Renegade Unveils Promising Copper-Gold Prospects

Renegade Exploration Limited (AU:RNX) has released an update.

Renegade Exploration Limited has discovered an Ernest Henry style IOCG breccia zone at their Mongoose Deeps prospect in Queensland, showing promising geological similarities and better-than-expected magnetic results, which could enhance future exploration. Additionally, the company’s Cloncurry Project, in which they hold a significant interest, has extended the known mineralization of the Mongoose Prospect by 500 meters to the west, with high copper-gold values at ‘Mongoose West.’ Renegade has also become the sole operator of the Cloncurry Project, with drilling programs indicating potential for near-term mining of surface copper oxides.

For further insights into AU:RNX stock, check out TipRanks’ Stock Analysis page.