Red Pine Exploration Discovers Additional High-Grade Gold In Surluga Deposit 

TORONTO, ON - Red Pine Exploration Inc. received results for holes sampled as part of its sampling program of historic core at its Wawa Gold Project. The Company has also completed two additional boreholes (SD-16-44 and SD-16-45) of its on-going exploration program.

Quentin Yarie, President and Chief Executive Officer of Red Pine states, "We are quite surprised to see that material containing up to 109 g/t gold was left un-sampled in the Surluga Deposit. This illustrates the untapped potential of the Surluga Deposit left by the partial sampling of the main ore structure by previous operators. We are also pleased to see that the core sampling program continues to have positive impacts on the gold weighted average for some of the sampled holes.

The observation of visible gold1 in multiple quartz veins in the hanging wall of the Jubilee Shear Zone, in both SD-16-44 and SD-16-45, indicate the potential of the hanging wall of the deposit to host gold mineralization. The observation of multiple spots with visible gold1 in the Jubilee Shear Zone in SD-16-45 indicates that this hole may have intersected an extension of the high-grade core of the Surluga Deposit."
Red Pine's current sampling of 42,000 meters of historic drilling (from 318 underground and 119 surface drill holes) continues to define additional gold in many of the historic boreholes that intersected the Jubilee Shear Zone, host of the Surluga Deposit2 - a 1.088 million ounces inferred resource. The Company concluded that the sampling gaps left in the Surluga Deposit were negatively impacting the inferred resource since all these un-sampled intervals were assigned a value of 0 g/t gold in the last resource statement. The spatial distribution of the historic boreholes with notable gold weighted average increases will positively change the current deposit mode.

The on-going diamond drill program is focussed on expanding the Surluga Deposit to the north. Hole SD-16-44 targeted the Surluga Deposit in the area where the core sampling program identified 109 g/t gold over 0.86 meter in previously un-sampled material in hole U0590L3 (Fig. 1). Hole SD-16-44 successfully intersected the Jubilee Shear Zone between 143.03 and 192 meters 4, as well as the Surluga Road Shear Zone between 221.25 to 245.78 meters 4. In addition, hole SD-16-42 intersected two zones of quartz stringers, one between 37.8 and 52 meters 5 and the other one between 58.32 and 65.37 meters meters5. Each zone of quartz stringer includes one vein observed to contain visible gold1. Hole SD-16-44 also intersected a quartz vein with visible gold1 at 2.78 meters.

Hole SD-16-45 is drilled from the same location as SD-16-44 and targeted the interpreted extension of a high-grade zone in the northernmost extension of the Surluga Deposit (Figure 1). Hole SD-16-45 successfully intersected the Jubilee Shear Zone 40 meters up-dip of SD-16-44, along the same section. In the Jubilee, visible gold1 was observed at four different locations at 148.1m, 153m, 155.88m and 160.72m.