Ann: Update announcement IOCG zone discovered at Mongoose Deeps, page-37

It is good to hear from Robert they have confirmed the existence of an IOCG discovery at Mongoose Deeps and its similarity "mirroring" to Ernest Henry mine in terms of pyrite, chalcopyrite, magnetite & red rock. All key indicators for Ernest Henry style of mineral formation.

RNX are now considering using multi-purpose RC drill rigs to get down to at least 500 metres and if they hit mineralisation at the top of any anomaly then they can complete the hole with further Diamond Drilling (DD). Thus providing valuable mineralised core for the resource definition stage.

This methodology speeds up the whole exploration drilling program for pin-pointing the ore zone by increasing the number of drill holes (fast RC vs slow DD) and reduces drilling costs significantly. Hence, more stabs at the geophysics anomaly to better define its position for the money they have.

Mongoose Deeps assays at ALS Laboratory for gold, copper and cobalt are pending for the 400 metres of selected core they submitted.

This upcoming news should please the market as they move closer to the massive anomaly target.

Long Shortz with Renegade Exploration: Outstanding Ernest Henry lookalike