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Renegade Exploration bringing innovation to exploration at Yandal Greenstone Belt

Renegade Exploration Ltd (ASX:RNX) non-executive director Mark Wallace introduces the rebranded, repositioned gold exploration and development company to Proactive Investors.

The company is focused on the Yandal Greenstone Belt, where it is taking a camp style approach to around 70 kilometres of strike. A consultant geologist has assessed structural aspects of the local geology and identified 9 high profile targets along 33 kilometres of strike. A 25,000 meter drill program will commence in 4-6 weeks, with results expected to flow in late June or early July.

"In the year 2018 there's a good chance and opportunity to, I think, match technology and innovation with going through some of these old greenstone belts,” says Wallace. To the west of Renegade’s project, Northern Star Resources (ASX:NST) has experienced large-scale success using modern exploration methods to establish the Jundee Gold Mine.

Quick facts: Renegade Exploration Ltd

Price: 0.005 AUD

ASX:RNX
Market: ASX
Market Cap: $3.56 m
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Renegade Exploration has drilled only 5/9 high priority targets, already...

Mark Wallace, non-executive director of Renegade Exploration Ltd (ASX:RNX), stops by Proactive Investors to discuss the completion of a 285-hole, 23,789-metre first pass aircore drilling program at the camp scale Yandal East Gold Project in Western Australia. Follow up drilling is already...

on 18/9/18

2 min read