Skip to content

Tag: Red Pine Exploration Inc.

Red Cloud | redcloudfs.com

H2/19 Explorer Preview – Looking for Winners in the Upcoming Drill Season

Introducing our inaugural Exploration Preview, which focuses on names within our coverage universe with drill bit torque. We review the exploration potential and try and quantify the potential impact on the share price should the company be successful in delivering results. We believe that exceptional drill results can create value regardless of where we are in the commodity cycle. Our top ideas are highlighted in Figure 1 below and will be presented in a similar alphabetical order within this document, bifurcated for precious and base metals focus.

Read More »
Red Cloud | redcloudfs.com

Red Pine Exploration Inc. (TSXV:RPX) – Landmark Resource Update Signals Potential

Impact: Very Positive

Red Pine announced an updated underground resource for its Surluga Deposit with 600Koz at 5.3 g/t Au, which we view as a significant milestone, demonstrating that Surluga is a robust and mineable deposit with plenty of room for growth. Perhaps more importantly, we feel Red Pine is just getting started at its Wawa Gold Project, having also recently announced budding resources at Minto South (100Koz at 6.8 g/t Au) and having made a number of new gold discoveries within the Wawa Gold Corridor (WGC). We believe the WGC has multi-million-ounce gold potential which Red Pine is well positioned to surface via drilling.

Read More »
Red Cloud | redcloudfs.com

Red Pine Exploration Inc. (TSXV:RPX) – New Zones Bode Well for Growth

Impact: Mildly Positive

Drill results from Red Pine reveal additional gold zones in the vicinity of its Surluga deposit within its Wawa Gold Project. This bodes well for the growth potential of the deposit beyond the upcoming resource estimate. We continue to believe the Wawa Gold Corridor hosts a large gold system and that Red Pine is positioned to deliver multiple gold discoveries.

Read More »
Red Cloud | redcloudfs.com

Red Pine Exploration Inc. (TSXV:RPX) – Results Point to Third Ore Shoot

Impact: Positive

Red Pine has announced some of the best drill intercepts we have seen from its Wawa Gold Project, which point to the emergence of a potential third ore shoot on the fringes of the current resource envelope. We continue to believe the Wawa Gold Corridor hosts a large gold system and that Red Pine is positioned to deliver multiple gold discoveries.

Read More »
Red Cloud | redcloudfs.com

Red Pine Exploration Inc. (TSXV:RPX) – Moving Forward at WaWa

Impact: Mildly Positive

Following its maiden resource of 100 koz at 6.8 g/t at its Minto South project, Red Pine is now filling in the gaps at its larger Surluga project alongside high grade discoveries at Minto South demonstrating its potential for future growth across its projects. The results support our view that the Wawa corridor hosts a large gold system which may encompass multiple gold deposits.

Read More »
Red Cloud | redcloudfs.com

Red Pine Exploration Inc. (TSXV:RPX) – A Step in the Right Direction

Impact: Mildly Positive

Red Pine has announced a maiden resource estimate of 100Koz gold grading 6.8 g/t at their Minto South project. The size of the resource is modest, however, the likelihood of resource expansion with more drilling at Minto South is good given that it is open in all directions. Moreover, we believe that Red Pine’s efforts to better understand structural controls on mineralization within the Wawa Gold Corridor are beginning to pay dividends. As a result, we expect future drilling may more effectively target high grade shoots both at Minto South and Surluga. The results support our view that the Wawa corridor hosts a large gold system which may encompass multiple gold deposits.

Read More »

Couldn't find what you're looking for? Search here