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Red Pine Intercepts Significant Mineralization at the Wawa Gold Project, Including 5.34 G/t Over 13.39 Metres Including 16.50 G/t Gold Over 0.97 Metre and 13.62 G/t Gold Over 2.13 Metres

Red Pine Intercepts Significant Mineralization at the Wawa Gold Project, Including 5.34 G/t Over 13.39 Metres Including 16.50 G/t Gold Over 0.97 Metre and 13.62 G/t Gold Over 2.13 Metres

Red Pine 在 Wawa 金礦項目中截獲了大量礦化物質,包括在 13.39 米處的 5.34 克/噸的金礦,包括超過 0.97 米的 16.50 克/噸的黃金,以及 2.13 米上方的 13.62 克/噸的黃金
GlobeNewswire ·  04/24 19:25

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to announce assay results from 7 drill holes representing 2,538 metres ("m") of diamond drilling from the 2023-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, Red Pine has now drilled approximately 66,100 m of the targeted program of up to 70,000 meters. Of these holes, approximately 57,000 m have now been reported.

多倫多,2024年4月24日(GLOBE NEWSWIRE)——Red Pine Exploration Inc.(TSXV:RPX,OTCQB:RDEXF)(“Red Pine” 或 “公司”)欣然宣佈瓦瓦黃金項目2023-2024年資源擴張計劃中7個鑽孔的化驗結果,這些鑽孔代表2538米(“m”)的鑽探。自資源擴張鑽探計劃於2021年啓動以來,Red Pine現已鑽探了目標項目中的約66,100米,最長可達7萬米。據報道,在這些洞中,大約有57,000米的鑽孔。

Drilling Highlights:

鑽探亮點:

Contained within the Jubilee Shear System (Table 1)

包含在 Jubilee 剪切系統中(表 1)

  • 5.34 grams per tonne ("g/t") gold over 13.39 m, including 16.50 g/t gold over 0.97 m and 13.62 g/t gold over 2.13 m in SD-24-490 (partial results were released on April 3, 2024 here)
  • 2.16 g/t over 31.89 m, including 6.54 g/t gold over 3.39 m in SD-24-493
  • 1.70 g/t gold over 39.30 m including 5.13 g/t gold over 2.42 m and 3.39 g/t gold over 4.96 m in SD-24-502
  • 3.29 g/t gold over 8.80 m including 9.55 g/t gold over 1.00 m in SD-24-500
  • 17.90 g/t gold over 1.00 m in SD-24-492
  • 2.44 g/t gold over 18.07 m, including 9.75 g/t gold over 1.18 m and 7.62 g/t gold over 1.19 m in SD-23-487
  • 超過 13.39 米的每噸(“g/t”)金含量爲 5.34 克,包括 SD-24-490 中超過 0.97 m 的 16.50 g/t 黃金和 2.13 m 以上 13.62 g/t 的黃金(部分結果已於 2024 年 4 月 3 日在這裏公佈)
  • 31.89 米以上 2.16 克/噸,包括 SD-24-493 中超過 3.39 米的 6.54 克/噸黃金
  • 超過 39.30 m 的 1.70 g/t 黃金包括 SD-24-502 中超過 2.42 m 的 5.13 g/t 黃金和 4.96 m 以上的 3.39 g/t 黃金
  • 3.29 g/t 黃金超過 8.80 米,包括 SD-24-500 中超過 1.00 米的 9.55 g/t 黃金
  • SD-24-492 中超過 1.00 米的 17.90 g/t 黃金
  • 超過 18.07 米的 2.44 克/噸黃金,包括 SD-23-487 中超過 1.18 米的 9.75 克/噸黃金和 1.19 米以上的 7.62 克/噸黃金

Jean-Francois Montreuil, Vice President, Exploration of Red Pine commented:

紅松探索副總裁讓-弗朗索瓦·蒙特勒伊評論說:

"Within and surrounding the Jubilee Shear, the host of the current underground Surluga mineral resource1, our drilling campaign continues to yield positive results. We continue to extend the footprint of significant mineralization in the Jubilee Shear and in the zones below the Jubilee Shear, and to encounter gold mineralization in the hanging wall of the Jubilee Shear. The positive drilling results in the Jubilee Shear are expected to have a positive impact on a future resource by growing and improving the confidence of the structure grading above 2.0 g/t gold. The continued and progressive extension of the footprints of gold mineralization west of the Jubilee Shear outline new exploration targets that represent additional opportunities to increase the gold inventory of the property."

