Mr. Devin Pickell reports

RENEGADE GOLD CHANNELS 16.2 G/T AU OVER 5.0 M, INCLUDING 56.1 G/T AU OVER 1.4 M AT BOBJO, CONFEDERATION BELT, RED LAKE, CANADA

Renegade Gold Inc. has released new surface sampling from its BobJo project, located approximately 85 kilometres east of Red Lake, Ont.

These new results build upon the 2026 Confederation belt field program (see news release dated June 16, 2026). The greenfields program is now complete across the Confederation belt, and included mapping and prospecting at Belanger (see news release dated Oct. 5, 2026), mapping and prospecting at BobJo, and a preliminary soil grid and till sampling program across the LP-Uchi corridor. Results from the LP-Uchi corridor will be reported separately.

Highlights

• New high-grade channel sample results: multiple new high-grade channel sample results include:
  • 1) 16.2 grams per tonne Au over 5.0 metres, including 56.1 g/t Au over 1.4 m;
  • 2) 4.0 g/t Au over 12.1 m, including 9.5 g/t Au over 2.4 m;
  • 3) 11.2 g/t Au over 1.7 m, including 12.6 g/t Au over 1.5 m;
  • 4) 4.3 g/t Au over 4.7 m, including 13.1 g/t Au over 1.1 m;
  • 5) 1.2 g/t Au over 19.5 m, including 7.5 g/t Au over 0.2 m and 4.4 g/t Au over 2.3 m.
• Select results are presented in Table 1 and confirm the presence of high-grade gold mineralization near the historic BobJo1 mine shaft. The system extends for over 100 m to the north and is interpreted to continue under overburden along strike.
• New grab sample results: Grab samples returned values of 65.3, 63.0, 48.6 and 14.6 g/t Au confirm mineralization is hosted in a north-northwest quartz vein system as well as quartz-carbonate shear veins along a north-northeast-trending massive sulphide layer.

Devin Pickell, president and chief executive officer, commented: "Renegade's maiden exploration program at BobJo has demonstrated the high-grade nature of the mineralization, with multiple grab assays in excess of 60 g/t Au and a channel sample returning 16.2 g/t Au over 5.0 m. The program has refined our understanding of the project and added important data as we build out our greenfield target pipeline across the Confederation belt."

BobJo

At BobJo, two two-person crews implemented a detailed mapping and channelling program from late July into August across the previously stripped region adjacent to the historic BobJo mine shaft. In addition, grassroots prospecting and mapping occurred south of the main showing along the projected contact between tholeiitic and calc-alkaline basalts that host the gold-bearing veins.

Results of the BobJo program confirm the high-grade nature of the mineralized zones and extend results over 100 m to the north along previously stripped outcrop. Two vein orientations are present, with north-northwest quartz veins and north-northeast quartz-carbonate shear veins in the hangingwall of an north-northeast-trending massive sulphide layer. Thin centimetre- to decimetre-scale ladder veins associated with the shear vein trend westerly. Quartz and quartz-carbonate vein and stringer grab samples at BobJo returned values of 65.3, 63.0, 48.6, 14.6 and 4.9 g/t Au with disseminated pyrite, pyrrhotite and local arsenopyrite present. The massive sulphide horizon is exposed in both trenches and returned up to 6.1 g/t Au. The projected intersection of the north-northwest and north-northeast vein trends is interpreted to lie east of the BobJo mine shaft, under overburden near the historic trenches. Initial interpretations suggest mining occurred on lower-grade lenses, with the deepest development encountering the down-dip projection prior to ceasing activities.

Next steps

Results from the greenfields exploration programs at Belanger, BobJo, and the LP-Uchi corridor will be integrated with the historical data set and interpreted through the fall. The company intends to use these results, together with the winter 2025/2026 drone magnetic data, to advance priority targets toward drill-readiness as part of its planned 2027 exploration program across the Confederation belt.

Sample methodology and QA/QC (quality assurance/quality control)

Rock samples were collected from outcrop by trained personnel using hand tools that include hammers, chisels and a channel saw. Samples weighing one to three kilograms were placed in clear poly bags labelled with the sample ID, with the sample tag inserted and clearly visible. Photos were taken at each location, and co-ordinates were recorded by handheld GPS with plus or minus three m accuracy. Sample bags were twisted shut, sealed with a zip tie and placed within a rice bag up to a reasonable weight, at which point the rice bag was twisted shut and sealed with a zip tie to ensure sample integrity was maintained during shipping to the lab.

Rock were shipped to AGAT Laboratories in Thunder Bay, an ISO/IEC 17025-accredited laboratory. AGAT is independent of the company. Samples were then dried, crushed to 75 per cent passing two millimetres with a 250 g split, pulverized to 85 per cent passing 75 micrometres, and analyzed by 50 g fire assay with AAS finish, as well as 51-element aqua regia digest with ICP-OES/MS finish. Overlimit samples returning greater than 10.0 g/t Au were analyzed using standard gravimetric methods. AGAT internal replicates and certified reference materials comprise the QA/QC for all rock samples, including channel and grab samples. Grab samples are selective by nature and are not necessarily representative of the mineralization on the property.

Qualified person

The technical content of this news release has been reviewed and approved by Dale Ginn, PGeo, the executive chair and a director of the company and a qualified person pursuant to National Instrument 43-101.

Cautionary note regarding historical exploration results

The historical exploration results referenced in this news release are derived from an open file report by Parker and Atkinson (1992) and an assessment report by Archibald (2007) filed with the Ontario Geological Survey. These results are considered relevant to guide current exploration programs but have not been independently verified by the company. A qualified person has not done sufficient work to classify these historical results as current mineral resources or mineral reserves, and the company is not treating them as such.

About Renegade Gold Inc.

Renegade Gold is a gold exploration company with 1,542 square kilometres of mineral claims in the Red Lake mining district of Northwestern Ontario. The company is advancing its flagship Rebel gold deposit while building a greenfield discovery pipeline across the Confederation belt, Gullrock and Red Lake project areas. Renegade trades on the TSX Venture Exchange (RAGE), the OTCQB (RENGF) and the Frankfurt Stock Exchange (0700).

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