Renegade Gold Reports High-Grade Mineralization and Visible Gold at Its Belanger Project, Confederation Belt, Red Lake, Ontario, Canada

Renegade Gold Inc. released surface channel sampling results from its 100%-owned Belanger project in the Red Lake District, Ontario, dated October 5, 2026. Channel sampling extended known high-grade mineralization more than 60 meters to the east along strike, confirming the system remains open in both directions.

Key channel results include: - BL_E_C1: 3.6m at 2.45 g/t Au, including 0.3m at 25.9 g/t Au. - BL_E_C3: 9.2m at 2.52 g/t Au, including 5.1m at 3.95 g/t Au. - BL_E_C4: 1.3m at 4.95 g/t Au, including 0.5m at 12.46 g/t Au. - BL_E_C5: 4.0m at 1.55 g/t Au, including 0.3m at 20.2 g/t Au.

Regional grab samples returned values up to 3.6 g/t Au, confirming two existing zones and identifying two new zones of mineralization. Mapping delineated east-trending chlorite-bearing shear zones with gold and copper assays up to 3.6 g/t Au and 1.59% Cu.

The company completed its 2026 Confederation field program at Belanger, BobJo, and the LP-Uchi corridor. Soil, till, and channel sampling at LP-Uchi and BobJo are complete, with assay results pending. This release serves as a direct follow-up to the June 16, 2026 mobilization announcement, validating the initial surface work and setting the stage for future drill targeting.

Renegade Gold Inc. (RAGE) released a standard exploration update following its previously announced summer field program. The high-grade surface results are geologically encouraging and confirm the Belanger system's continuity, though they do not represent a new discovery or a change in the company's financial trajectory.

The release does not trigger immediate capital raising or drilling commitments, nor does it alter the company's pre-revenue status. Market reaction is likely to be muted, consistent with historical patterns for incremental surface sampling updates at junior explorers. The primary impact is reinforcing the geological model for future drilling rather than providing near-term price catalysts.

Renegade Gold Inc. operates a district-scale exploration portfolio in Ontario's Red Lake Gold Rush district, recognized as one of the world's most prolific gold camps. The company controls approximately 100,150 hectares of land, encompassing the flagship Rebel Gold Deposit, the Sidace Joint Venture, and greenfield projects including Confederation, Gullrock, and Belanger.

The Rebel Gold Deposit is hosted within the Newman Todd structure and holds an established Mineral Resource Estimate of 809,000 ounces, comprising 370,000 ounces in the Indicated category and 439,000 ounces in the Inferred category. Drilling has confirmed mineralization beyond 700 meters in depth, with the company targeting a resource expansion to one million ounces.

The Sidace Project is a joint venture between Evolution Mining (53.3%) and Renegade Gold (46.7%) located along the Red Lake Greenstone Belt. The site features over 80,000 meters of historic drilling and high-grade intersections.

The company’s greenfield portfolio includes the Confederation project, which covers historic mines such as Grassett and South Bay, and the Gullrock project, situated along the Red Lake Mine trend. Additional holdings include newly acquired properties Belanger and BobJo.