Renegade Gold Channels 16.2 g/t Au over 5.0 m, Including 56.1 g/t Au over 1.4 m at BobJo, Confederation Belt, Red Lake, Canada
Surface results extend mineralization more than 100 metres north, while Renegade plans to advance targets toward drill-readiness.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Renegade Gold (RENGF) reported new surface channel sampling results from its BobJo project, including gold mineralization near the historic mine shaft. The samples returned 16.2 grams of gold per tonne over 5.0 metres, including 56.1 grams per tonne over 1.4 metres. Other channels returned 4.0 grams per tonne over 12.1 metres, 11.2 over 1.7 metres, 4.3 over 4.7 metres and 1.2 over 19.5 metres.
Mineralization extends more than 100 metres north along previously stripped outcrop. Grab samples returned up to 65.3 grams per tonne, but are selective and not necessarily representative. The Confederation Belt field program is complete; LP-Uchi corridor results will be reported separately. Renegade plans to integrate field results with historical and drone magnetic data to advance priority targets toward drill-readiness for its planned 2027 exploration program.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointBobJo channel sampling returned 16.2 g/t gold over 5.0 m, including 56.1 g/t over 1.4 m.
- Minor pointChannel 26BJ-C1 returned 4.0 g/t gold over 12.1 m, including 9.5 g/t over 2.4 m.
- Minor pointChannel 26BJ-C3 returned 11.2 g/t gold over 1.7 m, including 12.6 g/t over 1.5 m.
- Minor pointChannel 26BJ-C12 returned 4.3 g/t gold over 4.7 m, including 13.1 g/t over 1.1 m.
- Minor pointChannel 26BJ-C13 returned 1.2 g/t gold over 19.5 m, including 4.4 g/t over 2.3 m.
5 minor points
- Minor pointChannel 26BJ-C2B returned 3.4 g/t gold over 1.3 m, including 6.5 g/t over 0.5 m.
- Minor pointMineralization extends over 100 m north along previously stripped outcrop.
- Minor pointGrab samples returned 65.3, 63.0, 48.6, 14.6 and 4.9 g/t gold.
- Minor pointThe massive sulphide horizon returned up to 6.1 g/t gold.
- Minor point. Forward-looking: it has not happened yet and may not happen.Renegade plans to advance priority targets toward drill-readiness for its planned 2027 exploration program.
Negative
- Minor pointGrab samples are selective and are not necessarily representative of mineralization on the property.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: RENGF) (FSE: 0700) ("Renegade" or the "Company") is pleased to report new surface sampling from its BobJo project, located approximately 85 km east of Red Lake, Ontario.
These new results build upon the 2026 Confederation Belt field program (see News Release dated June 16, 2026). The greenfields program is now complete across the Confederation Belt and included mapping and prospecting at Belanger (see News Release dated October 5, 2026), mapping and prospecting at BobJo, and a preliminary soil grid and till sampling program across the LP-Uchi corridor (Figure 1). Results from the LP-Uchi corridor will be reported separately.
Highlights
- New High-Grade Channel Sample Results: Multiple new high-grade channel sample results include:
1) 16.2 g/t Au over 5.0 m, including 56.1 g/t Au over 1.4 m;
2) 4.0 g/t Au over 12.1 m, including 9.5 g/t Au over 2.4 m;
3) 11.2 g/t Au over 1.7 m, including 12.6 g/t Au over 1.5 m;
4) 4.3 g/t Au over 4.7 m, including 13.1 g/t Au over 1.1 m; and
5) 1.2 g/t Au over 19.5 m, including 7.5 g/t Au over 0.2 m and 4.4 g/t Au over 2.3 m.
Select results are presented in Table 1 and confirm the presence of high-grade gold mineralization near the historic BobJo1 mine shaft (Figure 2). The system extends for over 100 m to the north and is interpreted to continue under overburden along strike.
