Renegade Exploration Limited · ASX:RNX
Renegade Exploration — Investor Presentation (October 2024)
24 slides from Renegade Exploration's investor presentation, October 2024
Slide 1: 2024 Programs Ramping Up: Tier 1 Target at Mongoose Deeps
Investor Update 2024 – Offside at the Tatts Club, Brisbane 2024 PROGRAMS RAMPING UP Tier 1 Target at Mongoose Deeps October 2024 ASX:RNX Executive Chairman Robert Kirtlan Exploration Manager Ed Fry
Slide 2: Important Notices
IMPORTANT NOTICES You must read the following notices before reading or making any use of this document or any information To the maximum extent permitted by law, Renegade does not accept responsibility or liability for any loss or damage contained in this document. By continuing to read, use or oth
Slide 3: Oscar Piastri Position (Pole) in Copper Rich North-West Queensland
OSCAR PIASTRI POSITION (POLE) IN COPPER RICH NORTH- WEST QUEENSLAND Home to several major world class mines and numerous tier two and three mines. Flagship Cloncurry Project • Excised from the Carpentaria Joint Venture and under Renegade control and operatorship¹. Mongoose Mongoose Deeps Prospect De
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Share price Market cap Shares on issue Options Top 20 ownership Top 50 ownership A$0.008 A$10.24m 1.28b Management Series A 70,000,000 @0.025 exp. 30/06/27 101,000,000 43% 65% As at 10 October 2024 As at 10 October 2024 As at 10 October 2024 @0.015 exp. 30/06/25 52-week range $0.0
Slide 5: Cloncurry Project
CLONCURRY PROJECT Copper for the EV Revolution ASX RNX 5
Slide 6: Mongoose IOCG Play - The Story So Far
Mongoose IOCG Play - The Story So Far…. August 23 – February 24 Reprocessing historic regional magnetic data CEI grant submission lodged for $300,000 April 24 CEI Grant Awarded for $330,000 Clearances completed for drilling 3D inversion modelling finished for 1,600m hole May - June 24 Drilling contr
Slide 7: A small sample of what we saw in the hole
A small sample of what we saw in the hole RMD001 massive pyrite, at 212m down hole July 2024 ASX:RNX RMD001 pyrite, calcite, chalcopyrite vein, at 1,342m down hole RMD001 massive pyrite, at 316m down hole RMD001, showing a shear zone with magnetite, biotite, red rock, chalcopyrite and pyrite, at 306
Slide 8: Mongoose Deeps Prospect
MONGOOSE DEEPS PROSPECT Forward Programs • Drone magnetic completed. • New targets added to Magazine and Tank. • 3D modelling underway. • Drilling targets from surface to 500m using RC substantially cheaper and funded. • Drilling to start ~18 Ocotber. ¹Refer ASX Release dated 19 September; New magne
Slide 9: Mongoose Deeps Prospect: Large anomalies
MONGOOSE DEEPS PROSPECT Tier 1 target Large anomalies¹ • Large regional magnetic anomaly • Large regional gravity anomaly • Significant copper-gold mines and deposits surround Cloncurry ¹Refer ASX Release dated 11 April 2024 Stunning Mongoose Deeps target nets $300,000 grant for drilling in May. Cop
Slide 10: Stunning Mongoose Deeps target drilled
MONGOOSE DEEPS PROSPECT Tier 1 target Stunning Mongoose Deeps target drilled (with $300,000 Queensland Government grant¹). • Drilling proves similarities to the world-class Ernest Henry Cu-Au mine, located 35km north- east of Cloncurry. • Possibly the primary mineralised zone sitting beneath the Mon
Slide 11: Mongoose Deeps Prospect: Magnetic anomaly in 3D
MONGOOSE DEEPS PROSPECT Tier 1 target Magnetic anomaly: in 3D Inferred magnetite rich breccia zone sitting beneath established copper and gold mines. 3D oblique view looking downwards towards the south-west. Copper for the EV Revolution ASX RNX 11 11
Slide 12: Magnetic anomaly in cross section
