2012-09-26 00:56:42 -
White Rock, British Columbia CANADA, September 25, 2012 /FSC/ - Renaissance Gold Inc. ("RenGold")(REN - TSX),reports that Concordia Resource Corp. ("Concordia") has terminated its agreement with RenGold to earn an interest in RenGold's Baza project in Spain. Concordia is focusing its efforts on its projects in West Africa and Argentina. Concordia spent over $2 million, most of which went into drilling, regional surveys and land acquisition. RenGold now has comprehensive mapping, helicopter based magnetic, radiometric and EM data, as well as additional rock chip sampling and stream sediment sampling.
Richard Bedell President & CEO comments: "The Baza project is a rare opportunity because we recognized the potential and were able to systematically explore an entire district of copper gold mineralization
without any competition. RenGold will seek a partner to continue to explore this area of considerable mineralization."
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 team members 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, firstname.lastname@example.org
Eric Struhsacker, 775-337-1545, email@example.com
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Source: Renaissance Gold Inc. (TSX: REN) www.rengold.com
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