Renegade Exploration Limited has completed a reverse circulation (RC) drilling campaign comprising up to ~2,000m over 23 holes at the Mongoose Copper-Gold Project near Cloncurry. Mongoose is a primary target given significant historical copper-gold drill intercepts and its location along strike from the neighbouring Paddock Lode Mine and Taipan Deposit. Recent rock sampling has also confirmed the presence of significant copper-gold mineralisation within multiple gossanous zones.

Mongoose is hosted by dolerite-gabbro-porphyritic basalts of the Toole Creek Formation. The mineralised zone is dominated by magnetite-actinolite-albite-chlorite altered, sheared and brecciated dolerites. The mineralisation is both primary and supergene in nature.

The supergene zone is defined by the presence of malachite, chrysocolla, chalcocite, and cuprite. The fresh, primary (hypogene) copper mineralisation is defined by chalcopyrite with accessory pyrite. The work completed by the CJV during the early 2010's delineated an extensive coincident magnetic-chargeable anomaly.

Based on the coincident anomalies, CJV completed 3,988.1 m of reverse circulation (RC) and diamond drilling over 21 drill holes during 2013/2014. This drilling is exclusively orientated towards the south and has intercepted large zones of Cu-Au mineralisation: 44 m @ 1.7 % Cu & 0.17 g/t Au from 2 m (MGX009). 11 m @ 1.2 % Cu & 0.31 g/t Au from 20 m (MGX019).

6 m @ 1.0 % Cu & 0.34 g/t Au from 98 m (MGX017). 15 m @ 1.6 % Cu & 0.32 g/t Au from 174 m (MGX002). 10 m @ 0.95 % Cu & 0.12 g/t Au from 8 m (MGX011).

28 m @ 0.66 % Cu % 0.067 g/t Au from 105 m (MGX010). Recent work completed by Renegade has consisted of field geological mapping, rock sampling, and drilling preparation. The rock sampling returned significant copper-gold results including: 15.6 % Cu & 0.52 g/t Au.

8.81 % Cu & 4.12 g/t Au. 1.81 % Cu & 0.21 g/t Au. 1.87 % Cu & 1.98 g/t Au.

1.04 % Cu & 1.95 g/t Au. 2.88 % Cu & 0.1 g/t Au.