January 17, 2019

Renaissance Gold Executes Two New Earn-in Agreements on Nevada Projects

Renaissance Gold Inc. (TSX.V: REN) (“RenGold” or the “Company”) is pleased to announce that it has signed definitive earn-in agreements with Hochschild Mining (US) Inc. (“Hochschild”), a wholly-owned  subsidiary of Hochschild Mining plc (LSE:HOC) on its Mars and Ferguson Mountain Projects. Upon  signing the definitive agreements, Hochschild paid the Company US$50,000. 

Robert Felder, President and CEO states “We are very pleased to have an experienced gold producer and  explorer like Hochschild as our partner on these two projects in Nevada. They recognize the excellent  discovery potential on these projects and we very much look forward to working with them going forward.  RenGold continues to maintain a very active exploration program throughout Nevada, and with the addition  of these two agreements, the Company currently has six active exploration agreements in Nevada funded  by five different partners.” 

Mars Project: Hochschild has the option to earn up to a 51% interest in the Mars Project by spending  US$5,000,000 over a five-year period, and making payments to the Company totaling US$300,000. In  addition, Hochschild must spend US$300,000 (committed expenditure) within 18 months of signing the  definitive agreement. Upon vesting, Hochschild has a one-time option to elect to earn an additional 19%  interest in the Mars Project by spending an additional US$5,000,000 by the ninth anniversary of the  definitive agreement.  

The Mars Project, Lincoln County, Nevada hosts a Carlin-type target in lower Paleozoic sedimentary rocks,  characterized by anomalous gold in soils, and extensive jasperoid alteration with rock chip assays up to 3.7  g/t Au. The gold system is exposed over a 4.5 km strike length and occurs peripheral to a Mesozoic intrusive  center. Historic work included three shallow drill programs which encountered multiple low-grade gold  intercepts, but tested the system to a depth of only 250 feet. The RenGold technical team re-mapped the  geology and alteration and conducted a detailed gravity survey, which facilitated the development of several  new structural and stratigraphic targets on the project.  

The Company recently entered into a lease-option agreement with a third party to acquire eleven additional  unpatented mining claims covering a historic mercury occurrence adjacent to and just south of the Mars  claim block. This mercury occurrence represents a higher level exposure of hydrothermal alteration and  potentially represents a cap over a gold system at depth. This target has similarities to the ground staked  by RenGold in 2015 on its Silicon Project now under option to Anglo Gold Ashanti NA in the Bare 

Mountains District in Nye County, Nevada where Anglo (see NR dated October 17, 2018), Corvus Gold  (TSX:KOR) and Coeur Mining (NYSE:CDE) are actively drilling. 

The third party lease agreement has a term of 10 years, includes annual lease payments which apply to a  buyout of the property for US$300,000. Upon buyout, the underlying Lessor’s interest converts to a 1.5%  NSR, of which 1% is purchasable for US$1,000,000. 

Ferguson Mountain: Hochschild has the option to earn up to a 51% interest in the Ferguson Mountain  Project by spending US$3,000,000 over a five-year period, and making payments to the Company totaling  US$300,000. In addition, Hochschild must spend US$200,000 (committed expenditure) within 18 months  of signing the definitive agreement. Upon vesting, Hochschild has a one-time option to elect to earn an  additional 19% interest in the Ferguson Mountain Project by spending an additional US$3,000,000 by the  ninth anniversary of the definitive agreement. 

The Ferguson Mountain Project, Elko County, Nevada hosts a Carlin-type target in Devonian and younger  carbonate host rocks. The RenGold technical team completed geologic mapping and soil and rock chip  sampling over the project area, which detected geochemical leakage up structure from target horizons at  depth. The targets are defined by the intersection of mapped high-angle mineralized structures and several  low-angle stratigraphic and structural horizons, including the top of the Devonian unconformity and other  horizons where structural and/or chemical ground preparation is likely to be well developed. 

Exploration Update 

Spruce East: Kinross has notified the Company of its termination of the Agreement (See NR dated May  15, 2017). The Company is assessing the remaining potential and marketability of the project. 

Related Company News 

Magna Terra Minerals (TSX.V:MTT) has announced the commencement and completion of drilling on  their Piedra Negra Project in the Santa Cruz Province, Argentina (See MTT news release dated December  5, 2018), and the closing of the first tranche of a private placement (See MTT news release dated December  31, 2018). They also announced that drilling has commenced at the Luna Roja Project (see MTT news  release dated January 14, 2019). RenGold holds a NSR royalty interest of not less than 1% nor greater than  3% on MTT’s Gertrudis, El Meridiano, Covadonga and La Rosita projects as well as the Piedra Negra and  Luna Roja (formerly named El Monte) Projects. 

About Hochschild Mining plc 

Hochschild Mining plc is a leading precious metals company listed on the London Stock  Exchange (LSE:HOC) with a primary focus on the exploration, mining, processing and sale of silver and  gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits  and currently operates four underground epithermal vein mines, three located in southern Peru and one in  southern Argentina. Hochschild also has numerous long-term projects throughout the Americas. 

About Renaissance Gold Inc. 

Renaissance Gold Inc. is a western US focused prospect generator utilizing a joint venture business model.  RenGold applies the extensive exploration experience and high-end technical skills of its founders and team  members to search for and acquire high quality precious metal exploration projects that are then offered for 

joint venture to industry partners who provide exploration funding. RenGold maintains a large portfolio of  gold and silver exploration properties and has entered into over 65 exploration agreements including those  as its predecessor, AuEx Ventures Inc., and those from Kinetic Gold. RenGold’s objective is to place its  projects into exploration agreements, testing as many drill targets as possible and providing maximum  exposure to success through discovery.  

Qualified Person 

All technical data disclosed in this press release has been verified by RenGold’s Qualified Person, Robert  Felder, M.Sc. and Certified Professional Geologist as recognized by the American Institute of Professional  Geologists (AIPG). 

By: Robert Felder, President & CEO 

For further information, contact: 

Robert Felder 775-337-1545 or  

Ronald Parratt 775-337-1545 or  

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the  policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

This news release contains certain statements that may be deemed “forward-looking” statements. Forward  looking statements are statements that are not historical facts and are generally, but not always, identified  by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”,  “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or  “should” occur. Although Renaissance Gold Inc. believes the expectations expressed in such forward 

looking statements are based on reasonable assumptions, such statements are not guarantees of future  performance and actual results may differ materially from those in forward looking statements. Forward  looking statements are based on the beliefs, estimates and opinions of Renaissance Gold Inc’s management  on the date the statements are made. Except as required by law, Renaissance Gold Inc. undertakes no  obligation to update these forward-looking statements in the event that management’s beliefs, estimates or  opinions, or other factors, should change.

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