ASX ANNOUNCEMENT
only23 March 2022
ABN 92 114 187 978
ASX Code: RNX
ISSUED CAPITAL
Shares: | 879.6 million |
use | 70.0 million |
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CORPORATE DIRECTORY
Chairman:
Robert Kirtlan
Director:
Mark Wallace
personalDirector:
M rk Connelly
Company Secretary:
Graeme Smith
CONTACT DETAILS
Level 1, 982 Wellington Street, We t Perth WA 6005
Aust alia
PO Box 1485
Subiaco WA 6904
E: info@renegadeexploration.com
T: +61 409 842 354 www.renegadeexploration.comFor
PROMISING LADY AGNES RESULTS
AND DATA REVIEW
- Pleasing results from recent soil sampling campaign and review of historical drill and geophysical survey at Lady Agnes Prospect
- RC drilling campaign now planned to test under the historic mine for shallow oxide mineralisation and IP target circa 100 - 150m depth
- Interpretation from historical drill-hole - 181m @ 0.22% Cu from 273m (LAG1) - suggest potential for untapped broad copper generating system at the Lady Agnes Prospect
Renegade, (ASX:RNX) (the Company or Renegade), commenced field programs at its North Isa Project including soil sampling programs, mapping and interpretation of historical data at the Pipeline and Lady Agnes Prospects. Pleasingly, results for Lady Agnes (LAG) has generated positive results from the soil program as well as review of historical drill and geophysical survey data not previously available publicly (Figure 1 and 2).
Moreover, closer analysis and interpretations have instilled sufficient confidence for the Board to authorise a 2,000m RC program which will drill under the historical Lady Agnes Mine to test shallow oxide mineralisation and an IP target at circa 100-150m true depth.
Of significance for Renegade is historic drill-hole, LAG1, which generated a broad mineralised zone of 181m @ 0.22% Cu from 273m. This is under the geophysical IP target which Renegade will target in its upcoming drill program. Notably, the historical LAG1 provides encouragement there is a broad copper generating system within what is interpreted to be a brecciated structure.
Figure 1: Lady Agnes Plan View - structures, soil results, IP and LAG1
The review remains ongoing and subject to finalisation however, Renegade has commenced the following: clearance work; securing all necessary approvals; and negotiations with a contractor to secure a slot for commencement of drilling.
For personal use only
Figure 2: Lady Agnes Cross Section - interpreted IP and LAG1
Lady Agnes is located at a flexure in the Western Fault which separates the Basement Eastern Creek Volcanics (ECV) and the Mt Isa Group sediments. At surface it is represented by extensive brecciation, silicification and visible malachite mineralisation present within the brecciated zones, and also in cleavages which is sub vertical, dipping 82 degrees to the north. Historical mining focused on higher grade oxide resources and more recent work (1960's - 2000's) involved drilling and geophysics. Mt Isa Mining, in particular, drilled several deeper holes to test for deep larger ore bodies along the Western Fault and one of the drillholes, LAG1, was drilled adjacent to the Lady Agnes Mine. Renegade is proposing, from its geological and geophysical interpretation, that there is potential for copper sulphide resources within the main alteration zone which has a corresponding IP anomaly and which is interpreted to be representative of sulphide mineralisation.
Pipeline has been subject to a number of historical programs with little drilling. Renegade's soil sampling program generated further information which is being incorporated into the historical data and includes reprocessing old geophysical data to determine prospective drill targets.
The North Isa Project is located directly north of the George Fisher mine and approximately 35km north of Mt Isa township and controls approximately 20km of the Western Fault. The Western Fault and associated faults host the historic Lady Agnes mine together with numerous other historic workings. The
For personal use only
project straddles the thrust faulted Eastern Creek Volcanics (ECV) and Mt Isa Group sediment boundary with several existing copper mineral occurrences including the Lady Agnes copper mine which is located within an embayment along the faulted ECV/Mt Isa Group contact.
