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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Surluga, Jubilee Shear | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2017: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Surluga, Jubilee Shear deposit at the Wawa project. JV with Citabar LLP - Drilling results incl. 15.23m @ 14.66g/t Au from 147.27m. Red Pine Exploration Inc. (TSX | |
| 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 partial results for holes SD-16-45 to SD-17-49 from its on-going drilling program at the Wawa Gold Project. Quentin Yarie, President and Chief Executive Officer of Red Pine states, "it is exciting that our expectations of discovering a high-grade zone in the northern extension of the Surluga Deposit were met with the results of SD-16-45. Extending and defining this shallow highgrade zone, beginning 98 metres below surface will have positive impacts on the Surluga Deposit inferred resource2. Exploration work in the Darwin-Grace mine area is uncovering exceptional near surface targets in the vicinity of the old mine with visible gold1 observed in four holes and the discovery of two new shear zones with quartz veins containing visible gold. The discoveries made in the area indicate that the structure hosting the mine is larger and more fertile than initially anticipated.” The on-going diamond drill program is focused on expanding the Surluga Deposit, defining the gold structures of the Wawa Gold Corridor and quantifying the structures associated with the historic mines of the property. | |
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