Renegade Gold Inc. announced 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. 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, the Company's consolidated Red Lake land package would total approximately 100,150 ha.
Highlights. Expanded 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 up to 7.66 g/t Au and 2.06% Cu over 0.3 m2.
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.
