Red Pine drills 0.74 m of 82.5 g/t Au at Wawa

Executive Summary

• Red Pine Exploration Inc. released assay results from two drill holes (1,487 metres total) at its Wawa gold project in Ontario, confirming high-grade gold mineralization in the Cooper area.
• The results highlight significant exploration potential beyond existing resources, with the Preliminary Economic Assessment (PEA) remaining on schedule for completion in the first half of 2026.
• Key findings include the discovery of high-grade gold in the Y106 shear and the confirmation of the Jubilee shear's extension and associated gabbro dike.

Key Details

• Drilling Program: Two drill holes totaling 1,487 metres completed in July 2025 to follow up on high-grade surface sampling (75.90 g/t and 47.80 g/t Au reported in Oct 2024).
• Y106 Shear Discovery:
  • Intercepted 82.50 g/t Au over 0.74 metres in a quartz-tourmaline vein hosted in the Y106 shear (Hole SD-25-556).
  • Surface observations and drilling traced the Y106 shear over 500 m along strike and 320 m down-dip.
• Jubilee Shear Confirmation:
  • Confirmed the Jubilee shear extends 525 m north of the existing mineral resource.
  • Confirmed that a gabbro dike, interpreted to be associated with stronger gold mineralization in the Jubilee South area, extends into the Cooper area.
• Geological Context:
  • The Cooper area hosts a network of at least seven extensional shear zones hosting gold-mineralized quartz veins (Jasper, Bi-rich, Y106, Root, Cooper 11, Cooper, and Ganley veins).
  • Historical mining occurred in the Cooper vein (past-producing Cooper mine) and Jasper vein.
  • The northwest-oriented extensional shears are structurally similar to the Minto mine shear.
• QA/QC Measures:
  • Drill core samples analyzed via 50-gram fire assay with AA finish or one-kilogram metallic screen fire assay (for samples ≥2.25 g/t Au or with visible coarse gold).
  • Standards and blanks inserted every 20 samples for drill core; every 40 samples for grab samples.
  • Approximately 5% of pulps and coarse rejects sent to Agat Laboratories for umpire testing.
  • Analysis performed by Activation Laboratories Ltd. (Actlabs).

Notable Quotes

• "The discovery of high-grade gold in the Cooper area underscores the strength of our exploration model and the untapped potential across the Wawa gold project. With the PEA targeted for completion in H1 2026, we are well positioned to demonstrate the full value of this emerging gold district." — Michael Michaud, President and CEO