Myschka Prospect Yields Up to 1,975 g/t Silver and 0.826 g/t Gold Samples

Myschka Emerges as a New Gold Exploration Focus

Renegade Exploration Limited (ASX – RNX) has spotlighted its Myschka prospect within the Yukon Project in Canada as a compelling new target for gold exploration. Recent fieldwork combining rock chip sampling, geological mapping, and a helicopter-borne magnetic survey has revealed that Myschka shares key geochemical and geological traits with the region’s major Reduced Intrusion-Related Gold Systems (RIRGS). This positions Myschka as a promising candidate for further exploration in the prolific Tombstone Gold Belt.

The prospect’s location is notable, lying approximately 80 kilometres south of Snowline Gold Corp’s 7.9 million ounce gold Rogue Project and 120 kilometres southeast of Banyan Gold’s 7.7 million ounce AurMac deposit. These nearby deposits underscore the potential scale and significance of the Myschka discovery.

High-Grade Sampling Supports Prospectivity

Rock chip samples collected during 2025 have returned impressive grades, including silver concentrations as high as 1,975 grams per tonne and gold values up to 0.826 grams per tonne, alongside significant antimony content. These results align with the characteristic Au-Ag-Sb-As geochemical signature typical of RIRGS deposits in the Tintina Gold Province.

Geophysical data from the heli-magnetic survey revealed a substantial 3 by 2 kilometre magnetic anomaly, interpreted as a pyrrhotite alteration halo surrounding the Tombstone Suite granodiorite intrusion. This alteration pattern is consistent with controls on mineralisation observed in other major RIRGS deposits, further validating the exploration model applied at Myschka.

Planning for Maiden Drilling and Future Exploration

With these encouraging early results, Renegade is advancing plans for a maiden drilling program at Myschka scheduled for 2026. The company’s chairman, Robert Kirtlan, highlighted the robust pathway for funding and development, noting Canada’s supportive regulatory environment and the Yukon’s status as an exploration hotspot.

Alongside Myschka, Renegade’s Yukon Base Metal Project continues to hold a significant zinc-lead mineral resource, with a 2012 JORC-compliant estimate of over 12.5 million tonnes grading 5.3% zinc and 0.9% lead. The company sees potential to expand this resource, with mineralisation open at depth and along strike, and multiple undrilled soil geochemical anomalies identified.

Strategic Positioning in North American Mineral Provinces

Renegade’s portfolio extends beyond Canada, including substantial land holdings in Nevada and California’s Walker Lane trend, a world-class mineral province, as well as the Cloncurry Copper Project in Queensland, Australia. The Myschka discovery adds a significant new dimension to the company’s North American exploration strategy, potentially positioning it for a meaningful resource upgrade pending drilling outcomes.

While the current findings are based on surface sampling and geophysical surveys, the upcoming drilling campaign will be critical to confirming the extent and grade continuity of mineralisation at Myschka. Investors and analysts will be watching closely for assay results and any indications of resource delineation.