“我們的鑽探活動繼續取得積極成果,Jubilee Shear是目前地下Surluga礦產資源的所在地1,在銀禧剪切及其周邊地區。我們繼續擴大禧年切變和禧年切變下方區域的重要礦化足跡,並在禧年切變的懸壁中遇到金礦化現象。預計Jubilee Shear的積極鑽探結果將通過提高和提高黃金品位超過2.0 g/t的結構的信心,對未來的資源產生積極影響。Jubilee Shear以西的金礦化足跡的持續逐步擴大,這概述了新的勘探目標,這些目標爲增加該物業的黃金庫存提供了更多機會。”

Table 1– In and below the Jubilee Shear System (Figures 1 and 2)
Hole From To Length Gold Zone
(#) (m) (m) (m)* (g/t) (name)
SD-23-487
209.37 211.61 2.24 1.53 Jubilee Shear
224.09 242.16 18.07 2.44
Including
224.09 225.34 1.25 5.36
233.06 234.24 1.18 9.75
240.97 242.16 1.19 7.62
291.93 294.00 2.07 1.74 Below the Jubilee Shear
SD-24-489 223.01 232.91 9.90 0.58 Jubilee Shear
SD-24-490
200.03 221.23 21.20 3.56 Jubilee Shear
Including
200.03 213.42 13.39 5.34
Including
200.03 201.00 0.97 16.50
211.29 213.42 2.13 13.62
SD-24-492
217.69 222.00 4.31 0.73 Jubilee Shear
227.27 245.9 18.63 0.54
340.91 341.91 1.00 17.90 Below the Jubilee Shear
SD-24-493
253.25 285.14 31.89 2.16 Jubilee Shear
Including
256.64 260.03 3.39 6.54
273.42 274.62 1.20 6.72
281.36 282.44 1.08 6.21
365.40 366.89 1.49 0.41 Below the Jubilee Shear
SD-24-500
189.50 205.00 16.50 2.03 Jubilee Shear
Including
195.00 203.80 8.80 3.29
Including
197.44 198.42 0.98 6.02
201.60 202.60 1.00 9.55
SD-24-502
239.70 279.00 39.30 1.70 Jubilee Shear
Including
248.57 253.53 4.96 3.39
257.25 259.67 2.42 5.13
277.52 279.00 1.48 7.64
表 1 — 銀禧剪切系統內部和下方(圖 1 和 2)
來自 長度 黃金 區域
(#) (m) (m) (m) * (克/噸) (姓名)
SD-23-487
209.37 211.61 2.24 1.53 Jubilee Shear
224.09 242.16 18.07 2.44
包括
224.09 225.34 1.25 5.36
233.06 234.24 1.18 9.75
240.97 242.16 1.19 7.62
291.93 294.00 2.07 1.74 銀禧剪切之下
SD-24-489 223.01 232.91 9.90 0.58 Jubilee Shear
SD-24-490
200.03 221.23 21.20 3.56 Jubilee Shear
包括
200.03 213.42 13.39 5.34
包括
200.03 201.00 0.97 16.50
211.29 213.42 2.13 13.62
SD-24-492
217.69 222.00 4.31 0.73 Jubilee Shear
227.27 245.9 18.63 0.54
340.91 341.91 1.00 17.90 銀禧剪切之下
SD-24-493
253.25 285.14 31.89 2.16 Jubilee Shear
包括
256.64 260.03 3.39 6.54
273.42 274.62 1.20 6.72
281.36 282.44 1.08 6.21
365.40 366.89 1.49 0.41 銀禧剪切之下
SD-24-500
189.50 205.00 16.50 2.03 Jubilee Shear
包括
195.00 203.80 8.80 3.29
包括
197.44 198.42 0.98 6.02
201.60 202.60 1.00 9.55
SD-24-502
239.70 279.00 39.30 1.70 Jubilee Shear
包括
248.57 253.53 4.96 3.39
257.25 259.67 2.42 5.13
277.52 279.00 1.48 7.64

*Intercepts are calculated using a 0.4 g/t gold cut-off and a maximum of 5 m of internal dilution with no capping applied and are reported over core lengths. True width is estimated to vary between 75 to 95% of the reported core length.

*截距是使用 0.4 g/t 的黃金臨界值和最大 5 m 的內部稀釋量計算得出的,不設上限,並按芯長度報告。據估計,真實寬度在報告的核心長度的75%至95%之間變化。

Table 2– Hanging wall of the Jubilee Shear (Figures 1 and 2)
Hole From To Length Gold Zone
(#) (m) (m) (m)* (g/t) (name)
SD-23-492 123.21 125.73 2.52 0.44 Shear Zone
表 2— Jubilee Shear 的掛牆(圖 1 和 2)
來自 長度 黃金 區域
(#) (m) (m) (m) * (克/噸) (姓名)
SD-23-492 123.21 125.73 2.52 0.44 剪切區

*Intercepts are calculated using a 0.40 g/t gold cut-off grade and a maximum of 5 m of internal dilution with no capping applied and are reported over core lengths. True width is estimated to vary between 40 to 90% of the reported core length depending on the mineralization types defining the intersected gold zones.

