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Red Pine Edges Higher as it Reports Additional High-Grade Veins at the Wawa Gold Project
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Red Pine Edges Higher as it Reports Additional High-Grade Veins at the Wawa Gold Project
Oct 17, 2024 12:15 PM

12:34 PM EDT, 10/17/2024 (MT Newswires) -- Red Pine Exploration ( RDEXF ) Thursday shared initial results from its 2024 prospecting program on the Wawa Gold Project in Ontario.

Red Pine's property-wide prospecting program in July targeted new areas where historical mapping or prospecting had indicated a potential for gold mineralization, sharing new exploration and assay results from prospecting for the Cooper Area, located north of the Jubilee Shear.

Initial results from 105 prospecting samples in the Cooper Area have identified a network of extensional and shear-hosted quartz veins with indications of high-grade gold mineralization that are connected to the Cooper Shear, host to the past producing Cooper Mine.

Results included the discovery of gold mineralization 1.75 kilometers north of the Cooper Mine near the Wawa Goldfield South Zone showing grab samples up to 21.20 grams per tonne of gold. Additional sampling of the Cooper 11 Shear reported recent grab samples up to 47.80 g/t gold.

The company's shares were last seen up $0.005 to $0.15 on the TSX Venture Exchange.

Price: 0.15, Change: +0.01, Percent Change: +3.45

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