Renegade Gold Stock Price, News & Analysis

Trillium Gold Mines Inc. (TGLDF) has engaged Red Cloud Securities for market-making services, subject to regulatory approval. Red Cloud, based in Toronto, aims to enhance market stability and liquidity for Trillium Gold shares traded on the TSX Venture Exchange. The company will compensate Red Cloud $5,000 monthly, with no performance metrics tied to the agreement. Trillium Gold is focused on mineral property acquisition and exploration in Northern Ontario, holding significant land in the Red Lake Mining District and surrounding areas.

Trillium Gold Mines has released results from six of eight drill holes from its 2021 program at the 80%-owned Gold Centre Property. The program, totaling 9,329 meters, targets Red Lake Mine stratigraphy. Visible gold was discovered in drill hole GC21-01 at 782.2 meters. Four geological trends were identified, with a deeper fifth gold trend planned for exploration in 2022. The proximity to Evolution Mining’s Red Lake Operations enhances the property's potential, as it shares geological characteristics with the adjacent mine.

Trillium Gold Mines Inc. has announced the resignation of Mr. Robert Schafer as non-Executive Chairman to focus on other commitments. Effective immediately, Russell Starr, the company's President and CEO, will assume the role of Chairman on an interim basis. Starr expressed gratitude for Schafer's contributions since July 2020 and emphasized the company's commitment to advancing gold exploration in the Red Lake Mining District. The company remains focused on acquiring and developing mineral properties in this area, including recent acquisitions in the Confederation Lake and Birch-Uchi greenstone belts.

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.