Renegade Exploration Limited advised all assays from the recent drilling campaign at the Lady Agnes Prospect have been returned, with best results: LARC22 - 001: 17m @ 0.68% Cu, 0.24g/t Au from 85m including; 8m @ 1.07% Cu, 0.36g/t Au from 87m 6m @ 0.39% Cu, 0.29g/t Au from 133m including; 2m @ 1.04% Cu, 0.90g/t Au from 137m LARC22 - 002: 30m @ 0.51% Cu, 0.06g/t Au from 118m including; 6m @ 1.22% Cu,0.14g/t Au from 123m 34m @ 0.66% Cu, 0.12g/t Au from 216m including;6m @ 1.43% Cu, 0.24g/t Au from 237m LARC22 - 003: 44m @ 0.54% Cu, 0.12g/t Au from 164m including; 4m @ 1.28% Cu, 0.16% Au from 200m Encouragingly, from analysing the assay results in-depth, the geology team made some observations and interpretations about Lady Agnes Prospect, including: There is significant sulphide mineralisation in the underlying system which are within broad envelopes, with clear evidence of higher-grade copper zones; and The broad zones of mineralisation are interpreted as being open to the south along the Eastern Creek Volcanic (ECV) contact, at depth and to the east of the ECV contact. To gain further insights, particularly in light of interpretations garnered from LARC22 - 003, Renegade has sent back the key 44m section from LARC22 - 0003, to the laboratory for further analysis on a 1m basis, as the initial work was done on 4m composite samples. The RC campaign was designed to test the extent of the near surface copper oxide mineralisation and a historical induced polarisation (IP) anomaly which included drilling the untested upper limits of the IP signature for sulphide mineralisation.

From the assays received it is evident there is significant sulphide mineralisation in the system within at least two broad good grade envelopes which include higher grade zones. Renegade is excited by the results received and interpret the zones of mineralisation as being open to the south along the Eastern Creek Volcanic contact, at depth and to the East of the contact zone as highlighted in the LARC22 -03 result.