Renegade Gold Files NI 43-101 Technical Report for the Rebel Gold Deposit, Red Lake District, Ontario
Rhea-AI Summary
Renegade Gold (OTCQB: RENGF) filed a NI 43-101 Technical Report for the 100%‑owned Rebel Gold Deposit (effective Feb 5, 2026) in Red Lake, Ontario. The report supports a new Mineral Resource Estimate totaling 370,000 oz Indicated and 439,000 oz Inferred across open pit and underground domains.
Drilling confirms mineralization beyond 700 m depth, the system remains open along strike and at depth, and work continues to expand resources toward a one‑million ounce objective.
Positive
- Indicated resource of 370,000 ounces of gold
- Inferred resource of 439,000 ounces of gold
- Drilling confirms mineralization beyond 700 metres depth and remains open
Negative
- Total resource (809,000 oz) remains below the company’s one‑million‑ounce target
- Inferred ounces (439,000 oz) exceed Indicated ounces (370,000 oz), implying more definition needed
News Market Reaction – RENGF
In the Apr 1 session, RENGF gained 7.36%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Vancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: RENGF) (FSE: 0700) ("Renegade" or the "Company") is pleased to announce it has filed on SEDAR+ an independent report titled "Mineral Resource Estimate for the Rebel Gold Deposit, Red Lake, Ontario, Canada" with an effective date of February 5, 2026, prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's
The Technical Report supports the disclosure of the new Mineral Resource Estimate ("MRE") previously announced by the Company on February 18, 2026. There are no material differences in the Technical Report from the information previously disclosed.
The total MRE includes 370,000 ounces of Indicated gold and 439,000 ounces of Inferred gold from a combination of open pit and underground resources (see Table 1). The Rebel deposit represents a significant gold asset for Renegade within the Red Lake Mining District of Ontario.
Table 1. Rebel Mineral Resource Estimate
| Category | Open Pit | Underground | ||||
| Tonnes | Au g/t | Contained Au (oz) | Tonnes | Au g/t | Contained Au (oz) | |
| Indicated | 5,568,000 | 2.07 | 370,000 | |||
| Inferred | 2,495,000 | 2.42 | 194,000 | 1,553,000 | 4.91 | 245,000 |
Rebel is hosted within a broadly mineralized chemical sedimentary package known as the Newman Todd Structure ("NTS"), a 60 to 160 m wide corridor that extends over 2 km across the Property. Drilling to date has confirmed mineralization beyond 700 metres depth, and the system remains open along strike and at depth. Ongoing work is focused on expanding the current resource, with the longer-term objective of advancing the current resource toward the Company's one-million-ounce target.
Devin Pickell, President and CEO for Renegade, commented, "The filing of the Technical Report marks an important step following the recently announced mineral resource estimate for the Rebel deposit. The report provides the detailed technical support for the resource and will guide our ongoing exploration and expansion efforts at Rebel in the Red Lake District."
About Renegade Gold Inc.
Renegade Gold Inc. is a growth-oriented exploration company advancing a district-scale portfolio in the Red Lake region of Northern Ontario. The Company's strategy combines advancing defined gold resources and development-stage assets with systematic greenfields exploration across one of Canada's most prolific gold districts.
Renegade has assembled one of the largest and most prospective land packages in Red Lake, totaling approximately 1,380 km², strategically positioned near producing mines and advanced-stage deposits along the Confederation Lake and Birch-Uchi greenstone belts. The Company's diversified portfolio includes both advanced exploration assets with established Mineral Resources and earlier-stage targets along key structural corridors that host many of Red Lake's significant gold discoveries.
For further information, please contact:
Renegade Gold Inc.
Devin Pickell
President, CEO and Director
info@renegadegold.com
Tel: 604-678-5308
Neither 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 release.
Cautionary Note regarding Forward-Looking Statements
Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words "anticipate," "significant," "expect," "may," "will" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, assumptions that general business and economic conditions will not change in a materially adverse manner and all requisite information will be available in a timely manner. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, risks related to unforeseen delays; general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this Forward-Looking Information. The Company does not assume the obligation to revise or update this Forward-Looking Information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290780