Renegade Exploration Uncovers Promising Gold-Silver Zones at Fireball Ridge, Nevada

Renegade Exploration has reported significant gold, silver, and copper rock chip assay results from its Fireball Ridge Project in Nevada, confirming the potential of multiple mineralised zones within the prolific Walker Lane Trend.

  • Significant gold, silver, and copper grades from 14 rock chip samples
  • Fireball Ridge lies within Nevada’s highly mineralised Walker Lane Trend
  • Project interpreted as a low-sulphidation epithermal gold-silver system
  • Historical workings and faults indicate strong structural controls on mineralisation
  • Further geological mapping and geophysics planned to define drilling targets
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Exploration Highlights at Fireball Ridge

Renegade Exploration Limited (ASX – RNX) has announced encouraging results from its 2025 rock chip sampling program at the Fireball Ridge Project in Nevada, USA. The samples returned notable grades of gold, silver, and copper, with highlights including 2.29 grams per tonne (g/t) gold and 12.8 g/t silver alongside 1.38% copper in one sample, and other samples showing gold grades above 3 g/t. These results affirm the company’s initial interest in the area and suggest multiple mineralised zones worthy of further investigation.

Strategic Location within the Walker Lane Trend

Fireball Ridge is situated within the renowned Walker Lane Trend, a prolific mineral belt in western Nevada known for hosting world-class epithermal gold-silver deposits such as the Rawhide Mine, which has produced nearly two million ounces of gold equivalent since 1990. Renegade’s other Nevada projects, Broken Hills and Caisson, also lie within this trend, underscoring the company’s strategic focus on a highly prospective region.

Geological Setting and Historical Context

The project area features a complex geological setting dominated by Miocene low-sulphidation epithermal systems, similar to the historic Comstock Lode mines near Reno, which produced over 8 million ounces of gold and 192 million ounces of silver. Mineralisation at Fireball Ridge is structurally controlled by major faults such as the Fireball Fault and the Nezelda Fault zone, with gold and silver hosted in gossanous quartz veins, jasperoid silicified sediments, and epithermal quartz veins. Historic workings dating back to the late 19th century, including the Nezelda Mine, provide further evidence of the area’s mineral potential.

Exploration Approach and Next Steps

The 2025 exploration program involved detailed mapping and collection of 14 rock chip samples across various prospects within the project area. While these point samples provide valuable initial data, Renegade acknowledges that they may not fully represent the broader mineralisation. No drilling has yet been undertaken, and historical exploration data is limited and unverifiable. Moving forward, the company plans to expand its geological mapping, surface sampling, and geophysical surveys to better define targets for reverse circulation drilling, aiming to establish continuity and scale of the mineralised zones.

Broader Portfolio and Market Context

Renegade’s Nevada landholdings now include three advanced gold-silver projects, positioning the company well within a globally significant mining jurisdiction. The recent surge in gold and silver prices adds further impetus to exploration efforts. Chairman Robert Kirtlan emphasised the company’s vision to capitalise on these opportunities, highlighting the proximity of Fireball Ridge to recent and historical discoveries as a key advantage.

Bottom Line?

Renegade’s Fireball Ridge results open a promising chapter in Nevada exploration, with drilling and resource definition the critical next steps.

Questions in the middle?

  • Will upcoming drilling confirm the continuity and scale of mineralisation at Fireball Ridge?
  • How might the Fireball Ridge project complement Renegade’s existing Nevada portfolio in terms of resource potential?
  • What are the timelines and capital requirements for advancing Fireball Ridge towards a resource estimate?