RNX 0.00% 0.9¢ renegade exploration limited

Yukon Base Metal Project, page-21

  1. 6,674 Posts.
    lightbulb Created with Sketch. 1552
    Having secured a cobalt / copper project in the Yukon for next to nothing, there's a very strong possibility that similar acquisitions will be forthcoming. From the Quarterlies:

    "INCREASING THE MINEABLE RESOURCES
    It is considered likely that additional ore supply could ultimately be secured through exploration success at the YBMP itself and/or by securing material from other “stranded” base metal deposits in the vicinity. Accordingly, to help ascertain the potential value of exploration (and/or acquisition) success, during the recent review consideration was given to the financial impact of potentially increasing the mineable resources at the YBMP. The review demonstrated that considerable additional value can potentially be realised by exploration and/or acquisition success. Accordingly the Company remains determined to continue to conduct further exploration at the Project, including drill testing the very highpriority, undrilled targets at the Junction Prospect, where four extensive zincinsoil anomalies are present, each of which exceeds 2,000m in length, and from where assays up to 0.45% Zn and 6.1 g/t Ag have been returned. The size and grade of these anomalies is comparable to the zincinsoil anomalies previously delineated over the Andrew, Darcy and Darin Deposits that now host the existing JORC compliant resources at the YBMP that comprise 12.6Mt @ 5.3% Zn and 0.9% Pb . Additionally the Company has established a deliberate strategy to pursue other opportunities in the district with a view to securing additional material to process through an onsite facility".
 
watchlist Created with Sketch. Add RNX (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $11.52M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $34.68K 4.023M

Buyers (Bids)

No. Vol. Price($)
12 5212903 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 67003 1
View Market Depth
Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
RNX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.