Renegade Exploration (ASX:RNX) is following up previously reported high-grade gold-silver-antimony targets at the Myschka Project in Canada’s Yukon.
Chairman Robert Kirtlan says the current program will be the first work done at Myschka since 2002.
Rock chip sampling undertaking previously returned grades including 1.05 grams per tonne gold, 560g/t silver and over 1% antimony.
A gold-silver-antimony soil anomaly that extends for over 2km showed grades of 0.09% antimony, 0.26g/t gold and 65g/t silver.
Renegade is using the same team of geologists engaged by Snowline Gold (TSX-V:SGD), which also has projects in Yukon.
Kirtlan says they are highly experienced in Yukon mineralogy.
The project hosts intrusions that are the same age as the Snowline Gold’s nearby multi-million-ounce Valley discovery.
“The vendors of the Yukon Project are the founders of Snowline Gold who have been operating in the Yukon for over 30 years and retain a free carried interest in the project,” Kirtlan says.
“Myschka was unknown to the current management team until a review of the project data was undertaken in January and reported in February of this year.
“We will have a team of three on the ground to undertake mapping plus take more samples for assaying.”
Myschka is located just 10km north of the Andrew Deposit and has never been drilled.
Renegade Exploration is an Australia-based minerals exploration and development company with assets in Australia and North America.
Write to Angela East at Mining.com.au
Images: Renegade Exploration
