|
News Release
Toronto, ON - March 1, 2012 Red Pine Exploration Inc. (RPX: TSX-V) (�Red Pine� or the "Company�) announces that it will be exhibiting at the 2012 Prospectors & Developers Association of Canada (PDAC) International Trade Show & Investors Exchange.
The Company wishes to invite all current and potential investors to visit Booth 2350 and discuss first-hand with management the latest exploration plans on its Ava-Claire and the SaraCourt properties in the Swayze belt and Kapuskasing Structural Zone in region, west of Timmins, Ontario..
The PDAC is being held at the Metro Toronto Convention Centre, South Building, and runs from Sunday March 4 to Wednesday March 7. Trade show times and details can be accessed at www.pdac.ca
About the 2012 PDAC
The PDAC International Convention, Trade Show & Investors Exchange is the world�s largest convention for mineral exploration. The four-day annual Convention held in Toronto, Canada is the event of choice for the world�s mineral industry. The convention attracts over 1,000 exhibitors and 27,000 attendees from 120 countries.
About Red Pine�s Properties
The Ava-Claire Property - Kapuskasing Structural Zone
The Ava-Claire property is set in a similar environment as Probe Mines� Borden Lake discovery. The Borden Lake discovery has an inferred resource of 3.8 million ounces of gold. Red Pine�s consultant, Hadyn Butler, completed a regional geologic interpretation of the Kapuskasing structural zone surrounding this recent discovery. Red Pine believes that its geological and geophysical interpretation is that of an extension of the �Borden Lake Belt�, as identified by Probe, which continues through the centre of Ava-Claire.
A till sampling program has been completed on Ava-Claire designed to identify favourable locations for further exploration. It is expected that the pending assay results from these samples will facilitate additional geophysical methods to map conductive targets associated with sulphides as it was at the Borden Lake discovery. The Company is awaiting these assays as we believe that positive results will be a catalyst for further exploration on Ava-Claire.
The SaraCourt Property � Swayze Belt
The SaraCourt Property is a regional land package of contiguous, high-potential gold properties totaling approximately 28,000 hectares of patented and unpatented mining lands. Located in and along the newly defined DZ3 Gold Deformation Corridor, this property holds a series of deformation zones and regional fault branches that host abundant gold showings and join the Destor-Porcupine Deformation Zone to the northeast, and join to the western extension of the Larder Lake Deformation Zone fault that branches to the southwest. The Destor-Porcupine Fault Zone is spatially associated with gold deposits in the Timmins-Porcupine Gold Camp that have produced more than 65 million ounces gold to date.
For more information please visit the Company's website at www.redpineexp.com
or Contact:
Brent Nykoliation, Vice President of Business Development
(416) 364-7024, (416) 364-2753 (FAX) bnykoliation@redpineexp.com
or Kirk McKinnon, President & CEO
Cautionary Statement: We seek safe harbour.
|