Renegade Gold Inc. reported initial results from the first three drillholes at its advanced Newman Todd Deposit. All three drillholes successfully intercepted high-grade mineralization and have provided further evidence for deep-rooted high-grade structures, which remain open along strike and at depth. News Highlights: Hole NT-23-001 intersected 1.63 g/t Au over 34.1 m, including 8.35 g/t Au over 3.5 m. This confirms high-grade in the Hinge Fault corridor to a depth of 400 m below surface.

Hole NT-23-002 intersected 2.02 g/t Au over 41.5 m, including 5.00 g/t Au over 9.5 m and 3.62 g/t Au over 3.5 m, extending known mineralization more than 200 m below previous intercepts, to a depth of over 550 m below surface. Hole NT-23-003 intersected 2.33 g/t Au over 41.9 m, including 9.63 g/t Au over 7.4 m. This confirms high-grade mineralization along strike of the Hinge Fault corridor. The drilling completed to date supports previous bulk low-grade horizons as well as deep-rooted high-grade gold domains not previously modeled.

The first three holes were successful in intercepting the Hinge Fault corridor in the vicinity of the Hanging Wall (HW) contact of the Newman Todd zone, an area thought to contain the highest potential for continuous concentrations of high-grade gold mineralization at depth. New drilling supports an increased gold endowment for the project and provides confidence in high-grade targeting. Ongoing drill testing at Newman Todd will extend the Hinge Fault area at depth, as well as test other high priority areas on the property where previous drilling has been limited.

QA/QC: Drill core is logged and sampled at a secure core processing facility in Red Lake, Ontario. Core samples from the drill program are cut in half using a diamond cutting saw with half sent for assay at SGS Laboratories Ltd. in Red Lake, Ontario. The other half is secured and retained at a secure storage facility.

All samples are analyzed for gold using standard Fire Assay-AA techniques. Samples returning greater than 10.0 g/t gold are analyzed utilizing standard Fire Assay-Gravimetric methods. In addition to SGS internal QAQC procedures, certified reference materials, blanks and duplicates are routinely inserted into the sample stream as part of Renegades quality control/quality assurance program.

Results are monitored regularly for contamination and accuracy.