TORONTO, April 22, 2024 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce that Michael Michaud will be registering with Red Pine. as its President and Chief Executive Officer and as a member of its Board of Directors (the “Board”).
Mr. Michaud is a professional geologist with more than 30 years of experience in domestic and foreign gold exploration and mining that includes a wide diversity of deposit types in North and South America, Africa, Asia and Europe. Michael is guilty of the progress and implementation of regional and mineral exploration methods to detect new deposits and expand mineral resources and reserves around existing mines.
Mr. Michaud is Senior Vice President of Exploration and Resources at Wesdome Gold Mines Ltd. since 2017 and, prior to that, he served as Chief Geologist of Iamgold Corporation, responsible for providing global geological services to IAMGOLD’s exploration activities globally. Previously, Michael served as Vice President of Exploration for St. John’s Exploration at St. John’s Exploration. John’s. Andrew Goldfields Ltd. et Director of SRK Consulting Inc.
Paul Martin, Chairman of the Board of Directors, commented:
“We are incredibly pleased to have attracted someone from Mr. Michaud to lead Red Pine through the company’s next phase of growth. Michael has extensive experience in resource development, as well as applicable corporate experience, and the Board of Directors looks forward to running with him. Their approval of Red Pine is a strong signal about the long-term prospects of the Wawa Gold Project and our intent to expand the resources of our relatively unexplored large reclamation block, located in a highly active gold district in northwestern Ontario. “
Mr. Michaud commented:
“I’m very excited to lead the Red Pine team. Exploration successes in recent years have not only observed high-grade mineralization abroad or in mined areas beyond, but have also demonstrated the potential to host significant near-surface mineralization. gold deposit. This is an exciting time for Red Pine as they now look to capitalize on this important prospect and look forward to being a component of moving this property forward. “
Mr. Michaud has been appointed to the Board of Directors and is expected to assume his role as President and Chief Executive Officer of Red Pine no later than July 19, 2024.
On behalf of the Board, Mr. Martin stated, “The Board would like to thank Mr. Quentin Yarie, who resigned from the Board of Directors on April 19, 2024, for his many years at Red Pine. “
About Red Pine Exploration Inc.
Red Pine Exploration Inc. es a gold exploration company based in Toronto, Ontario, Canada. The company’s shares on the TSX Venture Exchange have the symbol “RPX” and on the OTCQB markets the symbol “RDEXF”.
The Wawa Gold Project is located in Ontario’s Michipicoten Greenstone Belt, a domain that has received significant investment through several manufacturers over the past five years. Its onshore complex is home to many historic gold mines and covers more than 6,900 hectares. Red Pine is a solid construction position as a major player in mining exploration and progression in the Michipicoten region.
For more information about the company, www. redpineexp. com
Or contact:
Paul Martin, Chairman of the Board and Interim CEO, at (416) 364-7024 or pmartin@redpineexp. com
O
Carrie Howes, Director of Corporate Communications, at (416) 644-7375 or chowes@redpineexp. com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is found in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release constitutes “forward-looking information” within the meaning of applicable securities laws, and aggregates statements relating to the Company’s existing plans, intentions, ideals and expectations with respect to long-term growth and results. of Red Pine’s operations, performance, and customers and business opportunities.
All statements, other than statements of past facts, that address circumstances, occasions, activities or developments that could, could happen or will happen, are forward-looking information. Often, but not always, forward-looking data can be known through the use of words such as “plans,” “expects,” “expects,” “budgets,” “program,” “estimates,” “forecasts,” “intends,” “anticipates,” “believes,” or diversifications (including negative ones). and grammatical diversifications) of such words and phrases, or statements that certain actions, occasions, or effects “may,” “might,” “might,” “might,” or “will,” happen, or be performed.
This press release includes forward-looking information, including, but not limited to, the graduation of Mr. Michaud as President and Chief Executive Officer of Red Pine on or before July 19, 2024, and the company’s prospect of hosting a significant near-surface gold deposit.
Investors are cautioned that forward-looking data is not based on past facts, but reflects management’s expectations, estimates or projections relating to long-term effects or occasions based on management’s beliefs, assumptions and estimates that are considered moderate as of the date the statements are made. These beliefs, assumptions, and estimates are inherently subject to a variety of hazards and uncertainties that may cause actual events or effects to differ radically from those projected and such data should not be unduly relied upon, as unknown or unpredictable points may simply have adverse effects on the curtains. About long-term effects, functionality, or achievements.
Among the main points that may cause actual effects to differ materially from those assigned in the forward-looking data are: the overall liquidity and credit availability at the time of the money flows and the values of assets and liabilities based in the assigned long term. situations; general business, economic, competitive, political and social uncertainties; uncertainties arising from the COVID-19 outbreak; actual effects of ongoing exploration activities; conclusions from economic evaluations; fluctuations in exchange rates; higher charges for fuel, electricity, labor and other consumables contributing to higher charges; seasonality and climate; adjustments to allocation parameters as plans continue to be refined; cost overruns in assignment charges; long-term loads of zinc, lead, vanadium, copper, silver and gold or other metals; conceivable diversifications in mineral quality or recovery rates; failure of apparatus or processes to be carried out as planned; accidents; hard work disputes; unforeseen recovery expenses; securities disputes or claims; insurance limitations; and other mining industry hazards, including, but not limited to, environmental hazards, apparatus failures, worker ailments and herbal errors or other adverse operating situations and losses; delays caused by the breakdown of relations with First Nations bands on whose classic territory the Wawa Gold Project is located (as explained below); and delays in obtaining government approvals, funding allocations or in completing exploration activities. Readers are cautioned that the above list of points is not exhaustive. ?
The data contained in this press release is presented in its entirety qualified through the cautionary statements and disclosures of risky things contained in the Company’s presentations, aggregating the Company’s monetary statements and similar Management Discussions and Analysis for the year ended July 31, 2023, and intermediate monetary states. Similar reports and Management Discussion and Analysis for the periods ended October 31, 2023 and January 31, 2024, filed with the government securities regulator in certain provinces of Canada and available in www. sedar. com. If one or more of those threats or uncertainties materialize, or if the assumptions underlying the forward-looking data prove incorrect, the actual effects may simply differ materially from those described herein as anticipated, planned, anticipated, believed, estimated, or expected.
Although the Company has attempted to identify vital points that may also cause actual actions, occasions or effects to differ materially from those described in the forward-looking statements, there may be other points that may cause actions, occasions or effects to differ from those expected, estimated or anticipated. The forward-looking statements contained in this press release are made as of the date of this press release and Red Pine assumes no legal responsibility to update any forward-looking statements, whether as a result of new data. , occasions or long-term effects or otherwise, as required by applicable law. Leyes. No forward-looking data can be guaranteed to prove to be accurate, as actual effects and long-term events may also differ materially from those expected in such statements. Accordingly, readers should not place undue reliance on forward-looking data. declarations.