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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Jubilee Shear, Surluga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-1-2019: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Jubilee Shear, Surluga deposit at the Wawa project. Drilling results incl. 36.60m @ 3.02g/t Au from 249.6m. TORONTO, Jan. 03, 2019 -- Red Pine Exploration Inc. (TS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Jan. 03, 2019 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces new results from its confirmation drilling in the higher-grade zones of the Surluga Deposit and from the drilling on the Minto Mine South Project. With the recent high-grade gold discoveries in the Jubilee Shear, including 5.28 g/t gold over 14.55 metres (true width) in SD-17-173 (January 22, 2018) and 4.99 g/t gold over 17.6 metres (true width) in SD-18-228 (October 23, 2018), Red Pine’s infill drilling results continue to support the potential for a higher-grade underground resource accessible using the existing underground infrastructures of the Surluga Mine. Drilling highlights (Table 1): • Intersection of high-grade gold in the current resource footprint of the Surluga Deposit: ° Hole SD-18-234 contains 32.16 g/t gold over 2.91 metres (true width); ° Hole SD-18-231 contains 3.17 g/t gold over 6.23 metres (true width) including 6.51 g/t gold over 1.87 metres (true width). • Discovery of high-grade quartz veins in the Minto Stockwork: ° Hole SD-18-189 contains two high-grade quartz veins with 16.47 g/t gold over 1 metre and 14.11 g/t gold over 1.1 metres. Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "Our drilling results are confirming that a higher-grade resource accessible using the underground developments of the Surluga Mine is possible at the Surluga Deposit. We are now nearing the completion of the first phase of our infill drilling program, and in many of the holes completed so far, we have observed visual indicators that are typically associated with zones of stronger gold mineralization. We can now better understand what controls the formation of high-grade mineralization zones and this will help us in our exploration model for the other gold structures of the Wawa Gold Corridor.” | |
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