Red Pine Exploration Inc.

Red Pine Exploration Inc. (TSXV:RPX) is a Toronto-based gold company transitioning from exploration to development. The Company’s flagship asset, the Wawa Gold Project, is located in northwestern Ontario, adjacent to several established gold-producing operations, including those operated by Wesdome Gold Mines, Alamos Gold, and Hemlo Mining. The project also benefits from strong infrastructure and excess regional mill capacity.

The project hosts an existing NI 43-101 mineral resource totaling approximately 1.7 million ounces of gold, including 842,000 ounces Indicated and 843,000 ounces Inferred, with both open-pit and underground mining potential. Gold mineralization extends to surface on a historic mining property, which supports a staged development strategy.

RPX is evaluating Phase 1 open-pit operations designed to generate early cash flow and help self-fund advancement of the broader project. The Company plans to update the mineral resource estimate and complete a Preliminary Economic Assessment (“PEA”) in Q1 2026, with a phased approach aimed at de-risking development, accelerating time to revenue, and minimizing shareholder dilution.