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Message: TSXV-Listed Red Pine Exploration Receives Results from Hole HS-15-31 - Shares Up 5.9%

 

 
2017-06-29 11:03:35 AM ET (MT Newswires)
   
   

11:03 AM EDT06/29/2017 (MT Newswires) -- Red Pine Exploration Inc. (RPX.V) has received updated results from hole HS-15-31, which was drilled in the Hornblende Shear Zone, at its Wawa Gold Project, during the Fall of 2015.

The Hornblende Shear Zone is a parallel shear zone to the Surluga Deposit (inferred resource of 1,088,000 ounces @ 1.71 g/t gold1) of similar strike and alteration. These results support the Company's belief that the Hornblende Shear Zone will host high-grade gold zones.

Updated results in the Hornblende Shear Zone include: an intersection of 5.67g/t gold over 8.5m, including 15.16 g/t gold over 2.9m; and an increase of the intersection grade by 5.59%.

Red Pine Exploration's shares were recently up 5.9% at $0.09 apiece.

Price: 0.09, Change: +0.005, Percent Change: +5.9

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