Red Pine Intersects 3.08 g/t Gold over 55.66 metres at its New Discovery on the Wawa Project
Red Pine Intersects 3.08 g/t Gold over 55.66 metres at its New
Discovery on the Wawa Project
Toronto, Ontario – November 8, 2021 – Red Pine Exploration Inc. (TSX-V: RPX) (“Red
Pine” or the “Company”) is pleased to report a significant gold intersection from its 2021
drilling program in the Surluga South discovery area of its Wawa project in Ontario.
The Surluga South discovery is now extending up to 500 metres down-dip from the
boundary of the current mineral resource of the Surluga Deposit. The mineralized gold
intersection in SD-21-302 is located at a vertical depth of 590 meters, approximately 30
metres up-dip from 25.73 g/t Au over 4.78 metres (estimated true width) intersected in
hole SD-21-298A (announced on September 20, 2021).
Highlights of the 2021 Drilling Program (Tables 1 and 2, Figures 1 and 2)
• 3.08 g/t Au over 55.66 metres estimated true width (TW) in the Jubilee Shear
Zone includes three higher grade intervals of:
o 27.21 g/t Au over 3.81 metres (TW), including 95.36 g/t over 0.92 metre
(TW).
o 4.31 g/t Au over 10.10 metres (TW), including 26.64 g/t over 0.93 metre
(TW) and 7.78 g/t over 0.93 metre (TW).
o 5.98 g/t Au over 2.30 metres (TW) including 13.54 g/t over 0.75 metre.
• Visible gold observed in several holes (assays pending) completed in the Surluga
South discovery, Surluga North extension and the Sadowski vein.
“The on -going d rilling in our Surluga South discovery within the Jubilee Shear Zone
continues to produce impressive results. The mineralized intersection in SD-21-302
indicates that thick zones of gold mineralization exist in our Surluga South discovery,
and that these zones can reach an overall grade and thickness comparable to those
forming the core of the current mineral resource of the Surluga Deposit. ” – Quentin
Yarie, President and CEO.
Figure 1- 2021 Drill Holes Completed
Current Drilling Program
As part of its on -going 2021 drilling program, Red Pine is testing the northern and
southern extensions of the Surluga Deposit, and the extension of the Minto Mine
Deposit beyond the footprints of their respective mineral resources. One rig is drilling at
the northern end of the Surluga Deposit and the second rig is drilling at the southern
end of the Surluga Deposit, testing the Minto Mine Shear Zone and the newly identified
Sadowski Gold Zone. Drill production is also continuing to improve on the project and
the third drill, which will initially be positioned in the Darwin -Grace-Nyman greenfield
target, is scheduled to start next week.
At the southern end of the Surluga Deposit, holes SD -21-296A, 29 7A, 298A
(respectively announced on August 12, 2021 and September 20, 2021), 302 and 305A
(assays pending) have successfully intersected the Jubilee Shear Zone, up to 500
metres away from the boundary of the Surluga Deposit mineral resource. Visible gold
has been observed in hole SD -21-305A (assays pending) in one quartz vein in the
Jubilee Shear Zone.
Significant mineralization was intersected in hole SD-21-298A in the Minto Vein, down-
dip of the Minto Mine deposit (announced on September 2, 2021). Drilling is expected
to start shortly to define the size and extent of this new zone of gold mineralization.
In the Sadowski zone, visible gold was observed in a quartz vein in hole SD -21-305A
(assays are pending) , approximately 65 metres along strike of the Sadowski vein
intersections in SD-21-296A, 297A and 298A (announced on July 19, 2021, September
2, 2021 and September 20, 2021).
At the northern end of the Surluga Deposit, the on-going drilling program indicated that
the Jubilee Shear Zone extends down -dip of the current limit of the inferred resource.
This is supported by the results from holes SD-21-299 and SD-21-301 (announced on
September 20, 2021) that confirm the extension of gold mineralization in the Ju bilee
Shear Zone beyond the current inferred resource of the Surluga deposit. The Jubilee
Shear Zone was also successfully intersected in holes SD-21-304, 306 and 308 (assay
pending for these holes), with visible gold observed in hole SD-21-308 in two quartz
veins, SD-21-303 intersected with 2.27 g/t Au over 2.73m. Assays are pending for the
balance of hole SD-21-303.
