About RPX
Red Pine Exploration Inc. is a Canadian precious metals explorer headquartered in Toronto, Canada and primarily involved in the identification, acquisition and development of properties in Ontario, Canada.
Led by an experienced management and technical team, the Company’s flagship Wawa Gold Project is located 2km southeast of the Municipality of Wawa, in Northern Ontario. The property, comprised of 7000+ hectares, hosts several former mines with a combined historic production of 120,000 oz gold.
The property currently hosts a National Instrument 43-101 compliant resource from two mineral deposits (Surluga and Minto Mine South): 1, 2
- 1,307,000 tonnes @ 5.47 g/t gold for 230,000 ounces in the indicated category and
- 2,716,000 tonnes @ 5.39 g/t gold for 471,000 ounces in the inferred category contained between surface to 350m depth.
2 Please see the Company’s press release dated May 10, 2024, which quantifies the impact of the manipulated gold assays on the mineral resource estimate set out in the Technical Report.
The Company has identified several exploration targets on the Wawa Gold Project claim block.
Our Strategy
The Company’s strategy is to advance projects to maximize shareholder value through data acquisition, compilation and interpretation. The Company is actively exploring the Wawa Gold Project and plans to continue its drilling across primary resources, Surluga and Minto Mine, as well as high-priority greenfield targets.
- Approximately 60,000 metres of diamond drilling expected to contribute to a resource expansion
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Above the existing resource
- Focus on the potential to reduce the ultimate stripping ratio and maximizing the size of a pit-constrained resource
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Within the Jubilee and Minto Shears hosting the existing resources
- Increasing the size and improving the continuity of gold mineralization >= 2 g/t gold in the Jubilee Shear and >= 3.5 g/t gold in the Minto Shear
- Improving the confidence in the 2019 inferred resource in the Jubilee Shear
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Parallel to and Below the existing resource
- Shear zones parallel and close to the Jubilee Shear being tested
- Many exploration targets of significance will remain to be fully quantified beyond the upcoming resource update