Intersects High-Grade Gold 400m Down Plunge of the Surluga Deposit
Red Pine Exploration Inc. (TSXV: RPX) has discovered high-grade gold mineralisation in the Jubilee Shear Zone and the newly identified Sadowski Gold Zone at the Wawa Gold Project is in the Michipicoten greenstone belt of Ontario.
Highlights of the 2021 Drilling Programme
- Intersection of 4.66 g/t gold over 12.24m true width (TW) in the Jubilee Shear Zone, including 24.1 g/t gold over 0.68m (TW) and 14.68 g/t gold over 1.94m\ (TW), 440m down plunge of the boundary of the Surluga resource (SD-21-297A).
- Discovery of high-grade gold mineralisation in SD-21-297A in the newly identified Sadowski Gold Zone with the intersection of 13.95 g/t gold over 4.48m core length (CL) including 29.29 g/t gold over 2.02m (CL).
- Observation of quartz veins with visible gold in the Jubilee Shear Zone, the Minto Mine Shear Zone and the Sadowski Gold Zone in SD-21-298A (results pending).
“The confirmation of gold mineralisation in the Jubilee Shear Zone, indicated across two drill holes (75m apart) located 400m down plunge of the existing Surluga resource, further validates the company’s belief that the Jubilee Shear Zone extends to depth and hosts high-grade gold mineralization,” President and CEO, Quentin Yarie, said.
“The discovery of a previously unknown network of quartz veins intersected in SD-21-296A and SD-21-297A adds credibility that the property continues to benefit from greenfield exploration.
“Red Pine now has two active drill rigs on site, concurrently drilling beneath the Surluga deposit to the North and South. The Company plans to test the property’s greenfield targets however promising future drill results in the Jubilee Shear Zone may delay those activities.”
As part of its on-going 2021 exploration drilling programme, Red Pine is currently testing the northern and southern extensions of the Surluga deposit with one drill rig active at each target.
In holes SD-21-296A and SD-21-297A, the Jubilee Shear Zone was successfully intersected approximately 400 metres away from the current boundary of the Surluga Deposit resource. In holes SD-21-296A and SD-21-297A, the assay results indicate that high-grade gold mineralization also extends in the structure 400 metres down-plunge to the current resource boundary. In hole SD-21-297A, the higher-grade core of the structure is made from the overlapping of multiple styles of mineralisation that are variably transposed in the Jubilee Shear Zone tectonic fabrics.
In addition, the assay results from holes SD-21-296A and SD-21-297A identified a new near-surface high-grade zone of mineralization named the Sadowski Gold Zone.
The Sadowski Gold Zone is formed by a network of quartz veins variably transposed in superimposed shearing. The geometry of the quartz vein network identified in the Sadowski Gold Zone is comparable to the geometry of the network of high-grade quartz veins forming the Mickelson-Sunrise vein system.
The trend of the Michelson-Sunrise vein is located 150 metres north of the Sadowski Gold Zone. The identification of two parallel networks of quartz veins hosting high-grade gold mineralization suggests that additional drilling to the south could potentially discover additional networks of quartz veins.
Holes SD-21-297A and confirmed the extension of the Minto vein in the Minto Mine Shear Zone 75 metres down-dip to the current boundary of the Minto Mine South Deposit. Visible gold and native bismuth were observed in the Minto vein in SD-21-298A. In SD-21-297A, the Minto vein did not contain significant gold.
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