MONGOOSE DEEPS PROSPECT Tier 1 target Magnetic anomaly in cross section “Blind breccia pipe interpretation” Copper for the EV Revolution ASX RNX 12 12
Slide 13: Dense gravity survey
MONGOOSE DEEPS PROSPECT Tier 1 target Dense gravity survey similar to Ernest Henry – core directly overlaps magnetic anomaly core . 1 ¹Refer ASX Release dated 2 July 2024 Ernest Henry style IOCG discovered at Mongoose Deeps Copper for the EV Revolution ASX RNX 13 13
Slide 14: Mongoose Deposit
MONGOOSE DEPOSIT CJV: RNX 31% & 100% EPM28972 Along strike from Great Australia Mine and Taipan Deposit. • Inferred JORC resource¹ • 3.1Mt @ 0.55% Cu and 0.07g/t Au for • 17.0Kt of Cu and 7.3Koz of Au @ 0.25% Cu cut-off • Copper in ground value USD >150M (AUD 235M)2 • True North Copper discussions:
Slide 15: Mongoose Deposit: Stunning sulphide hits, excellent oxide results
MONGOOSE DEPOSIT Stunning sulphide hits, excellent oxide results1,2,3 RMG021 27m @ 2.2 % Cu, 0.35 g/t Au from 84m RMG019 74m @ 0.70 % Cu, 0.19 g/t Au from 68m RMG001 19m @ 1.0% Cu & 0.39g/t Au from surface RMG032 42m @ 0.79 % Cu, 0.17 g/t Au from 96m ¹ Refer ASX Release dated 8 May 2023 Up to 25% Cu
Slide 16: Mongoose Deposit: Resource model looking west
MONGOOSE DEPOSIT Resource model looking west Copper for the EV Revolution ASX RNX 16
Slide 17: Mongoose Prospect: Work plans (October – December)
MONGOOSE PROSPECT Work plans (October – December) Greater Mongoose • Drilling $ 350,000 Funding Sources • CEI QLD Govt Grant $ 330,000 • Cash @ 30 June 2024* $ 1,160,000 • Other Asset Sales in Progress * Last reported cash position Copper for the EV Revolution ASX RNX 17
Slide 18: Tommy Creek (CJV)
New prospect from within the CJV. Previous work and TOMMY CREEK (CJV) recent field programs high light significant prospectivity 30km west of Cloncurry for graphite, REE, uranium and copper¹ 01 Graphite High grade surface samples include: 24.7% TGC 15.2% TGC Prior drilling : 211m @ 11.1% TGC from 24
Slide 19: North Isa Project
NORTH ISA PROJECT 10km north of George Fisher Mine 01 Lady Agnes Mine • Potential for oxide and deeper sulphide target driven by prior IP work and interpretation of data • First pass drilling done with positive assays • Future IP and drilling to come 02 Tulloch Prospect • The classic “Horse’s Head”
Slide 20: Project Timeline
PROJECT TIMELINE Strong immediate news flow ahead Calendar year Q1 2024-25 Q2 2024-25 Q3 2024-25 Q4 2024-25 Q1 2025-26 Mongoose Drone Mag Survey 3D Modelling Mongoose drilling Carpentaria JV Continued work on CJV permits ? North Isa Tulloch – soil programs, geophysics Lady Agnes – geophysics, field
Slide 21: September 2024
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Slide 22: Strong Leadership
STRONG LEADERSHIP Our team has extensive experience in the mining and resources sector, including project acquisition, financing, exploration, development and construction. Robert Kirtlan Mark Connelly Mark Wallace Ed Fry Director Non-Executive Director Non-Executive Director Exploration Manager For
Slide 23: Competent Person and Geological Information
COMPETENT PERSON AND Announcement Title Maiden Mongoose Cu-Au mineral resource estimate at Cloncurry Project Date 12 December 2023 GEOLOGICAL INFORMATION The references in this announcement to Mineral Resource estimates were reported in accordance with Listing Rule 5.8 in the following announcement:
Slide 24: Get in touch and Follow the Copper!
Renegade Exploration Ltd Level 7, 333 Adelaide Street ABN 92 114 187 978 Brisbane Queensland 4000 ASX:RNX Get in touch and Follow the Copper! Robert Kirtlan Executive Chairman eNews info@renegadeexploration.com Join the conversation Follow us Subscribe to our e-news: https://twitter.com/Renegad http
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