- New Grab Sample Results: Grab samples returned values of 65.3, 63.0, 48.6, and 14.6 g/t Au confirm mineralization is hosted in an NNW quartz vein system as well as quartz-carbonate shear veins along an NNE-trending massive sulphide layer.
Devin Pickell, President and CEO, commented: "Renegade's maiden exploration program at BobJo has demonstrated the high-grade nature of the mineralization, with multiple grab assays in excess of 60 g/t Au and a channel sample returning 16.2 g/t Au over 5.0 m. The program has refined our understanding of the project and added important data as we build out our greenfield target pipeline across the Confederation Belt."
Figure 1. Project location map for the BobJo, LP-Uchi, and Belanger project areas.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9850/319473_6a293df3e4ab2a4f_001full.jpg
BobJo
At BobJo, two two-person crews implemented a detailed mapping and channelling program from late July into August across the previously stripped region adjacent to the historic BobJo mine shaft. In addition, grassroots prospecting and mapping occurred south of the main showing along the projected contact between tholeiitic and calc-alkaline basalts that host the gold-bearing veins.
Results of the BobJo program confirm the high-grade nature of the mineralized zones and extend results over 100 m to the north along previously stripped outcrop. Two vein orientations are present, with NNW quartz veins and NNE quartz-carbonate shear veins in the hanging wall of an NNE-trending massive sulphide layer. Thin centimetre- to decimetre-scale ladder veins associated with the shear vein trend westerly. Quartz and quartz-carbonate vein and stringer grab samples at BobJo returned values of 65.3, 63.0, 48.6, 14.6, and 4.9 g/t Au with disseminated pyrite, pyrrhotite, and local arsenopyrite present. The massive sulphide horizon is exposed in both trenches and returned up to 6.1 g/t Au. The projected intersection of the NNW and NNE vein trends is interpreted to lie east of the BobJo mine shaft, under overburden near the historic trenches. Initial interpretations suggest mining occurred on lower-grade lenses, with the deepest development encountering the down-dip projection prior to ceasing activities.
Table 1. Select channel sample results for the BobJo program.
| Channel ID | Channel Length (m) | Azimuth (°) | From (m) | To (m) | Length (m) | Au (g/t) |
| 26BJ-C1 | 12.1 | 205 | 0.0 | 12.1 | 12.1 | 4.0 |
| incl. | 3.4 | 5.8 | 2.4 | 9.5 | ||
| 26BJ-C2B | 1.3 | 280 | 0.0 | 1.3 | 1.3 | 3.4 |
| incl. | 0.5 | 1.0 | 0.5 | 6.5 | ||
| 26BJ-C3 | 1.7 | 305 | 0.0 | 1.7 | 1.7 | 11.2 |
| incl. | 0.3 | 1.7 | 1.5 | 12.6 | ||
| 26BJ-C7 | 5.0 | 24 | 0.0 | 5.0 | 5.0 | 16.2 |
| incl. | 3.7 | 5.0 | 1.4 | 56.1 | ||
| 26BJ-C12 | 4.7 | 108 | 0.0 | 4.7 | 4.7 | 4.3 |
| incl. | 3.7 | 4.7 | 1.1 | 13.1 | ||
| 26BJ-C13 | 19.5 | 190 | 0.0 | 19.5 | 19.5 | 1.2 |
| incl. | 0.7 | 0.9 | 0.2 | 7.5 | ||
| incl. | 5.1 | 7.8 | 2.7 | 1.4 | ||
| incl. | 10.0 | 12.3 | 2.3 | 4.4 | ||
| Note: Channel lengths are apparent widths; true widths are not known at this time. | ||||||
Figure 2. High-grade channel and grab assay results at BobJo. Historical results shown on the figure (labelled "Hist.") have not been verified by the Company and should not be relied upon; see Cautionary Note Regarding Historical Exploration Results.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9850/319473_6a293df3e4ab2a4f_002full.jpg
Next Steps
Results from the greenfields exploration programs at Belanger, BobJo, and the LP-Uchi corridor will be integrated with the historical dataset and interpreted through the fall. The Company intends to use these results, together with the winter 2025/2026 drone magnetic data, to advance priority targets toward drill-readiness as part of its planned 2027 exploration program across the Confederation Belt.
