Red Pine Announces Targeted 15,000 Metre Drill Program at Wawa in 2021
NEWS RELEASE
Red Pine Announces Targeted 15,000 Metre Drill Program at Wawa in 2021
Toronto, Ontario – April 1, 2021 – Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or
the "Company") is pleased to announce its exploration and drilling plans for 2021 at its
100% owned Wawa Gold Project , located 2 kilometres southeast of Wawa, Ontario . With
the announcement of the proj ect's consolidation of ownership to 100% (see February 23,
2021, News Release), Red Pine is now ready to execute a strategic drill program designed
to expand the existing NI 43-101 mineral resources and to explore the multiple additional
highly prospective targets on the property. An estimated 15,000 metres of diamond drilling
is planned in 2021 with the program continuing into 2022.
Wawa Project highlights
• 100% ownership (recently consolidated from 63.31%)
• Two mineral deposits (Surluga and Minto Mine South) with currently estimated NI
43-101 resource of 1,307,000 tonnes @ 5.47 g/t gold for 230,000 ounces in the
indicated category and 2,716,000 tonnes @ 5.39 g/t gold for 471,000 ounces in the
inferred category1
• Resource principally located between the surface and 300 metres vertical depth
• Discovery of higher -grade mineralization in the Jubilee Shear Zone (host of the
Surluga Deposit) down plunge of the existing resource
• Preliminary drilling identified five (5) high -grade gold exploration targets that
could grow the current resource : Hornblende, Minto B, Grace/Nyman, Minto Mine
South and Parkhill # 4 shear zones
• Potential for additional high-grade gold targets in the extension of the Jubilee Shear
Zone, south of the Parkhill Fault
Quentin Yarie, President and CEO of Red Pine, stated, "After a great deal of work, we are
happy to have consolidated Red Pine' s ownership of the Wawa Gold Project to 100%. Well
funded, we are now set to resume our drilling and exploration programs and continue to grow
the mineral resources on the property . Our earlier drill programs discovered mineralized
zones beneath the Surluga Deposit and six other mineralized exploration targets adjacent to
and beyond the current NI 43-101 resources. The focus of our 2021 exploration program will
be to expand Surluga at depth and test the other targets. We are very pleased to now be able
to fully develop and realize value as we grow 100% of the Wawa Gold Project for Red Pine
shareholders."
2021 Drilling and Exploration Program
The main target for diamond drilling in 2021 will be the Jubilee Shear Zone, host of the
Surluga Deposit NI 43-101 mineral resource. The resource extension and definition drilling
program will test the high er-grade gold-bearing structures previously identified by Red
Pine. The Company will also test a number of exploration targets on the property that have
the potential to be converted into resources as Red Pine continues to develop the project.
Extension of the Surluga Deposit NI 43-101 Resource
The Company will prioritize the extension of the higher-grade gold mineralization zone
discovered in 2020, 300 metres down-dip of the current Surluga Deposit resource which
generally lies from near -surface to a depth of 300 meters. Drilling the Jubilee Shear Zone
extension at depth will also test the westernmost down- dip extension of the Minto Mine
South Shear Zone, host of the second known resource on the Wawa Gold Project – the Minto
Mine South Deposit.
2020 diamond drilling highlights in the Jubilee Shear Zone (Figure 1):
• 3.38 g/t gold over 13.3 m true width ("TW"), including 15.31 g/t gold over 1.64 m
(SD-20-293)
• 5.2 g/t gold over 6.31 m TW including 15.7 g/t gold over 1.07 m and 12.4 g/t gold
over 0.78 m (SD-20-289)
• 1.63 g/t gold over 23.34 m TW, including 17.32 g/t gold over 0.88 m and 14.72
g/t gold over 0.85 m (SD-20-292)
• 2.06 g/t gold over 11.8 m TW, including 3.67 g/t over 1.03 m and 7.45 g/t gold
over 0.84 m (SD-20-291)
Figure 1- 2020 diamond drilling highlights in the Jubilee Shear Zone
A review of historical data suggests that the Jubilee Shear Zone's northern extension, where
limited drilling has been conducted, could host undiscovered zones of high -grade
mineralization less than 300 metres below the surface. Geological data recorded in certain
boreholes at the edge of the structure's current footprint suggests potential proximity to
stronger mineralized zones.
