Red Pine Exploration Advances Wawa Gold Project with Drilling Program
Overview of the Wawa Gold Project's Drilling Program
Recently, Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) completed an extensive drilling program at the Wawa Gold Project, marking an exciting development in their ongoing exploration efforts. Initiated in November of the previous year, the drilling concluded in June, resulting in a total of 69 drill holes and an impressive depth of 24,574.5 metres.
Key Objectives of the Drilling Program
The drilling program was strategically designed to meet two primary goals that hold significant importance for the future of the project.
Enhancing Geological Data
Firstly, the program aimed to enhance the geological database, which is crucial for evaluating potential starter open pits in two near-surface areas of the Jubilee Shear. A total of 9,000 metres out of the planned 25,000-metre infill drilling was dedicated to this purpose. Noteworthy assay results include:
- Impressive grades of 45.38 grams per tonne of gold (“g/t Au”) over a 3.13-metre core length, which included 141.00 g/t Au over 0.88 metres.
- Other promising results featured 1.86 g/t Au over 19.09 metres, highlighted by higher grades of 4.28 g/t Au over 4.88 metres.
- Additionally, 14.51 g/t Au over a 4.81-metre core length, which incorporated 90.40 g/t Au over 0.67 metres.
Testing the Gold System's Size Potential
The second goal revolved around testing the overall size potential of the Wawa Gold Project's gold system, extending over 600 metres from known mineralization areas. Significant findings recorded during this phase included:
- 5.68 g/t Au over 10.72 metres, which includes 19.05 g/t Au over 2.00 metres.
- Additionally, an assay of 8.41 g/t Au over 1.67 metres, containing peaks of 14.90 g/t Au over 0.92 metres.
- Encouragingly, a newly discovered gold zone at depth shows potential to extend over 940 metres.
Launching the Preliminary Economic Assessment
In conjunction with the drilling achievements, Red Pine has also initiated work on a Preliminary Economic Assessment (PEA) for the Wawa Gold Project. This represents a crucial next step in understanding the project's viability and potential economic returns.
Steps for PEA Completion
To facilitate the PEA, the company has engaged an environmental and permitting consultant with over 25 years of expertise, ensuring comprehensive baseline studies necessary for operational design and permitting are underway. Thanks to the successful financing completed earlier in the year, Red Pine is fully financed to complete the PEA by early in H1 2026.
Current and Ongoing Activities
The technical team at Red Pine is actively engaged in multiple studies that will support operational design and the permitting process. These activities include:
- Metallurgical testing and geotechnical work.
- Mine design updates and revisions to the 2024 Mineral Resource Estimate.
- Environmental studies examining surface water, ground water, and both terrestrial and aquatic ecosystems.
- Geochemical characterization of mineralized areas and waste rocks from the deposits.
Quality Assurance and Control Measures
Ensuring high standards in data quality, Red Pine implements robust QA/QC measures. Each drill core sample is processed meticulously; samples are labelled, split, sealed in individual bags, and transported to certified laboratories for analysis. Quarter-core duplicates are included in sampling to assess gold distribution variability. Furthermore, external gold standards and blanks are systematically incorporated into testing to uphold accuracy.
Leadership Insights
Michael Michaud, the President and CEO, expressed satisfaction with the completion of the drilling program. He emphasized how this phase has not only broadened the potential of the Wawa gold deposit but has also better defined the near-surface mineralization, enhancing confidence in developing the project.
Michaud stated, “This drilling is the initial step in evaluating the concept of a starter open pit operation that could lead to larger mining activities. We look forward to how our upcoming PEA will outline a feasible scenario for project development and elevate the deposit's value.”
About Red Pine Exploration
Red Pine Exploration Inc. is a Toronto-based gold exploration company, trading on the TSX Venture Exchange as RPX and on the OTCQB Markets as RDEXF. The Wawa Gold Project is strategically located within the Michipicoten Greenstone Belt of Ontario—an area recognized for its potential and history of significant gold finds. The company’s land package spans over 7,000 hectares and includes many historic gold mines, establishing Red Pine as a key player in mineral exploration and development in this promising region.
Frequently Asked Questions
What is the status of the Wawa Gold Project?
The Wawa Gold Project has completed a significant drilling program and is moving forward with a preliminary economic assessment.
How many drill holes were completed?
A total of 69 drill holes were completed, equating to 24,574.5 metres drilled.
What are the key objectives of the drilling program?
The primary goals included strengthening the geological database and testing the size potential of the gold system.
When is the PEA expected to be completed?
The preliminary economic assessment is anticipated to be completed by early in H1 2026.
Who is leading Red Pine Exploration?
Michael Michaud serves as the President and CEO of Red Pine Exploration Inc.
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