Red Pine Expl Stock Price, News & Analysis

Red Pine (OTCQB: RDEXF) has commenced a 9,000 metre drilling program at the Wawa Gold Project to better define near-surface, higher-grade gold mineralization and to collect samples for environmental, metallurgical and geotechnical analysis as part of an ongoing Preliminary Economic Assessment (PEA). The company said the program is fully funded and will target potential open-pit areas along the Jubilee Shear, the crown pillars of the former Jubilee and Surluga Mines, infill zones for grade validation, and margins of new high-grade zones discovered in 2025.

Timing and QA/QC: Red Pine remains on track to complete the PEA in the first half of 2026. Sampling follows detailed QA/QC procedures including half-core sampling, quarter-core duplicates, insertion of standards/blanks every 20 samples, 1kg metallic screen assays when warranted, and ~5% of pulps/coarse rejects sent for umpire testing.

Red Pine (OTCQB: RDEXF) has begun a mechanized surface trenching, mapping and sampling program at the Wawa Gold Project to define near‑surface geometry in areas with open‑pit potential.

Work targets ~60 m of strike in the North Pit area plus satellite trenches, and follows recent high‑grade drill results. Baseline studies include 8 monitoring wells and groundwater testing. The company expects an updated mineral resource estimate and a PEA in H1 2026. QA/QC procedures and third‑party umpire assays are in place.

Red Pine Exploration (OTCQB: RDEXF) has announced significant drilling results from its Wawa Gold Project, highlighted by an intersection of 7.76 g/t gold over 15.49 meters in the potential open pit area. The company has completed its diamond drilling program of 69 drill holes totaling 24,531.19 meters.

Key highlights include multiple high-grade intersections, with the most notable being 84.20 g/t Au over 1.00m in hole SD-25-573. The company has received all gold assay results for an updated independent mineral resource estimate being prepared by WSP Canada Inc.

Red Pine plans to complete a Preliminary Economic Assessment (PEA) in the first half of 2026, with metallurgical, geotechnical, and baseline work underway to support permitting. The company is funded to complete the PEA and aims to transition from explorer to producer.

Red Pine Exploration (OTCQB: RDEXF) has announced significant drilling results from its Wawa Gold Project, highlighting the potential for open pit mining. The company intersected 9.03 g/t gold over 14.00 meters, including an impressive 54.40 g/t Au over 2.00 meters in hole SD-25-581.

The drilling program, completed with 69 drill holes totaling 24,575 meters, aims to strengthen the geological database for an upcoming mineral resource update. The company plans to conduct a Preliminary Economic Assessment (PEA) in early 2026 to evaluate optimal mining and processing strategies, including potential toll milling opportunities.

Additional notable intersections include 2.66 g/t Au over 10.13 meters and 2.47 g/t Au over 7.50 meters, with satellite zones in the hanging wall showing potential to reduce stripping ratios.

[ "High-grade gold intersections near surface with 9.03 g/t Au over 14.00 meters", "Successful completion of 69-hole drilling program totaling 24,575 meters", "Additional gold mineralization in satellite zones could reduce stripping ratio", "Advancing towards PEA in early 2026 with baseline studies underway", "Potential for toll milling using regional infrastructure" ]

Red Pine Exploration (OTCQB: RDEXF) has successfully completed its 2024-25 drilling program at the Wawa Gold Project, executing 69 drill holes totaling 24,574.5 metres. The program achieved two main objectives: strengthening the geological database for potential starter open pits and testing the gold system's size potential beyond the 2024 Mineral Resource Estimate.

Notable drilling results include intersections of 45.38 g/t Au over 3.13m and 14.51 g/t Au over 4.81m. The company has initiated a Preliminary Economic Assessment (PEA), expected to complete in early H1 2026, and has engaged an environmental consultant with 25+ years of experience. Following a recent financing round, Red Pine is fully funded to complete the PEA and commence baseline studies for the permitting process.

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.