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Renegade Exploration has drilled only 5/9 high priority targets, already found 5-6 more

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 planned for next quarter. Wallace says, "The next program is far more concentrated, so it's evolving the process. It'll be targeting three of the five new targets. It will be roughly $250,000, and we've got about $1.5 million in the bank now, and we got a grant back as well... we're good to go."

Quick facts: Renegade Exploration Ltd

Price: 0.005 AUD

ASX:RNX
Market: ASX
Market Cap: $3.56 m
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Renegade Exploration nearing completion of current drilling program at...

Non-executive director of Renegade Exploration Ltd (ASX:RNX) Mark Wallace updates Proactive Investors on an ongoing drilling program in the Yandal East Greenstone Belt. The gold-focused company is taking a camp-style approach to exploring and developing its large-scale project area in the...

on 1/8/18

2 min read