Business
Renegade Gold Expands Red Lake Land Package to More Than 100,000 ha Through Strategic Acquisitions at Confederation
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Renegade Gold Inc. (TSXV: RA...
About this update from Renegade Gold Inc.
[{"type":"text","content":"Renegade Gold Expands Red Lake Land Package to More Than 100,000 ha Through Strategic Acquisitions at ConfederationVancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: RENGF) (FSE: 070) (\"Renegade\" or the \"Company\") is pleased to announce a significant expansion of its Red Lake exploration footprint, centered within the Company's Confederation Project, through the acquisition of additional claims and strategic claim staking in the Red Lake Mining District, Ontario (Figure 1). The Company has entered into a mineral property purchase agreement with an arm's length third party dated February 5, 2026 (the \"Agreement\"), whereby the Company agreed to purchase a total of 105 unpatented mining claims known as the Belanger Property. Following this acquisition, Renegade's consolidated Red Lake land package would total approximately 100,150 ha.HighlightsExpanded Red Lake land position to approximately 100,150 ha, one of the largest consolidated exploration portfolios in the district.Belanger Property added to the Confederation Project, comprising 2,150 ha and approximately 5 km of prospective strike length, with historic high-grade gold mineralization documented at surface up to 60.4 g/t Au and in shallow drilling[1] up to 7.66 g/t Au and 2.06% Cu over 0.3 m[2].Strategic consolidation within the Confederation Project, including additional claims proximal to the Copperlode trend and new claim staking within the existing land position.Expansion supports Renegade's greenfield discovery strategy, focused on district-scale land consolidation, systematic evaluation of underexplored geological corridors, and the generation of new, high-quality drill targets.Devin Pickell, President and CEO of Renegade, commented, \"The Belanger Property represents a strategic addition along major regional structures within our Confederation Project, adding approximately 5 km of prospective strike length with documented high-grade gold and base metal mineralization at surface and in shallow drilling. Together with the acquisition of the Arrow West claims in December and the recent staking of additional claims within the existing land package, we have further strengthened continuity across key geological corridors. These additions support our greenfield discovery strategy as we continue refining our explor...