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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Wawa | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-4-2018: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Wawa deposit at the Wawa project. Drilling results incl. 39.5m @ 0.58g/t Au from 222.9m. TORONTO, April 12, 2018 -- Red Pine Exploration Inc. (TSX-V:RPX) ("Red Pi | |
| Resources: | (Resource, Inf.): 19.82Mt @ 1.71g/t Au for 1.088Moz Au contained at project | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | TORONTO, April 12, 2018 -- Red Pine Exploration Inc. (TSX-V:RPX) ("Red Pine" or the "Company") announces results from 20 holes at its Wawa Gold Project, located approximately 2 kilometres east of Wawa, Ontario. The drill holes were part of Red Pine’s 2017-2018 drill program. A new discovery, almost 1 kilometre north of the existing 1M oz inferred resource1 (the Surluga Deposit), demonstrates the potential to expand the gold resource at the Wawa Gold Project. Results also indicate that gold mineralization in the footwall of the Surluga Deposit now extends over a strike length of more than 2.2 kilometres. Quentin Yarie, President and Chief Executive Officer of Red Pine stated, "Our drilling continues to expand the mineralized footprint of the Wawa Gold Project. We have discovered broad zones of mineralization between the Jubilee Shear Zone, the host of the Surluga Deposit, and the Hornblende Shear (sub-parallel to the Jubilee Shear). We will further investigate these new lenses of high-grade gold in our on-going drilling program as we continue to work towards advancing the existing resource on the project.” Red Pine’s drilling has shown that mineralization in the footwall zones of the Wawa Gold Corridor, that includes the Hornblende, Surluga Road and William Gold Zone, extend over a strike length of more than 2.2 kilometres. Holes SD-17-173 and SD-18-178 represent a 500 metre step-out to the south from any holes drilled to date in the footwall of the Jubilee Shear Zone, and indicate the persistence of mineralization in both the Hornblende and the William Gold Zones. | |
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