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Red Pine Exploration Inc V.RPX

Alternate Symbol(s):  RDEXF

Red Pine Exploration Inc. is a Canadian gold exploration company. The Company is in the exploration stage and has not commenced any commercial operations. The Company’s flagship asset is the Wawa Gold Project. The Wawa Gold Project is in the Michipicoten Greenstone Belt of Ontario. The Wawa Gold Project covers over 7,021 hectares (ha), including 309 claims covering 4,788 ha; 17 leases covering 790 ha; and 105 patents covering 1,443 ha. The Wawa Gold Project hosts several former smaller scale mining operations with a combined historic production of approximately 419,560 tons with a recovered 120,093 oz of gold at an average head grade of 9.04g/t1 Au, is located approximately two kilometers east of the Town of Wawa in northern Ontario. The Company holds claims on various other properties, which include Cayenne Property, Fern Elizabeth Property, and Rand Garrison Property. Cayenne Property is a 133-ha property. The Company also holds NSR royalties on various properties.


TSXV:RPX - Post by User

Bullboard Posts
Post by bluesky1on Oct 23, 2014 8:13am
163 Views
Post# 23053559

NEWS! Red Pine to acquire the Kipawa Silica Property

NEWS! Red Pine to acquire the Kipawa Silica Property

TSX-V: RPX

Red Pine Exploration Announces Acquisition of Québec Silica Property

Dear Red Pine Enthusiast,

The Company announces that it has entered into an agreement, subject to certain terms and conditions, to acquire the Kipawa Silica Property (the "Kipawa Property") located approximately 15 kilometers east of Temiscaming, Québec.

Quentin Yarie, our President & COO, commented: "We continue to evaluate opportunities that will increase shareholder value and acquiring the Kipawa Silica Property will be a good complement to our project portfolio. Silica belongs to a group of materials known as Industrial Minerals which includes such minerals as lithium, graphite and vanadium. Many of these minerals including silica gained prominence in recent years as more and more countries consider them strategic materials. Silica is a rapidly growing commodity and represents a new and exciting opportunity for Red Pine. We hope to be strategically positioned to capitalize on the future demand for high-purity silica."

To read the press release in its entirety, please click here.

Best Regards,

Mia Boiridy
Investor Relations
Red Pine Exploration Inc.
Email: mboiridy@redpineexp.com

Bullboard Posts