Renegade Exploration Limited announced that it has received cultural heritage clearances for three drill pads and auger work at its North Isa Project, as the company explores the emerging potential of high-grade copper mineralisation at the Lady Agnes prospect near Mount Isa. Renegade is currently modelling last month's DHTEM survey at Lady Agnes to identify mineralised conductors within the significant sulphide system previously detected through geological and geophysical interpretations, and drilling. Lady Agnes is located 35km north of the globally significant Mt Isa Zn-Pb-Ag and Cu mines and only 17km north of Glencore's world-class George Fisher Zn-Pb-Ag mine.

Copper potential at Lady Agnes Prospect: Based on the recent drilling and the updated geological and geophysical interpretations, there is potential for further copper sulphide mineralisation at Lady Agnes. These new zones occur both within the current IP anomaly, and importantly, also beyond it. The recent geophysical program is being used to assist with the targeting for the next round of drilling at the North Isa Project.

In historical diamond drill-hole, LAG1, mineralisation commences from 273 m and intersects a broad zone of copper within a breccia style structure ­ one of the more common mineralisation hosts in this area. Renegade's drilling campaign was designed to test for sulphide mineralisation from circa 75m – 150m depth above the deeper big zone of mineralisation intersected by the MIM in LAG1 in the early 1980's. Previously announced drilling results at Lady Agnes include: LARC22-001 17m @ 0.68 % Cu, 0.24 g/t Au from 85m including, 8m @ 1.07 % Cu, 0.36 g/t Au from 87m; LARC22-002 30m @ 0.51 % Cu, 0.06 g/t Au from 118m including, 6m @ 1.22 % Cu, 0.14 g/t Au from 123m, 34m @ 0.66 % Cu, 0.12 g/t Au from 216m including, 6m @ 1.43 % Cu, 0.24 g/t Au from 237m; LARC22-003 44m @ 0.54 % Cu, 0.12 g/t Au from 164m including, 4m @ 1.28 % Cu, 0.16 g/t Au from 200m. Lady Agnes Prospect geology: The Lady Agnes Prospect is located at a flexure in the Paroo thrust which separates the Basement Eastern Creek Volcanics (ECV) and the Mt Isa Group sediments.

At surface, it is represented by extensive brecciation, silicification and visible malachite mineralisation present within the brecciated zones, and in cleavages which is sub-vertical, dipping 82 degrees to the north. Historical mining focused on higher-grade oxide resources while more recent work (1960's ­ 2000's) involved drilling and geophysics. Mt Isa Mining, in particular, drilled several deeper holes to test for larger ore bodies along the Western Fault ­ this included LAG1 which is adjacent to the Lady Agnes Mine.

The North Isa Project is located directly north of the George Fisher Mine, some 25km north of Mt Isa township and controls circa 20km of the Western Fault. The Western Fault and associated faults host the Lady Agnes Mine together with numerous other historical workings. The project straddles the thrust faulted Eastern Creek Volcanic and Mt Isa Group sediment boundary with several existing copper mineral occurrences.

This includes the Lady Agnes Mine which is located within an embayment along the faulted ECV/Mt Isa Group contact.