Targets beyond Surluga
The section below summarizes the exploration targets identified for further investigation.
Figure 2 - Exploration targets that will be tested in 2021
Jubilee Shear Zone south of the Parkhill Fault
In 2019 and 2020, Red Pine' s mechanized stripping and mapping program on the Jubilee
Shear Zone, south of the Parkhill Fault, indicated structural attributes comparable to those
found north of the fault. Shallow historical drilling by Duraine Mines Ltd. in 1981 combined
with Red Pine's geological mapping and channel sampling indicated gold mineralization.
Drilling in this underexplored extension of the structure could expand shallow gold
mineralization in the Jubilee Shear Zone to a 2 km strike length.
Diamond drilling highlights in the southern extension of the Jubilee Shear Zone (source
AFRI 41N15NE0055 for Duraine Mines drilling results):
• 3.06 g/t gold over 2.70 m, including 41.14 g/t gold over 0.16 m (D81-02)
• 6.95 g/t gold over 1.01 m, including 15.39 g/t gold over 0.45 m (D81-04)
• 8.33 g/t gold over 1.34 m, including 24.34 g/t gold over 0.34 m (D81-08)
• 3.99 g/t gold over 1.00 m (S302 – RPX 2019 historic core sampling)
Grace and Nyman Shear Zones
The Grace and Nyman shear systems , host of the historical Darwin- Grace Mine, will be
targeted for the discovery of shallow high -grade gold mineralization. Red Pine 's 2017
drilling demonstrated that high -grade gold mineralization is still present outside the
mine's historic footprint and that mineralization in the Nyman vein extends at depth. Red
Pine's mechanized stripping and mapping program s located the Grace Shear Zone
extension, 110 m etres north of the northernmost underground development of the
Darwin-Grace Mine. The 2021 drilling program will test this new area in the structure.
Red Pine's diamond drilling highlights in the Grace and Nyman Shear Zones:
• 42.22 g/t gold over 2.44 m , including 107.49 g/t gold over 0.54 m (DG -17-55 –
Grace Shear Zone)
• 57.31 g/t gold over 3.14 m, including 138 g/t gold over 1.11 m (DG-17-56 – Grace
Shear Zone)
• 10.1 g/t gold over 0.82 m (DG-17-66 – Nyman Shear Zone)
Hornblende Shear Zone
Red Pine' s d iamond drilling in the Hornblende Shear Zone showed that gold
mineralization, with potential zones of higher -grade mineralization, occurs over a strike
length of at least 1.6 km. The largest zone of higher -grade mineralization, identified by
historic drilling and confirmed by Red Pine's drilling, occurs at the seventh level of the
historical Surluga Mine. Red Pine's drilling in the Hornblende Shear Zone also identified
additional zones of broad mineralization with discrete zones of higher -grade
mineralization in the structure.
Diamond drilling highlights in the Hornblende Shear Zone include:
• 5.61 g/t gold over 8.5 m, including 15.42 g/t gold over 2.9 m (HS-15-31)
• 2.91 g/t gold over 4.5 m, including 5.77 g/t gold over 1 m (HS-15-28)
• 3.18 g/t gold over 9.54 m, including 19.54 g/t gold over 0.61 m (U0007L7)
Minto B Shear Zone
The Minto B Shear Zone is located above the Jubilee Shear Zone, over the central and
southern segments of the Surluga Deposit resource, north of the Parkhill Fault. Diamond
drilling and mechanized stripping traced the structure over a strike length of 1 km and
uncovered broad zones of gold mineralization. A higher -grade core also occur s in the
structure, the size and grade could be defined with additional drilling. Diamond drilling in
the Minto B Shear Zone will be undertaken concurrently with resource conversion,
definition and exploration drilling in the Jubilee Shear Zone.
