TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company"), further to its press release of May 1, 2024 (the "Prior Press Release"), provides an update on the Company's progress on its investigations into the reporting inconsistencies in certain assay results from the Wawa Gold Project.
The Company confirms that the issues set out in the Prior Press Release are unrelated to the integrity of its quality assurance/quality control ("QA/QC") measures with respect to the drill core samples collected from the Wawa Gold Project and transported to Activation Laboratories Ltd. ("Actlabs") in Ancaster, Ontario for assay purposes. The Company is confident that the assay results provided by Actlabs to the Company were correct and accordingly, that the Company can securely rely on Actlabs' certified assay results.
The issue noted in the Prior Press Release was specific to certain inconsistencies between some of the certified assay results received from Actlabs and the corresponding assay results reported by the Company in the applicable press releases, other disclosure documents and the Wawa Gold Project assay database.
The Company has engaged WSP Global Inc. ("WSP") to lead an independent data verification of all assay certificates from 2014 to the present, copies of which have now been downloaded by Actlabs to a secure site. This verification process will provide the Company with a reliable baseline to update the Wawa Gold Project mineral resource estimate set out in the Company's National Instrument 43-101 Technical Report dated June 21, 2023 (with a resource effective date of May 31, 2019).
The Company will continue to keep the market updated as further information becomes available.
Qualified Person
Jean-Francois Montreuil, P.Geo. and Vice President, Exploration of Red Pine and a Qualified Person, as defined by National Instrument 43-101, has reviewed and/or approved the technical information contained in this news release.
多倫多，2024年5月6日（GLOBE NEWSWIRE）——Red Pine Exploration Inc.（多倫多證券交易所股票代碼：RPX，OTCQB：RDEXF）（“Red Pine” 或 “公司”）繼其2024年5月1日的新聞稿（“先前新聞稿”）之後，提供了該公司對瓦瓦黃金項目報告的某些化驗結果不一致之處的調查的最新進展。
該公司證實，先前新聞稿中提出的問題與其質量保證/質量控制（“QA/QC”）措施的完整性無關，這些樣本涉及從Wawa黃金項目採集並運往安大略省安卡斯特的活化實驗室有限公司（“Actlabs”）進行化驗的鑽芯樣本。該公司確信Actlabs向公司提供的化驗結果是正確的，因此，公司可以放心地依賴Actlabs的認證化驗結果。
先前新聞稿中指出的問題特定於從Actlabs收到的某些認證化驗結果與公司在適用的新聞稿、其他披露文件和Wawa Gold Project分析數據庫中報告的相應化驗結果之間的某些不一致之處。
該公司已聘請WSP Global Inc.（“WSP”）牽頭對2014年至今的所有化驗證書進行獨立的數據驗證，Actlabs現已將這些證書的副本下載到安全站點。該驗證過程將爲公司更新瓦瓦黃金項目礦產資源估算提供可靠的基準，該估算值載於公司2023年6月21日的National Instrument 43-101技術報告（資源生效日期爲2019年5月31日）。
隨着更多信息的出現，公司將繼續保持市場最新情況。
合格人員
美國國家儀器43-101定義的P.Geo兼紅松勘探副總裁兼合格人員Jean-Francois Montreuil已審查和/或批准了本新聞稿中包含的技術信息。
