Renegade Exploration (ASX:RNX) Expands Mineral Exploration Portfolio with Project Updates

Sonal Goyal

30 September 2026 06:20 PM AEST

Renegade Exploration (ASX:RNX) Expands Mineral Exploration Portfolio with Project Updates

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Renegade Exploration Limited (ASX:RNX, ABN 92 114 187 978), an ASX-listed mineral explorer with projects in Nevada USA, the Yukon Canada, and north-west Queensland, released its Annual Report for the year ended 30 June 2026. The company advanced multiple exploration projects during the year, including high-grade silver-gold results at the Broken Hills epithermal system in Nevada, a porphyry-copper signature identified at Caisson, and the first field program since 2002 at the Myschka project in the Yukon. The company also completed the divestment of its Carpentaria Joint Venture interests in Queensland for $2.88 million.

About Renegade Exploration

Renegade Exploration Limited (ASX:RNX) is an ASX-listed mineral explorer with a portfolio of advanced gold, silver, copper, zinc, and critical mineral projects across the Walker Lane trend in Nevada, the Yukon in Canada, and north-west Queensland. The company's strategy is to acquire overlooked exploration opportunities, advance them with targeted exploration, drill to define their potential, and monetise success through development, partnerships, sale, or joint venture. The company's registered office is in West Perth, Western Australia, and it is led by Chairman Robert Kirtlan.

FY26 Annual Report — Key Exploration Developments

In Nevada, field programs at the Broken Hills and Caisson projects strengthened the geological case for both systems. At Broken Hills, new rock-chip results of up to 1,013 g/t silver and 8.6 g/t gold extended the interpreted epithermal silver-gold system to exceed two kilometres in length. At Caisson, new sampling returned up to 50.8 g/t gold and 14.6 g/t silver, and porphyry-style copper-gold mineralisation was also identified. Historical data compilation, soil geochemistry, mapping, and geophysics were also undertaken at both projects.

Outside Nevada, Renegade secured exclusive exploration rights and an option to purchase the Rooster Hill Monazite Project in Wyoming, providing exposure to rare earth element mineralisation in an established United States Mining jurisdiction. In the Yukon, the first field program at the Myschka project since 2002 included mapping, rock-chip sampling, and helicopter-borne magnetic surveying. Results of up to 1,975 g/t silver, together with gold and antimony, and the identification of a large intrusion-related geological system have advanced Myschka to what the company describes as a compelling maiden drill target. A review of historical soil geochemistry at the Junction project also identified extensive gold-bismuth-tungsten and silver-zinc-antimony anomalism, providing a second district-scale exploration opportunity within Renegade's 305 km² Yukon landholding.

In Australia, the divestment of Renegade's interests in the Carpentaria Joint Venture and EPM 8588 to True North was completed for $2.88 million, returning Capital to the Business and allowing concentration on the company's North American exploration assets.

Industry Context

The Walker Lane trend in Nevada is one of the most prospective epithermal gold-silver belts in the Americas, hosting a number of significant historical and producing gold-silver mines. The Yukon territory of Canada has attracted increasing exploration interest given its track record of large-scale precious and base metals discoveries. Rare earth elements, including monazite as a source of REEs, have attracted significant attention from investors and governments as Western nations seek to diversify rare earth Supply chains away from China-dominated sources.

Risks and Uncertainties

Renegade's exploration results to date are reconnaissance-stage geochemical and geological data, and none of the company's projects have defined JORC Mineral Resources. The path from surface sampling results to a drillable target and then to an economic resource is long and uncertain. The company's North American Assets are subject to the regulatory and permitting requirements of the United States and Canada. Funding for upcoming drill programs will depend on the company's financial position and capital market conditions for junior explorers.

FAQs

Q: What were the best silver-gold results at Renegade's Nevada projects?

A: At Broken Hills, results of up to 1,013 g/t silver and 8.6 g/t gold were returned, while Caisson returned up to 50.8 g/t gold and 14.6 g/t silver.

Q: What is the Myschka project in the Yukon?

A: Myschka is a project in Renegade's 305 km² Yukon landholding where the first field program since 2002 returned up to 1,975 g/t silver alongside gold and antimony, identifying a large intrusion-related geological system.

Q: What was the Carpentaria divestment?

A: Renegade divested its interests in the Carpentaria Joint Venture and EPM 8588 in Queensland to True North for $2.88 million during FY26.

Q: What is the Rooster Hill Monazite Project?

A: Rooster Hill is a rare earth element project in Wyoming, USA, for which Renegade has secured exclusive exploration rights and an option to purchase, providing REE exposure in an established mining jurisdiction.

Q: What is Renegade Exploration's ASX ticker?

A: Renegade Exploration Limited trades on the Australian Securities Exchange under the ticker RNX.

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