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Red Pine Exploration Inc.
Summary
| Project: | Wawa | |
|---|---|---|
| Deposit: | Wawa | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-12-2016: Red Pine Exploration Inc. announces an Exploration/Drilling Update report for its Wawa deposit at the Wawa project. JV - resampling results incl. 6.38m @ 14.94g/t Au from un-sampled historic core. Toronto, Ontario –December 20, 2016 –- Red Pin | |
| Resources: | (Resources, Inf.): 19.82Mt @ 1.71g/t Au containing 1.088Moz Au | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | Toronto, Ontario –December 20, 2016 –- Red Pine Exploration Inc. (TSX-V:RPX) ("Red Pine" or the "Company") has received results for holes sampled as part of its sampling program of historic core at its Wawa Gold Project. The Company has also completed two additional boreholes (SD-16-44 and SD-16-45) of its on-going exploration program. Quentin Yarie, President and Chief Executive Officer of Red Pine states, "We are quite surprised to see that material containing up to 109 g/t gold was left un-sampled in the Surluga Deposit. This illustrates the untapped potential of the Surluga Deposit left by the partial sampling of the main ore structure by previous operators. We are also pleased to see that the core sampling program continues to have positive impacts on the gold weighted average for some of the sampled holes. The observation of visible gold in multiple quartz veins in the hanging wall of the Jubilee Shear Zone, in both SD-16-44 and SD-16-45, indicate the potential of the hanging wall of the deposit to host gold mineralization. The observation of multiple spots with visible gold1 in the Jubilee Shear Zone in SD-16-45 indicates that this hole may have intersected an extension of the high-grade core of the Surluga Deposit." | |
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