RNX 0.00% 0.9¢ renegade exploration limited

Very interesting acquisition. HIGHLIGHTS • New claims staked...

  1. 2,415 Posts.
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    Very interesting acquisition.

    HIGHLIGHTS

    • New claims staked covering ~9km2 to secure a 100% interest in the McCleery Copper-Cobalt Project in the Yukon Territory, Canada

    • Project targeted following a review of all historic cobalt occurrences in the Yukon

    • Previous exploration focused on copper mineralisation, with rock samples assaying up to 15.6% Cu and 420 g/T Ag

    • Historic reports indicate only one sample from the Project has ever been assayed for cobalt - returning 0.76% Co and 14 g/T Ag

    • Multiple occurrences of cobalt bloom (secondary cobalt) and cobaltite (cobalt sulphide) are reported; separated by approximately 1,000m of prospective strike

    • The Project has not been explored since 1983 and has never been drilled

    • No exploration focusing on the potential of the Project to host economic cobalt mineralisation has ever been undertaken

    And the best part - minimal expenditure on the license!
 
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