Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Red Pine Exploration

Publié le 01 septembre 2011

Drill Results and Exploration Update

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | K Street |

News Release

Red Pine Drill Results and Exploration Update

September 1, 2011

TORONTO, ON - Red Pine Exploration Inc. (�Red Pine� or the �Company�) (TSX-V: RPX) is pleased to provide assays from drill holes targeting gold mineralization on its Saracourt Property west of Timmins, Ontario.. The program consisted of 2,067.5 meters of drilling over 9 diamond drill holes. Highlights of mineralized intercepts are provided in the table below:

Drill Hole

Zone

From (m)

To (m)

Interval (m)

Au (g/t)

RPX11-07

Michelle

171..58

177

6.77

1.57

(including)

Michelle

171..58

173

1.42

4.57

(Including)

Michelle

176

177

1

2.71

RPX11-07

Michelle

192..7

197

4.3

0.96

RPX11-07

Michelle

208

210

2

2.46

RPX11-07

Michelle

143

144..15

1.15

1.37

RPX11-09

Michelle Extension

186..5

188

1.5

1.38

RPX11-01

Mortimer

146

147

1

1.065

RPX11-01

Mortimer

161..37

165..27

3.9

0.685

(Including)

Mortimer

164..97

165..27

0.3

4.98

RPX11-04

Mortimer

32.63

34

1.37

3.26

RPX11-05

Mortimer

61.5

64.5

3

1.29

RPX11-05

Mortimer

171

172..5

1.5

0.643

The gold intersection in RPX11-07 confirms the eastward extension of the Michelle zone by approximately 100m as shown below.

michelle_zone_110823

The mineralization intersected in diamond drill holes confirms the association of gold with sulphidic horizons within the Property. The Company is currently following-up the drill program with a regional till sampling programThe company has assembled a land package with a number of opportunities to host large gold bearing systems:

Till sampling on Saracourt, Butler-Yarie, and Ava Claire properties

Red Pine is currently conducting a till sampling program over the Saracourt, Butler-Yarie, and Ava-Claire properties where the percentage of outcrops is generally less than 10%. This means that over 90% of the areas have never been prospected due to the lack of outcrop. In addition, a higher density of till samples will be collected in the proximity of documented gold zones to evaluate the possibility of having parallel or stacked zones that might be more important than the known zones.

Recent structural interpretations suggest that the structural setting on all 3 properties is highly favourable for gold mineralization. The objective of this sampling program is to evaluate the presence of additional gold zones under the extensive till cover where favourable structures are interpreted. The results of the till sampling program will then be combined with the detailed geophysical surveys available and the structural interpretations completed for those areas to generate exploration and drill targets..

Costello Property Examination

The Costello Property was recently visited by Jean-Philippe Desrochers, P.Geo.; The Costello Property is located along the Bristol fault, a splay of the Destor Porcupine Deformation Corridor, and is underlain by strongly deformed sedimentary rock units of the Porcupine Group. Limited exploration work has been conducted on the property despite the presence of gold bearing quartz veins, and its close proximity to Lakeshore�s Timmins mine (893,000 ounces) and Thunder Creek/Rusk Zone.

probe_costello_mag_110831

Red Pine is currently compiling all the available data and is processing the magnetic data through inversion in order to identify structural settings where gold might be concentrated. The areas of interest would specifically be:

  1. Contact between the sedimentary rocks and the volcanic rocks

  2. Porphyry zones

  3. Gold-bearing shear zones

About The SaraCourt Property

The SaraCourt Property is a regional land package of contiguous, high-potential gold properties totalling approximately 28,000 hectares of patented and unpatented mining lands. Located in and along the newly defined DZ3 Gold Deformation Corridor, the 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.

Kirk McKinnon, President and CEO stated �Red Pine�s SaraCourt Property has anomalous gold in a number of areas encompassing various geologic settings. We are now actively exploring West of the growing gold camp of Trelawney Mining and Augen Gold. It should be noted that for years the Swayze belt did not give up much in the way of exploration success � however the image of the Swayze has been changes with the success of Trelawney and Augen to the East and Probe Mines to the West of the SaraCourt and Ava-Claire properties�.

Ava-Claire Property

The Ava-Claire property is set in a similar environment as Probe Mines� Bordan Lake discovery. Our geologic interpretation of the data available to date indicates the extension of the �Borden Lake Belt� as identified by Probe Mines through the center of Ava-Claire. The current till sampling program is designed to identify favourable locations for further exploration.

ava_claire_probe

Quentin Yarie, P.Geo, Senior Vice President of Exploration is the qualified person for the technical data contained within this report

For further information please contact:

Brent Nykoliation, Vice President of Business Development

(416) 364-7024, (416) 364-2753 (FAX)

bnykoliation@redpineexp.com;

or Kirk McKinnon, President & CEO

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as �may�, �should�, �expects�, �plans�, �anticipates�, �believes�, �estimates�, �predicts�, �potential� or �continue� or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry�s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Cautionary Statement: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

rss20

This email was sent to .com by webmaster@redpineexp.com |  
Update Profile/Email Address | Instant removal with � | Privacy Policy.

Red Pine Exploration Inc | 141 Adelaide Street West | Suite 520 | Toronto | Ontario | M5H 3L5 | Canada

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Red Pine Exploration

EXPLORATEUR
CODE : RPX.V
ISIN : CA75686Y1088
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Red Pine est une société d’exploration minière d'or et de nickel basée au Canada.

Ses principaux projets en exploration sont ABITIBI WEST, MOFFATT, MT LOGANO et SARACOURT au Canada.

