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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Minto Lower South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-7-2018: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Minto Lower South deposit at the Wawa project. Drilling results incl. 2.2 @ 5.4g/t Au from 352.8m. Toronto, Ontario – July 12, 2018 – Red Pine Exploration Inc. (T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | Toronto, Ontario – July 12, 2018 – Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces results from twenty-two holes from its 2017-2018 drill program at its Wawa Gold Project, located approximately 2 kilometres (km) east of Wawa, Ontario. The discovery of this gold zone (Minto Lower Zone), parallel to the Minto Mine South Zone, is significant as it extends for over 1.5 km and its high-grade mineralization has the potential to increase the property’s gold inventory. 3D modelling suggests that veins of the newly discovered Minto Lower Zone may be associated with the historic Parkhill Mine with an average recovery grade of 0.25 to 0.3 oz/ton (8.57 g/t to 10.28 g/t gold) (Tisley, 1986). Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "We continue to expand the footprint of the Wawa Gold Project with each new gold-bearing structure found. The discovery of this additional 1.5 km long gold-bearing structure correlates well with our understanding of the gold mineralization at the Wawa Gold Project. We plan further testing with mechanized stripping and additional drilling.” | |
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