Welcome!

News Feed Item

Red Pine Intersects 27 meters of 8% Zinc Including 12.7 meters of 13.6% Zinc

TORONTO, ONTARIO -- (Marketwired) -- 01/28/14 -- Red Pine Exploration Inc. (the "Company") (TSX VENTURE:RPX) announces results from its late December-2013 drill program on the Cayenne-Chili Property.

Volcanogenic-Massive- Sulphide ("VMS") Occurrence Intersected

Mechanized trenching conducted in July 2013 exposed an area of massive sulphides consisting of sphalerite (zinc), galena (lead), and veins of chalcopyrite (copper) immediately west of the historic VenCan Zinc showing. In late December 2013, the Company drilled its initial 3 drill holes, which were collared to explore this area and are numbered as CC13-01, CC13-02 and CC13-03.

All the drill holes intersected stockwork or feeder mineralization. Holes 1 and 2 were drilled in close proximity and hole 3 was drilled approximately 120 metres to the northeast. The significant assay results included Hole 1, which intersected 27.47 metres of 8.02% zinc and Hole 2, which intersected 16.44 metres of 3.63% zinc.

Significant assay results are presented below:


----------------------------------------------------------------------------
                             Length(i)   Zinc % Copper %   Lead % Silver g/t
Borehole    From (m)  To (m)       (m)     (Zn)     (Cu)     (Pb)       (Ag)
----------------------------------------------------------------------------
CC13-01           11   38.47     27.47     8.02     0.34     1.00       8.48
----------------------------------------------------------------------------
includes       23.54   36.25     12.71    13.64                             
----------------------------------------------------------------------------
               26.53   29.53      3.00                                 41.00
----------------------------------------------------------------------------
               26.53    33.5      7.00              1.04                    
----------------------------------------------------------------------------
CC13-02         2.26    18.7     16.44     3.63     0.35     0.58       3.20
----------------------------------------------------------------------------
includes        2.26     6.9      4.34    11.17                             
----------------------------------------------------------------------------
(i) Lengths reported above are drill intersected core and do not represent  
true widths.                                                                

As press released earlier, both electromagnetic and down-hole IP surveys of selected historic and the recent 3 drill holes were conducted in early January. The primary purpose of conducting hole-to-hole induced polarization geophysics program was to identify strike and plunge of the VMS mineralized lenses of the VenCan Zone. The results of the survey are being processed and will be used to direct continued drilling in this area.

Although the final interpretation and analysis is still in progress, the surveys would indicate that the mineralization is plunging to the west along strike. Based on how typical VMS systems behave, mineralization should increase the closer we move to the core of the system. The current geophysical and geochemical vectors indicate that this is west along strike. This hypothesis is further supported by the fact that Hole CC13-03 intersected 30 meters of 0.5% zinc stockwork material.

January 2014 Exploration Program Update

Drilling has re-commenced on the property. The Company anticipates drilling 10 to 15 holes, which should be completed by late February and expects to issue a news release on some of the drill-hole results in late February or early March as assays become available. A program of down-hole geophysical surveys will then be conducted on all the new drill holes in conjunction with geochemical and structural analysis to assist in drill targeting for the next phase of field exploration in April.

Summary of Drill-Hole Logs

CC13-01 was drilled into the massive sulfide mineralization exposed at surface at the Vencan showing to test its extension at depth. In situ geochemical analyses with a Niton light element XRF analyzer of the massive sulfide mineralization and its alteration envelope indicate a well behaved VMS-like hydrothermal system with an alteration envelop comprised of proximal chlorite and iron carbonate alteration and distal sericitization and silicification. Proximal chemical indicators of the mineralization include Cadmium (Cd), Iron (Fe), Manganese (Mn) and Tin (Sn) enrichments associated with the Zinc (Zn)-rich mineralization.

CC13-02 intersected a lateral extension of the massive sulfide mineralization nearer to surface and a Zn-mineralized stockwork mineralization at depth. Intense silicification characterizes the main alteration type of the stock work zone.

In CC13-03, the intersected mineralization has the attributes of the stockwork mineralization intersected in CC13-02 with Zn-rich stringers hosted in strongly silicified iron formation. This alteration zone still displays Mn and Sn enrichments similar to the massive sulfide mineralization and is interpreted to form the lateral extension of the stockwork zone in CC13-02.


----------------------------------------------------------------------------
                                   Elevation      Depth                     
Hole ID        Easting   Northing   (Metres)   (Metres)       Dip    Azimuth
----------------------------------------------------------------------------
CC13-01         407843    5298111        430        155     -84.5      334.8
----------------------------------------------------------------------------
CC13-02         407842    5298115        430        146       -55        290
----------------------------------------------------------------------------
CC13-03         407933    5298190        407         83       -65      165.8
----------------------------------------------------------------------------

Red Pine Receives Amended Permit from MNDM for Expanded Exploration Program

Red Pine is pleased to announce that it has received an amended exploration permit from the Ministry of Northern Development and Mines to further explore the Cayenne-Chili Property in the Swayze Belt, Ontario. The new permit is good for 3 years and covers diamond drilling, mechanized stripping, and trenching. The amendment covers the requirement for additional drill setups (greater than 20) for the continued exploration programs on the Cayenne-Chili Property.

On-site Quality Assurance/Quality Control Measures

All samples have been shipped to ACTLABS preparation laboratory in Thunder Bay Ontario. Analyses will be performed in the ACTLABS laboratory in Ancaster or Timmins, Ontario. All core samples were selected by the Red Pine site geologist, and were cut in half by diamond core saw. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags that were shipped out when ready. The remaining coarse reject portions of the samples remain in storage at the ACTLABS preparation laboratory storage facility in Thunder Bay as required in the event that further work or verification is needed.

Independent Quality Assurance and Quality Control Protocol

A QA/QC program has been implemented to monitor all assays from the current drilling program. Samples are assembled in batches and are continuously leaving the site for immediate testing. Included in each batch of samples are certified reference standards every 20 samples and blank samples comprised of sterile drill core inserted randomly (approximately every 20-30 samples).

About the Cayenne-Chili Property


--  The Cayenne - Chili Property hosts a remobilized VMS System Associated
    with an adjacent banded iron formation. 
--  Multiple lenses of mineralization observed in the VenCan zinc showing
    indicate a stacked sequence of mineralized horizons 
--  Remobilized Mineralization dips steeply to the North- not to the South
    as previously interpreted 
--  Identified new showings with full utilization of Geophysical and
    Geochemical Data 
--  Known High Grade Mineralization - assayed values of up to 24.7% Zn,
    15.6% Pb and 1.1% Cu from grab samples along the corridor (2013) 
--  Close to existing infrastructure (rail line, power, all weather roads) 

Qualified Person

Quentin Yarie, P.Geo, is the qualified person in regard to the technical data contained within this news release and will be 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-Chili Property consists of 57 contiguous mining claims totalling 8704 hectares.

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

More detailed information about the Company is available on the website: 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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In the first article of this three-part series on hybrid cloud security, we discussed the Shared Responsibility Model and examined how the most common attack strategies persist, are amplified, or are mitigated as assets move from data centers to the cloud. Today, we’ll look at some of the unique security challenges that are introduced by public cloud environments. While cloud computing delivers many operational, cost-saving and security benefits, it takes place in a public, shared and on-demand ...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, will discuss how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees will learn how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He will also look at what good leadership must entail in order to accomplish this, and how IT managers ca...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of pati...