Red Pine drills 17.49 g/t gold over 5.82 metres at Minto, Ontario

Red Pine Exploration Inc. [RPX-TSXV; RDEXF-OTC] reported new results from its 2022 phase 1 exploration program in the Minto mine south deposit, part of the 100%-owned Wawa gold project, northern Ontario. Red Pine drilling continues to increase the footprint of mineralization within the Minto mine south deposit.

The company intersected 17.49 g/t gold over 5.82 metres, including 50.12 g/t gold over 1.93 metres, in a gap in the current resource of the Minto mine deposit in SD-22-377.

The intersection is located 30 metres up plunge of the intersection of 68.71 g/t gold over 4.72 metres in SD-22-373.

The company intersected 21.1 g/t gold over 3.25 metres, including 44.63 g/t gold over 1.25 metres, in the Minto stockwork surrounding the Minto vein in SD-22-373.

Visible gold was observed in SD-22-371, which infills a gap in the current resource of the Minto mine deposit (assays pending).

Quentin Yarie, president and CEO, commented: “The Minto mine drilling results demonstrate that the current Minto mine resource is likely of higher grade than currently calculated. Increased drill density of the Minto mine south deposit is mitigating the nugget affect we are conscious of. These recent drill results represent an important step forward on our progress expanding the current resources at the Wawa gold project. Based on our results, the high-grade Minto mineralization could very well become an exciting focal point for Red Pine.

“With continued drilling success, we anticipate updating the Minto mine south resource in the following fiscal year.”

Red Pine continued to infill strategic gaps in the current resource of the Minto mine deposit. In SD-22-377, high-grade gold mineralization was intersected in a gap in the Minto resource 30 metres up plunge of the intersection of 68.71 g/t gold over 4.72 metres in SD-22-373. In addition, SD-22-373 identified a network of high-grade quartz veins above the Minto mine shear zone. In SD-22-371, located down plunge of the intersection in SD-22-373, visible gold was observed in the Minto vein, but assays remain pending.

Red Pine is actively continuing its exploration program. The company is awaiting results from Surluga North, Surluga South and the Jubilee shear zone to the south of the Parkhill fault.

The Wawa gold project is in the Michipicoten greenstone belt of Ontario, a region that has seen major investment by several producers in the past five years. Its land package hosts numerous historical gold mines and is over 6,900 hectares in size.