Red Pine Exploration Inc. is pleased to report new results from its 2021 drilling program at the Wawa Gold Project, including the discovery of high-grade gold mineralization in the Jubilee Shear Zone and the newly identified Sadowski Gold Zone. Highlights of the 2021 Drilling Program Intersection of 4.66 g/t gold over 12.24 metres true width in the Jubilee Shear Zone, including 24.1 g/t gold over 0.68 metres and 14.68 g/t [...]
Red Pine Exploration Inc. is pleased to report on drill progress at the Wawa Gold Project, including the discovery of new mineralized zones, extension of the Minto Mine South deposit and additional evidence of the continuity of the Surluga resource down plunge. Highlights of the 2021 drilling program Discovery of a new mineralized structure near the Surluga Mine Shaft containing 3.31 g/t gold over 4.91 metres including [...]
Red Pine Exploration Inc. announces it will be filing an updated NI 43-101 Technical Report including updates to the ownership structure, land position, additional drilling and surface exploration results as well as positive results from metallurgical test work. The resource statement in this report remains unchanged due to insufficient additional drill data. Highlights of the metallurgical study: CIL cyanidation and [...]
Red Pine Exploration Inc. is pleased to announce the results of its annual and special meeting of shareholders held on May 31, 2021, with all resolutions approved with the required majority. At the Meeting, the shareholders: elected Drew Anwyll, Andrew Baumen, Robert Dodds, Nils Engelstad, Paul Martin and Quentin Yarie as directors of the Corporation; re-appointed MNP, LLP, Chartered Professional Accountants as auditors [...]
Red Pine Exploration Inc. announces that it has entered into a definitive property purchase agreement with 2533258 ONTARIO CORP. , dated April 16th, 2021 to acquire 100% interest in additional mining claims located in the McMurray Township, Michipicoten region of Ontario. This acquisition aligns with the Company's strategy of consolidation of the Wawa Gold Project land package. The acquisition of these properties [...]
Red Pine Exploration Inc. announces that its Board of Directors has granted an aggregate of 2,470,000 stock options to directors, employees and consultants of the Company. Each stock option is exercisable into one common share of the Company at a price of $0.73 per common share, with vesting period of 36 months, and exercisable for a period of five years from the date of grant. The Company has not issued stock options [...]
Red Pine Exploration Inc. is pleased to announce its exploration and drilling plans for 2021 at its 100% owned Wawa Gold Project, located 2 kilometres southeast of Wawa, Ontario. With the announcement of the project's consolidation of ownership to 100% , Red Pine is now ready to execute a strategic drill program designed to expand the existing NI 43-101 mineral resources and to explore the multiple additional highly [...]
Red Pine Exploration Inc. is pleased to announce that it has completed its previously announced consolidation of the Wawa Gold Project through a definitive securities purchase agreement with the holders of the partnership interests in Citabar Limited Partnership . As a result, Red Pine now holds a 100% ownership interest in the Wawa Gold Project located near Wawa, Ontario . Please see the news releases of the Company [...]
Red Pine Exploration Inc. is pleased to announce that it has completed its previously announced best efforts private placement for total gross proceeds of $20,026,805 in connection with the acquisition of the remaining interest in the Company's flagship Wawa Project. The Offering consisted of 37,567,400 subscription receipts of the Company at a price of C$0.40 per Subscription Receipt for gross proceeds of C$15,026,960 [...]
Red Pine Exploration Inc. is pleased to announce that it has received TSX Venture Exchange approval for the consolidation of the common shares of the Corp. As previously announced in its press releases dated February 23, 2021 and March 11, 2020, shareholders of the Corporation approved a special resolution authorizing the Board of Directors to consolidate the Common Shares of the Corporation. The Board of Directors has [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into a definitive securities purchase agreement with the holders of the partnership interests in Citabar Limited Partnership, which will result in Red Pine consolidating a 100% ownership in the Wawa Gold Project located near Wawa, Ontario . All amounts in this press release are denominated in Canadian dollars. Highlights: Red Pine to consolidate 100 [...]
Red Pine Exploration Inc. announces that it has re-filed certain press releases in accordance with comments issued by the Ontario Securities Commission. Red Pine included links to certain pictures and tables in the press releases dated May 28, 2029, June 13, 2019 and June 21, 2019. These press releases have been refiled to include the relevant figures in the body of these press releases, rather than linking to them. In [...]