Table1: Soil Sampling Results Lady Agnes
SampleID | East | North | Cu(ppm) | Pb(ppm) | Zn(ppm) | Au(ppm) |
LAS001 | 342100 | 7741900 | 60.6 | 37.9 | 115 | <0.02 |
LAS002 | 342150 | 7741900 | 53.2 | 35.7 | 110 | <0.02 |
LAS003 | 342200 | 7741900 | 52.2 | 42.1 | 143 | <0.02 |
LAS004 | 342250 | 7741900 | 47.1 | 37.4 | 142 | <0.02 |
LAS005 | 342300 | 7741900 | 34.7 | 33.8 | 103 | <0.02 |
LAS006 | 342350 | 7741900 | 39.6 | 37.3 | 109 | <0.02 |
LAS007 | 342400 | 7741900 | 38.8 | 33.9 | 101 | <0.02 |
LAS008 | 342450 | 7741900 | 51.9 | 35.6 | 123 | <0.02 |
LAS009 | 342500 | 7741900 | 27.3 | 31.3 | 90 | <0.02 |
LAS010 | 342550 | 7741900 | 30.4 | 29.4 | 107 | <0.02 |
LAS011 | 342600 | 7741900 | 33.2 | 36.6 | 113 | <0.02 |
LAS012 | 342650 | 7741900 | 38.6 | 32.8 | 90 | <0.02 |
LAS013 | 342650 | 7741950 | 32.1 | 35.7 | 99 | <0.02 |
LAS014 | 342600 | 7741950 | 41.7 | 35.9 | 100 | <0.02 |
LAS015 | 342550 | 7741950 | 45.5 | 43.4 | 110 | <0.02 |
LAS016 | 342500 | 7741950 | 37.3 | 33.8 | 102 | <0.02 |
LAS017 | 342450 | 7741950 | 41.6 | 39.4 | 126 | <0.02 |
LAS018 | 342400 | 7741950 | 44.7 | 39.8 | 138 | <0.02 |
LAS019 | 342350 | 7741950 | 48.2 | 39.3 | 138 | <0.02 |
LAS020 | 342300 | 7741950 | 78.7 | 38.4 | 102 | <0.02 |
LAS021 | 342250 | 7741950 | 149.5 | 25.5 | 52 | <0.02 |
LAS022 | 342200 | 7741950 | 107.5 | 20.7 | 29 | <0.02 |
LAS023 | 342150 | 7741950 | 99.4 | 20.3 | 29 | <0.02 |
LAS024 | 342100 | 7741950 | 113 | 27.1 | 59 | <0.02 |
LAS025 | 342100 | 7742000 | 44.3 | 13.8 | 39 | <0.02 |
LAS026 | 342150 | 7742000 | 80.4 | 17.3 | 35 | <0.02 |
LAS027 | 342200 | 7742000 | 74.3 | 20.8 | 25 | <0.02 |
LAS028 | 342250 | 7742000 | 72 | 17.9 | 18 | <0.02 |
LAS029 | 342300 | 7742000 | 124.5 | 19.8 | 26 | <0.02 |
LAS030 | 342350 | 7742000 | 193 | 25.9 | 42 | <0.02 |
LAS031 | 342400 | 7742000 | 124 | 32.4 | 68 | <0.02 |
LAS032 | 342450 | 7742000 | 50.9 | 36.7 | 115 | <0.02 |
LAS033 | 342500 | 7742000 | 37.5 | 37.6 | 126 | <0.02 |
LAS034 | 342550 | 7742000 | 38.6 | 38.8 | 138 | <0.02 |
LAS035 | 342600 | 7742000 | 38.1 | 44.8 | 157 | <0.02 |
LAS036 | 342650 | 7742000 | 43.6 | 39.1 | 135 | <0.02 |
LAS037 | 342650 | 7742050 | 50.7 | 53.4 | 158 | <0.02 |
LAS038 | 342600 | 7742050 | 46.2 | 42.3 | 160 | <0.02 |
LAS039 | 342550 | 7742050 | 51 | 38.8 | 140 | <0.02 |
LAS040 | 342500 | 7742050 | 58.7 | 34.8 | 100 | <0.02 |
LAS041 | 342450 | 7742050 | 156.5 | 27.3 | 61 | <0.02 |
