Renegade Exploration (ASX:RNX) is poised to benefit from the Canadian Government’s multi-billion-dollar push to bolster its critical minerals sector, says Chairman Robert Kirtlan.
The Government of Canada is creating a C$2 billion ($2.19 billion) Critical Minerals Sovereign Fund and proposes expanding the Critical Mineral Exploration Tax Credit (CMETC) to cover 12 additional minerals including germanium.
Kirtlan says these new policies will support ASX developers such as Renegade with Canadian or US assets, which have exposure to critical minerals.
“The Government of Canada is open for business, the business of mining,” the Chairman says.
“The potential for more capital connections, faster approvals, and offtake pathways is looking stronger.
“The Government of Canada is open for business, the business of mining”
“The Yukon remains a highly prospective region, and the critical metal targets we have previously identified position Renegade to potentially benefit from this policy focus over the long term.”
Australia and Canada earlier in November 2025 signed a Joint Declaration of Intent on Critical Minerals Collaboration, deepening their bilateral partnership on critical minerals.
Minister for Resources Madeleine King and Canadian Minister for Resources and Energy Tim Hodgson signed the joint declaration on the sidelines of the G7 Energy and Environment Ministers’ Meeting in Toronto.
The agreement – between the Department of Industry, Science and Resources and Department of Natural Resources of Canada – seeks to promote and strengthen cooperation and trade in critical minerals value chains.
Other objectives include advancing projects of mutual interest, encouraging commercial partnerships and research collaborations and addressing policy challenges faced by producer nations.
Both countries are working to ensure that emerging standards-based markets capture the challenges that producers of high standards critical minerals like Australia and Canada face.
Critical list
King says Canada, like Australia, holds some of the world’s most significant critical minerals and rare earths reserves. Canada has a list of 34 critical minerals that are crucial for various industries including antimony, bismuth, gallium, germanium, palladium, and titanium.
Germanium, for example, is used in fibre optics, infrared optics, solar cells, and semiconductor technologies, and is recognised as strategic by multiple governments.
Kirtlan says Canada the explicit inclusion of germanium in Canada’s proposed CMETC expansion underscores its importance to advanced technologies and supply-chain resilience.
“Renegade awaits results from its first program at the Myschka Prospect which is prospective for gold-silver and antimony,” Kirtlan adds.
“Renegade is reviewing the alignment of its 2026 Yukon work programs with relevant Canadian initiatives including federal programs and the Yukon Mineral Exploration Program.”
Renegade in February 2025 reported geranium up to 43.5 grams per tonne and gallium up to 28.6g/t at its Yukon Andrew Zinc Deposit.
The company acquired a 90% interest in the Yukon Base Metals Project in 2007. The original project comprised 493 mineral claims covering 95km2 over and around the Andrew zinc deposit.
Renegade has since expanded its land position with the project now comprising more than 1,550 mineral claims covering some 305km2. The mineral claims are in good standing and extend to around 2030.
Since 2007 the company has completed 350 diamond drillholes at the Yukon Base Metal Project for over 40,000m; discovered three separate zinc deposits; and defined a 2012 JORC Code compliant measured, indicated, and inferred mineral resource.
Write to Adam Orlando at Mining.com.au
Images: Renegade
