Renegade Exploration Limited (AU:RNX) has released an update.
Renegade Exploration Limited has struck a significant Iron Oxide Copper Gold (IOCG) breccia system at its Mongoose Deeps prospect, which shows geological similarities to the esteemed Ernest Henry Mine. The discovery was made after the company’s first drill hole reached a depth of 1,612 meters, with the findings suggesting the potential for a large, continuous mineralized system. This promising development has led to plans for further assay testing and targeted drilling, underpinned by new magnetic surveys.
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