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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Surluga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2018: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Surluga deposit at the Wawa project. Drilling results incl. 33.2m @ 3.5g/t Au from 257m. TORONTO, Oct. 23, 2018 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red P | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Oct. 23, 2018 -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces that it continues to discover new intersections of high-grade gold within the current inferred resource, that have not been included in the calculation of the resource of the Surluga Deposit1 . The Company’s infill drilling program is steadily adding new intersections of gold and extending the footprint of the higher-grade core of the existing resource. These new intersections, along with several other previously released intersections (SD-17-173 – 5.28 g/t gold over 14.55 metres and SD-17-172 – 4.46 g/t gold over 10.1 metres) provide additional support for our thesis that the Wawa Gold Project has the potential to host a high-grade underground resource. Quentin Yarie, President and Chief Executive Officer of Red Pine, stated, "The discovery of significant mineralization, in the gaps of the Surluga Deposit inferred resource, indicates that new high-grade gold zones are present within the current footprint of the resource. We are now focusing our drilling on filling gaps inside and on the edges of the resource where we believe similar mineralization exists. This has the potential to add higher grade ounces accessible by the historical underground workings of the Surluga Deposit.” | |
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