09:12 AM EDT, 04/02/2020 (MT Newswires) -- Red Pine Exploration Inc. (RPX.V) may see further improvement from its rise of yesterday after it said Thursday that it intersected high-grade gold mineralization at its Wawa gold project in Ontario.

Drill results from the winter 2020 exploration program outlined 5.7 g/t of gold over 0.6 meters from 444 meters in drill hole SD-20-285A and 5.2 g/t of gold over 0.9 meters from 541 meters in drill hole SD-20-286. The company said the results indicate that the Surluga deposit continues and can grow at depth.

The 2020 drill campaign has been delayed due to COVID-19, though exploration activities are ongoing at the Wawa Gold Project and drill results for another 3 holes that were completed prior to the shutdown will be released as they are received.

Quentin Yarie, Chief Executive Officer, in a statement said, "The first set of drill results from the 2020 drill program suggests that the Surluga Deposit continues and can grow at depth. The first drill holes were exploring the largely untested areas of the structure with results showing that there is a broad distribution of gold in the Jubilee Shear Zone indicative of higher-grade gold mineralization within the zone and at depth. We expect that results from the holes that we were able to drill to date will enable us to further define the geometry of the mineralization below the current resource. This newly discovered extension of the Jubilee Shear Zone will continue to be a high priority target when we resume our 2020 drilling program."

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