In May 2025, Renegade acquired four highly prospective projects with a sizeable land holding footprint for US$150,000 in the Walker Lane trend in Nevada, USA.
Walker Lane is highly prospective for gold-silver plus base metals, has numerous operating mines and still remains lightly explored. Nevada is an attractive destination for both exploration and mining consistently being regarded as one of the World’s most favourable mining destinations.
Nevada Projects with nearby existing and historical mines.
High grade gold rock chip samples at Caisson Project.
Renegade is conducting a full review of the historical geological results. The most recent rock chip and field programs undertaken has highlighted the potential for epithermal style gold which is most encouraging.
Rock chips include:
- 71.85 g/t Au (sample ID: 587236)
- 41.06 g/t Au (sample ID: 590794)
- 36.01 g/t Au (sample ID: 590770)
- 31.19 g/t Au (sample ID: 590780)
- 26.61 g/t Au (sample ID: 587252)
- 26.20 g/t Au (sample ID: 590790)
- 24.47 g/t Au (sample ID: 587324)
- 18.43 g/t Au (sample ID: 590791)
- 17.66 g/t Au (sample ID: 590775)
Caisson Project with all rock chip locations.
Nevada Project Acquisition Background
The four Projects have been acquired for USD150,000 and will be owned 100% outright. The original vendor retains a 4% NSR with a buy back right for 1%. The claims require annual payments to maintain ownership with no annual expenditure requirements.
There is some historical work on some of the projects including mapping, soil and rock chip sampling, plus some limited drilling on three of the projects. All of the projects are regarded as highly prospective and require further detailed geological work and drilling.