*截距是使用 0.40 g/t 的金分界等級和最大 5 m 的內部稀釋量計算得出的,不設上限,並按巖芯長度報告。據估計,真實寬度在報告的岩心長度的40%至90%之間,具體取決於定義相交金區的礦化類型。


Discussion of Drill Results


討論鑽探結果

In the Jubilee Shear System, the new results:

在 Jubilee Shear 系統中,新結果:

  • increase the size and the confidence, and improve the continuity of gold mineralization >= 2 g/t gold in the main segment of the Jubilee Shear; and
  • confirm the presence and the continuity of gold mineralization in the shear zones that are parallel and located below the main zone of the Jubilee Shear that is hosting the 2021 resource.
  • 增加大小和信心,改善銀禧切變主段金礦化 >= 2 g/t 金的連續性;以及
  • 確認平行切變帶中金礦化的存在和連續性,這些剪切帶位於承載2021年資源的禧年切變主帶下方。

The on-going drilling program continues to widen the footprints of the mineralized system centered on the Jubilee Shear System beyond the footprints of the 2021 resource1. It shows that mineralization of significance and with indications of continuity is present in shear zones below the Jubilee Shear.

正在進行的鑽探計劃繼續擴大以 Jubilee Shear 系統爲中心的礦化系統的足跡超出 2021 年資源的足跡1。它表明,Jubilee Shear下方的剪切帶中存在顯著的礦化作用並有連續性的跡象。

In the hanging wall of the Jubilee Shear, the new results:

在 Jubilee Shear 的懸掛牆上,新的結果是:

  • Extend the footprints of gold mineralization in a shear zone over the Jubilee Shear
  • 在禧年切變上方的剪切帶中延伸金礦化的足跡

Quality Assurance/Quality Control ("QA/QC") Measures

質量保證/質量控制(“QA/QC”)措施

Drill core samples were transported in security sealed bags for analyses to Actlabs in Ancaster, Ontario. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags and shipped. The residual coarse reject portions of the samples remain in storage if further work or verification is needed.

鑽芯樣本裝在安全密封袋中運送到安大略省安卡斯特的Actlabs進行分析。將個別樣本貼上標籤,放入塑料樣品袋中並密封。然後,將成組的樣本放入耐用的大米袋中並運送。如果需要進一步的工作或驗證,樣品中殘留的粗糙剔除部分將保留在儲存中。

Red Pine has implemented a quality-control program to comply with best practices in the sampling and analysis of drill core. As part of its QA/QC program, Red Pine inserts external gold standards (low to high grade) and blanks every 20 samples in addition to random standards, blanks, and duplicates.

Red Pine 已經實施了一項質量控制計劃,以符合鑽芯採樣和分析的最佳實踐。作爲質量保證/質量控制計劃的一部分,Red Pine插入外部金標準(從低到高等級),每20個樣本除了隨機標準、空白和副本外,還會對每20個樣本進行空白。

Qualified Person

合格人員

Jean-Francois Montreuil, P.Geo. and Vice President, Exploration of Red Pine and the Qualified Person, as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

P.Geo兼紅松勘探副總裁Jean-Francois Montreuil和國家儀器43-101定義的合格人員已審查並批准了本新聞稿中包含的技術信息。

About Red Pine Exploration Inc.

關於紅松探索公司

Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. The Company's shares trade on the TSX Venture Exchange under the symbol "RPX" and on the OTCQB Markets under the symbol "RDEXF".

Red Pine Exploration Inc. 是一家黃金勘探公司,總部位於加拿大安大略省多倫多。該公司的股票在多倫多證券交易所風險投資交易所上市,代碼爲 “RPX”,在OTCQB市場上交易,代碼爲 “RDEXF”。

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 7000 hectares in size. Red Pine is building a strong position as a major mineral exploration and development player in the Michipicoten region.

瓦瓦黃金項目位於安大略省的Michipicoten綠石地帶,在過去五年中,該地區有幾家生產商進行了重大投資。它的一攬子土地擁有衆多歷史悠久的金礦,面積超過7000公頃。作爲密西皮科滕地區主要的礦產勘探和開發參與者,Red Pine正在樹立強勢地位。

For more information about the Company, visit

有關該公司的更多信息,請訪問

Or contact:
Paul Martin, Board Chair and Interim CEO, at (416) 364-7024 or pmartin@redpineexp.com

或者聯繫:
董事會主席兼臨時首席執行官保羅·馬丁,致電 (416) 364-7024 或 pmartin@redpineexp.com

Or

或者

Carrie Howes, Director Corporate Communications, at (416) 644-7375 or chowes@redpineexp.com

企業傳播董事嘉莉·豪斯致電 (416) 644-7375 或 chowes@redpineexp.com

1 National Instrument 43-101 Technical Report for the Wawa Gold Project, Brian Thomas P.Geo. Golder Associates Ltd, report effective August 18, 2021.

