Option Agreement On Silicon Project 

RENO, NV - Renaissance Gold Inc. has signed an agreement (with AngloGold Ashanti North America, Inc. for an option to purchase the Company's Silicon exploration property located approximately 6 miles northeast of Beatty in Nye County, Nevada.

The Silicon property is comprised of 277 unpatented mining claims owned by the Company totaling approximately 5,702 acres and was identified and acquired through the Company's ongoing generative exploration program. The Silicon property contains extensive exposures of the upper portion of a low-sulfidation, epithermal gold system defined by chalcedonic and vuggy silica, alunite and clay alteration. Intense acid leaching has created localized areas of high purity silica, which have been mined in the past. In addition, the property contains numerous historic prospects for mercury. Limited historic drilling has taken place on the property, the majority of which is untested. Several past producing gold properties are in the area including Bullfrog, Sterling, Fluorspar Canyon, and Mother Lode with the currently active North Bullfrog project of Corvus Gold Inc. nearby as well.

Ronald Parratt, said, 'This agreement is for an option to purchase the Silicon project for US$3,000,000 within three years and the retention of a 1% NSR. It provides RenGold with a non-dilutive source of cash to fund ongoing operations and is a complement to our usual earn-in to joint venture type of agreement.'