Table 1 – Significant Drilling Intersections from the 2021 Drilling Program in the
Surluga South discovery (includes Jubilee Shear Zone results from SD-21-298A)
Hole From
(m)
To
(m)
Length
(m)*
Est. True
Width (m)
Visible
Gold
Gold
(g/t) Zone
SD-21-298A
(released
Sept. 20,
2021)
609 610.38 1.38 1.27 9.64
Jubilee Shear Zone (South)
661.65 666.85 5.20 4.78 Yes 25.73
Including
661.65 662.65 1.00 0.92 Yes 45.80
664.75 666.85 2.10 1.93 Yes 41.73
698.04 703.03 3.96 3.64 0.68
SD-21-302
60.63 62 1.37 1.84 Quartz vein
614.15 674 59.85 55.66 Yes 3.08
Jubilee Shear Zone –
Surluga South discovery
Including
614.15 625.01 10.86 10.10 Yes 4.31
Including
614.15 615.15 1 0.93 Yes 26.64
618.9 619.9 1 0.93 7.78
636.13 638.6 2.47 2.30 5.98
Including
636.13 636.95 0.82 0.76 3.43
636.95 637.76 0.81 0.75 13.54
649.6 653.7 4 3.81 Yes 27.21
Including
649.6 650.59 0.99 0.92 Yes 95.36
652.75 653.7 0.95 0.88 17.82
670.08 674 3.92 3.65 2.00
Including
672 673.02 1.02 0.95 3.98
SD-21-303 171.54 173.81 2.27 2.73 Quartz vein
* Results in zones labelled Quartz vein and Disseminated sulfides are presented as core length as they represent
new mineralized zones discovered in the Jubilee Stock with an unknown geometry and exploration potential.
Additional drilling is necessary to estimate the true width of those zones of mineralization.
Figure 2- Depth Section of the Jubilee South Drilling, at 500 metres below surface
Table 2 - Coordinates of the Reported Holes
Hole ID Easting Northing Elevation Azimuth
(start)
Dip
(Start)
Final
Depth (m) Area Status
SD-21-
298A 668546 5315425 361 272 74 729 JSZ South Completed
SD-21-
302 668536 5315448 361.6 268 73 735 JSZ South Completed/ 139
samples pending
SD-21-
303 668581 5317216 390.9 324 72 498 JSZ North Completed/ 166
samples pending
SD-21-
304 668581 5317216 390.9 300 70 390 JSZ North Completed /
assays pending
SD-21-
305 668474 5315394 353.15 282 83 36 JSZ South
Abandoned
because of
deviation
SD-21-
305A 668474 5315394 353.15 284 83 705 JSZ South Completed /
assays pending
Hole ID Easting Northing Elevation Azimuth
(start)
Dip
(Start)
Final
Depth (m) Area Status
SD-21-
306 668639 5317299 395.8 296 50 390 JSZ North Completed /
assays pending
SD-21-
307 668474 5315394 353.15 303 72 N/A JSZ South Still drilling /
assays pending
SD-21-
308 668639 5317299 395.8 296 75 N/A JSZ North Still drilling/
assays pending
Figure 3- Long Section at Southern Extension of Surluga Resource
Figure 4- Long Section at Northern Extension of Surluga Resource
On-site Quality Assurance/Quality Control ("QA/QC") Measures
Drill core samples are transported in security sealed bags for analyses at Actlabs in
Ancaster, Ontario. Individual samples are labelled, placed in plastic sample bags and
sealed. Groups of samples are then placed into durable rice bags and then shipped.
The residual 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. and Chief Executive Officer of Red Pine and the Qualified
Person, as defined b y 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 exploration compan y headquartered in Toronto,
Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange
under the symbol "RPX".
The Wawa Gold Project is in the Michipicoten greenstone belt of Ontario, a region that
has seen major investment by several producers in the last five years. Its land package
hosts numerous historic gold mines and is over 6,900 hectares in size. The Company’s
Chairman of the Board is Paul Martin, the former CEO of Detour Gold. The Board has
extensive and diverse experience at such entities as Alamos, Barrick, Generation
Mining, Detour Gold and Paramount Gold Nevada Corp. Led by Quentin Yarie, CEO,
who has over 25 years of experience in mineral exploration, Red Pine is strengthening
its position as a major mineral exploration and development player in the Michipicoten
region.
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, report effective August 18, 2021