Renegade Gold Stock Price, News & Analysis

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.

Trillium Gold Mines has launched its Phase 1 exploration program in the Confederation greenstone belt, covering 65 km of mineral-rich territory in Ontario. The company aims to identify gold mineralization through soil sampling, rock sampling, and geophysical surveys. CEO Russell Starr emphasized the strategic consolidation in the Red Lake Gold Camp as a competitive advantage. Initial results are anticipated to inform follow-up drilling plans. The exploration leverages successful techniques like SGH sampling to enhance target identification, aiming for a productive year ahead.

Trillium Gold Mines (OTCQX: TGLDF) announced the commencement of an 8,000-meter drilling program on its Gold Centre property, adjacent to Evolution Mining's Red Lake Operation. This program aims to explore both near-surface geophysical targets and deeper mineralization. The company aims to validate the continuity of productive gold structures from adjacent properties. Historical data has led to target definitions, with drilling expected to assess the mineral potential of the Balmer stratigraphy. The program is anticipated to provide essential data for ongoing exploration efforts.

Trillium Gold Mines has reported promising results from six drill holes at the NT Zone of its Newman Todd Property in Red Lake, Ontario, highlighting significant gold intercepts such as 66.40 g/t Au over 1.0 metre. The drilling confirms a structural corridor extending 150 metres southwest, unlocking high-grade gold potential. A total of 10,505 metres have been drilled in the 2020 and 2021 programs. The company emphasizes its strategy to explore further and optimize its mineralization model, indicating potential for future discoveries.

Trillium Gold Mines Inc. (TSXV: TGM) (OTCQB: TGLDF) has appointed Ian M. MacNeily CPA, CA as Financial Advisor, effective immediately. With over 20 years in executive financial management within the mining sector, MacNeily's experience includes strategic planning, acquisitions, and financial controls. Previously, he played a key role in the $210 million acquisition by Barrick Gold Corporation. Additionally, the Board has approved the grant of 300,000 incentive stock options to officers and employees and accepted the cancellation of 50,000 options from former advisor Rohan Hazelton.

Trillium Gold Mines announced the final results from its 2020 drill program at the Newman Todd Property, totaling 6,081 meters in 16 holes. The latest data revealed significant high-grade gold results, including values up to 36.63 g/t Au over 1 meter. This drilling, the first since 2013, validated the company’s understanding of mineralization in the NT Zone, aiding in the development of a robust exploration model. Drilling continues in 2021 with two rigs on site, focusing on expanding mineralization and deepening understanding of the structural controls.

Trillium Gold Mines Inc. (OTCQB: TGLDF) announced an update on its drilling program at the Rivard property, part of the Newman Todd project in Red Lake Gold Camp. Seven drill holes totaling 3,484 meters have been completed, aiming to explore the southwest extension of the Newman Todd Zone. Visual gold occurrences have been documented in quartz veins across multiple drilling sites, suggesting potential for additional high-grade mineralization. The company is eager to further assess the continuity of gold veins as it tests various drill orientations.

Trillium Gold Mines Inc. (OTCQB: TGLDF) announces the completion of an exploration block model for its Newman Todd property, enhancing the understanding of high-grade mineralization potential. Recent drilling of 6,087 metres has contributed to a total of 51,046 metres across 136 drillholes, indicating a likelihood of significantly more ounces than previously estimated. The company emphasizes the need for further drilling to validate the mineral resource. CEO Russell Starr anticipates a more robust resource update in the future.