Red Pine Exploration (TSXV:RPX) shared new results from its ongoing exploration program. These results have demonstrated a significant expansion in the exploration potential at depth in the Jubilee Shear. The findings have broadened the known area of gold mineralization, filling in previously unexplored gaps within the existing Surluga resource.

Quentin Yarie, President and CEO of Red Pine Exploration commented in a press release: “The intersection of further continuous mineralization is a reminder of our continued positive results from our ongoing exploration program. As we expand our focus in the Jubilee Shear we remain on track for our revised resource in Q3 of 2024.”

Key discoveries include the intersection of notable gold mineralization in the Jubilee Shear, which lies outside the boundaries of the existing resource. One such intersection showed 3.80 grams per tonne (g/t) gold over a length of 36.94 meters. This included higher concentrations of 24.04 g/t gold over 1.71 meters and 46.9 g/t gold over 1.04 meters in drill hole SD-23-456. Further results revealed an extension of mineralization 370 meters down-dip from the existing resource and 400 meters north of the Surluga South discovery. In drill hole SD-23-448, gold was found at a rate of 5.33 g/t over 2.09 meters, approximately 80 meters north of another significant intersection in SD-23-455.

Additionally, the presence of a zone with significant gold mineralization has been supported at depth north of the Surluga South discovery. The findings also include an expansion of the mineralization footprint in the Minto B and Minto C Shear systems above the Jubilee Shear. Notable concentrations include 3.91 g/t gold over 3.90 meters in the Minto C Shear system (SD-23-452) and 1.27 g/t gold over 21.96 meters in a zone of Intrusion-Related Gold System (IRGS) mineralization within the Minto B Shear.

Regarding the ongoing exploration at the Wawa Gold Project, Red Pine is making progress in defining a new or revised resource. Currently, two drills are active on-site, producing about 3,750 meters of core per month. The drilling is focused on the hanging wall of the Jubilee Shear, covering the area of the 2019 resource. Efforts are also being made to explore gaps in the previous resource that were left unexamined.

The potential of finding significant mineralization in these previously unexplored areas has been confirmed by several noteworthy intersections. These include 9.57 g/t gold over 10.95 meters in SD-23-457, 8.01 g/t gold over 32.95 meters in SD-23-451, and 10.92 g/t gold over 28.05 meters in SD-23-442. Drilling is set to continue at the Wawa Gold Property through the summer and fall of 2024. Red Pine has a large number of samples from the exploration program awaiting analysis, with 5,711 samples currently pending assays.

Highlights from the results are as follows:

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

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

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

Red Pine Exploration (TSXV:RPX) has reported new drill results from the ongoing exploration program at the Surluga Deposit, demonstrating the pervasiveness of gold mineralization at over bread areas. This includes intersections in the hanging wall of the Jubilee Shear Zone, Minto B/Jubilee Triangle, and Minto C Shear System located east of the Minto B Shear Zone. 

The company’s latest news builds on previous results from the exploration program at the Surluga resource, with further identification of new mineralization structures in the Nyman-Grace mineralized system setting new targets for the program. 

Quentin Yarie, President and CEO of Red Pine Exploration commented in a press release: “As we begin our 2023 program focused on resource growth, we continue to evaluate the potential of a hybrid open pit/underground constrained resource (Press release December 06, 2022). In the attached cross section, the continuity of gold mineralization within the Jubilee shear is apparent at lower cut-offs that may be conducive to a shallow open pit with a potential of adding tonnage and ounces to the existing Surluga deposit. Our focus for 2023/24 remains to be an increase in the resource(s) on the Wawa Gold Project.”

Highlights from the results are as follows:

• Significant intersections in the Minto B/Jubilee Triangle (Figure 1) confirm the presence and continuity of gold mineralization in the area where the two structures Minto B and Jubilee shear are converging.
  • 0.83 g/t gold over 72.06m in SD-22-404 (Figure 2)
    • Includes 1.65 g/t gold over 29.17m including 6.64 g/t gold over 5.87m in the Minto B Shear Zone
  • 0.66 g/t gold over 128.85 m in SD-22-417 (Figure 3)
    • Includes 3.28 g/t gold over 8.44m in the Jubilee Shear Zone

Several shallow mineralized intersections in the Minto C Shear System located east of the Minto B Shear Zone.

• Includes 1.75 g/t gold over 8.26m including 10.9 g/t over 1.05 m in SD-22-404

• Extension of the Surluga North Vein Network 105 m east of the intersection in SD-22-396 in SD-22-405
  • Includes 2.56 g/t gold over 1m in SD-22-405 and 4.3 g/t gold over 1.48m in SD-22-403
• Gold mineralization is proven to extend 450m down-dip of the resource boundary in the Surluga North area at the northern limit of the current Surluga resource.

• Multiple mineralized intersections in the Jubilee Shear system south of the Parkhill Fault
  • Includes the intersection of 5.81 g/t gold over 1.49 m in JS-22-398
  • Support the persistence of gold mineralization in that underexplored segment of the Jubilee shear system
• Identification of new mineralized structures in the Nyman-Grace mineralized system.
  • New results indicate the persistence of the Grace Shear Zone beyond the area where it was mined in the early 20th century.
  • New mineralized structures discovered in DG-22-338 north of the Grace Shear Zone

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

Assay results presented over core length. True width for the intersections varies between 35 to 90% depending on the intersected geological structure

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.