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Renegade Gold ( (TSE:RAGE) ) has provided an update.
Renegade Gold Inc. has expanded its land holdings in the Red Lake Mining District to 94,000 hectares through the acquisition of the BobJo and Keystone properties. This strategic expansion strengthens Renegade’s position across the Red Lake and Confederation greenstone belts, enhancing its exploration potential. The BobJo Property, part of the Confederation Project, shows historical high-grade gold mineralization, while the Keystone Property offers prospective ground for volcanogenic massive sulfide and orogenic gold deposits. These acquisitions are expected to bolster Renegade’s exploration pipeline and improve claim management in the region.
More about Renegade Gold
Renegade Gold Inc. operates in the mining industry, focusing on the exploration and development of gold and base metal properties. The company has a significant presence in the Red Lake Mining District, Ontario, with a large exploration portfolio in the region.
Average Trading Volume: 120,099
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$6.31M
Learn more about RAGE stock on TipRanks’ Stock Analysis page.