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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Surlaga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-2-2019: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Surlaga deposit at the Wawa project. Drilling results incl.19.0m @ 4.9g/t Au from 148.5m. TORONTO, Feb. 12, 2019 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red P | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Feb. 12, 2019 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces new results from its exploration/infill drilling in the gaps in the Surluga Deposit (“Surluga” or the “Deposit”), and from its confirmation drilling in the higher grade zones of the Deposit. The Surluga Deposit is one of two (2) known deposits, identified to date, on the large 6,519 hectares Wawa Gold Project, located near Wawa, Ontario. The Surluga Deposit currently hosts a NI 43-101 Inferred Resource of 1,088,000 ounces of gold at an average grade of 1.71 g/t (using a 0.5 g/t cut-off) contained within 19.82 million tonnes1 . These latest results will be included a revised NI 43-101 resource estimate for the Deposit that is expected to be issued in Q2 2019. Red Pine’s understanding of the geological factors that control higher-grade gold mineralization in the Surluga Deposit, has enabled the Company to identify gaps in the historic drilling as well as areas where potentially significant zones of new gold mineralization could to be discovered. Hole SD-18-241 targeted one of these historical gaps that appear to be typically located near the existing underground infrastructure of the Surluga Mine. | |
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