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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 smittigatoron Dec 22, 2014 8:19am
159 Views
Post# 23255277

works all done in wawa

works all done in wawaDrills and all equipment have been moved off site, grab samples and drilling complete, back to the office for them to wait for drill results, if positive they will return for more sampling. of all the projects in the wawa area, this would seem to be the most viable, permits and plans are already in place, first nations are on board and communtiy as well. from my studies there is only one issue, looks like the people at citibar let a couple of surface rights get sold in a tax sale by the municipality a few years back, this individual has three blocks of land in the area they are planning to develope, may not be an issue if these three parties approach with a proper offer. other than that the coast is clear to develope. merry xmas everyone, likely no more news til the new year.
Bullboard Posts