Red Pine Exploration: Gold Commodities in Ontario
Focused on the Wawa Gold Project
Canadian precious metals explorer, Red Pine Exploration, has its headquarters in Toronto, Canada. They’re mainly focusing on the identification, acquisition and development of properties in Ontario, Canada. The Company’s flagship project is the Wawa Gold Project. This rests 2km southeast of the Municipality of Wawa, in Northern Ontario.
More on the Wawa Gold Project
The property is comprised of over 5,500 hectares and hosts several former mines. It also has a combined historic production of 120,000 oz gold. Additionally, the property currently hosts a NI 43-101 Inferred Resource (the Surluga Deposit) that Red Pine is aggressively working towards expanding. The Company has also identified three Exploration Targets at the Wawa Gold Project. Combined, they could contain up to 3.0 Moz gold.
Red Pine recently issued a 43-101 technical report for the Wawa Gold Project that includes over 700,000 ounces gold for the Surluga Deposit and the Minto Mine South Deposit combined. This had an average grade of > 5 g/t , both Indicated and Inferred, (May 31, 2019). Both resources are accessible using existing historical underground infrastructure and both appear to be open along strike and at depth. 95% of the current resource is contained between surface and 350 metres depth.
In addition to the two deposits currently identified on the property, Red Pine has identified six additional exploration targets, along a gold-mineralization corridor that extends for more than 6 km.
While focused on delineating shallow, high-grade deposits amenable to bulk underground mining along the Wawa Gold Corridor, the Company’s 2020 exploration program will target proving the continuity of the mineralization of the Surluga Deposit at depth.
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