RNX 11.1% 1.0¢ renegade exploration limited

Broker Data, page-40

  1. 680 Posts.
    lightbulb Created with Sketch. 19
    Agreed........Not Yet

    Though moving forward,

    Cobalt Project > With what appears (*based on content sourced from link below) an initial 1 yr term on the McCleery Claim, one could assume/hope they would be keen to get boots on the ground to thoroughly assess its potential prior to renewal/expiry? Company has stated (Ann 12/04) it has begun planning for a work program during the summer of 2017.


    McCleery claim large.png * http://yukon4.maps.arcgis.com/apps/webappviewer/index.html?id=c65bc13e1c2c408eb8f993cfa74efbe1

    Gold Project> Company has stated (Ann 11/05), further exploration and drilling warranted at multiple targets and appropriate follow-up field work anticipated in June, including auger drilling and geochemistry to refine further RC/diamond core drill targets. 12 Month option to acquire expires Dec/Jan?

    Zinc Project> The Company has stated in quarterly it remains determined to continue to conduct further exploration at the Project, including drill testing the very high‐priority, un‐drilled targets at the Junction Prospect. Also of interest (though may be nothing), the company website under the 'Selous Project' tab currently states "New content will be available here very soon" (first noticed it last week) http://www.overlandresources.com/content/index.php/projects/yukon-base-metal-project/selous-project

    I understand $1.5M only stretches so far, though three potential sources of news flow over the coming months....... An update from Management stating their intentions would be greatly appreciated with the Yukon summer now upon us.

    GLTAH

    **Zinc Article of interest over the weekend > http://www.miningnews.net/commodities/base-metals/zinc-market-in-deficit/
    "Macquarie said it was seeing “phase two” of the zinc rally in progress. The bank expects to see zinc average $3100/t in the December quarter and average $2920/t this year. Macquarie expects zinc to average $3100/t next year."
    thinker.png
    Last edited by Lucror: 30/05/17
 
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