Red Pine Exploration Inc. announced the most recent assay results from 8 drill holes representing 1,881.40 metres (?m?) of assayed drill core from the 2022-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, and with final compilation of the drilling assay database and geological domaining, an additional 60,000 m of drill core from 177 drill holes, distributed in 47,600 assay samples, will be considered for the upcoming mineral resource update with an effective database cut-off date of June 21, 2024. In addition, the Company has 5,000 m of drill core distributed in 22 drill holes from the current drill program for which assays are pending and expects additional drilling results to follow over the coming months which will be reported, but not included, in the updated mineral resource estimate.

Drilling Highlights: 3.10 grams per tonne (?g/t?) gold over 16.61 m, including 40.20 g/t gold over 1.00 m in SD-24-520 65.60 g/t gold over 1.12 m and 4.00 g/t gold over 2.20 m, including 7.47 g/t gold over 1.10 m in SD-24-521 2.43 g/t gold over 18.19 m, including 6.15 g/t gold over 1.26 m and 9.70 g/t gold over 2.75 m in SD-24-506 2.02 g/t gold over 8.39 m, including 4.66 g/t gold over 2.40 m in SD-24-508 Multiple intersections in the hanging wall of the Jubilee Shear in SD-24-521 that include 0.65 g/t gold over 5.42 m, 0.71 g/t gold over 4.11 m and 0.75 g/t gold over 2.55 m in shear zones and vein networks. In the Jubilee Shear System, the results of the exploration program indicate: Significant mineralization remains outside the mined areas of the historical Jubilee Mine and in shear zones below the Jubilee Shear Gold mineralization remains opens at depth in the Jubilee Shear down-dip and down-plunge of the existing mineral resource Gold mineralization extends to surface beyond the northern extent of the existing mineral resource In the hanging wall of the Jubilee Shear, the new results: indicate the presence of sheared vein networks above the Jubilee Shear Extend mineralization in shear zones above the Jubilee Shear Drill core samples are transported in security sealed bags for analyses to Actlabs in Ancaster, Ontario. Individual samples are labelled, placed in plastic sample bags and sealed.

Groups of samples are then placed into durable rice bags and shipped. HQ core assays were obtained 50-gram fire-assaying-AA finish or by 1-kilogram screen fire assay. The 1-kilogram screen assay method is selected for samples anticipated to contain coarse gold and for all the samples with results greater or equal to 2.25 g/t gold for fire-assaying with a AA finish.

The residual coarse reject portions of the samples remain in storage for a period if further work or verification is needed.