Target: Carlin-style Pan and Easy Junior equivalent targets. Soil anomalies on the crest of an antiform define the initial drill target.
Location: The Reef project is located in White Pine County, Nevada about 35 kilometers (22 miles) southeast of the town of Eureka on the southern extension of the Cortez Trend.
Ownership: Renaissance controls 100% of the unpatented mining claims which are administered by the BLM.
History: Historic exploration in the Reef area focused on surface exposures of the Joanna Limestone, a known host for Carlin-type gold mineralization at the former Easy Junior (Nighthawk Ridge) mine located approximately 8 kilometers (5 miles) to the southeast. Midway Gold Corp.'s Pan Gold Deposit mineralization lies to the north in rocks of the Pilot Shale and Devils Gate Limestone; these units also underlie the Reef area. Previous shallow reverse circulation drilling on the property stopped before testing these units.
Currently, Midway's Pan Gold Deposit is going into production in the 4th quarter of 2014. The proximity of this evolving project and infrastructure greatly increases the likelihood of economic success on Reef.
Geology: On the Reef property, the Mississippian-Devonian Pilot Shale, Mississippian Joanna Limestone, and Mississippian Chainman Shale lie in succession above the Devonian Devils Gate Limestone. The western part of the claim block covers the eastern margin of a Cretaceous quartz diorite stock that has intruded the Paleozoic sequence. Conglomerates and sandstone of the Mississippian Diamond Peak Formation overlie the Chainman and older units at the eastern edge of the claim block. Rhyolite dikes and sills cut the Paleozoic sequence locally within the claim block. Tertiary flows and tuffs cover parts of the eastern claim block.
Elevated gold, arsenic, antimony, and mercury in rock chip samples are associated with silicification and sanding of carbonate rocks the upper Devils Gate Limestone, the basal Pilot Shale and the Joanna Limestone.
Renaissance Gold Inc. is a gold/silver exploration company listed on the TSX under the symbol REN.
To learn more about this property and other joint venture opportunities, please contact Eric M. Struhsacker, Vice President Exploration at (775) 337-1545 or .
Google Earth view looking north along the Pancake Range