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Red Pine Exploration Continues to Extend Gold Mineralization in all surrounding areas of the Jubilee Shear – Drills 5.06 g/t Au over 13.28 m
TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report new drilling re
About this update from Rpx Gold Inc.
[{"type":"text","content":" TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report new drilling results from its ongoing exploration program. The new results continue to indicate that broad zones of gold mineralization exist in the hanging wall and footwall of the Jubilee Shear in geological structures that were sparsely tested by historic drilling programs. Hanging wall of (above) the Jubilee Shear (Figure 2) Minto B Shear Intersection of 2.68 g/t gold over 25.22 m in SD-23-419 that includes 38.33 g/t Au over 0.98 m and 12.72 g/t Au over 0.87m (Figure 3): Minto C Shear System Near-surface intersection of 5.06 g/t gold over 13.28 m including 11.22 g/t gold over 3.51 m and 10.19 g/t gold over 2.34 m in the Minto C shear system in SD-22-408 0.97 g/t gold over 7.86 m including 3.49 g/t gold over 1.06m in the Minto C Shear system in SD-23-419 Footwall of (below) the Jubilee Shear Old Tom Vein Network Intersection of 7.67 g/t gold over 5.89 m, including 48.8 g/t Au over 0.83 m in SD-22-418 (Figure 3) Other intersections in the Old Tom Vein Network include 70.9 g/t gold over 1.14 m in SD-22-414 and 2.06 g/t gold over 11.45m, including 13.00 g/t Au over 1.00 m in SD-22-417 (see press releases of February 16th and 23rd 2023) Jubilee Shear outside the boundary of the 2019 resource 5.85 g/t over 6.82 m including 13.73 g/t gold over 2.63 m in SD-22-412 57 m down-plunge of the intersection of 5.46 g/t gold over 10.51 m including 11.48 g/t gold over 3.27 m in SD-22-414 in the same gap in the 2019 boundary of the resource (see press release of February 23rd 2023). Quentin Yarie, President and CEO of Red Pine Exploration commented: “The intersection of significant gold mineralization above and below the Jubilee Shear continues to support that a revised resource would include a shallow pit constrained resource. Gold mineralization in hanging wall structures like the Minto B Shear, demonstrates lateral and vertical continuity with the peripheral materials also being mineralized (intrusion related gold system). The extensional vein networks recently identified on the property continue to demonstrate the significant increased size potential of a revised resources. The combination of all these new zones of mineralization associated with both the Surluga and Minto Mine South deposits hav...