Renaissance Gold Drilling Results Spruce Mountain Base Metal-Go

 
FSC / Press Release 
Renaissance Gold Drilling Results Spruce Mountain Base Metal-Gold Project, Elko
County, Nevada 
White Rock, British Columbia CANADA, April 08, 2013 /FSC/ - Renaissance Gold
Inc. (REN - TSX), ("RenGold") is pleased to announce drill results from its 2012
drill program at the Spruce Mountain exploration project, eastern Elko County,
Nevada. The drilling program at Spruce Mountain was funded by Summit Mining
Exploration, Inc., ("Summit") a US subsidiary of Sumitomo Corporation  in the
second year of an earn-in agreement. 
A robust intercept in RSM-22 of 189.5 feet of 0.06% Mo offsets and validates
historical drill results in the Sprucemont area and presents several
possibilities for additional drill targets. In addition, the 2012 drilling
intersected intervals of Carlin-style alteration and chemistry in carbonate host
rocks located northwest of Sprucemont. Several targets remain for further
consideration and work is in progress to assess the merits of the recognized
targets and to develop a drilling program for 2013 
Spruce Mountain Drilling Results 
RenGold completed thirteen drill holes totaling 15,057 feet (4,589 meters) of
drilling at Spruce Mountain in late 2012.  The drilling program included 3,105
feet (946 meters) of mud rotary, 5,087 feet (1,551 meters) of core, and 6,865
feet (2,092 meters) of reverse circulation drilling.  Drilling tested multiple
targets including 8 holes in 3 zones along a 4.5 mile fault-controlled intrusive
corridor striking northeastward from the town site of Sprucemont at the range
front. An additional 5 holes were drilled in an area of peripheral Ag-Pb-Zn and
Carlin-style Au mineralization northwest of the intrusive corridor. These holes
tested extensions of targets detected with an 11 hole reverse circulation
drilling program in 2011. The drilling intercepted multiple intrusions
associated with base and precious metal mineralization under alluvial cover
expanding the known extent of the intrusive systems along the range front.  Core
hole RSM-22, collared northeast of Sprucemont, intersected porphyry-style
molybdenum mineralization including 189.5 feet (57.8 meters) of 0.06% Mo from
329.5-519 feet (100.4 - 158.2 meters). Other holes drilled northwest of the
porphyry intercepted multiple intervals of highly anomalous polymetallic
mineralization including, in RSM-15, 25 feet (7.6 meters) of 20 g/t Ag and 0.23%
Cu from 1050 to 1075 feet (320 -327.7 meters) within a 195 foot (59.4 meter)
interval of 0.28% Zn. RSM-24 intersected an outlying part of the Mo system
shallow in the hole and, at greater depth, a part of the gold system, seen
nearby in 2011 drilling by RenGold and in historic drilling. 
Table 1 below lists intercepts obtained in the 2012 drill program. 
-***- 
---------------------------------------------------------------
Hole   From   To   Thickness Au g/t Ag g/t Cu % Pb % Zn % Mo %
--------------------------------------------------------------- 
Feet  Feet    Feet    >0.100  >17   >0.1 >0.1 >0.1 >0.03
---------------------------------------------------------------
RSM-15 1050  1075     25       -      20   0.23  -   0.3    -
---------------------------------------------------------------
RSM-15 1050  1245     195      -      -     -    -   0.28   -
---------------------------------------------------------------
RSM-16  25    30       5       -      -     -    -   3.77   -
---------------------------------------------------------------
RSM-16  795   830     35       -      -     -    -   0.4    -
---------------------------------------------------------------
RSM-19  578   589     11       -      -     -    -    -   0.07
---------------------------------------------------------------
RSM-21  90    105     15       -      28    -    -   0.43   -
---------------------------------------------------------------
RSM-21  515   525     10       -      -     -   0.53 0.76   -
---------------------------------------------------------------
RSM-21  535   545     10       -      52    -    -    -     -
---------------------------------------------------------------
RSM-22 329.5  519    189.5     -      -     -    -    -    0.06
---------------------------------------------------------------
RSM-22 247.5 316.5    69       -      -     -    -   0.18   -
---------------------------------------------------------------
RSM-23  10    25      15       -      -     -   0.33 0.24   -
---------------------------------------------------------------
RSM-24  260   275     15       -      -     -    -    -    0.08
---------------------------------------------------------------
RSM-24  615   625     10     0.438    -     -    -    -     -
--------------------------------------------------------------- 
-****- 
Table 1. Table of significant intercepts from 2012 drilling.  Cutoff values
listed in top row.  Intervals may contain internal dilution. Drill data density
is insufficient to estimate true thickness of the mineralized intervals listed
above. 
Richard Bedell President and CEO of RenGold comments: "The Spruce Mountain
Project is a complex multi-phase system with different ages and the drill
results are encouraging, particularly RSM-22 with 189.5 feet of 0.06 Mo%. The
nearby Mount Hope porphyry molybdenum deposit has similar grades and this hole
would certainly fall into an open pit at Mount Hope. Importantly recent zircon
age dates define this porphyry as Eocene in age, the same as Mount Hope. We are
looking forward to another season of drilling to advance this property." 
Inspectorate America Corporation in Sparks, Nevada performed gold analyses by
fire assay and ICP analysis for 50 additional elements utilizing a 4 acid
digestion. All drill samples were collected following standard industry
practice.  Molybdenum intercepts were rerun and verified by ALS Minerals in
Vancouver. QA/QC included the insertion of numerous standards and blanks into
the sample stream. 
Qualified Person 
All data disclosed in this press release, including sampling, analytical and
test data, have been reviewed by the Company's qualified person Mr. Eric M.
Struhsacker, M.Sc., and Certified Professional Geologist as recognized by the
American Institute of Professional Geologists. 
About Renaissance Gold Inc. 
Renaissance Gold Inc. is a gold/silver exploration company that has a large
portfolio of exploration projects in Nevada, Utah, Argentina and Spain. Many of
the projects are in exploration earn-in agreements with industry partners who
provide exploration funding. RenGold applies the extensive exploration
experience and high-end technical skills of its founders and team members to
search for and acquire new precious metal exploration projects that are then
offered for joint venture. 
Renaissance Gold Inc. 
By: Richard L. Bedell, President and CEO 
For further information, contact: 
Richard L. Bedell,
775-337-1545 or
rbedell@rengold.com 
or 
Eric Struhsacker,
775-337-1545 or
estruhsacker@rengold.com 
This news release contains certain statements that may be deemed
"forward-looking" statements. Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur.  Although Renaissance Gold
Inc. believes the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs,
estimates and opinions of Renaissance Gold Inc's management on the date the
statements are made. Except as required by law, Renaissance Gold Inc. undertakes
no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change. 
To view this press release as a PDF, please click on the following link:
http://www.usetdas.com/pr/renaissancePR04082013.pdf 
Source: Renaissance Gold Inc. (TSX: REN)  http://www.rengold.com
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-0- Apr/08/2013 11:00 GMT
 
 
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