Red Metal Resources Ltd C.RMES

Alternate Symbol(s): RMESF

Metals & Mining Industrial Metals & Minerals

Red Metal Resources Ltd. is a mineral exploration company. The Company is engaged in the business of mineral exploration in Chile with the objective to explore and, develop mineral properties. It has an interest in exploration and evaluation assets consisting of three copper-gold projects on two properties, which include the Farellon and Perth Projects both located on the Carrizal Property, and the Mateo Project located on the Mateo Property. The Farellon Property consists of over eight mining concessions totaling approximately 1,234 hectares. The Carrizal Property is located approximately 700 km north of Chile’s capital city of Santiago, Atacama Region. The Carrizal Property lies within the Carrizal Alto Mining District, straddling the border between Huasco and Copiapo provinces, approximately 75 km northwest of the City of Vallenar, 150 km south of Copiapo, and 20 km west of the Pan-American Highway. The Company’s mineral properties are located in the belt of Atacama Region, Chile.

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Red Metal Resources Ltd

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Post by Betteryear2on Feb 20, 2022 8:53pm

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Post# 34447073

Red Metal Resources Announces Update on Drilling

Thunder Bay, Ontario--(Newsfile Corp. - February 14, 2022) - Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (the "Company" or "Red Metal") is pleased to announce a successful start to the 2,00-metre drill program announced on January 12th, and provide an update on the exploration plans at the Carrizal Property, III Region, Chile.

Highlights

Drilling started ahead of schedule on January 24th and to date, 5 holes totalling approximately 1,000 metres have been completed
All holes have intercepted visible copper sulphide mineralization and alteration associated with IOCG deposits
Deepest intercept at 200 m vertical depth, 100 m below historic artisanal mine workings
Diamond drill core has given valuable alteration and structural information not seen in previous RC drilling

https://www.newsfilecorp.com/release/113697