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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Surluga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-5-2017: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Surluga deposit at the Wawa project. JV with Citabar LLP - Drilling results incl. 8.14m @ 23.10g/t Au from 62.86m. Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pin | |
| Resources: | (Resources, Inf.): 19.82Mt @ 1.71g/t Au containing 1.088Moz Au (0.4g/t Au cut-off) | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") has received the final assay results for holes DG-17-53 to DG-17-66 that were drilled 3 km south of the Surluga Deposit in the Darwin-Grace Mine area as part of the 6,000m winter drilling program. Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "We are very encouraged by the results we received from this preliminary exploration phase of the Darwin-Grace Mine area. The winter drilling program confirmed the extension of the shallow high-grade zones of the Darwin-Grace Structure beyond was what previously known and provided important geological data for the planning of follow-up drill programs in the Darwin-Grace Mine area.” he Darwin-Grace Mine area is located 3 km south of the Surluga Deposit Inferred Resource1 at the southern extent of the Wawa Gold Corridor. These preliminary drilling results indicate that the high-grade gold mineralization in the former Darwin-Grace Mine extends near-surface beyond what was previously known. Exploration work by Red Pine during the past 12 months has involved the ongoing sampling of 42,000 metres of historic core that was never sampled by previous operators of the project (initiated in February 2016) and the completion in March 2017 of a 6,000- metre drill program (initiated in November 2016). This drill program is being currently followed by a new 10,000-metre drill program that was initiated in April 2017. | |
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