Red Pine Exploration Inc. (TSX-V: RPX) (OTCQB: RDEXF) reports new drilling results from its ongoing exploration program. The new results validate the presence and continuity of gold mineralization in the Sadowski Vein Network (Figure 1).

There is confirmation of significant gold mineralization continuity in the Sadowski Vein Network located above the Jubilee and the Minto Mine shears (Figures 2 and 3):

• Near-surface intersection of 2.64 g/t gold over 25.61 metres in SD-23-437 that includes 34.64 g/t Au over 1.75 metres (Figure 3) approximately 40 metres down-dip of the intersection of 52.12 g/t gold over 2.29 metres in SD-22-350 (see press release May 16, 2022)
• Adjacent near-surface intersection contains 1.36 g/t gold over 11.02 metres including 27.1 g/t gold over 0.50 m in SD-23-436 (Figure 3)

The Sadowski Vein Network and the presence of near-surface gold mineralization is further confirmed with diamond drilling over a strike length of 150 metres with the intersection of 4.95 g/t gold over 1.00 metres in SD-23-438 (Figure 2).

Surface grab samples acquitted in the 1990s from Van Ollie Exploration containing between 2.06 g/t Au and 13.38 g/t Au indicate the presence of mineralization associated with quartz veins up to 160 metres east of the currently drill-tested footprints of the Sadowski Vein Network (AFRI 41N15NE0011) This suggests a potential strike length exceeding 300 metres for the Sadowski Vein Network (Figure 2). Mineralization is now known to extend between surface and approximately 90 m vertical depth in the Sadowski Vein Network.

The reader is cautioned that the results are historical in nature and that the Qualified Person has not done enough to verify the historical results and that grab samples are selective by nature and are not representative of the actual grade of the tested mineralization.

Quentin Yarie, President, and CEO of Red Pine Exploration comments:

“The latest results from the testing of the Sadowski Vein Network confirms the potential to add further mineralization in the hanging wall of the Minto Mine and Surluga Deposits. Our drilling also continues to extend the vein system to the east and illustrates the additional potential of the extensional vein networks forming significant zones of mineralization around our two deposits.”

Table 1 – Highlights from drilling in the Sadowski Vein Network (Figure 1)

Quality Assurance/Quality Control Measures

Drill core samples were transported in security sealed bags for analyses to 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 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.

About Red Pine Exploration Inc.

Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. 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. 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.

Figure 1 – Mineralized Zones on the Wawa Gold Project, showing the location of the current drill results

Figure 2 – Sadowski Vein Network drilling results up to 50.7 g/t Au from 2023 with 1990 Van Ollie Exploration

Figure 3 – Cross-Section of the 2023 Sadowski Vein Network drilling in the Hanging Wall of the Surluga Deposit