Renaissance Gold Inc. (RenGold) is pleased to announce the assay results from reverse circulation drilling completed recently on the company's Rose Mine gold exploration project located in Eureka County, Nevada. The drilling program was conducted by Navaho Gold Pty Ltd ("Navaho Gold") of Brisbane, Australia (ASX:NVG) under an exploration earn-in joint venture agreement.

Navaho Gold has completed 10 reverse circulation holes totalling 4,960 feet (1,512 meters) at RenGold's Rose Mine Project located 8 miles (13 km) southwest of the 2.23 MM ounce Archimedes Deposit operated by Barrick Gold Corporation in the Eureka Mining District.

Three holes intersected anomalous gold mineralization exceeding 0.05 grams. RM-11-06 intersected a 50 foot (15.2 meter) interval exceeding 1 gram silver. Several holes intersected elevated arsenic, antimony, barium, thallium, and bismuth, which suggest proximity to mineralization characteristic of Carlin Type Deposits. Maps showing the location of the Rose Mine Project and the location of drill holes on the 3,900 acre (1,578 hectare) property appear on our website .

Table 1. Rose Mine -- Summary of anomalous gold and silver assay results

Hole ID Gold g/t Silver g/t Depth
From
(ft)
Depth
To (ft)
Interval (ft)

RM-11-01

0.075

565.3

580.0

14.8

RM-11-02

0.065

400.3

405.2

4.9

RM-11-06

0.067

475.1

480.0

4.9

RM-11-06

1.14

485.2

535.1

49.9

True widths of mineralization cannot be determined at this time.

The drilling tested geophysical and soil geochemistry targets on the covered pediment of the basin east and north of the original Rose Mine target area. The area of the historic Rose Mine, where numerous multi-ounce silver bearing jasperoids in outcrop, was not tested. Navaho Gold is evaluating the results and is considering a second round of drilling, which could include the main part of the known silver mineralization and nearby areas of gold anomalism.

The drill samples were collected in intervals of 5 feet (1.5 meters) by means of a cyclone assembly and a rotary wet splitter. Gold was analyzed by 30g fire assay with atomic absorption finish. Silver and other elements were analyzed by ICP-AES analysis with four acid digestion. ALS Minerals North American laboratories performed all analyses. Commercially-prepared standards and blanks with duplicates comprised more than 5% of the sample population.

All data disclosed in this press release, including sampling, analytical and test data, have been reviewed by the Company's qualified person Mr. Eric M. Struhsacker, M.Sc., and Certified Professional Geologist as recognized by the American Institute of Professional Geologists.

About Renaissance Gold Inc.

Renaissance Gold Inc. is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada, Utah, Argentina and Spain. Many of the projects are in exploration earn-in agreements with industry partners who provide exploration funding. RenGold applies the extensive exploration experience and high-end technical skills of its founders and staff to search for and acquire new precious metal exploration projects that are then offered for joint venture.

Renaissance Gold Inc.

By: Richard L. Bedell, President and CEO

For further information, contact:

Richard L. Bedell, 775-337-1545 or rbedell@rengold.com
Ronald L. Parratt, 775-337-1545 or rparratt@rengold.com

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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