Red Pine Exploration Inc.: Near Surface Infill-Drilling to Assess Open Pit Production Intersects 45.38 g/t Au over 3.13 m core length, including 141.00 g/t Au over 0.88 m
Press Release
Toronto, Ontario (June 18, 2025) – Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce further results from the ongoing drilling program at the Wawa Gold Project, Ontario. Near surface drilling completed since May 2025 was conducted as part of the Company’s assessment of the open pit potential. (See PR dated May 8, 2025).
Highlights of the Open-Pit Evaluation Drilling
⦁ 45.38 grams per tonne (g/t) gold (Au) over 3.13 metres (m) core length, including 141.00 g/t Au over 0.88 m in hole SD-25-559
⦁ Previous intersections from the same area include:
⦁ 14.51 g/t Au over 4.81 m, including 90.40 g/t Au over 0.67 m in hole SD-25-552 o 109.00 g/t gold over 0.86 g/t Au in historical hole U0590L3 from un-sampled
historical core
o 176.00 g/t Au over 0.78 m in hole SD-16-45 that is located on strike from hole SD-25-559;
⦁ Near-surface intersection of 1.86 g/t Au over 19.09 m including 4.28 g/t Au over 4.88 m in hole SD-25-544
Michael Michaud, President and CEO of Red Pine commented: “We are excited about the recent drilling results that highlight local areas of high-grade gold mineralization within the deposit. These high grades occur within broader zones of near-surface mineralization that will be used to assess the potential for open pit production. These near surface high grade results give us greater confidence in our path forward.
We expect to complete the drill testing of the starter pits in early July after which the Company will begin the update of the 2024 Mineral Resource Estimate (“2024 MRE”), with the objective of concurrently working towards a preliminary economic assessment (“PEA”), anticipated for completion in H1 2026”.
Ongoing Drilling Program
Red Pine has currently completed approximately 90% of the fully funded 25,000 m program that commenced in November 2024. Prior to May of this year, drilling was completed to test targets down plunge of the Jubilee Shear to the south and to a lesser extent along the north portion of the Jubilee Shear. Drilling since May has been focused on testing the Jubilee Shear in the Jubilee Mine area that also has potential for starter open-pits (Figures 1 and 2).
IBF4
