Initial Reconnaissance Drilling Campaign at Renaissance Gold?s Wood Hills South Gold Project, Nevada Intersects Significant Gold Mineralization

White Rock, British Columbia CANADA, February 06, 2012 /FSC/ - Renaissance Gold Inc. (REN - TSX), FSC / Press Release


Initial Reconnaissance Drilling Campaign at Renaissance Gold?s Wood Hills South Gold Project, Nevada Intersects Significant Gold Mineralization

White Rock, British Columbia CANADA, February 06, 2012 /FSC/ - Renaissance Gold Inc. (REN - TSX), ("RenGold") is pleased to announce assay results for the first ten holes of a planned twenty hole reverse circulation reconnaissance drilling program from the 100 sq km Wood Hills South gold project, Elko County, Nevada. The drilling was carried out by our partner NuLegacy Gold Corp. (NUG:TSXV) in late 2011 and was designed to test the bedrock beneath the shallow pediment cover. The property is 8 miles southwest of the Pequop Gold District and has similar Carlin-style geochemistry in isolated exposures adjacent to broad areas of shallow pediment cover.

Drill locations on the pediment were determined using geophysics and geochemistry.  This included 31,000 meters of induced polarization and resistivity surveys, gravity surveys, and 70,000 meters of coincident soil sampling surveys completed by NuLegacy during the past year's preparatory exploration programs. The surveys indicated broken blocks that were likely limestone and dolomite (carbonates) under a thin pediment gravel cover. Coincident soil sampling programs returned anomalous gold assays, and anomalous Carlin-type trace elements, in the soils above the broken blocks. It was the targeting of the margins of broken carbonate blocks that drove the successful drill campaign at the Long Canyon gold deposit in the Pequop Gold District.

The initial ten holes of the program (totaling 1,274.1 meters (4,180 feet) completed in late November 2011) confirm these indications. Hole WHS11-007 intersected an oxidized 10.7 meter (35feet) interval from 83.8 to 94.5 meters down hole that averaged 0.40 g/t (0.013 opt) gold within an approximately 60 meters (197 feet) zone of anomalous Carlin-style pathfinder elements and gold. This mineralization occurs in silty limestones and dolomites with iron oxides and silicification just above an altered and mineralized intrusive. Holes WHS11-001, 002, 003, 005, and 006, which were widely spaced to test other targets, also contain narrow intervals of anomalous gold and favorable pathfinder elements. Other than holes WHS11-009 and 010, the overburden was less than 60 meters (197 feet) thick.

Richard Bedell President and CEO for RenGold comments, "This drilling is very significant as it is similar to the mineralization in the adjacent Pequop Gold District. Targeting was originally based on regional magnetic data that defines the extent and orientation of Eocene aged intrusives responsible, in part, for the distribution of mineralization in the Pequop Gold District. The drilling results suggest that the Pequop Gold District could grow to the southwest into the Woods Hills South property given how small the footprint of the current gold resources (West Pequop and Long Canyon) are, compared to most other Carlin-style gold districts in Nevada."

NuLegacy plans on completing the remaining 10 holes of this initial reconnaissance drill program to explore for other areas of favorable gold mineralization within the project.  Additional geophysics and geochemistry are being planned for 2012 to better define controls of this mineralization and establish other drill targets.

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 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 or rbedell@rengold.com
Eric Struhsacker, 775-337-1545 or estruhsacker@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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Source: Renaissance Gold Inc. (TSX-V: REN.V - News)  http://www.rengold.com
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Source: Renaissance Gold Inc. (TSX-V: REN.V - News)  http://www.rengold.com
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com