TSX.V: REN $0.32 OTCQB:RNSGF $0.24


TSX.V: REN $0.32 OTCQB:RNSGF $0.24

Cine Mountain

Target: Epithermal mineralization covered by clay-altered volcanics with no historic drilling targeting high grade epithermal veins or the Tertiary unconformity.

Status: Available for Joint Venture

Location: 16 kilometers (5 miles) northwest of the historic Tybo Mining District within the Hot Creek Range of Nye County, Nevada

History: Historic drilling was completed by Battle Mountain Gold Co. and later by Barrick Gold Corp. Drilling was mainly focused on targets related to jasperoid occurrences within the Paleozoic carbonates and along the margins of a porphyritic dike. Mining of the Tybo District, located approximately 5 miles southeast, took place in the 1870s with renewed exploration efforts most recently conducted by Newmont Mining.

Geology: The project area consists of a Paleozoic sequence of Devonian dolomites and limestones overlain by Mississippian sandstones and conglomerates. This package is locally folded with evidence of north and east directed thrusting. Two Oligocene volcanic units are juxtaposed against Paleozoic sediments by normal faulting: the Hot Creek Canyon tuff to the west and the Twin Peak tuff to the south. Felsic Tertiary dikes intrude northwest-trending faults.

Extensive silicification of Devonian sediments occurs throughout the property which has been chased by historic workers as Carlin-style mineralization.  The strongest stream sediment anomaly, as well as highest grade surface gold, occurs at a faulted contact between Paleozoic sediments and clay-altered Tertiary volcanics.  No historic drilling has tested for additional high grade veins in the volcanics, or for mineralization on the Tertiary unconformity.

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