Yukon Base Metal Project

Introduction

Sedimentary basins globally are richly endowed with large base metal deposits. The Selwyn Basin (Canada), host to the Andrew Zinc Deposit, is known to host 17 base metal deposits with 55 million tonnes of contained zinc and lead metal. This places the Selwyn Basin third globally in zinc and lead contained metal endowment behind the Mount Isa – McArthur Basin and Curnamona Craton hosting the enormous Broken Hill deposit in Australia.

Eight of the twelve largest Canadian SEDEX deposits occur within the Selwyn Basin. The Selwyn Basin remains highly prospective and poorly explored.

Zinc deposits of the Yukon showing the location of the Andrew Zinc Deposit
(modified from Yukon Geological Survey)

Overview

Renegade Exploration’ acquired a 90% interest in the Yukon Base Metal Project in 2007.  The Project comprises in excess of 1500 Mineral Claims covering approximately 350km2 within the highly prospective Selwyn Basin, Yukon Territory, Canda. Included in this land package are the high grade Andrew Zinc Deposit, Darcy Zinc Deposit and Darin Zinc Deposits, and several other highly prospective target areas including the Myschka copper-gold target, Scott zinc-lead target, Riedell base metal target, and a large area of unexplored territory.

Mobilisation along the 2008 winter access road

The Port of Skagway, Alaska provides a year round ice free deepwater port to service the Yukon and has existing concentrate loading facilities available for use.

Concentrate loading facilities, Skagway, Alaska

In 2008, Renegade entered into a strategic agreement with a major metals trading house to allow them the rights to sale and market all concentrates produces from the Yukon Base Metal Project. This partnership provides the Company with access to the resources and knowledge of a major industry institution that has global mining, marketing, freight and smelting operations.


Highlights


JORC Compliant Mineral Resource

Measured, Indicated and Inferred Mineral Resource:  12.6Mt at 6.0% Zn equivalent*

Deposit Measured Indicated Inferred Total
Tonnes

Zn

(%)

Pb

(%)

Tonnes Zn

(%)

Pb

(%)

Tonnes Zn

(%)

Pb

(%)

Tonnes Zn

(%)

Pb

(%)

Andrew 1,730,000 5.3 1.7 4,730,000 6.0 1.6 190,000 4.9 1.6 6,650,000 5.8 1.6
Darcy 1,670,000 4.8 0.0 3,880,000 4.7 0.0 5,550,000 4.7 0.0
Darin 360,000 4.0 0.2 360,000 4.0 0.2
Total 1,730,000 5.3 1.7 6,400,000 5.8 1.1 4,430,000 4.6 0.1 12,560,000 5.3 0.9

*2% zinc cut-off and 1,000mRL applied
17 February 2017 spot LME metal prices applied: US$2,825/T zinc; US$2,269/T lead


Reassessment of Optimal Development Strategy

Andrew Zinc Deposit outcropping ore zone


2012 Mining Study


High Priority Drill Targets at the Junction Prospect

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