Red Pine Exploration: Planning to Drill 25,000 to 40,000 meters
Canadian gold explorer advancing its Wawa Gold Project in Ontario
Red Pine Exploration (TSXV: RPX, OTCQB: RDEXF) is a junior gold explorer strategically positioned in Ontario’s Tier 1 Michipicoten Greenstone Belt, actively exploring its 100% owned Wawa Gold Project through a focused and sustained 25,000-meter drill program planned from January into July 2022. The company aims to continue its drilling across primary resources, Surluga and Minto Mine, proving depth extension, as well as other high-priority greenfield targets, with a strategy to advance its Wawa Gold Project to maximize shareholder value through data acquisition, compilation and interpretation.
Wawa Gold Project:
Red Pine previously issued a 43-101 technical report for the Wawa Gold Project that includes over 700,000 ounces gold for the Surluga Deposit and the Minto Mine South Deposit combined, at an average grade of > 5 g/t (both Indicated and Inferred) (May 31, 2019). The Wawa Gold Project has a multi-million-ounce potential across a 6,986 hectare property that exhibits a clean brownfield status, strong expansion potential and historical production with existing historical underground infrastructure in place. Both resources, Surluga and Minto Mine, appear to be open along strike and at depth, principally located between the surface and 350 meters vertical depth, along with other untested surrounding high-priority targets. The Company is strengthening its position as a major player in mineral exploration and development in the Michipicoten region, following successful 2021 drill results that confirmed gold mineralization extension beyond the footprint of existing resources and high-grade intercepts, see 2021 press releases here: https://www.redpineexp.com/2021.
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