Red Pine Stakes Additional Claims, Increases Area of Wawa GOLD Project
NEWS RELEASE
February 17, 2017
RED PINE STAKES ADDITIONAL CLAIMS, INCREASES AREA OF
WAWA GOLD PROJECT
Toronto, Ontario – February 17, 2017 - Red Pine Exploration Inc. (TSX-V: RPX) (“Red
Pine” or “the Company”) announces that it has staked an additional 194 hectares adjacent
to its Wawa Gold Project, bringing its total land package to 5,373 hectares (Figure 1).
The staked ground appears to be an extension of the structure hosting the Golden Reed
Mine which operated in 1907 and 1908 (calculated grade of production of 2.3 oz/ton -
78.66 g/t gold1). Exploration work conducted in the 1990’s identified gold-bearing veins
in the area. A grab sample taken from a three foot wide quartz vein contained 31.12 g/t
gold2 and a sample with 8.676 g/t gold3 appears to show that the gold is hosted in a shear
zone.
Quentin Yarie, President and CEO of Red Pine, stated, "We are pleased to have this
additional area staked. We believe that the Golden Reed Mine is possibly located along a
shear zone similar to the Wawa Gold Corridor. Our newly staked area may be located within
its extension and there is potential for additional gold mineralization in the area.”
Figure 1. Location map of newly staked ground
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 E xploration 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]
1http://www.geologyontario.mndmf.gov.on.ca/gosportal/gos?command=mndmsearchdetails:mdi&uuid=MDI
41N15NE00070
2Report of a 1993 Work Program on the Golden Reed Prospect, McMurray Township, Ontario, Joan M. Barry,
January 1994
3Summary report –Firesand Carbonatite Diamondiferous Study, Geological, Magnetics, Electromagnetics.
Backhoe Bulk Testing, Lastheels A McMurray Townships. Northern Ontario, NTS-42C/2, F.T. Archibald, May
1999.
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
statements by terminology such as “may”, “should”, “expects”, “plans”, “anticip ates”, “believes”, “estimates”,
“predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These
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may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially
different from any future results, levels 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. Th e 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.