Press Releases
Hole 5 – 30.64 Metres of 3.38 g/t Gold including 7.25 Metres of 12.94 g/t
Hole 6 – 27.67 Metres of 2.89 g/t Gold including 4.00 Metres of 11.54 g/t
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Toronto, Ontario – February 10, 2015 – Red Pine Exploration Inc. (TSX-V: RPX) (the “Company” or “Red Pine”) drilled six exploration holes on the Surluga Gold Deposit in December 2014. Full assay results have now been received for holes SD-14-05 and SD-14-06 and final results for hole SD14-04 are expected shortly.
Significant assay results for holes SD14-05 and SD-14-06 are summarized below:
Grams per tonne (“g/t”)
Hole ID |
From (m) |
To (m) |
Length* (m) |
Gold (g/t) |
SD-14-05 |
134.86 |
165.50 |
30.64 |
3.38 |
incl. |
155.00 |
162.50 |
7.25 |
12.94 |
SD-14-06 |
10.61 |
22.72 |
12.11 |
1.67 |
SD-14-06 |
294.83 |
322.5 |
27.67 |
2.89 |
incl. |
301.1 |
304.4 |
3.30 |
6.52 |
incl. |
318.5 |
322.5 |
4.00 |
11.54 |
Quentin Yarie, President and COO of Red Pine, commented, “These results validate our theory that high-grade shoots of gold mineralization are prevalent within the Surluga Gold Deposit. Gold grades over substantial intersections such as those reported in holes SD-14-03, SD-14-05 and SD-14-06 present new opportunities, and we will look to further define these high-grade areas as we continue to advance our project. ”
2014 Drilling Program
Red Pine’s December 2014 exploration program was conducted to confirm gold grades in the historical underground drill holes at Surluga and to better define the constrained morphology and underlying structural controls of the high grade gold mineralization zones of the deposit.
The underground drilling results were not incorporated in the current resource calculation for the Surluga Deposit. Given this fact, the location of the six drill holes were selected to both intersect historic gold mineralization, and identify the orientation of gold-bearing horizons.
Diamond Drill Hole Locations (See Figure 1, Click Here)
Hole_ID |
X |
Y |
AZ |
Dip |
Depth |
SD-14-01 |
668306.4 |
5316786 |
317.5 |
-62 |
127.69 |
SD-14-02 |
668306.7 |
5316786 |
328 |
-65 |
231 |
SD-14-03 |
668441.6 |
5316567 |
340.1 |
-62 |
309 |
SD-14-04 |
668449.3 |
5316300 |
340 |
-65 |
330 |
SD-14-05 |
668364.9 |
5317013 |
234 |
-47 |
234 |
SD-14-06 |
668205.3 |
5315775 |
345 |
-45 |
342 |
Hole SD-14-05
Hole SD-14-05 appears to both connect and delineate the upper extension of high grade gold mineralization zones in the Surluga deposit. Connecting similar zones will show the potential for a continuous zone of high grade gold mineralization in this part of the deposit.
Hole SD-14-06
SD-14-06 has better defined the spatial extent of the ore identified in the southern portion of the Surluga deposit. SD-14-06 intersected a fault zone that may have offset the spatial location of the gold-bearing mineralization and understanding the identification of this fault zone will help optimize drill targeting in the southern portion of the Surluga deposit.
Red Pine Commences 2015 Drill Program
Based on the successful results of the 2014 drill campaign, Forages Rouillier Drilling has been mobilized and will begin a diamond drilling program on February 11, 2015. The program consists of 8 to15 drill holes totaling 2,000 to 4,000 metres.
Insights From 2014 Exploration Campaign
In addition to intersecting gold mineralization, the 2014 Drill Program provided the following points of interest:
The Company is utilizing the information outlined above to identify the structural, geochemical, and lithological controls for mineralization on the Property. This information will then be used, in conjunction with geophysical and geological correlations, to:
Wawa Gold Project Highlights
On-site Quality Assurance/Quality Control (“QA/QC”) Measures
Drill core samples are transported in security-sealed bags for analyses at Activation Laboratories Ltd. in Ancaster, Ontario. Individual samples are labeled, placed in plastic sample bags and sealed. Groups of samples are then placed into durable rice bags that are then shipped. The remaining coarse reject portions of the samples remain in storage at the Activation Laboratories Ltd. in Ancaster, Ontario as required in the event that further work or verification is needed.
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
Qualified Person
Quentin Yarie, P.Geo. is the qualified person responsible for preparing, supervising and approving the scientific and technical content of this news release and is responsible for overseeing all aspects of the company’s exploration programs.
About Red Pine Exploration Inc.
Red Pine Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Company’s common shares trade on the TSX Venture Exchange under the symbol “RPX”.
For more information about the Company visit www.redpineexp.com
Or contact:
Quentin Yarie, President & COO, (416) 364-7024, qyarie@redpineexp.com
Or Mia Boiridy, Investor Relations, (416) 364-7024, mboiridy@redpineexp.com
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