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Sunday, February 5, 2023

Nw: Red Pine drills 5.13 g/t gold over 37.47 metres at Wawa, Ont.

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Red Pine Exploration Inc.on Friday launched extra results from continuing exploration at its the Wawa Gold venture in northern Ontario.

The Wawa venture covers over 5,500 hectares and hosts several aged mines with mixed historic production of 120,000 ounces of gold.

Drilling in 2021 and 2022 confirmed the presence of an limitless gold blueprint on the Wawa venture.

Two mineral deposits (Surluga and Minto Mine South) bear an estimated NI 43-101-compliant resource of 1.3 million tonnes of grade 5.47 g/t gold or 230,000 ounces within the indicated class and a pair of.7 million tonnes at 5.39 g/t gold or 471,000 ounces within the inferred class.

Exploration drilling outdoors of the most fresh mineral resources has successfully expanded excessive-grade gold mineralization and demonstrated the replacement of persevered expansion of the mineral resource.

Highlights from over 47,000 metres of drilling within the previous two years embody affirmation of the presence of gold mineralization within the Jubilee Shear Zone, host of the Surluga Deposit, over 6.5 kilometres in strike length. That’s up from the conventional 1.84 kilometres

Highlights from the most fresh results presented on Friday embody Hole SD-22-396 which intersected critical mineralization within the Surluga North vein network above the Jubilee Shear Zone (placing wall) of the most fresh resources at Wawa. It returned 5.13 g/t gold over 37.47 metres, including 25.20 g/t gold over 3.41 metres.

“These results from the Surluga North Vein Community demonstrate that critical mineralization exists within the placing wall of the Jubilee Shear Zone and validates the replacement of a hybrid pit and underground venture,’’ talked about Red Pine President and CEO Quentin Yarie. “The placing wall of the Jubilee Shear Zone remains unexplored to the north of the intersection in SD-22-396, leaving Surluga North Vein Community open for further extension in direction of the intersection of a comparable network of quartz-tourmaline veins 610 metres north in SD-16-43,” he talked about.

Other intersections of significance within the Surluga North Vein Community that have beforehand been launched embody: 8.46 g/t gold over 6.42 metres in SD-22-321 located 200 metres southwest of SD-22-396, and 11.19 g/t gold over 2.61 metres in SD-22-326 located approximately 200 metres west, southwest of SD-22-396.

The firm talked about it is miles funded to proceed drilling in 2023 at the Surluga deposit with a spotlight on infilling known gaps inner the Surluga building, besides because the definition of mineralization within the placing wall above the resource. It also talked about Alamos Gold has validated the venture by continuing to take part in financings. “The exploration myth continues to unfold with a known strike length that has tripled since 2021 and demonstrates that the Surluga and Minto resources are open down-dip and down-plunge,’’ Yarie has talked about.

Red Pine honest no longer too long ago talked about over 2,000 gold assays are pending and it expects persevered shut to length of time records waddle receipt of approximately 300 assays per week.

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