For personal use only
SampleID | East | North | Cu(ppm) | Pb(ppm) | Zn(ppm) | Au(ppm) |
LAS042 | 342400 | 7742050 | 195.5 | 28.2 | 31 | <0.02 |
LAS043 | 342350 | 7742050 | 100.5 | 13.6 | 20 | <0.02 |
LAS044 | 342300 | 7742050 | 103.5 | 16.4 | 20 | <0.02 |
LAS045 | 342250 | 7742050 | 81.7 | 23.6 | 22 | <0.02 |
LAS046 | 342200 | 7742050 | 93.7 | 33.5 | 39 | <0.02 |
LAS047 | 342150 | 7742050 | 68.2 | 23.5 | 41 | <0.02 |
LAS048 | 342100 | 7742050 | 48.4 | 15.2 | 37 | <0.02 |
LAS049 | 342100 | 7742100 | 58.4 | 14.6 | 43 | <0.02 |
LAS050 | 342150 | 7742100 | 55.7 | 18.2 | 41 | <0.02 |
LAS051 | 342200 | 7742100 | 121.5 | 33.2 | 51 | <0.02 |
LAS052 | 342250 | 7742100 | 97.2 | 36.7 | 38 | <0.02 |
LAS053 | 342300 | 7742100 | 128.5 | 26.5 | 28 | <0.02 |
LAS054 | 342350 | 7742100 | 268 | 23.7 | 24 | <0.02 |
LAS055 | 342400 | 7742100 | 217 | 17.7 | 24 | <0.02 |
LAS056 | 342450 | 7742100 | 176 | 24.8 | 46 | <0.02 |
LAS057 | 342500 | 7742100 | 134 | 34.2 | 61 | <0.02 |
LAS058 | 342550 | 7742100 | 78.4 | 26.1 | 73 | <0.02 |
LAS059 | 342600 | 7742100 | 47.3 | 41.2 | 136 | <0.02 |
LAS060 | 342650 | 7742100 | 40.4 | 35.9 | 138 | <0.02 |
LAS061 | 342650 | 7742150 | 28 | 36.1 | 130 | <0.02 |
LAS062 | 342600 | 7742150 | 44 | 34.7 | 118 | <0.02 |
LAS063 | 342550 | 7742150 | 96.4 | 32.2 | 70 | <0.02 |
LAS064 | 342500 | 7742150 | 156 | 21.8 | 31 | <0.02 |
LAS065 | 342450 | 7742150 | 203 | 28.1 | 33 | 0.02 |
LAS066 | 342400 | 7742150 | 370 | 24.9 | 23 | <0.02 |
LAS067 | 342350 | 7742150 | 230 | 30.6 | 25 | <0.02 |
LAS068 | 342300 | 7742150 | 93.2 | 27.8 | 23 | <0.02 |
LAS069 | 342250 | 7742150 | 86.5 | 24.5 | 24 | <0.02 |
LAS070 | 342200 | 7742150 | 86.6 | 21.7 | 40 | <0.02 |
LAS071 | 342150 | 7742150 | 71 | 21.6 | 48 | <0.02 |
LAS072 | 342100 | 7742150 | 63.6 | 15.2 | 40 | <0.02 |
LAS073 | 342100 | 7742200 | 41.2 | 21.9 | 36 | <0.02 |
LAS074 | 342150 | 7742200 | 85.1 | 15.6 | 37 | <0.02 |
LAS075 | 342200 | 7742200 | 144.5 | 19 | 59 | <0.02 |
LAS076 | 342250 | 7742200 | 81.9 | 27.5 | 22 | <0.02 |
LAS077 | 342300 | 7742200 | 247 | 33.5 | 33 | <0.02 |
LAS078 | 342350 | 7742200 | 487 | 18 | 19 | <0.02 |
LAS079 | 342400 | 7742200 | 831 | 19.2 | 36 | 0.03 |
LAS080 | 342450 | 7742200 | 270 | 28.6 | 26 | <0.02 |
LAS081 | 342500 | 7742200 | 201 | 28.9 | 31 | <0.02 |
LAS082 | 342550 | 7742200 | 110 | 20.7 | 18 | <0.02 |
For personal use only
