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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Jubilee | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-10-2018: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Jubilee deposit at the Wawa project. Drilling results incl. 25.2m @ 3.53g/t Au from 258.8m. TORONTO, Oct. 30, 2018 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Re | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Oct. 30, 2018 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces that drilling of the Surluga Deposit continues to confirm the existence of wide zones of high-grade mineralization. With several new highgrade gold discoveries in the Jubilee Shear, including 5.28 g/t gold over 14.6 metres in SD-17-173 (January 22, 2018 News Release) and 3.5 g/t gold over 32.8 metres in SD-18-228 (October 23, 2018 News Release), these latest results further support the potential for a higher-grade underground resource accessible using the existing underground workings of the Surluga Mine. Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "Infill drilling of the Surluga Deposit is enabling us to constrain the geometry and main direction of gold mineralization. By integrating these controls in our geological model, we are able to identify gaps in the historic drilling patterns where we believe additional zones of high-grade mineralization will be discovered. Following our ongoing success, we are mobilizing a second drill to test priority targets that are located within reach of the existing underground development of the Surluga Deposit.” Red Pine’s on-going 2018 diamond drill program is drilling strategic areas in the down-plunge extension of the Surluga Deposit, not covered by historic holes and where recent geological modelling suggests that high-grade mineralization remains to be discovered. Considering the recent successes of the Company in discovering high-grade mineralization, Red Pine is now mobilizing a second drill to test additional targets with high potential to add high-grade mineralization. The overall scope of the program remains unchanged and aims to extend the footprint of the higher grade core of the resource within reach of the existing underground infrastructure. | |
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