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.