Red Pine Expl Stock Price, News & Analysis

Red Pine Exploration reported significant drilling results from its Wawa Gold Project in Ontario, highlighting high-grade gold intersections from near-surface drilling. Key findings include 45.38 g/t Au over 3.13m (including 141.00 g/t Au over 0.88m) in hole SD-25-559. The company has completed approximately 90% of its fully funded 25,000m drilling program that began in November 2024. Recent drilling focused on the Jubilee Shear area to assess open pit potential. Additional notable results include 1.86 g/t Au over 19.09m in hole SD-25-544 and 3.80 g/t Au over 4.04m in the Hornblende Shear. Red Pine plans to update its 2024 Mineral Resource Estimate and work towards a preliminary economic assessment (PEA) anticipated for completion in H1 2026.

Red Pine Exploration (RDEXF) has announced promising initial results from its near-surface drilling program at the Wawa Gold Project in Ontario. The program revealed high-grade gold intersections of 14.51 g/t Au over 4.81m, including 90.40 g/t Au over 0.67m at the edge of the 2024 Mineral Resource Estimate. The company is executing a fully funded 25,000-meter drill program, with approximately 65% completed using two drilling rigs. The drilling aims to evaluate potential open-pit operations in two areas of the Jubilee Shear. Red Pine plans to update its Mineral Resource Estimate and complete a Preliminary Economic Assessment by H1 2026. The near-surface drilling program, allocated 8,000-9,000 meters, is expected to take 3 months to complete. The company continues to find promising indicators of high-grade gold mineralization at depth, including the identification of a new gabbro dyke interpreted as a key geological control.

Red Pine Exploration (RDEXF) has announced plans to evaluate potential near-term open pit mining operations at its Wawa Gold Project in Ontario. The company is initiating an 8,500-meter surface drilling program over 3 months to assess two areas of the Jubilee Shear, while continuing its deeper exploration. The strategy, based on a gold price of US$2,200/oz, includes plans for contract mining and off-site toll milling arrangements within the Michipicoten mining camp. This approach aims to generate early cash flow with minimal initial capital investment. Red Pine has completed about 65% of its funded 25,000m exploration program and plans to update its 2024 Mineral Resource Estimate, targeting a preliminary economic assessment in H1 2026. The project benefits from existing infrastructure, including 13,000 meters of underground development, and proximity to roads, power, and other mining operations.

Red Pine Exploration (RDEXF) has announced significant drilling results from its Wawa Gold Project in Ontario, highlighting a major discovery in its ongoing 25,000-meter drill program. The company intersected 5.68 g/t Au over 10.72 meters, including 19.05 g/t Au over 2.00 meters in the Jubilee Shear, representing a 600-meter step-out from previous drilling.

The drilling indicates a newly discovered high-grade shoot that could extend over 940 meters. Near-surface drilling at the past-producing Parkhill Mine yielded 6.49 g/t Au over 1.11 meters, located 300 meters from historical workings, confirming gold mineralization continuity.

The company noted a mineralogical transition from white mica-dominated to chloritized biotite-dominated alteration, which is often associated with higher grades in the Michipicoten Greenstone Belt.

Red Pine Exploration (TSXV: RPX, OTCQB: RDEXF) announced significant drilling results from its Wawa Gold Project, highlighting the expansion of gold mineralization beyond the 2024 Mineral Resource Estimate (MRE). Key findings include the discovery of a new parallel shoot at depth, with intersections of 8.41 g/t Au over 1.67 m, including 14.90 g/t Au over 0.92 m in the Jubilee Shear.

The drilling program, part of a fully funded 25,000-metre initiative expected to complete in Q3 2025, confirmed mineralization extensions in both Jubilee & Minto Shears. In the Minto Shear, drilling intersected 4.77 g/t Au over 1.00 m approximately 370m down-dip from the MRE boundaries. The company's reinterpretation identified a probable roll in the Jubilee Shear's dip, suggesting potential for additional resource expansion.

Red Pine Exploration (RDEXF) announces significant progress in its Wawa Gold Project drilling program, with two drills now operating to complete a fully funded 25,000-metre program. Recent drilling has expanded the gold system, with three completed drill holes intersecting quartz veins containing visible gold approximately 170m and 100m away from the closest intersections.

Key findings include the discovery of significant gold mineralization grading 5.81 g/t Au over 2.16m at depth in the Jubilee Shear, and the intersection of the Minto Vein with visible gold more than 100m away from previous drilling. The company has also identified gold mineralization south of the Parkhill Fault, approximately 850m from the Mineral Resource Estimate (MRE), with multiple intercepts including 3.61 g/t Au over 1.57m, 4.51 g/t Au over 0.70m, and 4.73 g/t Au over 1.45m.

Red Pine Exploration has announced significant results from its 2024 prospecting program at the Wawa Gold Project in Ontario. The company discovered new zones of gold mineralization outside the 2024 Mineral Resource Estimate (MRE), including the Hornblende Shear zone extending over 2.4 km and located about 350m west of the conceptual open pit.

Key findings include grab samples grading up to 9.99 g/t gold in the Hornblende Shear, up to 31.30 g/t gold in new extensional veins in the Wawa Creek area, and up to 37.70 g/t gold in the Wawa Goldfield South Zone. The company has also acquired a strategic 3.8-hectare mining claim near the Hornblende shear, which could potentially expand the future open pit operations.

Red Pine Exploration has announced significant gold mineralization findings from its 2024 prospecting program at the War Eagle Zone of the Wawa Gold Project, Ontario. The program identified a 200-metre wide zone with multiple gold-mineralized structures, including three mineralized trends south of the Parkhill Fault: War Eagle South Shear (up to 17.10 g/t gold), War Eagle North Shear (up to 12.90 g/t gold), and Villeneuve Shear. A new mineralized shear north of the Parkhill Fault was also discovered, yielding up to 2.59 g/t gold. The company has initiated a fully funded 25,000m drill program to extend known gold mineralization zones beyond the 2024 Mineral Resource Estimate.

Red Pine Exploration has launched a fully funded 25,000-metre drilling program for 2024-2025 at the Wawa Gold Project. The program aims to extend gold mineralization zones beyond the 2024 Mineral Resource Estimate by targeting multiple areas including: Jubilee Shear's down-plunge underground potential, down dip potential beneath the pit shell, northern extension in the Jubilee/Cooper area, and the recently discovered faulted extension on the southern Parkhill Fault. Previous drilling has shown promising results with up to 14.87 g/t gold over 5.20m. The company expects to report preliminary results in Q1 2025.