TORONTO, ONTARIO--(Marketwired - Jan 28, 2014) - Red Pine Exploration Inc. (the "Company") (TSX VENTURE:RPX) announces results from its late December-2013 drill program on the Cayenne-Chili Property. Volcanogenic-Massive- Sulphide ("VMS") Occurrence Intersected Mechanized trenching conducted in July 2013 exposed an area of massive sulphides consisting of sphalerite (zinc), galena (lead), and veins of chalcopyrite [...]
Red Pine announces the signing of an Exploration Agreement effective December 1, 2013 between the Flying Post First Nation Community and the Company in connection with the exploration and development of its Cayenne-Chili Property located about 110 kilometres south-west of Timmins. The EA outlines the working relationship between the Parties with respect to exploration activities within an Area of Interest, which falls [...]
Red Pine is pleased to announce it has commenced drilling on its Cayenne-Chili property, southwest of Timmins, Ontario. Drilling will continue until the Christmas break period and then resume again in early January 2014. Further updates will be provided once initial assay results are received and analyzed which are expected in late January or early February 2014. Red Pine is also pleased to announce that it has closed its [...]
Red Pine is pleased to announce it has entered into an agreement with IBK Capital Corp., under which IBK has agreed to act, on a best efforts basis, as the agent for the private placement of up to 20,000,000 flow-through units of Red Pine at a price of $0.05 per FT Unit for aggregate gross proceeds to Red Pine of up to $1,000,000 and up to 6,000,000 non-flow through units at a price of $0.05 per Unit for aggregate gross [...]
Red Pine announces that further to its discovery of massive sulphides on the property, it has selected a drill contractor and expects crews to mobilize into the property area in late November. Subsequently, a diamond drill program of about 2500-3000 meters in conjunction with selective geophysical surveys is planned to begin in early December. Mechanized trenching conducted in July, 2013 exposed approximately 20 meters of [...]
Red Pine announces the results from its recently completed backpack drill program which supplemented the IP survey and bedrock sampling program over its Cayenne-Chili Property. The Cayenne-Chili system is comprised of a series of north-facing mineralized VMS centres along a well-defined stratigraphic horizon having a strike length of approximately 11 kilometres. The district is comprised of a footwall unit of dacite and [...]
Red Pine has recently completed an IP survey and second phase bedrock sampling program over its Cayenne-Chili Property. The Cayenne-Chili Property consists of 24 contiguous mining claims and patents totalling 3900 hectares. The claims sit in a region interpreted as the western extension of both the Larder-Cadillac deformation zone and the second a western extension from the Porcupine-Destor deformation zone to the north.
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