Gold/Silver Sample Results from El Monte Project

WHITE ROCK, BC – Renaissance Gold Inc. reported that reconnaissance field work conducted by RenGold and its joint venture partner Agnico-Eagle has led to the discovery of precious metal mineralization in an area with no previous exploration cateos or concessions. The area, named the El Monte Project, comprises a 10,000-hectare land package located approximately 50 km south of the city of Pico Truncado in Santa Cruz Province, Argentina.

Initial reconnaissance geological mapping and rock chip sampling has identified volcanic-hosted, low-sulfidation-style gold-silver mineralization in five separate zones on the property: the Luna Roja, Llambda, Alpha, Omega, and Cae el Sol prospects. Of these, the Luna Roja area is the most advanced in terms of exploration work, with the recent completion of geologic mapping, rock chip sampling, an induced polarization (IP) survey, trench channel sampling, and a soil survey.

At Luna Roja, gold and silver-bearing stockwork veins, silicified zones, and breccias occur within and along the margins of a rhyolite dome complex. The veins and breccias contain coxcomb quartz with iron oxides and/or pyrite, and adjacent wall rocks have been argillized, silicified, and k-feldspathized. Surface rock chip samples have yielded assays of up to 12 g/t Au and 630 g/t Ag along the margin of the rhyolite dome at Luna Roja, and visible silver chlorides, acanthite, and native gold have been observed at several locations.

Seven trenches (almost 4 km in total length of all trenching) at Luna Roja have focused on a NNW-striking fault zone (the Via Lactea fault) along western margin of the dome complex. The best results were obtained from southernmost trenches 2 and 1, which are east-west trenches located 150 meters apart along the NNW-striking mineralized zone. These trenches respectively yielded 55 meters of 0.41 g/t Au and 13 g/t Ag, and 35 meters of 0.09 gpt Au and 7.5 g/t Ag . Samples are all contiguous and 1 to 5 m in length based on geology.

The company’s address is 4700 Longley Lane, Suite 106, Reno, NV 89502, 775-337-1545.