TSXV:SPOT - Post Discussion
Post by
retiredcf on Nov 25, 2021 8:56am
NR
08:09 AM EST, 11/25/2021 (MT Newswires) -- Red Pine Exploration (RPX.V) said Thursday that it has tapped GoldSpot Discoveries (SPOT.V), to apply its machine learning technology and greenfield geoscience expertise on the Wawa Gold Project.
The company's stock, which rose 3.8% in Canada yesterday, climbed 4.3% in early Frankfurt trading on Thursday.
GoldSpot's analysts will allow the company to expand exploration beyond its currently identified high priority targets.
Quentin Yarie, CEO and president of Red Pine Exploration, xaid the company is looking to expand upon the current NI 43-101 compliant resource with about 1.3 million tons at 5.47 grams per ton of gold for 230,000 ounces in the indicated category and nearly 2.7 million tons at 5.39 g/t gold for 471,000 ounces in the inferred category contained between the surface to 350 meters depth.
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