Red Pine Exploration Inc. announced assay results from 14 drill holes representing 5,390 metres of diamond drilling from the 2023-2024 resource expansion program at the Wawa Gold Project. The drilling continues the program commenced in 2021 with a total of drill holes for 54,800 m having now been completed and released from the current targeted program of approximately 65,000 to 70,000 metres of resource expansion drilling leading to an updated resource estimate. Drilling Highlights: Contained within the Jubilee Shear System: 4.53 grams per tonne (?g/t?) gold over 11.53 m, including 15.00 g/t gold over 1.14 m in SD-24-495 4.96 g/t gold over 7.87 m, including 16.50 g/t gold over 0.97 m in SD-24-490 (partial result) 3.40 g/t gold over 7.27 m, including 9.71 g/t gold over 2.04 m in SD-23-486 2.08 g/t gold over 6.32 m, including 8.16 g/t gold over 1.08 m in SD-23-481 2.19 g/t gold over 17.12 m, including 7.86 g/t gold over 2.10 m in SD-23-480 3.42 g/t gold over 10.11 m, including 9.22 g/t gold over 2.14 m in SD-23-479 Contained within the Hanging Wall of the Jubilee Shear 13.3 g/t over 1.22 m in SD-23-478  2.05 g/t over 6.01 m, including 5.61 g/t gold over 0.99 m in SD-24-490.

In the hanging wall of the Jubilee Shear, the new results: extend the footprints of gold mineralization in the Minto B Shear; confirm the presence multiple mineralized shear zones above the Jubilee Shear; and confirm the presence of extensional vein network(s) spatially above the 2019 resource in the Jubilee Shear and between the new shear zones. The on-going drilling program and the new assay results also improve the understanding of the geometry and continuity of the zones of gold mineralization located above the Jubilee Shear for their inclusion in the resource update. In the Jubilee Shear System, the new results: increase the size and improve the continuity of gold mineralization >= 2 g/t gold in the main segment of the Jubilee Shear and between the new shear zones; and confirm the presence of gold-mineralized shear zones that are parallel and located below the main zone of the Jubilee Shear that is hosting the 2019 resource.

The on-going drilling program continues to widen the footprints of the mineralized system centered on the Jubilee Shear System beyond the footprints of the 2019 resource¹. It shows that mineralization of significance and with indications of continuity is present in shear zones below the Jubilee Shear.