A new gold estimate has Red Pine Exploration considering underground mine possibilities at its Wawa Gold Project. In releasing a new mineral resource estimate, the Toronto junior miner is shifting its thinking from planning an open-pit mine concept to a high-grade underground development based on the results they’re seeing from an extensive diamond drilling campaign on their property near Wawa. In a June 13 news release, company president-CEO Quentin Yarie said they’ve “only scratched the surface at Wawa.” The Surluga and Minto Mine South deposits are now estimated to contain a combined 230,000 ounces of indicated gold and 471,000 ounces in the inferred category, at grades over 5 grams per tonne, in assessing the gold potential from surface down to a depth of 350 metres. The grade cut-off is 2.7 grams per tonne. Both deposits are ripe for expansion at depth with more exploration drilling upcoming READ HERE
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