Yukon Project’s Myschka Prospect Yields +1% Antimony and Multi-Metal Soil Anomaly
Renegade Exploration Limited has identified a significant high-grade antimony-gold-silver anomaly at its Myschka Prospect within the Yukon Project, Canada, highlighting critical defence metals and promising exploration potential.
- Discovery of major antimony-gold-silver target at Myschka Prospect
- High-grade rock samples with over 1% antimony and notable gold and silver grades
- Large soil anomaly extending over 2km with elevated antimony, gold, and silver
- Myschka located near Andrew Zn-Pb-Ag-Ge-Ga deposit and Snowline’s multi-million ounce gold discovery
- Prospect remains undrilled with planned fieldwork and sample re-testing in 2025
Discovery Context and Significance
Renegade Exploration Limited (ASX: RNX) has announced a compelling new high-grade antimony-gold-silver prospect at its Myschka site, part of the broader Yukon Project in Canada. This discovery emerges from a detailed historical data review, revealing a substantial critical metals anomaly that had been overlooked during earlier exploration phases due to the proximity of the Andrew Zn-Pb-Ag-Ge-Ga deposit.
Antimony, a critical defence metal used in munitions and semiconductors, has gained strategic importance amid recent export restrictions by China, the world’s dominant producer. Renegade’s identification of significant antimony concentrations alongside gold and silver positions the Myschka prospect as a potentially valuable asset within the global critical minerals landscape.
Geological and Regional Setting
The Myschka prospect is situated within the Tintina Gold Belt, a prolific mineralized corridor extending from central Alaska through Yukon to British Columbia. The prospect features a mid-Cretaceous quartz diorite intrusion, similar in age and style to the nearby Snowline Gold Corp’s Valley Deposit, a recent multi-million-ounce gold discovery. This geological parallel raises the prospect of an intrusion-related gold system (IRGS) at Myschka, supported by strong arsenic, gold, antimony, silver, lead, bismuth, and zinc elemental anomalies.
Rock sampling at Myschka has returned impressive grades, including samples exceeding 1% antimony, over 1 g/t gold, and hundreds of grams per tonne of silver. Soil geochemistry further delineates a large anomaly extending more than 2 kilometers, with spot highs of 0.09% antimony, 0.26 g/t gold, and 65 g/t silver. Despite these promising indicators, Myschka remains undrilled, underscoring the early-stage nature of the prospect.
Strategic Implications and Next Steps
Renegade’s chairman, Robert Kirtlan, highlighted the strategic value of uncovering additional critical defence metals at Yukon, especially as neighbouring companies like Fireweed Metals attract government-backed investments for critical mineral development. The company plans to conduct on-site investigations, re-test historic samples, and initiate fieldwork in the upcoming Yukon exploration season starting April-May 2025.
Renegade’s Yukon Base Metal Project already hosts a JORC-compliant resource of over 12 million tonnes of zinc-lead mineralisation, and the addition of high-grade antimony-gold-silver targets could significantly enhance the project’s value proposition. The proximity to established deposits and recent discoveries in the region further supports the potential for a multi-commodity mining hub.
While the discovery is promising, the lack of drilling means that the full extent and economic viability of the Myschka mineralisation remain to be determined. Renegade’s forthcoming exploration activities will be critical in validating the prospect’s potential and informing future development strategies.
Bottom Line?
Myschka’s high-grade critical metals anomaly sets the stage for Renegade’s next exploration chapter in Yukon.
Questions in the middle?
- What will initial drilling reveal about the size and continuity of the Myschka mineralisation?
- How might rising antimony prices and supply constraints impact Renegade’s project economics?
- Could Myschka’s mineralisation extend to form a larger multi-metal system akin to nearby deposits?