Renegade Exploration Limited (ASX: RNX) is making progress in its exploration efforts at the Mt Glorious prospect, located near the Cloncurry Project in Australia. Rock chip sampling in the pit and surrounding areas has yielded significant results, including samples with high copper and gold content. Notable findings include samples with copper grades of 17.8%, 2.96%, 4.33%, 2.89%, and 5.93%. A comprehensive soil sampling program is currently underway, and field mapping has revealed a strike length of over 300 meters at Mt Glorious. Renegade has scheduled drilling for August to further explore the potential of the copper-gold-bearing zones.
After focusing on the nearby Mongoose Prospect with recent drilling programs, Renegade selected Mt Glorious as the next advanced prospect to explore concurrently with the Mongoose development. The company aims to ensure a continuous flow of opportunities. Future plans involve structural interpretation, drone-based magnetic surveys, and electromagnetic surveys. Renegade's objective is to drill beneath and along the existing Mt Glorious pits to assess possible extensions of the mineralized zones.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
