Red Pine Exploration Inc. announced the most recent assay results from 14 drill holes representing 4,105 metres of drilling from the 2022-2024 resource expansion program at the Wawa Gold Project. Since the resource expansion drilling program began in 2021, Red Pine has now completed approximately 67,000 m of additional drilling in the current program for the new mineral resource estimate update. Of these holes, approximately 60,300 m have now been reported and the Company expects additional results to follow over the coming months from the remaining core.

Discussion of Drill Results In the Jubilee Shear System, the results of the exploration program indicate: Continuous increase of the size and the confidence, and to improve the continuity of gold mineralization >= 2 g/t gold in the main segment of the Jubilee Shear; and 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 comprise or indicate: Mineralized intercepts in the hanging wall of the Jubilee Shear confirms the presence of mineralization zones; Gold mineralization in the hanging wall of the Minto B shear occurs as sub-meter to multi-meter wide shear zones surrounded by network of extensional quartz veins, that are typically centered on narrow gabbroic injections in the Jubilee stock and are shallowly to moderately dipping to the south and south-east; A secondary type of gold mineralization in the hanging wall relates to the presence of zones of intrusion-related gold (IRG) and shear-hosted mineralization associated with sulfide disseminations.