Red Pine Exploration Inc. is pleased to report new drilling results from its ongoing exploration program. The new results extend gold mineralization of significance in the footwall of the Jubilee Shear as a direct follow-up on hole SD-23-430 that intersected 1.33 g/t gold over 100.99 metres. Testing of the Wawa Gold Corridor west of the Jubilee [...]
Red Pine Exploration Inc. reports new drilling results from its ongoing exploration program. The new results validate that drilling around the boundaries of the 2019 resource in the Jubilee can extend the high-grade core of the Jubilee Shear Zone and continue to expand the footprints of mineralization in the gold zones overlying the Jubilee Shear [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into a net smelter return royalty agreement with Franco-Nevada Corporation for the purchase and sale of a 1.5% net smelter return royalty on its Wawa Gold Project located in Ontario for immediate cash proceeds to the Company of C$6,750,000. Proceeds from the sale of the Royalty [...]
Red Pine Exploration Inc. reports new drilling results from its ongoing exploration program. The new results validate the presence and continuity of gold mineralization in the Sadowski Vein Network . There is confirmation of significant gold mineralization continuity in the Sadowski Vein Network located above the Jubilee and the Minto Mine shears [...]
Red Pine Exploration Inc. 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 [...]
Red Pine Exploration Inc. reports that a transient magnetotelluric survey that was conducted for Red Pine in May 2017 on the Surluga project has been reinterpreted. One-hundred and thirty-seven stations were collected with a station and line spacing of 300 metres. In 2017 a three-dimensional inversion of the phase-tensor, tipper and horizontal [...]
Red Pine Exploration Inc. - Figure 1. As part of the spring 2023 drilling program, Red Pine tested the intrusion-related gold system and a series of extensional veins in the Wawa Gold Corridor west of the Jubilee Shear . Drilling results show significant gold mineralization associated with extensional vein networks in the footwall and hanging wall [...]
Red Pine Exploration Inc. outlines its planned 2023 exploration program. The anticipated program follows the success of our 2021-22 drill programs and will focus within and around the Surluga and Minto deposits areas. Specifically, those areas that have the greatest potential to increase the anticipated updated resource. Proposed exploration [...]
Red Pine Exploration Inc. announces that its Board of Directors has granted an aggregate 1,723,400 stock options to directors, officers, employees and consultants of the Corporation pursuant to the Stock Option Plan. Each stock option is exercisable into one common share of the Company at a price of $0.20 CAD per common share. The stock options [...]
Red Pine Exploration Inc. is pleased to report new drilling results from its ongoing exploration program. The new results continue to indicate that broad zones of gold mineralization exist in the hanging wall and footwall of the Jubilee Shear in geological structures that were sparsely tested by historic drilling programs. Hanging wall of the [...]
Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced "best efforts" private placement for gross proceeds of approximately $7.745 million, including full exercise of the Agents' Option . The Offering consisted of: 5,675,000 units of the Company at a price of $0.20 per Unit ; 11,538,230 tranche 1 flow-through [...]
Red Pine Exploration Inc. , further to its news releases of March 31, 2023, is pleased to announce that Merk Investments LLC has expressed its interest in participating in the Company's previously announced private placement . It is anticipated that Merk will purchase securities under the Upsized Offering such that it will own approximately 9.9 [...]