold Project (Yandal East, Figure 1). The program at Coralie Jean consisted of 121 holes for 8,001m with mineralisation outlining a previously unidentified gold system present over a strike length in excess of 2.5km. High grade mineralisation up to 10.55 g/t Au was intersected around the main Coralie Jean Prospect. This area had previously returned numerous high-grade rock chip samples but had never been drilled. The southernmost line returned an assay of 5.19 g/t Au in a previously untested area. The new mineralisation is open in both directions with the nearest drill line 600m north of this result. The Company is currently reviewing and interpreting all the results received to date to guide future work programs at Yandal East. Yandal East is located 70km northeast of Wiluna and 25km east of Northern Star’s Jundee operation and also shares its southern border with Echo Resources’ Yandal project. Yandal East comprises over 300km2 of tenure, covering 70 strike kilometres of under-explored, prospective greenstone within the world class Yandal Greenstone Belt, the belt has historic production and current resources exceeding 15Moz. | |
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