Renegade Exploration Limited Uncovers High-Grade Gold-Silver Assays at Nevada’s Broken Hills Project After Strategic USD150K Acquisition
Tuesday, July 1, 2025
at
9:42 am
Renegade Exploration Limited reports impressive high-grade silver and gold rock chip results from its Broken Hills Project in Nevada. The promising findings, alongside planned geological mapping and future drilling plans, hint at a significant exploration opportunity in a proven, mining-friendly region.
Renegade Exploration Limited has released detailed technical information on its Broken Hills Project in Nevada, outlining promising rock chip assay results and a comprehensive review of its sampling methodologies. The project, located on 67 unpatented mining claims on US federal land, has seen the collection of 114 rock chip samples from various outcrop zones between 2020 and 2021, with individual weights ranging from 0.5 to 2.4 kilograms. These samples, analyzed by a reputable Nevada laboratory using two-acid digestion and ICP-OES spectrometry (with selected high-grade silver assays re-assayed by fire assay), have revealed exceptional mineralisation. In some cases, assay values have recorded silver grades in excess of 1,000 g/t and gold values well above typical thresholds, confirming the potential for low-sulphidation epithermal gold-silver mineralisation within the project’s rhyolitic host rocks.
The announcement provides extensive technical details, including adherence to JORC Code 2012 requirements, and covers aspects such as sample collection, preparation, laboratory quality control, and data security. Although no drilling has been undertaken to date—with historical reverse circulation drilling conducted in 1985 by another operator—the company’s work to date includes meticulous field logging by geologists, the use of a standardized WGS 84/UTM Zone 11N grid system, and strict quality control measures. The firm has indicated plans for further geological mapping, targeted surface sampling, and geophysical surveys to better define areas for future reverse circulation drilling, reinforcing its commitment to establishing resource continuity and grade consistency.
Market sentiment appears mixed based on this technical disclosure. On the bullish side, the high-grade assay results, robust quality assurance protocols, and the strategic location in a historically prolific mining region are all positive signals that the exploration initiative has significant upside potential. These factors, combined with clear plans to advance the project through additional mapping and geophysical work, could generate growing investor interest as further exploration data is accumulated. Conversely, the absence of drilling results and the early-stage nature of the project may temper enthusiasm for some investors, as the inherent risks of exploration and uncertainty in resource delineation remain. Overall, while the technical indicators are encouraging, a cautious approach may be warranted until more definitive drill results and resource estimates become available.