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Red Pine Exploration Intersects High-Grade Gold – Drills 10.92 g/t Gold over 28.05 metres including 209.1 g/t Gold over 1.00 metre
TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) reports new drilling results from
About this update from Rpx Gold Inc.
[{"type":"text","content":" TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) reports new drilling results from its ongoing exploration program. The new results validate that drilling around the boundaries of the 2019 resource in the Jubilee can extend the high-grade core of the Jubilee Shear Zone and continue to expand the footprints of mineralization in the gold zones overlying the Jubilee Shear (hanging wall). High grade gold in the Jubilee Shear (Figures 1 and 2) Confirmation that significant mineralization exists in the Jubilee Shear which are currently excluded from the 2019 resource. 10.92 g/t gold over 28.05 metres at the intersection of the Minto B/Jubilee Shears that includes 209.1 g/t gold over 1.00 metres, 49.9 g/t gold over 1.00 metres and 28.0 g/t gold over 1.00 metres in SD-23-442 (Figure 2). Extension of mineralization in the Minto B Shear above the Jubilee Shear 6.44 g/t gold over 2.17 metres within a larger mineralization halo containing 2.08 g/t gold over 7.43 metres in SD-23-444 3.52 g/t gold over 1.61 metre within a larger mineralization halo containing 0.49 g/t gold over 19.91 metres in SD-23-443 Quentin Yarie, President and CEO of Red Pine Exploration commented: “Our strategy to encompass the upper portions of the existing resources (Surluga & Minto) into our planned future open pit/underground model continues to be validated through our ongoing drill program. We are on track to complete this drill program and release a new resource in Q2/Q3 of 2024. To date this year, we have logged over 22,000 metres of core (over 8,000 boxes of core; ~400,000 lbs), and ~17,000 metres of core cut and sent to Act Labs for assay.” Table 1– Highlights from drilling in the Wawa Gold Corridor (Figure 1) Hole From (m) To Length (m)* Visible Gold Gold (g/t) Zone (m) SD-23-441 11 12 1.00 VG 1.4 SD-23-441 296.52 297.67 1.15 3.42 Jubilee Shear SD-23-442 20.79 21.94 1.15 1.21 Minto C Shear System 239.69 241.05 1.36 4.62 Minto B Shear 272 360.02 90.02 VG 3.48 Minto B / Jubilee Including 272.00 275.20 3.20 0.55 293.15 319.20 28.05 VG 10.91 Including 294.53 295.53 1.00 VG 209.1 295.53 296.53 1.00 6.18 296.53 297.53 1.00 VG 49.9...