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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Minto Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-6-2017: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Minto Mine deposit at the Wawa project. JV with Citabar LLP - Drilling results incl. 3.49m @ 11.82g/t Au from 53.7m. Toronto, Ontario – June 21, 2017 – Red Pine E | |
| Resources: | (Resource, Inf.): 19.82Mt @ 1.71g/t Au containing 1.088Moz Au at Surluga | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | Toronto, Ontario – June 21, 2017 – Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") has received partial results for holes SD-17-75 to SD-17-78 (additional results pending) that were drilled between 150-200m south of the former Minto Mine (23,000 oz gold at 12.56/g/t)1. Drilling results continue to demonstrate that the highgrade mineralization of the historic Minto Mine extends to the south. Furthermore, the mineralization of the Minto Mine South Zone appears to be hosted in stacked goldbearing structures similar to the ones at the Surluga Deposit (>1M oz inferred gold resource at 1.71 g/t). Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "Our models of our Minto Mine South Zone discovery have been very robust. The structure is proving to be predictable and with drilling, we are able to trace this near-surface high-grade gold zone along strike and at depth. Our drilling results have also discovered additional mineralized structures in both the hanging wall and footwall of the Minto Mine South Zone, suggesting that not unlike the Surluga Deposit, we are looking at multiple stacked gold-bearing structures”. | |
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