Commencement Of Drilling At Ferguson Mountain Project 

VANCOUVER, BC - Renaissance Gold Inc. reported the commencement of drilling on its Ferguson Mountain Project, under an earn-in agreement with Hochschild Mining plc and its Fat Lizard Project, under an earn-in agreement with OceanaGold Corp.

Robert Felder, President and CEO said, “We are excited to continue our 2019 drilling campaign in Nevada with new partners and new targets that have never been drilled. Following the drill program recently completed by AngloGold Ashanti on our Silicon Project, these are the second and third of an anticipated eight projects to be drilled this year, continuing RenGold’s significant exposure to upside success through our portfolio approach to exploration.” The Ferguson Mountain project, Elko County, Nevada is a Carlin-type gold target on a northwest trend of gold occurrences. Geologic mapping, soil and rock chip geochemical sampling and a recent CSAMT survey have refined the understanding of the structural architecture on the Ferguson Mountain project and a 5-hole, 1525 meter reverse circulation program is underway. The initial drill program will test several targets associated with mapped mineralized structures and newly recognized structures interpreted from the CSAMT and their potential intersection with favorable stratigraphic horizons at depth. Target generation work conducted by RenGold and OceanaGold consisted of geologic mapping, geochemical sampling and a gravity survey. Mapping and sampling has documented the presence of silicified ridges and hydrothermal breccias containing anomalous gold (up to 0.5 g/t) and trace elements (Sb, Te, As, Hg). In addition, observations of alteration and vein textures further support the interpretation of a high-level exposure of a low-sulfidation epithermal system with the potential to host high-grade veins associated with boiling horizons at depth. The current drilling program will test the deeper portions of the system with 1240 meters in 3 core holes. The company’s address is 4750 Longley Lane, Suite 106, Reno, NV 89502, (775) 337-1545, hwww.rengold.com.