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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Wawa | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-12-2017: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Wawa deposit at the Wawa project. Drilling results incl. 1m @ 56.8g/t Au from 197m. TORONTO, Dec. 12, 2017 -- Red Pine Exploration Inc. (TSX-V:RPX) ("Red Pine" o | |
| Resources: | (Resource, Inf): 19.82Mt @ 1.71g/t Au for 1.088Moz contained at project | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, Dec. 12, 2017 -- Red Pine Exploration Inc. (TSX-V:RPX) ("Red Pine" or the "Company") announces results from ten holes drilled earlier this fall in the northern extension of the Surluga Deposit as part of the Company’s recently completed 20,000 m drilling program Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "Our on-going drilling program is proving that highgrade zones remain to be discovered in the Surluga Deposit beyond the current inferred resource. Results indicate that highgrade gold zones occur in structures adjacent to the Wawa Gold Corridor and that the structure is characterized by systematic stacking of multiple gold zones.” *Assay results reported over intersection length. For holes SD-17-95, SD-17-97, SD-17-102, SD-17-104 and SD-17-107, the intersection lengths in the Algoma North, Jubilee Shear Zone and Surluga Road Shear Zone are estimated to >90% true width, for SD-17-98, the intersection lengths in the Algoma North and Jubilee Shear Zone are is estimated to represent ≥ 80% true width. As it was discovered, no true width estimations are available for the lower Surluga Road Shear Zone in SD-17-104 Drilling in the northern extension of the Surluga Deposit was testing the extension of the high-grade zone intersected in the Jubilee Shear Zone (JSZ) in SD-16-45 (14.7 g/t over 15.2 m) and the presence of mineralization in the gold structures above and below the JSZ. SD-17-95 and SD-17-107 successfully intersected the southern extension of the northern high-grade zone of the Surluga Deposit. Drilling also extended the possible zones of higher grade mineralization in gold zones of the hangingwall and footwall of the JSZ | |
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