Red Pine Exploration Drills 13.08 G/T GOLD over 2.63 Metres
NEWS RELEASE
September 20, 2017
RED PINE EXPLORATION DRILLS 13.08 G/T GOLD OVER 2.63
METRES
Toronto, Ontario – September 20, 2017 – Red Pine Exploration Inc. (TSX-V: RPX) ("Red
Pine" or the "Company") announces partial results for three drill holes in the Minto Mine
area that were completed as part of the on-going 20,000 metres (“m”) drilling program at
its Wawa Gold Project.
Drilling Highlights (see Table 1 and Figures 1, 2 and 3 below):
The discovery of a high-grade quartz vein (Minto E) above the Minto Mine South
Zone (“MMSZ”) (Figures 1, 3);
o SD-17-94 contains 13.04 gram per tonne (“g/t”) gold over 2.20 m;
o SD-17-99 contains 13.08 g/t gold over 2.63 metres;
The high-grade zone of the MMSZ extends south (Figures 1, 2)
o SD-17-105 contains 5.51 g/t gold over 5.83 metres;
Visible gold is observed in 10 out of the 20 additional holes completed so far in the
MMSZ (Figure 1);
15 additional drill holes are planned for this area as part of the 2017 drill program.
Quentin Yarie, President and Chief Executive Officer of Red Pine state d, "We are quite
excited by the intersection of a near -surface high -grade quartz vein above and
perpendicular to the Minto Mine South Zone. This new discovery, called Minto E, further
emphasises the potential of the zone and adds another gold target to what is already a
highly promising area. Drilling in the Mine South Zone continues to be successful and is
demonstrating that thickening zones of gold-mineralization can occur within the structure.”
Table 1. Highlights of the 2017 drilling results south of the Minto Mine
Hole From
(m)
To
(m)
Length
(m)*
Gold
(g/t) Gold Zone
SD-17-94
11.50 13.70 2.20 13.04
Minto E including
12.50 13.70 1.20 23.4
121.00 122.00 1.00 5.06
New gold intersection –
outside of both MMSZ and
Minto E
SD-17-99
3.63 4.40 0.77 7.29 Minto E
17.35 19.98 2.63 13.08
Minto E including
18.14 19.16 1.02 31.2
SD-17-105
63.82 65.82 2.00 1.97
91.17 97.00 5.83 5.51
MMSZ including
92.00 92.97 0.97 16.21
94.00 95.00 1.00 11.07
*Assay results reported ove r intersection length . In the Minto Mine South Zone for SD -17-105, the intersection
length is estimated to be represent ≥ 70% true width . As it represents a discovery, no true width estimation is
available for the discovered Minto E Gold Zone in SD-17-94, 99 and SD -17-105. Additional drilling is required
to estimate the true width and continuity of the mineralized structure.
Overview of drilling results in the MMSZ and the Minto E
Holes SD -17-94 and SD -17-99 (Final assays pending ) were drilled to test the down-dip
extension of the MMSZ and both holes successfully intersected the structure . Near
surface, SD-17-94 and SD -17-99 intersected a high -grade quartz vein/structure that
represents the down-dip extension of the surface exposure of the Minto E structure.
SD-17-105 successfully intersected the southern extension of the MMSZ and result s
indicate a thickening of the structure in the area. In the hanging wall of the MMSZ, SD-17-
105 also intersected a gold -bearing shear that could be the western extension of the
Minto E shear zone.
Results are pending for 20 boreholes in the MMSZ. The zone remains open at depth and
along strike (>1km) to the south. Fifteen (15) additional drill holes are currently planned
to further define its strike length and down -dip extension and to further define the Minto
E Zone.
Wawa Gold Project Summary
The Wawa Gold prope rty package consists of over 5,5 00 hectares and hosts several
former mines with a combined historic production of 120,000 o unces (“oz”) gold1.
Currently, the largest gold deposit on the property is the Surluga Deposit, which hosts a
NI 43-101 Inferred Resource of 1,088,000 o z gold at an average grade of 1.71 g/t using a
0.5 g/t cut-off contained within 19.82 million tonnes2.
