Red Metal Resources Ltd C.RMES

Alternate Symbol(s): RMESF

Metals & Mining Industrial Metals & Minerals

Red Metal Resources Ltd. is a Canada-based mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company's portfolio includes the 100% owned Ville Marie claims in Quebec, Canada. Its portfolio of claim blocks consists of approximately seven separate packages, covering 172 mineral claims and totaling over 4,546 hectares to the North, Northeast and the Southwest of QIMC’s Hydrogen-in-soil sample discovery as well as covering similar geology to the west into Ontario. The Company's Chilean projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Its projects include 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 Perth property has approximately 2,044 hectares.

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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