Red Pine Expl Inc (RDEXF) 0.0378 $RDEXF
Red Pine Exploration advancing VMS deposit in Ontario toward resource -- Potential multi-million tonne Zn-Pb-Cu-Ag-(Au) near-surface Mattabi-style deposit
ACCESSWIRE - Mon Apr 21, 6:07AM CDT
New York, NY / ACCESSWIRE / April 21, 2014 / Red Pine Exploration Inc. (TSX VENTURE:RPX) (Pink Sheets:RDEXF) (Frankfurt:VG3) is the subject of a Mining MarketWatch Journal Review offering insight and opportunity afforded investors. RPX.V is focused on advancing to resource its 100% owned 4,096 hectares Cayenne VMS Property located ~110 Km southwest of Timmins, Ontario, in the Porcupine Mining District, along the Swayze greenstone belt (the southwestern extension of the prolific Abitibi greenstone belt). The property hosts a historic (non NI43-101 compliant) resource of 91,000 tonnes at 4.6% Zn, and 3.3% Pb, over 150 m from 1948 at the Jefferson VMS deposit (if a resource estimate were commissioned now, using updated information available since, it would be considerably larger and much higher-grade). The Jefferson deposit has since received considerable drilling from past operators and is now being advanced by RPX.V which has a new, and highly skilled, technical leadership exploration team that believe they have figured out the metallogenic model for this mineral-rich VMS property. RPX.V intends to intersect quality mineralization this 2014, and these results are expected to contribute to a first-pass higher-grading resource surrounding the Jefferson VMS deposit. The belief is that the Cayenne VMS Property will eventually develop into an even larger multi-million tonne Zn-Pb-Cu-Ag deposit. Material intersected to date is very high-grade VMS and project appears to be setting up well for a shallow open-pit mining situation, plus infrastructure is nearby; paved and logging roads lead to property, power is close, and rail is within 25 km.
Red Pine Exploration advancing VMS deposit in Ontario toward resource -- Potential multi-million tonne Zn-Pb-Cu-Ag-(Au) near-surface Mattabi-style deposit
ACCESSWIRE - Mon Apr 21, 6:07AM CDT
New York, NY / ACCESSWIRE / April 21, 2014 / Red Pine Exploration Inc. (TSX VENTURE:RPX) (Pink Sheets:RDEXF) (Frankfurt:VG3) is the subject of a Mining MarketWatch Journal Review offering insight and opportunity afforded investors. RPX.V is focused on advancing to resource its 100% owned 4,096 hectares Cayenne VMS Property located ~110 Km southwest of Timmins, Ontario, in the Porcupine Mining District, along the Swayze greenstone belt (the southwestern extension of the prolific Abitibi greenstone belt). The property hosts a historic (non NI43-101 compliant) resource of 91,000 tonnes at 4.6% Zn, and 3.3% Pb, over 150 m from 1948 at the Jefferson VMS deposit (if a resource estimate were commissioned now, using updated information available since, it would be considerably larger and much higher-grade). The Jefferson deposit has since received considerable drilling from past operators and is now being advanced by RPX.V which has a new, and highly skilled, technical leadership exploration team that believe they have figured out the metallogenic model for this mineral-rich VMS property. RPX.V intends to intersect quality mineralization this 2014, and these results are expected to contribute to a first-pass higher-grading resource surrounding the Jefferson VMS deposit. The belief is that the Cayenne VMS Property will eventually develop into an even larger multi-million tonne Zn-Pb-Cu-Ag deposit. Material intersected to date is very high-grade VMS and project appears to be setting up well for a shallow open-pit mining situation, plus infrastructure is nearby; paved and logging roads lead to property, power is close, and rail is within 25 km.
