Red Pine Exploration Addresses Assay Discrepancies

Red Pine Exploration (TSE:RPX) has released an update.

Red Pine Exploration Inc. reports on the recent investigation into assay inconsistencies at their Wawa Gold Project, revealing 382 discrepancies out of 60,000 assays from 2019-2024. The inconsistencies are expected to slightly diminish the projected resource estimates for the Surluga South Zone and other areas, although they maintain that high-grade gold mineralization and the depth extension of the mineralized system remain. The full impact will be assessed in the upcoming updated technical report.

For further insights into TSE:RPX stock, check out TipRanks’ Stock Analysis page.