June 20, 2019

Renaissance Gold Exploration Update: Positioned for Success

Renaissance Gold Inc. (TSX.V:REN / OTCQB:RNSGF) (“RenGold” or the “Company”) is pleased to  provide an update on exploration and drilling plans on partner funded projects for the current field season.  The Company has yet another season of aggressive exploration underway with eight projects in exploration  earn-in or option agreements.  

Robert Felder, President and CEO states “The Company is currently in a strong financial position and  anticipates another year of significant partner funded exploration and drilling. Following our recently  closed private placement with Altius Minerals (see NR dated May 1, 2019), and the recent payment received  from AngloGold Ashanti to maintain their option on the Silicon Project (see NR dated May 29, 2019), we  are well positioned to be able to carry out exploration programs for the next two to three years without the  need for additional financing. RenGold occupies a unique niche in this jurisdiction in terms of levels of  activity, partner funding and history of successes, and we are proud to be the premier prospect generator in  Nevada.”  

Partner Funded Projects 

A project location map is shown in Figure 1 below. 

Mars Project, Lincoln Co., Nevada (in earn-in agreement with Hochschild Mining plc) 

RenGold is the operator of the Mars Project and has recently completed a 746-sample soil geochemical  survey covering several target areas. The samples have been submitted to ALS Geochemistry for gold plus  trace element analysis and results are expected in late June. Additional geologic mapping is ongoing and  an IP geophysical survey is planned for later this month. The geologic mapping will be used in conjunction  with the new geochemical and geophysical data to further refine drill targets. A 2400-meter reverse  circulation drilling program is scheduled to commence in late Q3.  

Ferguson Mountain Project, Elko Co., Nevada (in earn-in agreement with Hochschild Mining plc) 

RenGold is the operator of the Ferguson Mountain Project and has recently completed a CSAMT  geophysical survey on the project. The CSAMT has been integrated into the geologic model and has  defined some new structural targets which will be tested with a 1500-meter reverse circulation drill program  to begin in early Q3. 

Spring Peak Project, Mineral Co., NV (in earn-in agreement with OceanaGold Corp.) 

OceanaGold is the operator of the Spring Peak Project and is planning a 4-hole, 2000-meter oriented core  drilling program for Q3. Oceana has planned a 465 soil sample program paired with a CSAMT survey.  These new data will be interpreted with additional geologic mapping and rock chip sampling to refine the  current drill targets. A permit application (Plan of Operations) has been submitted to the U.S. Forest  Service. 

Fat Lizard Project, Nye Co., Nevada (in earn-in agreement with OceanaGold Corp.) 

OceanaGold is planning a 3-hole, 1240-meter oriented core drilling program to begin in late June, which  will be the first drill program ever on the Fat Lizard Project. Geologic mapping, additional rock-chip  sampling and a gravity geophysical survey have been recently completed, and drill permitting is underway.  

Jake Creek Project, Humboldt Co., Nevada (in earn-in agreement with Ginguro Gold Pty. Ltd.) 

Ginguro is the operator of the Jake Creek Project and has recently completed a 1000-sample ionic leach  soil geochemistry survey, defining significant NE trends which, interpreted with the existing geophysical  data, provide compelling drill targets. Ginguro is planning a program of drilling, scheduled to begin in the  Fall. 

Ecru Project, Lander Co., Nevada (in earn-in agreement with S2 Resources Ltd.) 

S2 is the operator of the project, and following drilling in 2018 (see NR dated February 19, 2018), has  submitted a suite of samples for biostratigraphic (fossil) dating, which will be used along with drill data to  refine understanding of the structural and stratigraphic framework on the project. This work will be further  integrated with a planned airborne magnetic geophysical survey to determine the possible presence of  buried intrusive bodies which could support targets analogous to Barrick’s adjacent Robertson project (See  Coral Gold NRs dated February 20 and May 22, 2019). Subject to the satisfactory completion and outcomes  of the magnetic survey and receipt of all pending data, a second drill program is tentatively planned for Q3 

Jupiter Project, Nye Co., Nevada (in earn-in agreement with Ramelius Resources Ltd.) 

Ramelius has the right to earn a 75% interest in the Jupiter Project by spending US$3,000,000 over a 5- year period, currently ending in June 2022. Ramelius is the operator of the project and is currently designing  a third round of drilling to possibly begin in Q3. Details as to the timing and implementation of the program  will be available once any final decision to proceed is made. The rationale is to test targets on the west side  of the property, where mineralized jasperoids and fault breccias contain anomalous gold up to 0.98 g/t Au  and where the depth to target is perceived shallower than continuing to drill test the eastern flank under plus  100m of Tertiary volcanics. The drilling will target for mineralization hosted at or near the Cambrian 

Ordovician unconformity, a well known host of mineralization at several Nevada gold deposits. 

Silicon Project, Nye Co., Nevada (in option agreement with AngloGold Ashanti NA) 

AngloGold Ashanti has completed a combined RC and Core drilling program and as of early June 2019 is  continuing an extensive IP survey as well as a gravity survey on the project. AngloGold Ashanti completed  their US$300,000 payment in May to maintain an option on the project and can elect to pay an additional  US$2,400,000 by June 21, 2020 to acquire a 100% interest in the project. Following completion of the  purchase option, RenGold would retain a 1% net smelter return royalty on future production from the  project. (see NRs dated June 30, 2017, May 1, 2018 and March 27, 2019 and May 29, 2019).

Generative Exploration 

The Company continues to take an aggressive approach to its generative exploration efforts in anticipation  of increasing demand in an improving market. In the past year we have generated three new projects and  it is our goal to keep actively pursuing new, quality discovery opportunities to benefit both our investors  and our industry partners.  

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 70 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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