Renegade Gold Stock Price, News & Analysis

Trillium Gold Mines Inc. (OTCQX: TGLDF) reported findings from its spaciotemporal geochemical hydrocarbon (SGH) sampling program conducted on its 39,300 hectare Confederation Belt properties in Red Lake, Ontario. The survey identified several significant gold anomalies across multiple target types, indicating a strong gold exploration potential. Follow-up exploration is planned for 2022 to prioritize these drill targets. CEO Russell Starr emphasized the company's dominant position in the Red Lake district, which has historically produced 29 million ounces of gold, positioning it well within this productive area.

On December 21, 2021, Trillium Gold Mines Inc. (TSXV: TGM, OTCQX: TGLDF) held its annual general and special meeting, where shareholders approved all agenda items. This included the re-election of Robert Schafer, Russell Starr, David Velisek, Robert Kang, and Krisztian Toth as directors. Additionally, shareholders approved a rolling Share Compensation Plan, ensuring it remains effective until the next annual meeting. Trillium Gold focuses on acquiring and developing mineral properties in Northern Ontario, particularly in the Red Lake Mining District.

Trillium Gold Mines Inc. (TGLDF) announced a definitive agreement to acquire Infinite Ore Corp.'s Eastern Vision property in Ontario's Confederation Lake assemblage. This acquisition covers 16,991 hectares and strengthens Trillium's position in the Red Lake Mining District, consolidating over 100 km of favorable geological structures. The agreement involves issuing 4 million common shares and a cash payment of $175,000. Trillium aims to enhance its strategic advantage and exploration capabilities in a highly prospective area for gold mining.

On October 26, 2021, Trillium Gold Mines Inc. (TGLDF) announced the successful acquisition of the Willis Property, comprising 13 patented mineral claims over 229 hectares in Ontario. The acquisition involved a payment of $420,000 and the issuance of 400,000 common shares, subject to a four-month hold period. The property is subject to a 2% net smelter returns royalty, of which Trillium has an option to repurchase 1% for $1.2 million. This strategic acquisition enhances Trillium’s holdings in the Red Lake Mining District and positions the company for future growth.

Trillium Gold Mines Inc. announced impressive results from drill hole NT21-194 at its Newman Todd Complex. Key highlights include significant gold intercepts such as 0.5m at 294 g/t and multiple other high-grade intersections, indicating strong potential for expanding gold resources. The ongoing drilling aims to explore structurally controlled zones that may enhance resource estimates. CEO Russell Starr emphasizes the potential of new structural insights to target high-grade zones. The news follows earlier drill results, continuing to build on the promising mineralization at the site.

Trillium Gold Mines has reported significant advancements in their drilling results for the Newman Todd Complex. New assays from 15 drill holes indicate that gold mineralization is more extensive than previously thought. Key highlights include:

• NT21-187 returning 6.97m @ 7.5 g/t Au, including 1m @ 45.9 g/t Au.
• Rivard property showing high-grade results, with RV21-34 recording 2.2m @ 25.23 g/t Au.

The company's VP of Exploration emphasized a clearer structural understanding and potential for increased high-grade resource delineation.

Trillium Gold Mines Inc. reported initial drilling results from the Gold Centre Project in Red Lake, Ontario. The first two drill holes (GC21-04 and GC21-05) intersected the Huston-Balmer assemblage contact, revealing favorable alteration and structure similar to those at the adjacent Red Lake Mine. The current drill program aims to explore 8,000 meters targeting anomalous trends from previous surveys. Initial findings indicate potential sulphide mineralization and strong correlation with the Red Lake Mine, enhancing prospects for further exploration.

Trillium Gold Mines Inc. (TGLDF) has signed a non-binding Letter of Intent with Infinite Ore Corp. to acquire its property holdings in the Confederation Lake area near Red Lake, Ontario. This Proposed Transaction encompasses 19,438 hectares and aims to consolidate Trillium's land position in the region, achieving over 100 km in length. The Company plans to issue 4 million shares and pay $175,000. The transaction, expected to close in Q3 2021, hinges on definitive agreements and TSX Venture Exchange approval. Historical resources on the properties include significant precious metal values.

Trillium Gold Mines announced significant gold intercepts from drilling at the Rivard Property, part of the Newman Todd Project in Red Lake, Ontario. Notable results include 129.79 g/t Au over 1.30m in RV21-29 and 9.58 g/t Au over 0.80m in RV21-30, with visible gold in each hole. The successes underscore the potential of the Rivard Property for high-grade mineralization, with ongoing drilling expected to uncover more valuable corridors. The Rivard family historically extracted gold from this property, affirming its rich prospects for future mining operations.