RNS renaissance minerals limited

Renaissance Minerals (ASX:RNS) has trenched several high grade...

  1. Renaissance Minerals (ASX:RNS) has trenched several high grade gold assays within its Okvau licence in Cambodia.

    In addition to a drilling program testing the potential for extensions to its 1.2 million ounce Okvau Deposit, the Company has been focusing exploration activities along a 5 kilometre prospective trend to the north.

    Results received from recent trenching at the Area 1 Prospect include 17 metres at 2.9g/t gold with 9 metres at 4.8g/t gold, 5 metres at 3.6g/t gold, and 4 metres at 3.9g/t gold.

    Mapping and rock chipping of a new target area returned 14.9g/t, 10.9g/t and 6.8g/t gold and 4 metres at 6.2g/t gold from channel sampling of outcrop.

    Numerous high priority exploration targets have been generated close to Okvau and are ready for drill testing.

    The Okvau Deposit and other gold occurrences within the Okvau and O’Chhung exploration licences are directly associated with diorite and granodiorite intrusions and are best classed as ‘Intrusive Related Gold’ systems.

    These results highlight the potential to continue to grow the 1.2 million ounce Okvau deposit, and importantly, this growth potential is likely to comes from near surface mineralisation amenable to low cost open pit mining.

     

 
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Currently unlisted public company.

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