Phase 1 Exploration Program With Majority Focus On Expansion Of Surluga, And Minto South Resources

TORONTO - Red Pine Exploration Inc. reported that it plans to significantly expand its exploration program into 2022. Highlights of the 2022 Phase 1 exploration program include:Expansion of the contractor drill fleet from 2 to 4 on-site operators; Approximately 60% of the program will focus on areas which have the potential to expand the current Surluga and Minto South resources; and Approximately 40% of the program will focus on our priority greenfield targets which were not tested in 2021: Grace-Darwin, Hornblende Shear Zone and the Sadowski Zone. The Phase 1 drill program is targeted to be complete by the third quarter 2022 and span up to 25,000 meters of anticipated drilling.

"Our 2021 drill program has positively set the table for an expansion of the drilling program into 2022,” said Quentin Yarie, CEO and President. "As always, we take a holistic approach to our exploration programs and results will dictate and adjust this dynamic program. We also expect that this program, and the expected follow-on Phase 2 program, should put the Company in a position to consider an update of the resource in the future. The current NI 43-101(1) compliant resource contains 1,307,000 tonnes at 5.47 g/t gold for 230,000 ounces in the indicated category and 2,716,000 tonnes at 5.39 g/t gold for 471,000 ounces in the inferred category, with 90% contained in the upper 300 meters."