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Renegade Exploration Limited ( (AU:RNX) ) has provided an update.
Renegade Exploration Limited has reported significant advancements in their Cloncurry Project for the quarter ending December 2024, highlighted by exceptional drilling results at the Greater Mongoose mineralised zone. The drilling program has returned the best copper intervals to date, strengthening the project’s potential for near-term mining activities. Additionally, the assays have indicated excellent gold mineralization, further solidifying the project’s value. This development is crucial for Renegade as it consolidates its operational control over key tenements and positions itself for future growth in the copper and gold mining sector.
More about Renegade Exploration Limited
Renegade Exploration Limited is a company focused on developing advanced copper and gold projects, notably in north-west Queensland. Their primary venture, the Cloncurry Project, encompasses exploration tenements and involves significant drilling activities to assess copper and gold mineralization. The company is strategically expanding its interests through partnerships, such as with Glencore plc, to enhance its market positioning in the mining industry.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.42M
Find detailed analytics on RNX stock on TipRanks’ Stock Analysis page.
