It has been a whirlwind improvement yr for Pink Pine Exploration’s (TSXV: RPX) flagship, 100%-owned Wawa gold challenge, beginning with the consolidation of the corporate’s pursuits and acquisition of the Conflict Eagle mining claims adjoining to the property within the Michipicoten area of Ontario this spring, and optimistic outcomes from its summer season drilling program, saying the invention of high-grade gold mineralization within the Jubilee shear zone, Minto Mine shear zone and the newly recognized Sadowski gold zone.
Highlights embrace the intersection of 4.66 grams gold per tonne over 12.24 metres true width (TW) within the Jubilee shear zone, together with 24.1 grams gold per tonne over 0.68 metres (TW) and 14.68 grams gold per tonne over 1.94 metres (TW), 440 metres down plunge of the boundary of the Surluga useful resource, and the invention of high-grade gold mineralization within the newly recognized Sadowski gold zone with the intersection of 13.95 grams gold per tonne over 4.48 metres core size (CL) together with 29.29 grams gold per tonne over 2.02 metres.
This month, the corporate introduced the invention of high-grade gold mineralization within the Minto Vein, 30 metres down-dip of the present boundary of the Minto mine deposit’s inferred useful resource, with a notable intersection of 109.37 grams gold per tonne (uncut) over 2.68 metres true width (TW) within the Minto vein, together with 314 grams gold per tonne over 0.84 metres (TW) and 26.93 grams gold per tonne over 0.95 metre (TW).
The invention of high-grade gold mineralization within the Jubilee shear zone, greater than 400 metres down-dip of the present boundary of the Surluga deposit’s inferred useful resource was additionally introduced in September, with an intersection of 25.73 grams gold per tonne over 4.78 metres true width (TW) within the Jubilee shear zone, together with 41.73 grams gold per tonne over 1.93 metres (TW) and 45.80 grams gold per tonne over 0.92 metre (TW).
Gold mineralization was recognized extending for about 1.9 km alongside strike at Surluga; the Surluga useful resource is 3.6 millon tonnes grading 5.26 grams gold per tonne, Haywood Securities reviews, which additional validates the untapped and growth potential of the Wawa gold challenge.
The property has hosted quite a few gold mines with historic manufacturing of over 120,000 ounces, and Wawa’s two mineral deposits, Surluga and Minto mine south, have a present estimated NI 43-101 indicated useful resource of 1.31 million tonnes grading 5.47 grams gold per tonne for 230,000 ounces and a couple of.72 million tonnes grading 5.39 grams gold per tonne for 471,000 ounces within the inferred class.
Pink Pine’s CEO Quentin Yarie says the exploration workforce discovered three separate places with seen gold within the Jubilee shear zone at over 650 metres vertical depth, and intends to proceed exploration within the down plunge course of the Surluga useful resource.
“The Minto shear intersection was typical of what we have now seen within the Minto mine useful resource and the intersection is over an honest true width,” Yarie says. “The Sadowski zone had a fairly good kick as effectively, with over 24 grams per tonne.”
Yarie says the corporate has additionally expanded the footprint at Minto mine south, with a step-out of 40 metres past the present useful resource.
Pink Pine Exploration has additionally introduced further outcomes from its 2021 floor exploration program, together with the identification of latest zones of gold mineralization in shear zones positioned on and adjoining to the corporate’s newly acquired Conflict Eagle claims.
In parallel to its drilling program, and the identification of latest zones of high-grade mineralization, Pink Pine started a prospecting, channel sampling and floor mapping program, performed on and throughout the environment of the Conflict Eagle claims, a part of the Wawa gold land package deal.
The Conflict Eagle mining claims exhibit gold showings with related traits to the Wawa challenge’s extremely potential Darwin-Grace constructions, each of that are positioned within the McMurray Township.
Two drill rigs are lively on web site, concurrently drilling beneath the Surluga deposit to the north and south, and with the anticipated arrival of a 3rd drill, Pink Pine plans to check the property’s greenfield targets.
With an exploration and drilling program set to hit a deliberate 15,000 meters, as of early September, over 5,423 meters have been drilled on the North and South deposits of the Surluga useful resource.
“Our concept is holding true – we’re getting increased grade mineralization at depth, and as anticipated, the shear methods proceed to depth,” Yarie says. “We’re in a position to show that the mineralization continues past the present useful resource.”
The Wawa gold challenge is within the Michipicoten greenstone belt, a area that has seen main funding by a number of producers within the final 5 years. Its land package deal hosts quite a few historic gold mines and is over 6,800 hectares in dimension.
Strengthening its place as a mineral exploration and improvement participant within the Michipicoten area, led by Yarie, who has over 25 years of expertise in mineral exploration, the corporate’s board of administrators contains Chairman Paul Martin, the previous CEO of Detour Gold, and fellow administrators with expertise at Alamos, Barrick, Technology Mining, Detour Gold, and just lately appointed Rachel Goldman, who has capital markets experience and a place at Paramount Gold Nevada.
The previous Joint Enterprise Article is PROMOTED CONTENT sponsored by Pink Pine Exploration and produced in co-operation with MINING.COM.
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