Sample Methodology and QA/QC
Rock samples were collected from outcrop by trained personnel using hand tools that include hammers, chisels, and a channel saw. Samples weighing 1 to 3 kg were placed in clear poly bags labelled with the sample ID, with the sample tag inserted and clearly visible. Photos were taken at each location, and coordinates were recorded by handheld GPS with ±3 m accuracy. Sample bags were twisted shut, sealed with a zip tie, and placed within a rice bag up to a reasonable weight, at which point the rice bag was twisted shut and sealed with a zip tie to ensure sample integrity was maintained during shipping to the lab.
Rock were shipped to AGAT Laboratories in Thunder Bay, an ISO/IEC 17025 accredited laboratory. AGAT is independent of the Company. Samples were then dried, crushed to
Qualified Person
The technical content of this news release has been reviewed and approved by Dale Ginn, P.Geo., the Executive Chair and a director of the Company and a Qualified Person pursuant to National Instrument 43-101.
Cautionary Note Regarding Historical Exploration Results
The historical exploration results referenced in this news release are derived from an open file report by Parker and Atkinson (1992) and an assessment report by Archibald (2007) filed with the Ontario Geological Survey. These results are considered relevant to guide current exploration programs but have not been independently verified by the Company. A qualified person has not done sufficient work to classify these historical results as current mineral resources or mineral reserves, and the Company is not treating them as such.
About Renegade Gold Inc.
Renegade Gold Inc. is a gold exploration company with 1,542 km² of mineral claims in the Red Lake Mining District of northwestern Ontario. The Company is advancing its flagship Rebel Gold Deposit while building a greenfield discovery pipeline across the Confederation Belt, Gullrock, and Red Lake project areas. Renegade trades on the TSX Venture Exchange (RAGE), the OTCQB (RENGF), and the Frankfurt Stock Exchange (0700).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements relate to future events or future performance and reflect current expectations regarding future exploration activities, including the integration and interpretation of the 2026 greenfields results, the structural reinterpretation of surface mapping at BobJo, drill targeting and program planning, the advancement of priority targets toward drill-readiness, and the Company's planned 2027 exploration program across the Confederation Belt. These statements are based on information available at the time and management's good faith belief with respect to future events, and are subject to known or unknown risks, uncertainties, and other factors. Actual results may differ materially due to exploration risks, field conditions, permitting delays, availability of personnel and contractors, access to capital, and other factors described in the Company's public filings. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable law.
References
1 www.geologyontario.mines.gov.on.ca OFR5835
2 www.geologyontario.mines.gov.on.ca AR 20000003525
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319473
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were Renegade Gold's main BobJo channel sampling results?
BobJo channel sampling returned 16.2 g/t gold over 5.0 m, including 56.1 g/t over 1.4 m. Other reported intervals included 4.0 g/t over 12.1 m and 11.2 g/t over 1.7 m. These are surface channel samples, not drill results.
What does Renegade Gold plan next for BobJo and the Confederation Belt?
Renegade intends to advance priority targets toward drill-readiness for its planned 2027 exploration program. Results from Belanger, BobJo and the LP-Uchi corridor will be integrated with historical data and interpreted through the fall, alongside winter 2025/2026 drone magnetic data.
How were Renegade Gold's BobJo rock samples analyzed?
Independent AGAT Laboratories analyzed the rock samples using 50 g fire assays with an atomic absorption finish. Samples returning greater than 10.0 g/t gold underwent gravimetric analysis. AGAT's internal replicates and certified reference materials provided quality control for the channel and grab samples.