Diamond drilling highlights in the Minto B Shear Zone includes:
• 2.1 g/t gold over 10.6 m, including 3.7 g/t gold over 5.6 m (SD-18-256)
• 13.65 g/t gold over 2 m (SD-15-07)
• 4.69 g/t gold over 6.1 m, including 14.37 g/t gold over 1.52 m (U1683L5)
Announcement of Vice President of Exploration
Red Pine is pleased to announce the appointment of Mr. Jean-François Montreuil, P.Geo.,
Ph.D. as Vice President of Exploration of the Company effective immediately.
Dr. Montreuil graduated from Laval University (Quebec City) in 2009 with a Masters in
Earth Sciences and obtained a Doctorate in Earth Sciences from INRS-ETE (Quebec City) in
2016. He has over 12 years’ experience in mineral exploration. Jean-Francois was the Head
Geologist at Red Pine and MacDonald Mines Exploration where he contributed to the
discovery and definition of the Minto Mine South deposit and the extension of the Surluga
Deposit. Jean-Francois is a registered member of th e Ordre des Géologues du Québec and
the Professional Geoscientists of Ontario.
"We are very pleased t hat Jean -Francois has accepted this responsibility at Red Pine ,"
commented Red Pine’s CEO, Quentin Yarie. "Jean-Francois has demonstrated great success
in practical mineral exploration, and we are eager to continue working with him on growing
Red Pine’s gold resources in Wawa."
Announcement of Investor Relations Manager
As Red Pine moves into a new stage of exploration and development, the Company
welcomes Tara Asfour as Investor Relations Manager. Ms. Asfour holds over 10 years of
management, strategy development and capital raising experience, as well as a Masters in
Business Administration from Herzing University and Political Science, and an
undergraduate degree from Concordia University. Ms. Asfour is the Chief Development
Officer at FairGreen Capital Partners and holds corporate affairs and investor relations
experience in the mining, resource, technology, infrastructure, health, and
wellness industries.
On-site Quality Assurance/Quality Control ("QA/QC") Measures
Drill core samples were transported in security sealed bags for analyses at Actlabs in
Ancaster, Ontario. Individual samples were labelled, placed in plastic sample bags and
sealed. Groups of samples were then placed into durable rice bags and then shipped. The
remaining coarse reject portions of the samples remain in storage if further work or
verification is needed.
Red Pine has implemented a quality -control program to comply with best practices in the
sampling and analysis of drill core. As part of its QA/QC program, Red Pine inserts external
gold standards (low to high grade) and bla nks every 20 samples in addition to random
standards, blanks, and duplicates.
Qualified Person
Quentin Yarie, P.Geo. and Chief Executive Officer of Red Pine and the Qualified Person, as
defined by National Instrument 43 -101, has reviewed and approved the news release's
technical information.
COVID-19 Precautions
Red Pine has developed and implemented compliant precautions and procedures
according to guidelines for the Province of Ontario . Protocols were put in place to ensure
our employees ' and contractors' safety , thereby reducing the potential for community
contact and spreading of the virus.
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold and base-metals exploration company headquartered in
Toronto, Ontario, Canada. The Company's common shares trade on the TSX Venture
Exchange under the symbol "RPX".
For more information about the Company, visit www.redpineexp.com
Or contact:
Quentin Yarie, President and CEO, (416) 364-7024, [email protected]
Or Tara Asfour, Investor Relations Manager, (514) 833-1957 [email protected]
1National Instrument 43 -101 Technical Report for the Wawa Gold Project, Brian Thomas P.Geo. Golder
Associates Ltd, effective July 16, 2019
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