Red Pine Exploration Inc.
TSX VENTURE : RPX

Red Pine Exploration Inc.

May 08, 2014 08:00 ET

Red Pine Exploration to Commence Mechanized Trenching on its Cayenne Property

TORONTO, ONTARIO--(Marketwired - May 8, 2014) - Red Pine Exploration Inc. (the "Company" or "Red Pine") (TSX VENTURE:RPX) is mobilizing for a mechanized trenching program on its Cayenne Property today.

The trenching program's aim is to uncover and better understand the geology of the upper/northern exhalite horizon with the mineralized zones at the Jefferson deposit and the VenCan showing. Stripping of trenches perpendicular to the main mineralization will also be completed to better define the main lithological units.

Iron-rich exhalites, formed by sub-seafloor hydrothermal activity, are prospective of VMS mineralization1. They can occur in close proximity to massive sulfide deposits and are a useful vector to ore according to J.M. Franklin, PhD, FRSC, PGeo. The upper exhalite at Cayenne has seen limited exploration in the past but the stringer-type mineralization pervasive within this horizon indicates that it has potential to host massive sulfide (VMS) mineralization.

The new surface information to be obtained from this program, which will take approximately 2-4 weeks to complete, combined with the results of the recent Winter 2014 drilling program will better constrain the main mineralized zones and help direct future exploration efforts.

About the Cayenne Property

  • The Cayenne Property hosts a Mattabi-type VMS system associated with an adjacent banded iron formation.
  • The multiple lenses of mineralization observed in the VenCan showings and Jefferson deposit indicate a stacked sequence of mineralized horizons.
  • Known high grade mineralization - assayed values of up to 24.7% Zinc, 15.6% Lead and 1.1% Copper from grab samples along the corridor (2013).
  • Close to existing infrastructure (rail line, power, all weather roads).

1 Galley, A.G, Hannington, M.D., and Jonasson, I.R., 2007, Volcanogenic massive sulphide deposits, in Goodfellow, W.D., ed., Mineral Deposits of Canada; A Synthesis of Major Deposits-Types, District Metallogeny, the Evolution of Geological Provinces, and Exploration Methods: Geological Association of Canada, Mineral Deposits Division, Special Publication No.5, p.141-161.

Qualified Person

Quentin Yarie, P.Geo., is the qualified person in regard to the technical data contained within this news release and is responsible for overseeing all aspects of the Company's exploration programs.

About Red Pine Exploration Inc.

Red Pine Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Cayenne Property consists of 4 mining patents and 21 contiguous mining claims totalling 4,096 hectares.

The Company's common shares trade on the TSX Venture Exchange under the symbol "RPX".

For more information about the Company visit www.redpineexp.com.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

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