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Red Pine Exploration

Publié le 05 avril 2016

Red Pine Appoints Red Cloud Klondike Strike as Strategic Advisor, Continues Assessment of 42,000 Metres of Historic Core at its Wawa Gold Project, Wawa Ontario

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Red Pine Appoints Red Cloud Klondike Strike as Strategic Advisor, Continues Assessment of 42,000 Metres of Historic Core at its Wawa Gold Project, Wawa Ontario

Toronto, Ontario - April 5, 2016 - Red Pine Exploration Inc. (TSX-V: RPX) ('Red Pine' or 'the Company') is pleased to announce that, effective March 25, 2016, it has entered into a strategic advisory agreement with Red Cloud Klondike Strike Inc. ('Red Cloud KS'), whereby Red Cloud KS will provide advisory services on both capital markets and merger and acquisitions to the Company.

About Red Cloud KS

Red Cloud Klondike Strike Inc. is a 'new concept' capital markets advisory firm dedicated solely to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many facets of the business to help companies identify alternative sources of capital and quality actionable growth/divestiture opportunities, and to generate and maintain important relationships with key investors.

Red Cloud KS recently launched the world's first regulated equity crowd funding platform for mining. The signature online investment platform offers a unique alternative method of accessing capital as it enables investors to directly participate in security offerings, and provides issuers the access to a fresh pool of investors in a streamlined, secure, online process. Red Cloud KS is registered as an Exempt Market Dealer (EMD) in all provinces of Canada, as well as the Yukon, and is subject to applicable securities regulations.

Historic Core Sampling Program

Following its 2015 exploration programs, the Company speculated that some of the gold zones in the footwall and hanging wall of the Surluga Deposit were not entirely sampled in the past and that sampling gaps remained in some gold mineralized zones of the Surluga Deposit.

As announced on February 11, 2016, the Company is currently progressively describing and selectively sampling approximately 42,000 metres of historic drilling (from 318 underground and 119 surface drill holes) in the Wawa Gold Corridor to help fill these gaps. The work aims to extend and define additional gold zones in the footwall and hanging wall of the Surluga Deposit, and extend some gold zones of the Surluga Deposit that were not entirely sampled in the past. Red Pine intends to add the newly identified gold-bearing intersections to the existing inferred resource .

About Red Pine Exploration Inc.

Red Pine Exploration Inc. is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol 'RPX'.

Red Pine has a 30% interest in the Wawa Gold Project and is part of a Joint Venture Agreement (JVA) with Citabar LLP and Augustine Ventures Inc. Under the terms of the JVA, Red Pine is the Operating Manager and continues to explore and advance the current gold resource on the property.

On December 17, 2015, Red Pineand Augustine Ventures conjointly signed a Letter of Intent to merge. The merged exploration company will own 60% of the Wawa Gold Project.

For more information about the Company visit www.redpineexp.com

Or contact:

Quentin Yarie, President & COO, (416) 364-7024, [email protected]

Or Mia Boiridy, Investor Relations, (416) 364-7024, [email protected]

NI 43-101 inferred resource of 1,088,000 ounces of gold at a 1.71 grams per tonne (g/t) using a 0.40 g/t gold cut-off grade for pit-constrained and 2.50 g/t gold cut-off grade for underground-constrained resources, contained in 19.82 million tonnes open along strike and at depth. The Cut-off grades are based on a gold price of US$1,250 per once and a gold recovery of 95 percent (Mineral Resource Statement*, Surluga-Jubilee Gold Deposit, Wawa Gold Project, Ontario, SRK Consulting (Canada) Inc (effective May 26, 2015)). The report is available on www.SEDAR.com under Red Pine's profile.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains forward-looking statements. 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.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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Red Pine Exploration

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CODE : RPX.V
ISIN : CA75686Y1088
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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 55,0 millions CA$ (40,3 millions US$, 37,8 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.

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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
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