Mr. Quentin Yarie reports

RED PINE INTERSECTS 40.07 G/T GOLD OVER 1.18 METERS AT THE NORTH END OF SURLUGA AND PRESENTS ADDITIONAL RESULTS FROM DARWIN-GRACE

Red Pine Exploration Inc. has released new results from its 2022 phase 1 exploration program, which have provided confirmation of potential to expand the current resource models of the Wawa gold project. Of significance is an intersection of quartz veining with visible gold in hole SD-22-321, located at the north end of Surluga, above the Jubilee shear zone. Intersections in holes SD-22-326 and SD-22-337 of the same system also contain visible gold (assays pending).

Grace-Nyman gold system -- extension of mineralization in the Grace and Nyman shear zones and the discovery of a new mineralized structure

Drilling in the Grace-Nyman gold system, host of the historical Darwin-Grace mine, continues to uncover new mineralized structures. Red Pine's 2022 phase 1 exploration program has traced gold mineralization along the Grace shear zone over a total strike length of 650 metres. East of the Darwin-Grace mine, hole DG-22-329 discovered a shear zone containing a quartz vein with visible gold. That same structure was intersected in additional drill holes completed on the same drill pad. Hole SD-22-329 also extended the footprints of gold mineralization in the Nyman shear zone 210 metres along strike of the intersection of 11.47 g/t gold over 2.73 metres in that structure in DG-22-317 (refer to press release dated March 16, 2022).

"The consistent drilling success of the Wawa gold project demonstrates the continuity of the system with both high-grade and bulk underground components. These recent results demonstrate the advancement of our knowledge and data collection of the system, in addition to the pervasive mineralization throughout the Wawa gold corridor. With our 2022 phase 1 drill program well under way, further assays pending and encouraging visible gold indicators in five holes as of the time of this press release, we look forward to sustained performance with the drill bit," commented Quentin Yarie, president and chief executive officer of Red Pine Exploration.

Wawa Gold corridor expansion -- discovery of multiple zones of gold mineralization west of the Jubilee shear zone

Hole SD-21-310 discovered multiple zones of gold mineralization west of the Jubilee shear zone in the Wawa gold corridor. This hole includes the discovery of 9.3 g/t gold over 3.08 metres, located 300 metres west of the Jubilee shear zone. These intersections of gold mineralization are hosted in a network of shear zones outside of the Jubilee shear zone and extend the footprint of gold mineralization at the Wawa gold project.

All drilling data for the Wawa gold project, including collar, survey and individual assays, are available on Red Pine's website.

Quality assurance/quality control measures

Drill core samples were transported in sealed bags for analyses at Actlabs in Ancaster, Ont. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags and then shipped. The residual coarse reject portions of the samples remain in storage if further work or verification is needed.

Red Pine has implemented a quality assurance/quality control program to comply with best practices in the sampling and analysis of drill core. As part of its quality assurance/quality control program, Red Pine inserts external gold standards (low to high grade) and blanks every 20 samples, in addition to random standards, blanks and duplicates.

Qualified person

Quentin Yarie, PGeo, chief executive officer of Red Pine, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.

COVID-19 precautions

Red Pine has developed and implemented compliant precautions and procedures according to guidelines for the province of Ontario. Protocols were put in place to ensure the safety of employees and contractors, thereby reducing the potential for community contact and spreading of the virus.

About Red Pine Exploration Inc.

Red Pine Exploration is a gold exploration company headquartered in Toronto, Ont., Canada.

The Wawa gold project is in the Michipicoten greenstone belt of Ontario, a region that has seen major investment by several producers in the past five years. Its land package hosts numerous historical gold mines and is over 6,900 hectares in size. The company's chairman of the board is Paul Martin, the former chief executive officer of Detour Gold. The board has extensive and diverse experience at such entities as Alamos, Barrick, Generation Mining, Detour Gold and Paramount Gold Nevada Corp. Led by Quentin Yarie, chief executive officer, who has over 25 years of experience in mineral exploration, Red Pine is strengthening its position as a major mineral exploration and development player in the Michipicoten region.

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