Red Pine Exploration Inc. is pleased to announce the initial results of its 2024 prospecting program on the Wawa Gold Project, Ontario. To expand and refine its pipeline of exploration targets, Red Pine initiated a property-wide prospecting program in July targeting new areas where historical mapping or prospecting had indicated a potential for gold mineralization. This press release reports new exploration and assay [...]
Red Pine Exploration is pleased to announce that it has closed its previously announced "bought deal" private placement offering for gross proceeds of C$11,000,358, including the exercise in full of the Underwriters' Option . The Offering consisted of 33,336,000 common shares of the Company at a price of C$0.090 per Non-FT Share, 28,572,000 tranche 1 flow-through common shares of the Company at a price of C$0.105 per [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into an amendment agreement with Haywood Securities, as co-lead underwriter and sole bookrunner, on its own behalf and on behalf of Research Capital Corporation, as co-lead underwriter, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 22,223,000 common shares of the Company at a price of C$0.090 per [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as co-lead underwriter and sole bookrunner, on its own behalf and on behalf of Research Capital Corporation, as co-lead underwriter , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 22,223,000 common shares of the Company at a price of C$0.090 per [...]
Red Pine Exploration Inc. announces an updated independent Mineral Resource Estimate , inclusive of an open pit and underground Mineral Resource, prepared by WSP Canada Inc. for the Company's 100% owned Wawa Gold Project in Ontario. Highlights The updated MRE has added significantly to the previous 2019 MRE, with an Indicated Mineral Resource of 14.7 million tonnes grading 1.8 grams per tonne gold containing 842,000 [...]
Red Pine Exploration Inc. reports the results of the expanded independent verification sampling and assaying of drill core performed by WSP Canada Inc. as part of the ongoing resource estimation for the Wawa Gold Project, Ontario. Michael Michaud, President and CEO of Red Pine commented: "I am pleased to see that the independent verification sampling completed by WSP is in good agreement with the corrected database assay [...]
Red Pine Exploration Inc. is pleased to announce the most recent assay results from 5 additional drill holes representing 1,211 metres as part of the completed 2022-2024 resource expansion drill program at the Wawa Gold Project, Ontario. Since 2022, Red Pine has completed approximately 67,000 m of diamond drilling. Of this total, approximately 60,300 m of drilling will be used to update the mineral resource estimate with [...]
Red Pine Exploration Inc. is pleased to announce the most recent assay results from 8 drill holes representing 1,881.40 metres of assayed drill core from the 2022-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, and with final compilation of the drilling assay database and geological domaining, an additional 60,000 m of drill core from 177 drill holes [...]
Red Pine Exploration Inc. reports that it has completed the verification of all gold assay certificates received by the Company from 2014 to the present for the Wawa Gold Project. Paul Martin, Interim CEO and Chair of the Board of Red Pine commented: "We are pleased to have completed the reconciliation between our drill hole database and the one built independently by WSP Global Inc. . This marks a critical step towards [...]
Red Pine Exploration Inc. is pleased to announce the most recent assay results from 14 drill holes representing 4,105 metres of drilling from the 2022-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, Red Pine has now completed approximately 67,000 m of additional drilling in the current program for the new mineral resource estimate update. Of these [...]
Red Pine Exploration Inc. , further to its press releases of May 1, 2024, May 6, 2024, and May 10, 2024 , provides an update on the Company's investigations into the reporting inconsistencies in certain drill core assay results from the Wawa Gold Project. Investigation of Assay Reporting Inconsistencies The Company bifurcated its investigations into two periods: the period from 2014, when it acquired the Wawa Gold [...]
Red Pine Exploration Inc. , further to its press releases of May 1, 2024, and May 6, 2024 , provides a further update on the Company's progress on its investigations into the reporting inconsistencies of certain assay results from the Wawa Gold Project. While the investigations are ongoing, based on the findings made to date, Red Pine believes that the reporting inconsistencies disclosed in the Prior Press Releases [...]
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