Exploration work by Red Pine during the past 18 months has involved the sampling of
42,000 metres of historic core that was never sampled by previous operators of the
project (initiated in February 2016) and aggressive drilling campaigns.
To date, the Company completed over XX metres of drilling and made four discoveries
along the extension of the Surluga Deposit: the Surluga North Zone; the Hornblende -
William Zone; The Minto Mine South Zone; and the Grace -Darwin Zone. All the se
mineralized zones are interpreted to form a coherent structural system , the Wawa Gold
Corridor, and are anticipated to have a positive impact on the property’s gold inventory.
Red Pine’s on -going 20,000 -metre drill program is focussed on three of the four key
discoveries with two drills operating non -stop on the property. T he first drill is currently
targeting the Surluga North discovery, where Red Pine’s hole SD -16-45 intersected 14.66
g/t gold over 15.23 metres (the Surluga North high -grade zone) while the second drill is
targeting the Minto Mine South Zone discovery.
The Company is well positioned to fund its share of the Wawa Gold exploration program .
As such, the sampling and drill programs are expected to continue throughout 2017.
Highlights
100% owned land position between JVA;
2 k m southeast of the Municipality of Wawa, Ontario , close to roads, power and
other infrastructure; and
8 past producing mines on property with historical production of 120,000 o z gold
at 9.04 g/t average grade1.
> 1M oz Inferred Gold Resource at 1.71 g/t (0.5 g/t cut-off)2
o Near surface mineralization;
o Open in all directions; and
o Exploration continuing to expand the existing resource.
Considerable Growth Potential
o Newly discovered high-grade gold zones in many areas on property; and
o Gold mineralization extends 5 km in length.
Preliminary Metallurgical Study Underway
o Optimization of gold and silver recoveries.
Figure 1. Highlights of the 2017 Drill Program in the Minto Mine Structure
Figure 2. Longitudinal section showing drilling intersections in the MMSZ between the
former Minto and Parkhill mines
Figure 3. Cross-section showing the spatial relation between the Minto Mine South Zone
and the discovered high-grade quartz vein
On-site Quality Assurance/Quality Control (“QA/QC”) Measures
Drill core samples were transported in security -sealed bags for analyses to Activation
Laboratories Ltd. in Ancaster, Ontario. Individual samples are labeled, placed in plastic
sample bags and sealed. Groups of samples are then placed into durable rice bag s 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 cor e. As part of its QA/QC program, Red Pine inserts
external gold standards (low to high grade) and blanks every 20 samples in addition to
random standards, blanks, and duplicates.
Qualified Person
Quentin Yarie, P Geo. is the qualified person responsible for preparing, supervising and
approving the scientific and technical content of this news release.
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold and base -metals exploration company headquartered
in Toronto, Ontario, Can ada. The Company's common shares trade on the TSX Venture
Exchange under the symbol "RPX".
Red Pine has a 60% interest in the Wawa Gold Project with Citabar LLP . holding the
remaining 40% interest. Red Pine is the Operating Manager of the Project and is f ocused
on expanding the existing gold resource on the property.
For more information about the Company visit www.redpineexp.com
Or contact:
Quentin Yarie, President & CEO, (416) 364-7024, [email protected]
Or Mia Boiridy, Investor Relations and Corporate Development , (416) 364 -7024,
1Mineral Resource Statement , Surluga -Jubilee Gold Deposit, Wawa Gold Project, Ontario, SRK Consulting
(Canada) Inc. (effective May 26, 2015)). The report is available on www.SEDAR.com under Red Pine’s profile.
2NI 43-101 inferred resource of 1,088,000 oz of gold at 1.71 grams per tonne (g/t) using a 0.40 g/t gold cut -
off grade for pit-constrained and 2.50 g/t gold cut-off grade for underground-constrained resources, contained
in 19.82 million tonnes open along strike and at depth. The Cut -off grades are based on a gold price o f
US$1,250 per once and a gold recovery of 95 percent (Mineral Resource Statement , Surluga -Jubilee Gold
Deposit, Wawa Gold Project, Ontario, SRK Consulting (Canada) Inc (effective May 26, 2015)).
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This News Release contains forward -looking statements. In some cases, you can identify forward -looking
statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”,
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