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May 1, 2018

Renaissance Gold Drilling Update

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Renaissance Gold Inc. TSX.V:REN (“RenGold” or the “Company”) expects exploration drilling programs  on at least seven of its partner funded projects during 2018. Some of that drilling is ongoing and other  programs are planned for later in the year. The following is an update on two of these projects already  underway. 

South Roberts Project 

S2 Resources (see NR dated July 31, 2017) has notified the Company of the commencement of core drilling  on the South Roberts Project, Eureka County, Nevada. A recently completed CSAMT survey and an infill  soil geochemistry program have significantly strengthened the drill targets on the project, located on the  prolific Battle Mountain-Eureka Trend of world class gold deposits. Figure 1 shows a geologic cross  section constructed from drill hole information, and a new CSAMT pseudosection from the same area. The  CSAMT lends strong support to the geologic model, and indicates a resistivity response interpreted to  represent an upthrown anticlinal block of favorable lower plate carbonate rocks. The target lies at the crest  of the anticline and in a very favorable geochemical setting.  

                                                           Target Position 

  

Figure 1: Geologic cross section and CSAMT pseudosection, Line 2

  

Figure 2 shows the gold and arsenic and results from the recently completed 200m enzyme leach soil  geochemistry survey. Detailed in-house interpretation of the soils data indicate robust Carlin-suite  responses broadly coincident  with the anticline.  

Two initial core holes are planned to depths of ~400 meters to test multiple target horizons located in the  axial zone of this anticline, as follows: 

• The contact between the Mississippian Webb Formation and the Devonian Devils Gate  Limestone (host to the Rain and Afgan deposits) 

• The upper part of the Devonian Denay Limestone (host to the Gold Bar, Gold Canyon and  Goldstone deposits) 

• Subject to depth, the Devonian McColley Canyon Formation (host to Gold Pick and Gold Ridge  deposits). 

Figure 2: Enzyme Leach soil geochemistry plots showing Au and As responses and location of   CSAMT lines

Silicon Project 

AngloGold Ashanti is drilling the Silicon Project and they have reported the completion of three core  holes, totaling 1145 meters, of a planned program to complete approximately 3000 meters. Detailed  geologic mapping and a gridded soil program is underway over the existing claim block, to identify  further drill target opportunities. Silicon is located in the Bare Mountains mining district, Nye County,  Nevada and contains extensive exposures characteristic of the upper portions of a low-sulfidation, epithermal gold system. The project is near Corvus Gold Inc’s (TSX.V:KOR) North Bullfrog and Mother  Lode Projects, and Northern Empire Resources’ (TSX.V:NM) Sterling Mine, where both companies are  active and reporting good drill results. 

Robert Felder, President & CEO states, “We are very excited to begin drilling on the South Roberts  targets. The recently generated results provide a lot of encouragement on an already very strong target in  a very prospective location on a major gold trend in Nevada. We are also very pleased to see the progress  being made by AngloGold at Silicon and will report drill results as they become available. This is an  exciting year for RenGold, with seven planned drill programs all representing opportunities to produce  significant results for shareholders” 

About Renaissance Gold Inc. 

Renaissance Gold Inc. is a western US focused prospect generator utilizing a joint venture business model.  RenGold applies the extensive exploration experience and high-end technical skills of its founders and team  members to search for and acquire high quality precious metal exploration projects that are then offered for  joint venture to industry partners who provide exploration funding. RenGold maintains a large portfolio of  gold and silver exploration properties and has entered into over 60 exploration agreements including those  as AuEx. On May 29, 2017, the Company acquired Kinetic Gold Corp. and its subsidiaries which hold  various exploration properties located in Nevada. RenGold’s objective is to consistently place its projects  into exploration agreements, testing as many drill targets as possible and providing maximum exposure to  success through discovery.  

By: Robert Felder, President & CEO 

For further information, contact: 

Robert Felder 775-337-1545 or bfelder@rengold.com 

Ronald Parratt 775-337-1545 or rparratt@rengold.com 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the  policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

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


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Headquarters
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Vancouver, BC
Canada V6B 1L8
Investor Relations
(604) 248-8648
info@orogenroyalties.com
© 2021 Orogen Royalties
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