• Red Pine Exploration (RPX) has reported a significant gold intersection from its 2021 drilling program in the Surluga South discovery area of its Wawa Project in Ontario
  • Quentin Yarie, President and CEO of Red Pine Exploration sat down with Caroline Egan to highlight the findings
  • The Surluga South discovery is now extending up to 500 metres down-dip from the boundary of the current mineral resource of the Surluga Deposit
  • Red Pine Exploration Inc. is a gold exploration company
  • Red Pine Exploration Inc. (RPX) is up 1.92 per cent, trading at C$0.53 per share at 12:15 pm ET

Red Pine Exploration (RPX) has reported a significant gold intersection from the 2021 drilling program at its Wawa Project in Ontario.

Quentin Yarie, President and CEO of Red Pine Exploration sat down with Caroline Egan to highlight the findings.

The Surluga South discovery is now extending up to 500 metres down-dip from the boundary of the current mineral resource of the Surluga Deposit. The mineralized gold intersection in SD-21-302 is located at a vertical depth of 590 meters, approximately 30 metres up-dip from 25.73 g/t Au over 4.78 metres (estimated true width) intersected in hole SD-21-298A.

Highlights of the 2021 drilling program

  • 3.08 g/t Au over 55.66 metres estimated true width (TW) in the Jubilee Shear Zone includes three higher grade intervals of:
    • 27.21 g/t Au over 3.81 metres (TW), including 95.36 g/t over 0.92 metre (TW).
    • 4.31 g/t Au over 10.10 metres (TW), including 26.64 g/t over 0.93 metre (TW) and 7.78 g/t over 0.93 metre (TW).
    • 5.98 g/t Au over 2.30 metres (TW) including 13.54 g/t over 0.75 metre.

Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto. The Wawa Gold Project is in the Michipicoten greenstone belt of Ontario, a region that has seen major investment by several producers in the last five years. Its land package hosts numerous historic gold mines and is over 6,900 hectares in size.

Red Pine Exploration Inc. (RPX) is up 1.92 per cent, trading at C$0.53 per share at 12:15 pm ET.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

@ the Bell: TSX powers through to close week higher

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led…

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.