1 National Instrument 43-101 Wawa Gold Project 技術報告,Brian Thomas P.Geo。Golder Associates Ltd,報告於2021年8月18日生效。

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

Cautionary Note Regarding Forward-Looking Information

關於前瞻性信息的警示說明

This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance.

本新聞稿包含構成適用證券法所指的 “前瞻性信息” 的陳述,包括有關公司對未來業務活動和經營業績的計劃、意圖、信念和當前預期的陳述。

Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. Forward-looking information contained in this news release includes, but may not be limited to, statements regarding an updated resource estimate, a possible open pit resource, the potential of a reduced stripping ratio under a proposed open pit scenario, potentially expanding the resource to the north-west, and continuing to expand the footprints of significant mineralization in the Jubilee Shear which is expected to have a positive impact on a future resource. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Such opinions, assumptions and estimates are inherently subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are: the Company's expectations in connection with the projects and exploration programs being met, the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating gold prices, currency exchange rates (such as the Canadian dollar versus the United States Dollar), variations in ore grade or recovery rates, changes in accounting policies, changes in the Company's mineral reserves and resources, changes in project parameters as plans continue to be refined, changes in project development, construction, production and commissioning time frames, the possibility of project cost overruns or unanticipated costs and expenses, higher prices for fuel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, seasonality and weather, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, and limitations on insurance.

前瞻性信息通常用 “可能”、“將”、“可以”、“應該”、“將”、“打算”、“計劃”、“預期”、“相信”、“估計”、“期望” 或類似的表述來識別。本新聞稿中包含的前瞻性信息包括但可能不限於有關最新資源估計、可能的露天資源、擬議露天開採情景下可能降低開採率、可能將資源向西北擴展,以及繼續擴大Jubilee Shear顯著礦化足跡的陳述,預計這將對未來的資源產生積極影響。提醒投資者,前瞻性信息不是基於歷史事實,而是根據管理層在發表聲明之日認爲合理的觀點、假設和估計,反映了管理層對未來業績或事件的預期、估計或預測。此類觀點、假設和估計本質上會受到各種風險和不確定性的影響,這些風險和不確定性可能導致實際事件或結果與預測有重大差異,不應過度依賴此類信息,因爲未知或不可預測的因素可能會對未來的結果、業績或成就產生重大不利影響。可能導致實際業績與前瞻性信息中的預測存在重大差異的關鍵因素包括:公司對正在實現的項目和勘探計劃的預期、總體業務和經濟狀況的影響、全球流動性和信貸可用性對現金流時機以及基於未來預測條件的資產和負債價值的影響、金價波動、貨幣匯率(例如加元兌美元)、礦石品位的變化或回收率、會計政策的變化、公司礦產儲量和資源的變化、計劃不斷完善後項目參數的變化、項目開發、施工、生產和調試時間表的變化、項目成本超支或意想不到的成本和支出的可能性、燃料、電力、勞動力和其他消耗品價格上漲導致採礦業成本和總體風險上漲、工廠、設備或工藝未能按預期運行、意外變化我的生活,季節性和天氣、開發新礦牀的成本和時機、勘探活動的成功、許可期限、政府對採礦業務的監管、環境風險、意想不到的開採費用、所有權爭端或索賠,以及保險限制。

This information contained in this news release is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company, including the Company's financial statements and related MD&A for the year ended July 31, 2023, and the interim financial reports and related MD&A for the period ended October 31, 2023 and January 31, 2024, filed with the securities' regulatory authorities in certain provinces of Canada and available at .

本新聞稿中包含的這些信息完全受公司文件中包含的警示性陳述和風險因素披露的限制,包括公司截至2023年7月31日止年度的財務報表和相關MD&A,以及向加拿大某些省份證券監管機構提交的截至2023年10月31日和2024年1月31日期間的中期財務報告和相關MD&A,可在以下網址查閱。

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

如果這些風險或不確定性中的一項或多項成爲現實,或者前瞻性信息所依據的假設被證明不正確,則實際結果可能與本文描述的預期、計劃、預期、相信、估計或預期的結果存在重大差異。儘管公司試圖確定可能導致實際業績存在重大差異的重要風險、不確定性和因素,但可能還有其他因素導致業績與預期、估計或預期不符。除非適用法律另有要求,否則公司無意更新這些前瞻性信息,也不承擔任何義務。

Figure 1 - Location of Diamond Drilling Results

圖 1-鑽石鑽探結果的位置

A photo accompanying this announcement is available at

本公告附帶的照片可在以下網址獲得

Figure 2- 3D View of Diamond Drilling Results

圖 2-金剛石鑽孔結果的 3D 視圖

A photo accompanying this announcement is available at

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