Renegade Gold Identifies New Priority Targets from Magnetic Survey at Confederation Project, Red Lake

About this update from Renegade Gold Inc.

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: RENGF) (FSE: 0700) ("Renegade" or the "Company") is pleased to report results from a 3,815 line-kilometre high-resolution UAV-borne magnetic survey at its Confederation Project in the Red Lake District of Ontario. The survey has defined a new district-scale structural corridor and identified multiple priority targets for follow-up exploration, including where historical drilling has already confirmed gold and silver mineralization.Highlights3,815 line-kilometre UAV-borne high-resolution magnetic survey completed on 50 metre spaced lines, producing one of the most detailed property-scale magnetic datasets assembled for the project areaNew high-priority target corridor defined along a district-scale structural trend spanning the Confederation ProjectMultiple northwest-southeast cross-cutting structures identified across the project in orientations consistent with D2 mineralizing trends at Great Bear, providing distinct drill targets for follow upSouthern targets include the Snake Falls Target, Feaver Gold Target, and Central Intrusive Complex, all situated along or adjacent to the newly defined priority corridorNorthern targets include the Copperlode Target and Arrow West Target, where cross-cutting structures intersect favourable geologySurvey results now informing follow-up field programs, including targeted till sampling, geochemical surveys, and drill target refinement across priority targets"This survey has given us a clear targeting framework across the Confederation Project," states Devin Pickell, CEO of Renegade. "We've identified a district-scale target corridor with cross-cutting structures in orientations consistent with mineralizing trends at Great Bear, and historical drilling has already returned gold and silver values in the southern area. Combined with our 809,000-ounce Rebel Gold Deposit, Confederation strengthens one of the largest exploration portfolios in the Red Lake District."Survey OverviewThe Company has recently completed a 3,815 line-kilometre UAV-borne magnetic survey flown on 50 metre spaced lines across a section of the newly consolidated Confederation Project land package. The survey has provided one of the most detailed modern property-scale magnetic datasets ever assembled for the project area (see Figure 1).Figure 1: Region...

View stock analysis, news, and events for Renegade Gold Inc.