- Red Pine Exploration (RPX) has engaged GoldSpot Discoveries (SPOT) to examine the Wawa Gold Project
- GoldSpot’s technology will enable Red Pineto expand its understanding of the gold system in areas that they have not yet explored
- GoldSpot’s cost-efficient targeting software will allow Red Pine to delineate drill-ready locations to prioritize
- Red Pine Exploration Inc. is a Canadian-based gold exploration company
- Red Pine Exploration Inc. (RPX) opened trading at C$0.55 per share
Red Pine Exploration (RPX) has engaged GoldSpot Discoveries (SPOT) to examine the Wawa Gold Project.
Red Pine has an extensive land package that spans over 6,900 hectares in the Michipicoten greenstone belt. There are several past-producing mines on the property that warrant further investigation and GoldSpot’s input will allow Red Pine to expand exploration beyond its currently identified high priority targets.
With the use of GoldSpot’s technology and new data acquisition methods, Red Pine will be able to refine its discovery process using cost-efficient targeting software to delineate drill-ready locations to prioritize.
Quentin Yarie, CEO and President of Red Pine Exploration commented,
“We have excellent resources for GoldSpot to target using their technology, including a full suite of geophysical, geochemical, geology and structural databases. GoldSpot technology will enable us to expand our understanding of the gold system in areas of our property that we have not explored yet.”
Quentin added,
“With the recent success of the initial 2021 drilling program and the completion of the November flow-through financing for aggregate gross proceeds of C$8.4 million, Red Pine is working to expand upon the current NI 43-101 compliant resource with 1,307,000 tonnes at 5.47 g/t gold for 230,000 ounces in the indicated category and 2,716,000 tonnes at 5.39 g/t gold for 471,000 ounces in the inferred category contained between surface to 350 meters depth.”
Red Pine Exploration Inc. is a Canadian-based gold exploration company.
Red Pine Exploration Inc. (RPX) opened trading at C$0.55 per share.