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Renegade Gold Reports Significant New Mineral Resource Estimate at Red Lake Project, Ontario
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Renegade Gold Inc.  (TS...
About this update from Renegade Gold Inc.
[{"type":"text","content":"Renegade Gold Reports Significant New Mineral Resource Estimate at Red Lake Project, OntarioVancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: RENGF) (FSE: 0700) (\"Renegade\" or the \"Company\") is pleased to announce a new Mineral Resource Estimate (\"MRE\") consisting of 370,000 ounces in the Indicated category and 439,000 ounces in the Inferred category (See Table 1. Rebel Mineral Resource Estimate below), at its 100%-owned Red Lake gold project, now renamed the Rebel Gold Deposit (the \"Project\"). The MRE supports both open pit and underground development scenarios and demonstrates strong grade continuity across a structurally controlled gold system, establishing Rebel as a significant gold asset for the Company within the Red Lake Mining District of Ontario (Figure 1). The Project was previously referred to as the Newman Todd Deposit.HighlightsTotal Mineral Resource includes 370,000 ounces Indicated and 439,000 ounces Inferred at the 100%-owned Rebel Gold Deposit.Open Pit Resource:5.57 Mt @ 2.07 g/t Au (370,000 ounces Indicated).2.50 Mt @ 2.42 g/t Au (194,000 ounces Inferred).Underground Resource:1.55 Mt @ 4.91 g/t Au (245,000 ounces Inferred).Deposit Extended at Depth: Recent drilling by Renegade has confirmed gold mineralization beyond 700 m depth, more than doubling the historical drill depth, which was largely focused within the upper 300 m. Substantial expansion potential remains between 300 m and 700 m and at depth (Figure 2).2026 drilling program planning in progress to target resource expansion toward the one-million-ounce benchmark.Table 1. Rebel Mineral Resource Estimate1CategoryOpen PitUndergroundTonnesAu g/tContained Au (oz)TonnesAu g/tContained Au (oz)Indicated5,568,0002.07370,000Inferred2,495,0002.42194,0001,553,0004.91245,000 Devin Pickell, President and CEO for Renegade, commented, \"This Mineral Resource Estimate marks a significant milestone for Renegade. With over 800,000 ounces defined, including a solid Indicated base and a high-grade underground component, Rebel is emerging as a robust gold deposit in the Red Lake district. The resource demonstrates grade continuity in both open pit and underground scenarios, reinforcing the strength of the mineralized system. Improved structural modelling has enhanced our understanding of plunge and ...