Welcome to our dedicated page for Renegade Gold news (Ticker: TGLDF), a resource for investors and traders seeking the latest updates and insights on Renegade Gold stock.
Renegade Gold Inc. reports exploration and corporate developments for a mineral exploration company focused on the acquisition, exploration and development of properties in the Red Lake Mining District of Northern Ontario. Its updates center on a district-scale portfolio with gold and critical-minerals potential, including work tied to the Newman Todd Project, the Gullrock and Confederation properties, and the Confederation Lake and Birch-Uchi greenstone belts.
Company news also covers technical-team and board changes, incentive stock options, capital-structure actions such as share consolidation, and financing or debt-settlement activity connected to the advancement of its exploration portfolio.
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.
Trillium Gold Mines Inc. (TGLDF) has successfully closed a joint venture agreement with Rupert Resources, granting it an 80% interest in the Gold Centre Property adjacent to Evolution Mining's Campbell-Red Lake Mine. This follows the receipt of a drill permit for the property, with plans for drilling targeting both shallower sulphide-style and deeper high-grade mineralization. The company issued 500,000 common shares to Rupert on closing, subject to a four-month hold period.
Trillium Gold Mines Inc. (TGLDF) announced its updated modelling at the Newman Todd Project, focusing on high-grade gold targets. New detailed structural models indicate correlations with past successful drill results and high-grade quartz veining. Initial drilling will target these high-grade structures to define mineralization better. Historical drilling results displayed significant intervals, with some exceeding 20 g/t gold. The NT Zone, a prominent target in the Red Lake Gold Camp, is 2.2 km long and has potential for further high-grade discoveries.
Trillium Gold Mines Inc. (TGLDF) has received a drill permit for its Gold Centre property, strategically located near Evolution Mining's Campbell-Red Lake Mine. This follows the acquisition of 80% interest in the property, which boasts a rich gold history with over 29.5 million ounces produced. The drill program aims to explore both shallow sulphide-style and deeper high-grade mineralization. CEO Russell Starr emphasized the property's potential, calling it a "once in a lifetime opportunity" for substantial shareholder value. The acquisition's closure is anticipated this month.
Trillium Gold Mines Inc. has appointed Rohan Hazelton as Senior Financial Advisor. With over 25 years of international finance experience, including significant roles at Wheaton River/Goldcorp, he brings expertise in operational and financial management. Hazelton has successfully handled more than $20 billion in M&A transactions. The company has granted him 50,000 incentive stock options. CEO Russell Starr expressed excitement over Hazelton's addition, emphasizing his value in strategizing Trillium's growth in the Red Lake District.
Trillium Gold Mines has confirmed high-grade gold mineralization in the west Red Lake area with promising assay results from its recent drill program on the Newman Todd Property. Significant intersections include 15.41 g/t Au over 7.05m and 8.63 g/t Au over 6.55m, showcasing the area's potential for further exploration. The company aims to expand its drilling efforts, focusing on structural controls and additional mineralization down-dip. This marks the first drilling since 2013, creating optimism for shareholders about the Newman Todd Zone's prospects.