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| Home : Red Pine Exploration Earns 30% Interest in Wawa Gold Project |
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Aug 28
2015 |
Red Pine Exploration Earns 30% Interest in Wawa Gold Project |
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TORONTO, ONTARIO--(Marketwired - Aug. 27, 2015) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") announces that pursuant to the Option Agreement and Assumption Agreement (collectively, the "Agreements") entered into with Citabar LLP ("Citabar") and Augustine Ventures Inc. (CSE:WAW) ("Augustine") announced on December 11, 2014, it has earned a 30% interest in the Wawa Gold Project, located two kilometres southeast of Wawa, Ontario. The Wawa Gold Project is now owned by Citabar/Red Pine/Augustine in the ratio of 40%, 30% and 30%, respectively. The three parties have entered into a Joint Venture Agreement (JVA) and Red Pine, as the Manager, will continue to explore and advance the current gold resource. |
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| Source:http://www.marketwired.com/mw/release.do?id=2050685&sourceType=3 |
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