Red Pine Exploration Initiates Geophysical Survey to Define the Structural Controls at its Wawa Gold Project
NEWS RELEASE
April 20, 2017
Red Pine Exploration Initiates Geophysical Survey to Define the Structural Controls
at its Wawa Gold Project
Toronto, Ontario – April 20, 2017 - Red Pine Exploration Inc. (TSX-V: RPX) (“Red Pine”
or “the Company”) announces that it has contracted EMpulse Geophysics Ltd. (“EMpulse”)
to conduct a geophysical survey at its Wawa Gold Project.
EMpulse will map the shallow poorly-conducting gold-bearing shear-zones of the Surluga
Deposit as well as the deep conductive/structural sources that likely tie together the
mineral occurrences that have been identified along of the Wawa Gold Corridor.
Quentin Yarie, President and CEO of Red Pine, stated, "EMpulse’s work will be instrumental
in understanding the structures that control mineralization at the Wawa Gold Project.
EMpulse’s proprietary system will map both the shallow structures over their long strike-
length and the deep structures that likely connect the mineral occurrences of the Wawa
Gold Corridor – the Surluga Deposit, Minto, Hornblende, Parkhill, Van Sickle, Sunrise, and
Grace-Darwin. This mapping will provide a valuable targeting tool for our on-going
10,000m drill program.”
The survey results will provide Red Pine with important information on the shallow
structural targets which appear to control the local placement of anomalous gold
concentrations on the property. In addition, the work is expected to outline any potential
structural controls and sources of the mineralization that exist at depth.
EMpulse has been involved in natural source electromagnetics since 2001 using
instrumentation and software designed and constructed by David Goldak and Peter
Kosteniuk. Building on its already excellent tipper data, EMpulse’s new 3D inversion code,
with a joint phase tensor/tipper/horizontal magnetic transfer function capability, has
demonstrated that this proprietary system is capable of mapping small conductive bodies
beyond 1000 m depth.
EMpulse’s survey fieldwork on the Wawa Gold Project is expected to be completed by
mid-June 2017.
Wawa Gold Project Highlights
The Surluga Deposit hosts a 43- 101 Inferred Resource of 1.088 Million oz gold at
1.71 g/t gold (0.5 g/t gold cut-off)1
New gold mineralization has been discovered in the hanging -wall and footwall of
the Surluga Deposit, which remains open in all directions
Gold mineralization exists 525 metres to the north of the deposit ( SD-16-43: 2.0
g/t over 8.96 m) and 3 km south of the deposit (DG-17-56: 57.31 g/t over 3.14 m)
The Surluga Deposit lies within the Wawa Gold Corridor, which is roughly defined
as a 2,000 metres -long and 600 metres -wide corridor consisting of stacked
parallel shear zones
The project is located 2 km southeast of the Municipality of Wawa, Ontario, close
to roads, power and other infrastructure
Overview of the Wawa Gold Project
The Wawa Gold property package consists of over 5,000 hectares that historically hosted
several mines. Together, they produc ed over 120,000 oz of gold at an average grade of
9.04 g/t. The property currently hosts the Surluga Deposit, a NI 43 -101 Inferred Gold
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 tonnes1.
Red Pine’s exploration work over the past 12 months has included the ongoing sampling
of 42,000 metres of historic core that was never sampled by previous operators (initiated
in February 2016) and the completion in March 2017 of a 6,000 -metre drill program
(initiated in November 2016). A new 10,000- metre drill program has already been
initiated.
The goal of the sampling and drill programs is to fill -in gaps within the resource estimate
with the expectation that it will lead to the definitio n of additional gold resources. T he
sampling and drill programs are expected to continue throughout 2017 . An assessment
of an Exploration Target at the Wawa Gold Project is expected this fall.
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, Canada. 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 focused
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, (416) 364-7024, [email protected]
1NI 43-101 inferred resource of 1,088,000 ounces 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
of 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)). The report is
available on www.SEDAR.com under Red Pine’s profile.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains forward -looking statements. In some cases, you can identify forward -looking
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