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Renegade Exploration trades higher as activity heats up in the Yandal Greenstone Belt

The Yandal Greenstone Belt has produced over 15 million ounces of gold.
Renegade Exploration trades higher as activity heats up in the Yandal Greenstone Belt
Investors will await the first assays

Renegade Exploration Ltd (ASX:RNX) continues to attract investors as the company advances exploration in the world-class Yandal Greenstone Belt advance.

In early trade, Renegade shares have gained 7.1% to 1.5 cents, with close to seven million changing hands.

A month ago shares traded at 1 cent.

Renegade's aircore drilling program will cover up to 25,000 metres at its Yandal East project in the gold-rich Yandal Greenstone Belt of Western Australia.

WATCH: Renegade Exploration commencing maiden drill program at Yandal Greenstone Belt

Renegade's project is around 40 kilometres to the north of Northern Star Resources Ltd (ASX:NSR) 10 million gold ounce Jundee project.

Active area

As Renegade seeks another major gold project in this elephant country, it is also leveraged to the results of other explorers, including Alloy Resources (ASX:AYR) and Draig Resources Ltd (ASX:DRG).

Other gold projects in the region include Blackham Resources Ltd’s (ASX-BLK) Matilda-Wiluna, Echo Resources Limited’s (ASX:EAR) Bronzewing and Saracen Mineral Holdings Limited’s (ASX:SAR) Thunderbox.

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Renegade Exploration Ltd Timeline

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