- Business
- Red Pine Exploration Inc. (TSX-V: RPX) is a Canadian gold exploration and development company focused on advancing the 100% owned Wawa Gold Project in the Michipicoten Greenstone Belt, located approximately two kilometers southeast of Wawa, Ontario; the project spans over 7,000 hectares comprising 302 claims, 17 leases, and 105 patents, hosting key deposits including the near-surface Jubilee Shear and deeper Minto Mine with a NI 43-101 compliant indicated resource of 14.7 million tonnes grading 1.8 grams per tonne gold containing 842,000 ounces and an inferred resource of 16.2 million tonnes grading 1.6 grams per tonne gold containing 843,000 ounces as of September 30, 2024. The company engages in data acquisition, geological compilation, interpretation, and diamond drilling programs to delineate and expand gold mineralization for potential open-pit and underground development scenarios; activities target high-grade extensions down-dip and down-plunge at Jubilee and Minto, as well as nearby zones like Cooper and historic mines with combined past production exceeding 120,000 ounces of gold. Founded in 1936 and headquartered at 145 Wellington Street West, Suite 1001, Toronto, Ontario, the company, formerly VenCan Gold Corporation until its name change in March 2009, completed consolidation of full ownership of the Wawa Gold Project in 2021 via acquisition of Citabar Limited Partnership interests; recent developments include a fully funded 25,000-meter drill program commenced in late 2024 yielding high-grade intersections such as 7.76 g/t gold over 15.49 meters in potential open-pit areas and further high-grade results from the Cooper zone announced in November 2025, alongside an updated mineral resource estimate and preliminary economic assessment on track for the first half of 2026.