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Red Pine (TSXV:RPX) launches virtual tour of the Wawa Gold Project

Mining
TSXV:RPX
13 April 2022 12:15 (EDT)

Source: Red Pine Exploration Inc.

Red Pine Exploration (RPX) has launched a virtual site tour of the Wawa Gold Project in northern Ontario.

The site tour, created using the VRIFY platform, has been designed to assist investors in better understanding the scope of Red Pine’s 100 per cent owned Wawa Gold Project and provide visual aids and updates in the form of valuable new data flow out of the current drilling program and integrated into the platform.

With the progress of the drilling program, the VRIFY platform will be able to grasp these successes and demonstrate any material project advancement and value creation for the company’s stakeholders.

The 3D renderings and satellite imagery amalgamated into the VRIFY platform provides enhanced content to the Red Pine website and, via the VRIFY proprietary platform, a data-rich showcase of the project’s historical drilling and recent developments, which is a much more informative and transparent experience for the viewer.

The virtual site tour adeptly showcases regional exploration activities and surrounding producers, the Wawa Gold site location, infrastructure, land tenure, geologic setting, mineralization model, drill holes and upside deposit potential.

VRIFY Technology Inc. is a cloud-based 3D presentation and collaboration technology platform used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations.

“To follow our continued progress at the Wawa Gold Project, we encourage all shareholders to visit the new VRIFY model, accessible through our website and the VRIFY platform, to view our resulting geologic model and its evolution over time,” Quentin Yarie, President and CEO of Red Pine Exploration.

Red pine has also retained the services of Rayleigh Capital, which will provide corporate communications services to the company, subject to TSXV approval.

Rayleigh Capital focuses on global investor relations for junior and small-cap companies specializing in exposing companies to a broad audience of investment professionals.

Under a consulting services agreement between the company and Rayleigh Capital, Rayleigh Capital has been retained for one year, subject to either party terminating the agreement by providing written notice to the other party.

Under the agreement, the company will pay $10,833.33 per month (plus GST) to Rayleigh Capital to provide liaison, coordination, corporate growth strategy, communications and other services to the company.

Red Pine additionally announces that its Board of Directors has granted an aggregate of 175,000 stock options to employees and consultants of the company.

Each stock option is exercisable into one common share of the company at $0.46 per common share, with a vesting period of 36 months, and exercisable for five years from the grant date.

Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto. 

Red Pine Exploration Inc. (RPX) is flat on the day, trading at C$0.46 at 11:55 am ET.

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