Red Pine est cotée au Canada. Sa capitalisation boursière aujourd'hui est 51,1 millions CA$ (37,3 millions US$, 35,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 26 décembre 2008 à 0,01 CA$, et son plus haut niveau récent le 26 mars 2021 à 0,85 CA$.

Red Pine possède 261 799 984 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Nominations de Red Pine Exploration
04/10/2013Appoints New Directors
13/09/2013Announces Resignation of Chairman and CEO
Projets de Red Pine Exploration
29/03/2012Receives Till Sample Results from Ava-Claire Property - Iden...
10/02/2012Provides Exploration Outline and Announces Results of Annual...
19/05/2011(Saracourt)Commences Exploration Program on SaraCourt Property West of ...
21/04/2011(Saracourt)to Commence Exploration Program on Saracourt Property
Communiqués de Presse de Red Pine Exploration
24/06/2016Red Pine Exploration Expands Sampling of Gold Zones in the H...
05/06/2016Red Pine Exploration Closes Private Placement Financing
26/05/2016Red Pine Exploration Announces Brokered Private Placement to...
05/04/2016Red Pine Appoints Red Cloud Klondike Strike as Strategic Adv...
01/02/2016Red Pine Announces Results of Annual Meeting
22/01/2016Impact of New Gold Discoveries on Wawa Gold Project And Upda...
21/01/2016Red Pine Exploration Inc.: Impact of New Gold Discoveries on...
19/01/2016Red Pine Exploration to Exhibit at the 2016 Vancouver Resour...
18/12/2015IIROC Trading Resumption - RPX
18/12/2015RED PINE EXPLORATION DISCOVERS NEW GOLD ZONES, DRILLS 14.28 ...
17/12/2015IIROC Trading Halt - RPX
01/10/2015Red Pine Results Support the Extension of High-Grade Gold Zo...
17/09/2015Red Pine Identifies High-Grade Gold-Bearing Quartz Veins in ...
28/08/2015Red Pine Exploration Earns 30% Interest in Wawa Gold Project
27/08/2015Red Pine Exploration Earns 30% Interest in Wawa Gold Project
25/08/2015Red Pine Exploration Closes Third Tranche of Financing
21/08/2015Red Pine Exploration Closes Third Tranche of Financing
14/08/2015Red Pine Exploration Closes Second Tranche of Financing
13/08/2015Red Pine Exploration Closes Second Tranche of Financing
30/07/2015Red Pine Exploration Announces Appointment of New Chief Exec...
29/07/2015Red Pine Exploration Announces Appointment of New Chief Exec...
10/04/2015Intersects High Grade Footwall Mineralization, Wawa Gold Pro...
24/02/2015Red Pine Exploration to Exhibit at the 2015 PDAC Internation...
13/02/2015Red Pine Drills 48.66 Metres of 4.41 g/t Gold including 16.6...
12/02/2015Red Pine Drills 48.66 Metres of 4.41 g/t Gold Including 16.6...
10/02/2015Red Pine Reports on Wawa Gold Project Assay Results and Comm...
30/01/2015Red Pine Announces Results of Annual Meeting
27/01/2015Red Pine Drills 30.78 Metres of 3.06 g/t Gold, Including 7.7...
09/01/2015Red Pine Exploration to Exhibit at the 2015 Vancouver Resour...
06/01/2015Red Pine Exploration Provides Update on Wawa Gold Project
30/12/2014Red Pine Exploration Announces Proposed Share Consolidation
18/12/2014Red Pine Exploration Confirms Gold Mineralization Extends Be...
17/12/2014Red Pine Exploration Confirms Gold Mineralization Extends Be...
16/12/2014Red Pine Exploration Announces Staking of Additional Claims ...
15/12/2014Red Pine Exploration Outlines Exploration Program for Wawa G...
11/12/2014Red Pine Exploration Executes Assumption Agreement for the S...
11/12/2014IIROC Trading Resumption - RPX
11/12/2014IIROC Trading Halt - RPX
23/10/2014Red Pine Exploration Announces Acquisition of Québec Silica ...
23/10/2014Red Pine Exploration Announces Acquisition of Quebec Silica ...
31/07/2014Red Pine Exploration Completes Third Round of Drilling at Ca...
08/05/2014Red Pine Exploration to Commence Mechanized Trenching on its...
01/05/2014IIROC Trading Resumption - RPX
26/02/2014to Exhibit at the 2014 Prospectors and Developers Associatio...
12/07/2013Completes Initial Review of Cayenne-Chili Property
13/11/2012Provides Company Update
07/11/2012Announces Sale of Ava-Claire Property
01/03/2012to Exhibit at the 2012 PDAC International Trade Show & Inves...
01/09/2011Drill Results and Exploration Update
29/04/2011Adds Two Highly Prospective Properties & Provides Exploratio...
04/03/2011s Previous News Release
22/02/2011Announces Completion of Private Placement
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (RPX.V)
0,195+2.63%
TSX-V
CA$ 0,195
22/04 16:02 0,010
2,63%
Cours préc. Ouverture
0,190 0,190
Bas haut
0,190 0,195
Année b/h Var. YTD
0,160 -  0,235 -11,36%
52 sem. b/h var. 52 sem.
0,125 -  0,235 5,41%
Volume var. 1 mois
538 670 8,33%
24hGold TrendPower© : -37
Produit
Développe
Recherche Gold - Nickel
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 05/08/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
202430,00%
2023-48,28%0,450,13
2022-42,00%0,620,17
20211150,00%0,850,04
202014,29%0,060,02
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,72 AU$-0,19%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
10,87 US$-3,12%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,56 GBX+0,00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$-8,33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,38 CA$-4,03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,79 CA$-0,32%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,86 CA$+0,54%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,13 US$+0,58%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,88%Trend Power :