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Renegade Exploration Limited ( (AU:RNX) ) has shared an announcement.
Renegade Exploration has confirmed that its Junction prospect, part of its Yukon Project in Canada, hosts geochemical signatures consistent with major Reduced Intrusion-Related Gold System deposits in the Tintina Gold Province, based on a review of historical soil sampling and geology. The historical work at Junction shows extensive gold-bismuth-tungsten and silver-zinc-antimony anomalies over multi-kilometre strike lengths, and the company is now planning further field work, including infill soil sampling, sub-crop sampling and geophysics, to advance Junction as a potential RIRGS target alongside its nearby, drill-ready Myschka prospect, underscoring Renegade’s push to establish a significant position in the Yukon gold belt.
The most recent analyst rating on (AU:RNX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Renegade Exploration Limited stock, see the AU:RNX Stock Forecast page.
More about Renegade Exploration Limited
Renegade Exploration Limited is an Australian-listed mineral exploration company (ASX: RNX) focused on gold, silver and associated metals, with a particular emphasis on Reduced Intrusion-Related Gold System (RIRGS) style deposits in Canada’s prolific Yukon gold belt. The company is building a portfolio of exploration projects in the Tintina Gold Province, targeting large-scale, high-grade precious and base metal systems near established multi-million-ounce gold deposits.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.28M
Learn more about RNX stock on TipRanks’ Stock Analysis page.