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Red Pine Continues to Expand and Follow New Zones of Gold Mineralization West of the Jubilee Shear – drills 6.15 g/t Au over 11.67 m

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Red Pine Continues to Expand and Follow New Zones of Gold Mineralization West of the Jubilee Shear – drills 6.15 g/t Au over 11.67 m

 

 

 

 

 

Red Pine Exploration Inc. (TSX-V: RPX) (OTCQB: RDEXF) reports drilling results from its ongoing exploration program. The new results continue to validate the presence of multiple zones of mineralization in the Wawa Gold Corridor west of the Jubilee Shear and within the intrusion related gold system. Mineralization was also extended in the Sadowski Vein Network and in new mineralization zones east of the Jubilee Shear.

  • Mineralization extends in the Footwall of the Jubilee Shear in the Wawa Gold Corridor (Figures 1 and 2)
    • Confirmation of gold mineralization west of the Jubilee Shear in the intrusion-related gold system, in zones of orogenic overprint and the extensional vein networks
      • Near-surface discovery in a zone of orogenic overprint of 6.15 g/t gold over 11.67 m in SD-23-434 that includes 11.16 g/t Au over 5.93 m (Figure 3)
      • Extension of intrusion-related gold mineralization with the intersection of 1.57 g/t gold over 26.3 meters including 25.74 g/t gold over 1.24 m in SD-23-433
  • Hanging wall of (above) the Jubilee Shear (Figure 1)
    • Sadowski Vein Network
      • Intersection of 6.86 g/t gold over 1.00 meter and 6.03 g/t gold over 1.00 meter indicating that gold mineralization extends laterally

 

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

“The new results from this systematic drill program of the Wawa Gold Corridor (planned for the revised resource) confirms the presence of near-surface and significant gold mineralization west of the Jubilee Shear and lies very close to the 2019 resource of the Surluga Deposit. Mineralization is open in all directions, and we now have additional evidence that high-grade gold zones can be present in the Intrusion Related Gold System.”

 

Table 1– Highlights from drilling in the Wawa Gold Corridor (Figure 1)

 

Hole From (m) To Length (m)* Visible Gold Gold (g/t) Zone
    (m)        
JS-22-375 88.71 89.90 1.19   1.47 Jubilee Shear – South of PH fault
184.03 185.41 1.38   1.27 Jubilee Shear – South of PH fault
SD-23-420 79.58 86.46 6.88   0.95 New Zone East of Jubilee Shear
Including
81.00 82.88 1.88   2.40
370.63 376.54 5.91   0.48 Jubilee Shear
383.3 385.68 2.38   1.03
SD-23-421 84.9 93.44 8.54   0.58 New Zone East of Jubilee Shear
SD-23-423 60.27 61.16 0.89 VG 0.53 Sadowski Vein Network
SD-23-424 57.49 58.49 1.00 VG 6.86 Sadowski Vein Network
71.36 72.36 1.00 VG 6.03
SD-23-432 37.96 42.21 4.25   0.67 Core Shack Vein Network
63.00 66.00 3.00 VG 1.42 Core Shack Vein Network
377.57 380.06 2.49   1.57 Jubilee Vein Network
SD-23-433 11.95 39.62 27.67   1.57 New zone of IRGS/Orogenic overprint
Including
17.00 18.07 1.07   11.00
21.45 23.69 2.24   8.71
190.88 206.14 15.26   0.54 IRGS
239.34 265.64 26.30   1.57
Including
264.4 265.64 1.24   25.74
SD-23-434 15.00 26.67 11.67   6.15 New zone of IRGS/Orogenic overprint
  Including
  17.00 18.20 1.20   14.90
  19.31 22.93 3.62   13.30
  114.11 125.69 11.58   0.85 IRGS
           
  195.00 199.60 4.60   0.90
  213.00 215.17 2.17   1.51

 

Assay results presented over core length. True width for the intersections varies between 50 to 95% depending on the intersected geological structure.

 

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 7,030 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 – Plan Map of the Drilling Results

 

 

Figure 2 – Plan Map of the IGRS in the Footwall of the Surluga Deposit

 

 

Figure 3 – Cross Section of Holes in the IGRS

Posted July 11, 2023

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