April 24, 2018

Renaissance Gold Signs Earn-In Agreement on Jake Creek Project and Acquires Exciting New Carlin-type Gold Target

Renaissance Gold Inc. TSX.V:REN (“RenGold” or the “Company”) is pleased to provide the following update on its business and exploration activities.  

Jake Creek Project 

The Company is pleased to announce that its wholly-owned subsidiary, Kinetic Gold (US) Inc. has signed  a definitive agreement with Ginguro Jake Inc., a subsidiary of Ginguro Gold Pty. Ltd. on its Jake Creek  Project in Humboldt County, Nevada. The agreement grants Ginguro the option to acquire a 70% interest  in the project by spending US$3,000,000 over a 5-year period and making payments to the Company  totaling US$25,000 before the first anniversary of the agreement. Jake Creek is a low-sulfidation  epithermal gold target on the western margin of the Northern Nevada Rift, in a very similar geologic  environment to the Midas gold deposit. Significant historical gold drill intercepts, which have never been  followed up, are summarized in Table 1. 


Table 1: Selected drill highlights, modified from Evolving Gold NI 43-101 Technical Report, dated June 19, 2012

Ginguro is planning to conduct a surface geologic mapping and geochemical sampling program this season,  and the new data will be integrated with existing geophysical and drill data to design a follow-up drill  program. 

Pursuant to an option agreement between Ivy Minerals Inc. (“IMI”) and Kinetic Gold (US) Inc., effective  August 12, 2013 (as amended), the Company will immediately exercise its option to purchase 100% of the  Jake Creek project from IMI for the agreed upon consideration of 372,541 common shares of the Company. 

Mars Project 

The Company is pleased to announce the acquisition of the Mars Project in Lincoln County, Nevada. The  property hosts a Carlin-type target in lower Paleozoic sedimentary rocks, characterized by anomalous gold  in soils, extensive jasperoid alteration with rock chip assays up to 3.7 g/t Au and strongly anomalous in the  typical Carlin suite pathfinder elements As, Sb and Hg. Historic work on the project was conducted in the  1980s and 1990s and included three shallow drill programs that tested the system to a depth of less than  200 feet, and encountered multiple low-grade gold intercepts. The gold system is exposed over a 4.5 km  area and occurs peripheral to a Mesozoic intrusive center. RenGold’s technical team recognized this  project as a significant discovery opportunity based on the geologic setting, the existence of an already  known, exposed gold system, the very shallow past drilling and the absence of past work to develop  structural and stratigraphic targets where the system dips under cover rocks. The Company has staked  additional claims to cover areas for new target generation and has begun geological, geochemical and  geophysical work to develop a comprehensive understanding of the gold system and to develop additional  targets for drilling. This project is available for an earn-in agreement. 

The Mars project was acquired through a lease/option to purchase agreement with a third party whereby  the Company paid US$10,000 upon signing a definitive agreement and will pay US$10,000 on each  anniversary of the agreement for up to ten years to complete the purchase option. The purchase option may  be exercised at any time by making all remaining payments. Upon exercising the option, the vendor’s  interest would revert to a 3% NSR, with 2% buyable for US$1,000,000 per 1%. The Company has no work  commitments under this agreement. 

Pluto Project 

Our funding partner, S2 Resources has informed the Company that it will not be continuing with the earn in on the Pluto Project (see NR dated January 3, 2018). After further evaluation of the results of the drilling,  the Company has decided to not maintain the property. 

Wildcat Project 

Troymet Exploration Corp. has returned the Wildcat Project in Juab County, Utah to the Company due to  “financial stringencies” (See Troymet NR dated February 22, 2018). The Company will retain the project  and continue marketing to find another partner. 

Robert Felder, President and CEO states, “We are very pleased to get Jake Creek into a deal and continue exploration on this exciting project. Our new partners at Ginguro have significant technical experience  exploring epithermal systems and are a good fit for this project. We are also quite pleased with the acquisition of the Mars Project. This represents a unique opportunity of the type that we seek in Nevada,  where sound geological work around a known, but underexplored system has the potential to yield very  meaningful results” 

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 60 exploration agreements including those  as AuEx. On May 29, 2017, the Company acquired Kinetic Gold Corp. and its subsidiaries which hold  various exploration properties located in Nevada. RenGold’s objective is to consistently 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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