Red Pine Intersects 40.07 g/t Gold Over 1.18 Meters at the North End of Surluga and Presents Additional Results from Darwin-Grace
Red Pine Intersects 40.07 g/t Gold Over 1.18 Meters at the
North End of Surluga and Presents Additional Results from
Darwin-Grace
TORONTO, ONTARIO – March 30, 2022 – Red Pine Exploration Inc. (TSXV: RPX,
OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report on new results from
its 2022 Phase 1 exploration program, which have provided confirmation of potential to
expand the current resource models of the Wawa Gold Project. Of significance is an
intersection of quartz veining with visible gold in hole SD-22-321, located at the north end
of Surluga, above the Jubilee Shear Zone. Intersections in holes SD-22-326 and SD-22-
337 of the same system also contain visible gold (assays pending). Refer to Figure 1.
Table 1 – Quartz veining above the Jubilee Shear Zone*
Hole From (m)
To Length
(m)*
Visible
Gold Gold (g/t) Zone
(m)
SD-22-321
219.79 226.21 6.42 Yes 8.46
Surluga North - Quartz vein
network Including
225.03 226.21 1.18 40.07
Grace-Nyman Gold System: Extension of mineralization in the G race Shear Zone,
Nyman Shear Zone and the discovery of a new mineralized structure
Drilling in the Grace-Nyman gold system , host of the historical Darwin -Grace mine ,
continues to uncover new mineralized structures (refer to Figure 2 ). Red Pine’s 2022
Phase 1 exploration program has now traced gold mineralization along the Grace Shear
Zone over a total strike length of 650 meters.
East of the Darwin -Grace Mine, hole DG -22-329 discovered a shear zone containing a
quartz vein with visible gold. That same structure was intersected in additional drill holes
completed on the same drill pad . Hole SD-22-329 also extended the footprints of gold
mineralization in the Nyman Shear Zone 210 meters along strike of the intersection of
11.47 g/t gold over 2.73 meters in that structure in DG -22-317 (refer to press release
dated March 16th, 2022).
Figure 1 – Surluga North and Jubilee Shear Zone
“The consistent drilling success of the Wawa Gold Project demonstrates the continuity of
the system with both high-grade and bulk underground components. These recent results
demonstrate the advancement of ou r knowledge and data collection of the system, in
addition to the pervasive mineralization throughout the Wawa Gold Corridor. With our
2022 Phase 1 drill program well underway, further assays pending and encouraging
visible gold indicators in 5 holes as of the time of this press release , we look forward to
sustained performance with the drill bit.” - Quentin Yarie, President and CEO of Red Pine
Exploration.
Figure 2 – Darwin-Grace Gold Mineralization Expansion
Table 2 – Expansion of gold mineralization in the Darwin-Grace hosts*
Hole From (m) To
(m)
Length
(m)*
Visible
Gold Gold (g/t) Zone
DG-22-327
95.10 97.23 2.13 Yes 5.35
Grace Shear Zone Including
95.10 96.19 1.09 Yes 10.00
DG-22-329
51.68 53.68 2.00 Yes 6.60
Shear Zone Including
52.68 53.68 1.00 Yes 13.14
129.00 134.34 5.34 0.89 Nyman Shear Zone
Wawa Gold Corridor Expansion: Discovery of multiple zones of gold mineralization
west of the Jubilee Shear Zone
Hole SD -21-310 discovered multiple zones of gold mineralization west of the Jubilee
Shear Zone in the Wawa Gold Corridor. This includes the discovery of 9.30 g/t gold over
3.08 met ers, 300 mete rs west of the Jubilee Shear Zone. These intersects of gold
mineralization are hosted in a network of shear zones outside of the Jubilee Shear zone
and extend the footprint of gold mineralization in the Wawa Gold Project, refer to Figure
1.
Table 3 – Additional Drilling Highlights in the Wawa Gold Corridor* (refer to Figure 4)
Hole From
(m)
To
(m)
Length
(m)*
Est. True
Width (m)
Visible
Gold
Gold
(g/t) Zone
SD-21-309
334.34 334.83 0.49 Yes 4.27 Quartz vein
362.96 365.62 2.66 1.89 4.36
Minto Mine Shear Zone Including
363.59 364.27 0.68 0.48 16.40
484.37 484.87 0.50 7.10 Shear zone
SD-21-310
112.31 125.49 13.18 1.18
Wawa Gold Corridor west of
Jubilee Shear Zone – Zone 1 Including
115.35 119.3 3.95 3.60
Hole From
(m)
To
(m)
Length
(m)*
Est. True
Width (m)
Visible
Gold
Gold
(g/t) Zone
SD-21-310
158.14 202.33 44.19 0.48
Wawa Gold Corridor west of
Jubilee Shear Zone – Zone 2
Including
158.14 159.74 1.60 2.56
188.17 202.33 14.16 1.04
312.41 315.49 3.08 9.30
Wawa Gold Corridor west of
Jubilee Shear Zone – Zone 3 Including
314.54 315.49 0.95 25.95
* Assay results presented over core length are estimated to represent:
> 75% true width in the Grace Shear Zone, the Nyman Shear Zone, the shear zones in SD-21-
309 and DG-22-329, Zones 2 and 3 of the Wawa Gold Corrido r;> 65% true width in the Surluga
North – Quartz vein network and Zone 1 of the Wawa Gold Corridor.
All drilling data for the Wawa Gold project, including collar, survey, and individual assays, is
available on Red Pine’s website at https://www.redpineexp.com/projects-wawa
Figure 3 – Grace-Nyman Gold System
Figure 4 – Surluga South and Minto Mine Shear Zone
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 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 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 explor ation company headquartered in Toronto,
Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange
under the symbol "RPX" and on the OTCQB Markets under the symbol “RDEXF”.
The Wawa Gold Project is in the Michipicoten Greenstone Belt o f 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 De tour 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]