Renegade Exploration Limited (AU:RNX) has released an update.
Renegade Exploration Limited is nearing the primary target zones in its drilling operation at the Mongoose Deeps anomaly within the Cloncurry Project, having drilled to approximately 950 meters of the planned 1,600-meter depth. The project, supported by a $300,000 state government grant, shows promise with its location beneath historic copper-gold mines and is expected to complete within the next few weeks. Recent drilling results have revealed significant copper-gold mineralization, enhancing the project’s prospectivity.
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