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Last $0.02 USD
Change Today 0.00 / 0.00%
Volume 0.0
RDEXF On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 8:10 PM 03/23/15 All times are local (Market data is delayed by at least 15 minutes).

red pine exploration inc (RDEXF) Snapshot

Open
$0.02
Previous Close
$0.02
Day High
$0.02
Day Low
$0.02
52 Week High
04/1/14 - $0.04
52 Week Low
10/16/14 - $0.0040
Market Cap
3.7M
Average Volume 10 Days
13.6K
EPS TTM
--
Shares Outstanding
249.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for RED PINE EXPLORATION INC (RDEXF)

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red pine exploration inc (RDEXF) Details

Red Pine Exploration Inc., a junior exploration company, is engaged in the acquisition, exploration, and development of gold and base metals in Canada. It primarily holds interest in the Cayenne-Chili property covering an area of approximately 4,096 hectares of 21 contiguous claims and 4 patented claims. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc. in March 2009. Red Pine Exploration Inc. was founded in 1936 and is headquartered in Toronto, Canada.

Founded in 1936

red pine exploration inc (RDEXF) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$22.0K
President, Chief Operating Officer, Director ...
Total Annual Compensation: C$70.8K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$25.2K
Compensation as of Fiscal Year 2014.

red pine exploration inc (RDEXF) Key Developments

Red Pine Exploration Inc. Continues Drilling on the Wawa Gold Project

Red Pine Exploration Inc. has now completed 2 exploration drill holes (SD-15-07 &SD-15-08) as part of its Winter 2015 program which is planned for 8 to 15 drill holes totaling 2,000 to 4,000 metres on the Surluga Gold Deposit. The programs primary focus is to provide supporting results in order to both expand the grade and size of the resource and for infill drilling where there are gaps in the historic data which can then be used for the revised resource calculation. The company have now also completed an airborne multi-component magnetic survey over the entire Wawa Gold Property. Quartz veins and sericitized rocks have been intersected in both of the completed drill holes which is consistent with the gold bearing intersects encountered during the 2014 drill program. The intersections observed in these holes are as follows: //st Hole ID From (m) To (m) Length (m)* Vertical Depth to top of intersection(m) SD-15-07 218 264 46 178 SD-15-08 291 341 50 252. True width has not been calculated for each individual intercept, but true width is generally estimated at 85%-95% of drilled width. SD-15-07 was designed to better define the ore shoot intersected in SD-14-06 based on the hypothesis that SD-14-06 intersected the outer margin of a high grade ore zone. SD-15-08 was designed as a step-out hole to extend the gold mineralization intersected in SD-14-04 by approximately 66m to the east. Gold in the form of flakes which are visible with the naked eye (VG) has been observed in both of these holes.

Red Pine Exploration Inc. Presents at Prospectors & Developers Association Conference 2015, Mar-01-2015

Red Pine Exploration Inc. Presents at Prospectors & Developers Association Conference 2015, Mar-01-2015 . Venue: Toronto, Ontario, Canada.

Red Pine Exploration Inc. Drills 48.66 Metres of 4.41 G/T Gold Including 16.60 Metres of 11.13 G/T Gold and Begins Airborne Geophysical Survey at the Wawa Gold Project

Red Pine Exploration Inc. drilled six exploration holes on the Surluga Gold Deposit in December 2014. Results from Hole SD-14-04, which now completes all assay results from that drilling campaign, are summarized below: //st Grams per tonne ("g/t") Hole ID From (m) To (m) Length (m) Gold (g/t) SD-14-04 248.86 297.52 48.66 4.41 incl. 260.75 277.35 16.60 11.13 //st Lengths reported above in metres ("m") are drill intersected core &do not represent true widths. In addition to the Main North - North East trending gold-bearing Jubilee shear zone, Red Pine's December 2014 exploration program identified a series of East and North-East ("ENE")-oriented shear zones that are dipping to the South in the Surluga deposit. These sets of ENE shear zones are parallel to the gold bearing shear zones hosting historical gold mineralization in the Parkhill and Darwin historical mines, located further to the south. The average gold grades reportedly mined from the Parkhill and Darwin mines are 14.81 grams per tonne ("g/t") and 13.27 g/t respectively. Down-hole structural measurements taken in hole SD-14-04 seem to indicate that the gold mineralization zone intersected in this hole is influenced by these ENE-oriented shear zones. Hole SD-14-04: An influx of gold-bearing solutions from the ENE-oriented shear zones have likely contributed to the marked increase in the thickness and the grade observed in this area of the Surluga deposit. Red Pine will look to expand this zone during the current drill program by drilling a 50 metre offset hole to the ENE of Hole SD -14-04. Red Pine has retained Scott Hogg and Associates in conjunction with Tundra Airborne Surveys Ltd. to conduct and evaluate the results of an airborne survey over the Wawa Gold Project claim area. They will be using a helicopter towed, 3 axis magnetic gradiometer system for this survey.

 

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