Renegade Exploration (ASX:RNX) is continuing to assess a range of funding arrangements for the development across its existing deposits in Nevada, US, including joint ventures, offtakes, or sale.
Speaking to Mining.com.au, Executive Chairman Robert Kirtlan says the company is confident that in addition to these funding options, the pipeline ahead for next year will be full of opportunities for discovery.
Kirtlan notes that drilling Renegade’s newly created targets and seeking potential partnerships are the main catalysts for driving the company’s growth profile heading into 2026.
“We think this is the best way to continue to finance our exploration ambitions and also monetise existing deposits and projects,” the Executive Chairman tells this news service.
“We also remain positive on gold, silver, copper, zinc and critical minerals all of which Renegade has exposure to.”
This news comes amid Renegade planning to conduct drilling in the US spring season in 2026. The program is likely to comprise 2,000m of diamond drilling at the Myschka prospect in Canada.
“Timing is driven by the winter season to a certain extent and could be as early as April 2025,” Kirtlan says.
“We are always looking for the next ‘big’ one like all of our colleagues in the industry and have what looks like a couple of potential company-makers in the profile.”
Quality over quantity
Last month, Renegade conducted rock chip sampling, mapping, and a heli-magnetic survey which confirmed Myschka shares the same geochemical signatures as other reduced intrusion-related gold system deposits.
Some of the results include 1,525 grams per tonne silver, 0.826g/t gold, 0.22% antimony; and 1,975g/t silver, 0.063g/t gold, and 0.18% antimony.
Kirtlan notes other large developed and undeveloped deposits within the Tintina fault zone have the same or very similar characteristics to what is seen at Myschka.
“The geological mapping at Myschka identified sheeted vein systems which are very characteristic of these Tintina gold systems,” he explains to this news service
“The mapping at Myschka is supported by the analysis of the surface rock chips and soil samples of the intrusion and its surrounding hornfels zone (sedimentary) which all contain gold, silver, antimony, bismuth, and arsenic and are all hallmarks of a potentially large mineralised system which is further endorsed by the magnetics we flew.”
Kirtlan notes some intersections in the Yukon Reduced Intrusive-Related Gold System (RIRGS) can run for hundreds of metres as evidenced by the company’s neighbour at Snowline Gold (TSX-V:SGD) and the other deposits to the north of Myschka.
As reported by Mining.com.au on 26 November, Renegade is building momentum across two continents. From its copper‐gold landholding in Queensland to a growing US footprint, the junior explorer is piecing together a diversified portfolio that balances near-term discovery potential with strategic optionality.
Putting together the strategy, Renegade stands for three interlocking pillars. Firstly, quality over quantity. This means focusing on fewer, higher‐potential targets rather than spreading thin over many low‐probability ones.
The company finds itself at a crossroads. From its origins in North West Queensland – underpinned by copper, gold, and critical minerals prospects – to its emerging US presence, the ASX-listed junior is laying tracks for what could be its most transformational phase yet, as reported.
Through various deals, including acquisitions, farm-in agreements, and joint ventures, Renegade is building momentum and is piecing together a diversified portfolio that balances near-term discovery potential with strategic optionality.
Write to Aaliyah Rogan at Mining.com.au
Images: Renegade Exploration
