As part of its due diligence on the Wawa Gold Project property (the "Wawa Gold Project") and to further establish the property’s potential for additional high-grade gold mineralization, Red Pine revisited some of the known high-grade quartz veins on the property. This field sampling program was undertaken to confirm the reported historic grades for gold showings and prospects related to quartz veins and gold-bearing shear zones, and to better understand how the morphology of the different quartz vein sets is constrained.
Geochemical analyses confirmed each noted prospect and returned gold assay grades of up to 31.9 grams per tonne* in individual grab samples of quartz veins and gold-bearing shear zones. Sampling also confirmed the potential to intersect high-grade quartz veins and shear zones that extend beyond the Surluga Gold Deposit – an inferred gold resource of 1.1 million ounces at 1.49 grams per tonne.
The intersections of high-grade quartz veins and shear systems associated with the Surluga Deposit could represent a key element for the formation of high-grade gold mineralization zones at Surluga. The gold-rich shear zones and quartz veins at the Minto and Sunrise prospects suggest potentially undiscovered high-grade gold zones in the Surluga Deposit
Wawa Gold Project Highlights
- Located in Wawa, Ontario, an area of significant historical and current gold exploration (since 1890’s) and production (1902 to 1991);
- 172 patented and leased and unpatented mining claims within the McMurray Township, a total of 2,426;
- 182 claim units on crown land, a total of 2,912 hectares;
- Property hosted eight past producing mines with historic production of over 120,000 ounces;
- Inferred resource of 1,072,335 ounces at 1.49 grams per tonne gold contained in 22,355 tonnes, open along strike and at depth;
- Reinterpretation of property geology could lead to improvement in both grade and size of the gold resource;
- Proximity to established regional infrastructure (roads, rail, regional airport, high voltage power lines, natural gas, water).
On-site Quality Assurance/Quality Control ("QA/QC") Measures
All samples were shipped to and analysed by Activation Laboratories Ltd. in Ancaster, Ontario. 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. The remaining coarse reject portions of the samples will remain in storage at the Activation Laboratories Ltd. in Ancaster, Ontario as required in the event that further work or verification is needed.
