Welcome!

News Feed Item

Red Pine Exploration Reports on Its Cayenne Property Winter 2014 Drilling Program and Prepares for Spring Drilling

TORONTO, ONTARIO -- (Marketwired) -- 05/14/14 -- Red Pine Exploration Inc. (the "Company" or "Red Pine") (TSX VENTURE: RPX) announces that it is encouraged by the results from its 2014 Cayenne Property drilling program, located 110 kilometres southwest of Timmins, Ontario. Drilling identified an extension at depth of the Jefferson deposit with a geologic horizon (the "Jefferson Horizon") that is the main host of the volcanogenic massive sulfide mineralization ("VMS"). Also, a new VMS centre was discovered 2.5 kilometres west of Red Pine's VenCan Showing with pervasive copper enrichment.

Mechanized trenching is underway and the Company is currently mobilizing for its planned spring drill program of 15-20 holes totalling about 3,000 metres which will commence early next week. Following a successful financing, the Company is now well positioned for the 2014 exploration year as this allows for approximately another 18,000 metres of drilling to be completed without any additional external financing.

A total of 10 exploration holes (CC14-04 to CC14-13) were drilled in January-February, 2014. Exploration efforts to date have identified several mineralized centres across a 5 kilometre strike length at Cayenne - pointing to a potential VMS camp. The winter 2014 drilling program continued to explore along the extensive strike length of the Mattabi-type volcanogenic massive sulphide (VMS) system. Red Pine is targeting a potential VMS discovery in excess of 5 million tonnes, which would be located close to extensive existing infrastructure.

Jefferson Deposit

Drilling identified extensions of the Jefferson deposit both laterally and at depth. Stratigraphic and structural evidence indicates that the high grade massive sulfide zones of the Jefferson Deposit are "pockets" of initially larger polymetallic massive sulfide bodies. Each pocket is surrounded by stockwork material or thinner massive sulfide zones. The potential, but also the continuity of VMS mineralization in the Jefferson deposit, is evidenced by Hole CC14-05 that intersected a 30 metre long and continuous zone of semi-massive to disseminated VMS zinc-copper-lead ("Zn-Cu-Pb") mineralization. This hole extends the Jefferson Deposit mineralization along the same stratigraphic horizon ("Jefferson Horizon") and shows the potential to find a new zone of high grade massive sulfide mineralization either deeper or laterally along strike.

Table 1: Assay highlights - Jefferson Deposit


----------------------------------------------------------------------------
                                                                       Zinc
                             Silver (Ag)  Copper(Cu)   Lead (Pb)        (Zn)
Borehole                             g/t           %           %           %
----------------------------------------------------------------------------
CC14-05                             5.88        0.16        1.18        2.29
----------------------------------------------------------------------------
        Including                   3.68        0.03        1.48        4.57
----------------------------------------------------------------------------
        Including                  21.82        0.75        3.38        4.44
----------------------------------------------------------------------------
CC14-06                             0.58        0.02        0.65        2.10
----------------------------------------------------------------------------
CC14-07                             0.11        0.66        0.00        0.27
----------------------------------------------------------------------------
CC14-13                             0.49        0.01        0.06        0.20
----------------------------------------------------------------------------
        Including                   2.67        0.03        0.13        0.85
----------------------------------------------------------------------------
        Including                   0.91        0.03        0.28        0.82
----------------------------------------------------------------------------

----------------------------------------------------------------
                                                       Length(i)
Borehole                        From (m)      To (m)         (m)
----------------------------------------------------------------
CC14-05                            68.20      101.25       33.05
----------------------------------------------------------------
        Including                  69.20       74.20        5.00
----------------------------------------------------------------
        Including                  89.10       95.25        6.15
----------------------------------------------------------------
CC14-06                            14.00       20.00        6.00
----------------------------------------------------------------
CC14-07                             1.64       31.50       35.50
----------------------------------------------------------------
CC14-13                            14.75       50.00       35.25
----------------------------------------------------------------
        Including                  17.75       20.75        3.00
----------------------------------------------------------------
        Including                  46.50       50.00        3.50
----------------------------------------------------------------

(i)Lengths reported above in metres ("m") are drill intersected core and do not represent true widths.

Drilling planned in this area will focus on expanding the Jefferson Horizon to the east, west and north (the new exhalative horizon(1)).

(1) Iron-rich exhalites, formed by sub-seafloor hydrothermal activity, are prospective of VMS mineralization and are a useful vector to ore according to J.M. Franklin, PhD, FRSC, PGeo.

Vencan Zinc Showing

Holes CC14-10 and CC14-12 confirmed the along strike western extension of the VMS mineralization initially intersected in hole CC14-01 (27.47 metres of 9.36% zinc including 12.71 metres of 16.51% zinc). The intersected semi-massive to disseminated Zn mineralization in both holes is typical of stockwork material found stratigraphically below the massive sulfide lenses in the Vencan area. Based on its chemistry and pervasive base metal enrichments, the stockwork material intersected in holes CC14-10 and CC14-12 represents a strong proximity indicator of polymetallic VMS massive sulfide lenses.

Table 2: Assay highlights - Vencan Showing


--------------------------------------------------------------------
           Silver  Copper    Lead    Zinc
             (Ag)    (Cu)    (Pb)    (Zn)                  Length(i)
Borehole      g/t       %       %       % From (m)   To (m)      (m)
--------------------------------------------------------------------
CC14-10      3.21    0.12    0.42    3.13    55.00    59.00     4.00
--------------------------------------------------------------------
CC14-12      1.17    0.02    0.15    0.60    61.00    68.00     7.00
--------------------------------------------------------------------

(i)Lengths reported above in metres are drill intersected core and do not represent true widths.

Table 3: Silver (Ag) assay highlights - Vencan Showing


----------------------------------------------------------------------------
                                 Silver
                                    (Ag)                           Length(i)
Borehole                             g/t    From (m)      To (m)         (m)
----------------------------------------------------------------------------
CC13-01                             9.48          11        38.7       27.47
----------------------------------------------------------------------------
including                          16.26       23.54       36.25       12.71
----------------------------------------------------------------------------
CC13-02                             3.58        2.26        18.7       16.44
----------------------------------------------------------------------------
including                           9.58        2.26        6.98        4.34
----------------------------------------------------------------------------

(i)Lengths reported above in metres are drill intersected core and do not represent true widths.

Geochemical, structural and geophysical analysis point to a target beneath the existing drilling intersections at Vencan. This is typical of a boudinaged system - mineralized lenses which "pinch and swell" along the entire strike length. Drilling at Vencan will focus on locating the "swelled" zones as they would contain the largest volumes of potential mineralization.

A complete table of all assays will be available on our website.

About the Cayenne Property


--  The Cayenne Property hosts a Mattabi-type VMS System Associated with an
    adjacent iron rich exhalative horizons (multiple)
--  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)

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 Red Pine'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".

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
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., and Logan Best, Infrastructure & Network Engineer at Webair, focused on real world deployments of DDoS mitigation strategies in every layer of the network. He gave an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He also outlined what we have found in our experience managing and running thousands of Linux and Unix ...
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"Operations is sort of the maturation of cloud utilization and the move to the cloud," explained Steve Anderson, Product Manager for BMC’s Cloud Lifecycle Management, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...