
Red Pine Exploration Inc. (TSX-V: RPX, OTCQB:RDEXF) is pleased to announce additional results from the recent near surface drilling program designed to better define gold mineralization in the area of a potential open pit at the Wawa Gold Project (See Press Release dated May 8, 2025).
Drilling Highlights (Table 1 and Figure 1)
84.20 g/t Au over 1.00 m in hole SD-25-573
o 4.42 g/t Au over 18.99 m, including 40.20 g/t Au over 1.02 m in hole SD-17-172
o 3.08 g/t Au over 16.72 m, including 40.20 g/t Au over 1.00 m in hole SD-24-520
o 65.60 g/t Au over 1.12 m in hole SD-24-521
o 9.03 g/t Au over 14.00 m, including 54.40 g/t Au over 2.00 m in hole SD-25-581
Michael Michaud, President and CEO of Red Pine commented: “We are excited by these near surface drill results that continue to identify higher grades within the Jubilee Shear Zone. With the drilling for the updated mineral resource estimate now completed, we are moving forward to completing a preliminary economic assessment in the first half of 2026.
At the same time, metallurgical, geotechnical, and baseline work is underway to support permitting. Our next drill phase to further expand near-surface gold mineralization is set to begin shortly.
With funding in place to complete the PEA, we are on track in our work to unlock significant value as we advance toward production and transition from explorer to producer in today’s strong gold price environment.”
Drilling Program
Red Pine recently completed its diamond drilling program comprised of 69 drill holes for 24,531.19 m, that commenced in November 2024. A total of 14 drill holes aggregating to 2,533.10 m of drilling are included in this release (Figure 1). The Company has now received all of the gold assay results for an updated independent mineral resource estimate currently underway by WSP Canada Inc. and to be disclosed in the pending PEA.
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. The Company’s 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 of Ontario, a region that has seen major investment by several producers in the last five years. The Company’s land package hosts numerous historic gold mines and is over 7,000 hectares in size. Red Pine is building a strong 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:
Michael Michaud, President and Chief Executive Officer, at (416) 364-7024 or
mmichaud@redpineexp.com
Or
Manish Grigo, Director of Corporate Development, at (416) 569-3292 or mgrigo@redpineexp.com
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