Red Pine Exploration’s Root Vein Returns Results up to 88 g/t Gold over 1 metre
NEWS RELEASE
November 2, 2017
Red Pine Exploration’s Root Vein Returns Results up to 88 g/t Gold
over 1 metre
Toronto, Ontario – November 2, 2017 - Red Pine Exploration Inc. (TSX-V: RPX) (“Red
Pine” or “the Company”) has received assay results from the Company's Summer 2017
surface sampling program of the Root Vein and the associated stockwork1. The Root
Vein is located north of the existing resource – Figure 1.
Root Vein System Channel Results*
Red Pine systematically channel sampled the exposure of the Root Vein and associated
stockwork. Channel samples were taken in well exposed parts of the system and
orientated perpendicular to strike. Figure 2 illustrates the location of the trenches with
respect to the exposed Root Vein as well as their spatial association to each other.
*Readers are cautioned that composite channel samples are taken over a representative
length in the targeted vein and stockwork system and as such remain selective by nature.
The grades and mineralization present are not ne cessarily representative of the
mineralization associated with the Root Vein.
Highlights Include:
• Trench RV-2: 4m @ 4.87g/t gold
• Trench RV-3: 4m @ 4.40g/t gold
• Trench RV-5: 3m @ 8.10g/t gold
• Trench RV-6: 2m @ 10.78g/t gold
• Trench RV-7: 4m @ 25.73g/t gold
• Trench RV-8: 1m @ 79.7g/t gold
The results of ALL the channel samples are as follows:
Channel Number From (m) To (m)
Gold
g/t Identifier
Length
(m)
Composite Gold
g/t
RV-1 0 1 4.37 Stockwork
1a “stockwork” is a system of structurally controlled veins – and in this system these veins are
primarily quartz.
Channel Number From (m) To (m)
Gold
g/t Identifier
Length
(m)
Composite Gold
g/t
RV-1 1 2 0.857 Stockwork
RV-1 2 3 2.38 Stockwork
RV-1 3 4 1.74 Stockwork
RV-1 4 5.6 2.76 Stockwork 5.6 2.46
RV-2 0 1 1.95 Stockwork
RV-2 1 2 2.38 Stockwork
RV-2 2 3 0.718 Stockwork
RV-2 3 4 5.97 Stockwork
RV-2 4 5 2.22 Stockwork
RV-2 5 6 4.48 Stockwork
RV-2 6 7 6.82 Stockwork 7 3.51
including 4 4.87
RV-3 0 1 0.087 Stockwork
RV-3 1 2 0.56 Stockwork
RV-3 2 3 1.2 Stockwork
RV-3 3 4 1.13 Stockwork
RV-3 4 5 1.29 Stockwork
RV-3 5 6 4.35 Stockwork
RV-3 6 7 9.75 Stockwork
RV-3 8 9 1.37 Stockwork
RV-3 9 10 2.14 Stockwork 10 2.19
including 4 4.40
RV-4 0 1 7.9 Stockwork
RV-4 1 2 0.298 Stockwork
RV-4 2 3 1.93 Stockwork
RV-4 3 4 0.222 Stockwork
RV-4 4 5 3.79 Stockwork
RV-4 5 6 0.739 Stockwork
RV-4 6 7 0.171 Stockwork
RV-4 7 8 0.205 Stockwork 8 1.91
RV-5 0 1 2.03 Stockwork
RV-5 1 2 20.3 Stockwork
Channel Number From (m) To (m)
Gold
g/t Identifier
Length
(m)
Composite Gold
g/t
RV-5 2 3 1.96 Stockwork 3 8.10
RV-6 0 1 1.27 Stockwork
RV-6 1 2 0.041 Stockwork
RV-6 2 3 0.05 Stockwork
RV-6 3 4 12.8 Stockwork
RV-6 4 5 8.75 Stockwork 5 4.58
including 2 10.78
RV-7 0 1 88.5 Root Vein
RV-7 1 2 0.741 Stockwork
RV-7 2 3 3.48 Stockwork
RV-7 3 4 10.2 Stockwork 4 25.73
RV-8 0 1 79.7 Root Vein 1 79.7
RV-9 0 1 0.059 Stockwork
RV-9 1 2 3.36 Stockwork
RV-9 2 3 0.033 Stockwork
RV-9 3 4 1.08 Stockwork
RV-9 4 5 0.59 Stockwork
RV-9 5 6 0.03 Stockwork
RV-9 6 7 5.66 Stockwork 7 1.54
Quentin Yarie, President and CEO of Red Pine, stated, "The Root Vein has always been an
area of interest to us. Recent identification of the potential for the stockwork to contain
gold significantly changed our interest and we conducted the channel sampling program to
assess the viability of the system to host gold.”
Red Pine Plans Continued Exploration – Root Vein Target of Interest
The Company will continue with its current exploration program which consists of both
continuous operation of two drills and sampling of historic core. These results from the
root vein warrant further investigation and this system within the hanging wall of the
Jubilee Shear Zone will be targeted for drilling this winter.
On-site Quality Assurance/Quality Control (“QA/QC”) Measures
Channel 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 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 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 portions of this news release and is responsible for
overseeing all aspects of the company's exploration programs.
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold and ba se-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]
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 case s, you can identify
forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”,
“anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of
these terms or other comparable terminology. These s tatements are only predictions and
involve known and unknown risks, uncertainties and other factors that may cause our or
our industry’s actual results, levels of activity, performance or achievements to be materially
different from any future results, lev els of activity, performance or achievements expressed
or implied by these forward-looking statements.
Although the Company believes that the assumptions and factors used in preparing the
forward-looking information in this news release are reasonable, undue reliance should not
be placed on such information, which only applies as of the date of this news release. The
Company disclaims any intention or obligation to update or revise any forward -looking
information, whether as a result of new information, future events or otherwise, other than
as required by law.
Figure 1 - Locations of the Root Vein and Stockwork
Figure 2 - Plan map showing the surface trace of the channel samples at the Root Vein