RPX Gold Inc. reports exploration and development updates for its 100%-owned Wawa Gold Project in the Michipicoten Greenstone Belt of northwestern Ontario. Company news centers on gold drilling results, near-surface and high-grade mineralization, the Jubilee Shear and Cooper area, and technical work supporting mineral-resource and development planning.
Recurring updates also cover NI 43-101 technical reports, Preliminary Economic Assessment work, environmental, metallurgical and geotechnical sampling, and plans that evaluate staged open-pit and underground mining scenarios. Corporate items include the company’s name change from Red Pine Exploration Inc., shareholder meeting results, share-structure matters and other governance disclosures.
RPX Gold (RDEXF) extended high-grade gold mineralization within the planned Wawa Gold Project open pit through its ongoing drilling program.
Results from 12 holes totalling 2,051 metres included 25.50 grams per tonne gold over 4.26 metres, including 135.00 grams per tonne over 0.71 metres, in SD-26-701. Other intersections included 3.75 grams per tonne over 10.29 metres in SD-26-698 and 4.12 grams per tonne over 9.42 metres in SD-26-699. Lengths are drill-core measurements. Drilling also identified mineralization between the North and South pits and confirmed mineralization in planned underground areas.
Approximately two-thirds of drilling planned for the prefeasibility study is complete. RPX expects to finish the 20,000-metre program by the end of October, update its mineral resource estimate and complete the study in H1 2027, then resume exploration north and south of the Jubilee deposit.
RPX Gold (RDEXF) reported gold assay results from 25 drill holes totaling 4,336 m from its 2026 drilling program at the Wawa Gold Project in Ontario, aimed at supporting a prefeasibility study (PFS) targeted for completion in H1 2027.
Highlights include extensions of mineralization at the southern end of the Jubilee Deposit beyond the 2026 PEA mine plan, such as 1.87 g/t Au over 35.10 m in hole SD-26-676 and 1.19 g/t Au over 33.98 m in SD-26-674, with higher-grade sub-intervals. Near-surface intercepts in the Surluga Mine crown pillar, including 2.05 g/t Au over 4.26 m and 4.68 g/t Au over 2.35 m in SD-26-660A and 1.61 g/t Au over 8.47 m in SD-26-685, may add open-pit potential. Approximately two-thirds of drilling meterage planned for the PFS has been completed.
The Wawa Gold Project currently hosts indicated resources of 22.909 M tonnes at 1.69 g/t Au (1,244,000 oz) and inferred resources of 9.951 M tonnes at 1.59 g/t Au (509,000 oz), with both open-pit and underground potential.
RPX Gold (RDEXF) reported preliminary metallurgical results from 26 of 71 cyanidation bottle-roll samples from the Wawa Gold Project in Ontario.
For material in zones with potential initial open pits, cyanidation test work delivered average gold extraction of 93.4% at an average calculated head grade of 4.42 g/t Au, exceeding the 88.0% gold recovery assumption used for open-pit material in the 2026 Preliminary Economic Assessment. For underground development areas outlined in the 2026 PEA, average gold extraction was 88.3% at an average calculated head grade of 8.24 g/t Au, with individual recoveries ranging from 77.4% to 94.3%. For 10 arsenopyrite-bearing samples containing 300–2,850 ppm As, cyanidation recoveries ranged from 77.4% to 95.5%, averaging 87.7%. The program, conducted by SGS Canada, is part of a 2026 metallurgical variability testing campaign supporting a prefeasibility study targeted for completion by mid‑2027.
RPX Gold (TSXV: RPX, OTCQB: RDEXF) has mobilized a second diamond drill at its Wawa Gold Project in Ontario to accelerate a fully funded, ongoing 20,000 m drill program. About 5,000 m have been completed since drilling began in April 2026, with results to support an updated mineral resource estimate and a prefeasibility study targeted for H1 2027.
The 2026 program focuses on converting inferred to indicated mineral resources in mine-plan areas from the 2026 PEA, collecting metallurgical, geotechnical and grade validation data, and completing 3,000–5,000 m of grassroots exploration. RPX Gold also reported highlighted intercepts from a prior 9,000 m 2025–2026 program at the Jubilee Deposit and announced an investor relations agreement with Target IR & Communications, which will receive CAD 8,000 per month starting July 15, 2026, subject to TSX Venture Exchange approval.
RPX Gold (OTCQB:RDEXF) reported new assays from its 2025-2026 drilling at the Wawa Gold Project, Ontario, including up to 30.12 g/t Au over 3.39 m and 8.77 g/t Au over 13.33 m.
The program extends near-surface mineralization, suggests a possible connection between the North and South pits in the 2026 PEA, and will feed an updated MRE in 2026 and a PFS targeted for H1 2027. RPX also started a new 2026 drilling program along the Jubilee Shear and engaged ICP Securities as an automated market maker from June 1, 2026, at C$7,500 per month.
RPX Gold (OTCQB:RDEXF) reported recent progress at the 100%-owned Wawa Gold Project and outlined its path toward a pre-feasibility study (PFS) in H1 2027.
A February 2026 PEA outlined after-tax NPV5% of C$523M, IRR of 99.7% at US$3,500/oz gold, initial capital of ~C$51M, and a payback of less than one year using a toll-milling scenario. At US$4,500/oz, after-tax NPV5% increases to C$935M with an IRR of 181%. The 2026 resource update showed a 48% rise in indicated ounces versus 2024.
On May 13, 2026, RPX Gold closed an over-subscribed equity financing for $14.1M to fund environmental baseline studies, resource conversion and exploration drilling, First Nations engagement, and toll-milling discussions, all aimed at advancing Wawa toward a PFS and potential future gold production.
RPX Gold (OTCQB:RDEXF) closed a brokered “best efforts” equity financing for aggregate gross proceeds of approximately C$14.15 million. The Offering combined non-flow-through units and shares with flow-through units and shares, plus four-year warrants.
Proceeds fund working capital and qualifying Canadian exploration expenditures, with broker commissions and warrants issued and TSX Venture final acceptance pending.
RPX Gold (OTC: RDEXF) filed an NI 43-101 Technical Report supporting a PEA for its 100%‑owned Wawa Gold Project (effective Feb 18, 2026). The PEA shows an after‑tax NPV5% of C$523M and IRR 99.7% at US$3,500/oz, initial capital ~C$51M and payback <1 year. The plan prioritizes near‑surface mining, regional toll milling and early free cash flow generation.
RPX Gold (OTC:RDEXF) published a Preliminary Economic Assessment for the 100%‑owned Wawa Gold Project showing an after‑tax NPV5% of C$523M and IRR of 99.7% at US$3,500/oz (Base Case) and NPV5% C$935M, IRR 181% at US$4,500/oz (Upside).
The 9‑year LoM assumes 2,000 t/d, initial Capex ~C$51M, LOM AISC US$2,149/oz, and 1,244,000 indicated ounces (2026 MRE), a 48% increase in indicated ounces vs 2024.
Red Pine Exploration (OTCQB: RDEXF) expects its name change to RPX Gold Inc. to be effective on February 12, 2026. The company plans to begin trading under the new name on the TSX Venture Exchange at market open while keeping the RPX ticker.
The change will adopt ISIN CA74984K1003 and CUSIP 74984K100. There will be no share consolidation, no shareholder action required, and outstanding share and warrant certificates need not be exchanged. The company also updated its logo and launched https://www.rpxgold.com/. The name change remains subject to final TSXV and regulatory approvals. The company will separately amend its articles to delete the class of Preference Shares, as approved by shareholders on January 21, 2026.