Northwire Canada EditionSaturday, September 19, 2026
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GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Drill Results Routine +

Renegade Gold Identifies New Priority Targets from Magnetic Survey at Confederation Project, Red Lake

Renegade Gold Targets District-Scale Corridor at Confederation as Shares Consolidate Below March Highs

By The Northwire Desk — AI Analysis May 19, 2026 · 07:21 RAGE · 0.46 Renegade Gold Inc.
Executive Summary
  • Renegade Gold completed a 3,815 line-kilometre high-resolution UAV-borne magnetic survey at the Confederation Project in Ontario's Red Lake District.
  • The survey identified a new district-scale structural corridor and multiple high-priority exploration targets including Snake Falls, Feaver Gold, Central Intrusive Complex, Copperlode, and Arrow West.
  • Historical drilling in the southwestern portion of the corridor previously returned 3.90 g/t Au and 200 g/t Ag over 0.5 metres (hole BL96-4).
  • Planned follow-up programs include till suitability mapping, Mobile Metal Ion (MMI) surveys, and refinement of drill targets for future testing.
  • CEO Devin Pickell stated the survey provides a clear targeting framework consistent with mineralizing trends at Great Bear Project.
Material Impact
  • The news is positive but expected given the strategic land acquisitions announced in February 2026 (Belanger Property) and the exploration update from January 2026.
  • Identifying targets via magnetic survey does not constitute a resource definition or discovery; it validates the geological model rather than confirming economic mineralization.
  • The announcement reinforces the company's "greenfield discovery strategy" but lacks immediate financial impact (no financing, no resource upgrade).
  • Compared to the Material - Positive announcements in February regarding the 809k oz Rebel Gold Deposit and land expansion, this update is incremental exploration progress.
  • No new capital raised or debt settled; therefore, dilution risk remains unchanged from previous issuances.
RAGE · Price
Company Overview
  • Flagship Project: Rebel Gold Deposit (Red Lake District, Ontario).
  • Resource Estimate: 809,000 ounces total gold (370k oz Indicated + 439k oz Inferred) as of February 2026.
  • Goal: Expand resource to a one-million-ounce benchmark via ongoing drilling (>700m depth confirmed).
  • Land Package: Consolidated area exceeds 100,000 hectares (approx. 1,380 km²) in the Red Lake Mining District.
  • Projects: Includes Confederation Project, Newman Todd Project, Sidace Project (JV with Evolution Mining), and Gullrock Target.
Read the original news release →

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M&A / Property