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Last C$0.22 CAD
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As of 3:00 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

renaissance gold inc (REN) Snapshot

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07/23/14 - C$0.55
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renaissance gold inc (REN) Details

Renaissance Gold Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds interests in a portfolio of precious metal exploration projects primarily located in Nevada and Utah. The company was incorporated in 2010 and is headquartered in Reno, Nevada.

Founded in 2010

renaissance gold inc (REN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$64.2K
Executive Chairman
Total Annual Compensation: C$25.7K
Vice President of Exploration
Total Annual Compensation: C$64.2K
Compensation as of Fiscal Year 2014.

renaissance gold inc (REN) Key Developments

Renaissance Gold Inc. Announces Earn-in Agreement with Troymet Exploration Corp

On February 23rd, Renaissance Gold Inc. announced an earn-in agreement with TroyMet Exploration Corp. on the Wildcat project in Juab County, Utah. A minimum work commitment of $50,000 is to be spent with RenGold doing the work, however, it is anticipated that this amount will be exceeded. Planning is well in-hand for the upcoming field season and new field work is scheduled to begin in late May 2015. In addition, RenGold has received additional funds to move a grass roots property into the 'project' category under an existing agreement (October 24th, 2013) with Callinan Royalties Corporation. The funding is for a $112,000 work program this year to earn a 1.5% NSR in the project. Field work has commenced and will be followed by a gravity survey.

Renaissance Gold Announces Earn-In Agreement with Walmer Capital Corp. at its Golden Shears Gold-Silver Project, Nevada

Renaissance Gold Inc. announced the execution of an earn-in agreement with Walmer Capital Corp. on the Golden Shears Project in Clark County, Nevada. The project is located 45 km (28 miles) southwest of Las Vegas, Nevada in the Goodsprings Mining District. Upon execution of the Agreement, Walmer will pay RenGold $50,000, reimburse claim fees for the past year and fund an exploration and development program to be conducted initially by RenGold. Minimum work commitments on an annual basis are $200,000 for year 1, $300,000 for year 2, $400,000 for year 3, and $500,000 annually thereafter to year 7. Walmer and RenGold plan to work together to complete a Bankable Feasibility Study on or before the seventh anniversary of the execution of the Agreement, in which case Walmer will have the option to acquire a 70% interest in the project. The Golden Shears Project is a series of precious and base metal rich occurrences on the east side of the Goodsprings District, partially hosted in a shear zone and related to a string of shallow intrusions mostly interpreted through recent ground geophysics and mapping completed by RenGold. This zone is > 2.5 km (1.5 miles) in strike length. Sampling by RenGold on the property has yielded assays from below detection up to 5.1 % Zn, 2.62 % Pb, 4.3 % Cu, 937 ppm Ag, and 14.3 ppm Au. The Goodsprings Mining District is unusual for Nevada in that it includes Zn and Pb Mississippi Valley-type deposits, Cu sometimes associated with precious metals and platinum group elements, and gold + silver deposits associated with late (Triassic) porphyritic dikes.

Renaissance Gold Announces Exploration Results of Wood Hills South Project, Nevada

Renaissance Gold Inc. has received results from Newmont USA Limited on the Wood Hills South Project in the evolving Pequop Gold District, Elko County, Nevada. In 2014, Newmont collected 392 grid soils over shallow pediment, did detailed pediment morphology mapping and ran 13 line kms of CSAMT. With remaining funds, Newmont drilled 5 RC holes totaling 990 meters (3,247 feet). No reportable intercepts were encountered in this preliminary round of drilling. The Wood Hills South Project was an unbudgeted item and was run from money re-allocated from other projects. Newmont has elected to decline further exploration and the property is available for joint venture unencumbered by previous partners. Based on prior work, RenGold has demonstrated that the Pequop gold district likely extends into the southeast edge of the Wood Hills South gold project. As announced, February 6th, 2012, Hole WHS11-007 intersected an oxidized 10.7 meter (35 feet) interval from 83.8 to 94.5 meters down hole that averaged 0.40 g/t (0.013 opt) gold within an approximately 60 meters (197 feet) zone of anomalous Carlin-style pathfinder elements and gold. The project area covers a magnetically indicated northeast trending dike swarm similar in orientation to a dike swarm in the Pequops that appears associated with Carlin-type mineralization. This mineralization occurred prior to the basin and range extension that pulled the Wood Hills and the Pequops apart.


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