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