Red Pine tested the northern and southern extensions of the Surluga deposit at Wawa, as well as the extension of the Minto mine deposit. A fourth drill rig was also testing the Grace-Nyman shear system near the Darwin-Grace Mine.
Red Pine said it has observed visible gold, pending assay results, in veins and shear zones adjacent to the Jubilee Shear Zone, in the Surluga South discovery and the Nyman Shear zone.
In addition, drilling in one section intersected a mineralised envelope covering 27.26m in the Jubilee Shear Zone with 18.21 grams per tonne gold over 1.95m and 3.90g/t gold over 4.47m.
"Our on-going exploration programme testing the southern and northern extensions of the Jubilee Shear Zone continue to indicate that significant ounces of gold mineralisation remain to be discovered down-dip and beyond the footprint of the existing resources," Red Pine's president and CEO, Quentin Yarie, said.
Red Pine Exploration is a gold exploration company based in Toronto, Ontario. It has 100% ownership of the Wawa gold project in the Michipicoten greenstone belt of Ontario.
Red Pine Exploration last traded on January 21 on the Toronto Stock Exchange at C$0.49/share, moving C$0.09/share lower since the beginning of the year.