SampleID | East | North | Cu(ppm) | Pb(ppm) | Zn(ppm) | Au(ppm) |
LAS083 | 342600 | 7742200 | 65 | 20 | 50 | <0.02 |
LAS084 | 342650 | 7742200 | 81.3 | 53.2 | 154 | <0.02 |
LAS085 | 342650 | 7742250 | 89.6 | 20.2 | 48 | <0.02 |
LAS086 | 342600 | 7742250 | 66.6 | 20.5 | 45 | <0.02 |
LAS087 | 342550 | 7742250 | 119.5 | 31.8 | 30 | <0.02 |
LAS088 | 342500 | 7742250 | 207 | 35.2 | 32 | <0.02 |
LAS089 | 342450 | 7742250 | 557 | 22.9 | 23 | 0.02 |
LAS090 | 342400 | 7742250 | 761 | 36 | 22 | 0.14 |
LAS091 | 342350 | 7742250 | 8160 | 22.9 | 18 | 0.43 |
LAS092 | 342300 | 7742250 | 305 | 27.7 | 27 | 0.02 |
LAS093 | 342250 | 7742250 | 155 | 42.6 | 50 | <0.02 |
LAS094 | 342200 | 7742250 | 193 | 18.8 | 72 | <0.02 |
LAS095 | 342150 | 7742250 | 95.1 | 24.5 | 53 | <0.02 |
LAS096 | 342100 | 7742250 | 43.3 | 21.3 | 30 | <0.02 |
LAS097 | 342100 | 7742300 | 108.5 | 15.9 | 56 | <0.02 |
LAS098 | 342150 | 7742300 | 162 | 29.4 | 83 | <0.02 |
LAS099 | 342200 | 7742300 | 209 | 23.4 | 88 | <0.02 |
LAS100 | 342250 | 7742300 | 133.5 | 20.3 | 73 | <0.02 |
LAS101 | 342300 | 7742300 | 293 | 22.7 | 43 | 0.06 |
LAS102 | 342350 | 7742300 | 267 | 35.1 | 53 | <0.02 |
LAS103 | 342400 | 7742300 | 223 | 25.2 | 30 | <0.02 |
LAS104 | 342450 | 7742300 | 161.5 | 30 | 43 | <0.02 |
LAS105 | 342500 | 7742300 | 98 | 32.2 | 34 | <0.02 |
LAS106 | 342550 | 7742300 | 102 | 24.7 | 25 | <0.02 |
LAS107 | 342600 | 7742300 | 98.5 | 24.4 | 38 | <0.02 |
LAS108 | 342650 | 7742300 | 94 | 12.6 | 29 | <0.02 |
LAS109 | 342650 | 7742350 | 91 | 17 | 40 | <0.02 |
LAS110 | 342600 | 7742350 | 160.5 | 23.1 | 56 | <0.02 |
LAS111 | 342550 | 7742350 | 136.5 | 20.6 | 46 | <0.02 |
LAS112 | 342500 | 7742350 | 209 | 26.4 | 49 | <0.02 |
LAS113 | 342450 | 7742350 | 230 | 19.6 | 50 | <0.02 |
LAS114 | 342400 | 7742350 | 295 | 19.8 | 59 | <0.02 |
LAS115 | 342350 | 7742350 | 175.5 | 14.6 | 27 | <0.02 |
LAS116 | 342300 | 7742350 | 130.5 | 21.1 | 41 | <0.02 |
LAS117 | 342250 | 7742350 | 211 | 13.4 | 76 | <0.02 |
LAS118 | 342200 | 7742350 | 203 | 22.3 | 84 | <0.02 |
LAS123 | 342200 | 7742400 | 211 | 21.3 | 91 | <0.02 |
LAS124 | 342250 | 7742400 | 202 | 20.8 | 89 | <0.02 |
LAS125 | 342300 | 7742400 | 140.5 | 18.1 | 56 | 0.03 |
LAS126 | 342350 | 7742400 | 120 | 31.1 | 47 | <0.02 |
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Renegade Exploration Limited published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 01:23:09 UTC.