Mr. Quentin Yarie reports

RED PINE CONTINUES TO EXPAND AND FOLLOW NEW ZONES OF GOLD MINERALIZATION WEST OF THE JUBILEE SHEAR - DRILLS 6.15 G/T AU OVER 11.67 M

Red Pine Exploration Inc. has released drilling results from its continuing exploration program. The new results continue to validate the presence of multiple zones of mineralization in the Wawa gold corridor west of the Jubilee shear and within the intrusion-related gold system (IRGS). Mineralization was also extended in the Sadowski vein network and in new mineralization zones east of the Jubilee shear.

• Mineralization extends in the footwall of the Jubilee shear in the Wawa gold corridor:
  • Confirmation of gold mineralization west of the Jubilee shear in the intrusion-related gold system, in zones of orogenic overprint and the extensional vein networks;
    • Near-surface discovery in a zone of orogenic overprint of 6.15 grams per tonne gold over 11.67 metres in SD-23-434 that includes 11.16 g/t Au over 5.93 m;
    • Extension of intrusion-related gold mineralization with the intersection of 1.57 g/t gold over 26.3 metres, including 25.74 g/t gold over 1.24 m in SD-23-433;
• Hangingwall of (above) the Jubilee shear:
  • Sadowski vein network intersection of 6.86 g/t gold over one metre and 6.03 g/t gold over one metre, indicating that gold mineralization extends laterally.

Quentin Yarie, president and chief executive officer of Red Pine Exploration, commented:

"The new results from this systematic drill program of the Wawa gold corridor (planned for the revised resource) confirms the presence of near-surface and significant gold mineralization west of the Jubilee shear and lies very close to the 2019 resource of the Surluga deposit. Mineralization is open in all directions, and we now have additional evidence that high-grade gold zones can be present in the intrusion-related gold system."

Quality assurance/quality control measures

Drill core samples were transported in security sealed bags for analyses to 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 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 control program to comply with best practices in the sampling and analysis of drill core. As part of its QA/QC 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

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

About Red Pine Exploration Inc.

Red Pine Exploration is a gold exploration company headquartered in Toronto, Ont., Canada. The company's shares trade on the TSX Venture Exchange under the symbol RPX and on the OTCQB Markets under the symbol RDEXF.

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 historic gold mines and is over 7,030 hectares in size. Led by Mr. Yarie, CEO, 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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