Exploration Discovers Gold In Hanging Wall of the Surluga Deposit

 

TORONTO, ON - Red Pine Exploration Inc. received results for holes sampled as part of its sampling program of historic core at its Wawa Gold Project in Ontario. The Company has also resumed drilling as part of its on-going exploration program.

Quentin Yarie, President and Chief Executive Officer of Red Pine said, "We are quite pleased that the historic core sampling program continues to discover broad zones of gold mineralization in the hanging wall of the Surluga Deposit. This validates our hypothesis that the knowledge gaps the previous operators had on the controls of gold mineralization at Surluga resulted in numerous sampling gaps in the mineralized zones. Our newest sampling has uncovered an intersection that contains 3.29 g/t gold over 10.09 meters (intersection length) and we are optimistic that our historic core sampling program will have a positive impact on the gold zones of the hanging wall of the inferred resource(1) and improve the potential of the Wawa Gold Project."

The on-going diamond drill program is focussed on expanding the Surluga Deposit to the north. Hole SD-16-40 targeted the Wawa Gold Corridor near the shaft of the historic Surluga mine. Hole SD-16-41 and SD-16-42 targeted the Wawa Gold Corridor at the northern end of the inferred resource. Hole SD-16-43 is 525 meter step out to the north of the inferred resource in the Wawa Gold Corridor. Holes SD-16-44 and SD-16-45 targeted the area where the historic core sampling program discovered un-sampled core containing 109 g/t gold over 0.86 meter.

Drilling of hole SD-16-45, which targeted the interpreted extension of a high-grade zone in the northernmost extension of the Surluga Deposit, resumed this week as it was stopped in a network of quartz veins rich in pyrite and pyrrhotite. Hole SD-16-45 successfully intersected the Jubilee Shear Zone, 40 meters up-dip of SD-16-44, along the same section. In the Jubilee Shear Zone, visible gold was observed at four different locations at 148.1 meters, 153 meters, 155.88 meters and 160.72 meters.