Red Pine starts trenching, sampling program at Wawa

Executive Summary

• Red Pine Exploration has started a mechanized surface trenching and geologic mapping program in the northern “North Pit” area of its Wawa Gold Project to better define open‑pit gold mineralization.
• The program targets ~60 m of strike length along the Jubilee shear and will include satellite trenches, detailed channel sampling, and QA/QC procedures.
• Recent historic drilling in the same zone returned high‑grade intersections (up to 176 g/t Au), supporting the open‑pit potential that will feed into an updated mineral resource estimate and a Preliminary Economic Assessment slated for H1 2026.

Key Details

• Program Scope: Mechanized trenching over ~60 m of strike length in the North Pit area; additional satellite trenches beyond the main line.
• Geology: Targeting quartz veins within homogeneous dioritic/tonalitic intrusions of the Jubilee intrusive stock, which host large fracture‑filled gold zones.
• Historic Drill Intersections (North Pit):
• 45.38 g/t Au over 3.13 m (including 141.00 g/t Au over 0.88 m) – hole SD‑25‑559 (June 18 2025).
• 14.51 g/t Au over 4.81 m (including 90.40 g/t Au over 0.67 m) – hole SD‑25‑552 (May 12 2025).
• 109.00 g/t Au over 0.86 m – historic hole U0590L3 (NI 43‑101 report, Sept 30 2024).
• 176.00 g/t Au over 0.78 m – historic hole SD‑16‑45 (NI 43‑101 report, Sept 30 2024).
• Baseline Studies: Installation of eight groundwater monitoring wells and packer testing of drill holes to constrain hydrogeology; ongoing fauna data collection.
• PEA Timeline: Updated mineral resource estimate, mine design, and metallurgical studies will be incorporated into a Preliminary Economic Assessment expected in the first half of 2026.
• QA/QC Protocols:
• Half‑core samples sealed in numbered plastic bags; quarter‑core duplicates taken for variability assessment.
• Assays performed by fire‑assay with AA finish (50 g) or one‑kilogram metallic screen fire assay for coarse gold (>2.25 g/t Au).
• External standards and blanks inserted every 20 samples; blanks added after visibly gold‑bearing samples.
• ~5 % of pulps/coarse rejects sent to Agat Laboratories for umpire testing.
• Qualified Person: Jean‑François Montreuil, P.Geo., Vice‑President Exploration, has reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“We are pleased to announce that a surface trenching program has started in the northern zone, targeting a potential open pit, where recent drilling has returned a number of higher‑grade intersections.” – Michael Michaud, President & CEO

Materiality Assessment: Non‑Material – Positive (operational update with encouraging historic drill results but no immediate financial impact).