TSX.V: REN $0.48 OTCQB:RNSGF $0.38


TSX.V: REN $0.48 OTCQB:RNSGF $0.38

Ghost Ranch

Target:  Carlin-type mineralization under shallow pediment southeast of Long Canyon along a regional gravity break which could represent the “Long Canyon Trend”

Status: Available for Joint Venture

Location: The Ghost Ranch property is located approximately 52 kilometers (16 miles) WSW of West Wendover  and 78 kilometers (24 miles) SW of the Long Canyon Mine in Elko County, Nevada.

History: This area has never been drilled for mineral exploration.

Geology: The Ghost Ranch project covers a large shallow (<300 foot) shelf of prospective Paleozoic carbonates across the valley from the 3 Moz Long Canyon gold deposit recently put into production by 2016 by Newmont.  To the southeast of Ghost Ranch a second gold occurence, the Morgan Pass prospect, looks very similar to Long Canyon (same host rocks, same alteration, same geochemistry) remains largely undrilled due to its land status included in a Wilderness Study Area.  Together Long Canyon and Morgan pass define a northwest “Long Canyon” trend which parallels the Carlin and Battle-Mountain Eureka trends and cuts directly through the Ghost Ranch prospect,  A gravity survey completed by Renaissance defines a large northwest trending structural break which helps define the trend, and lines up with mapped structures to the southeast.  In addition, several north to northeast trending breaks are recognized in the gravity data, which correspond closely with surface geochemical patterns, and mirror the local structural controls at Long Canyon.

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