Red Metal Resources Ltd C.RMES

Alternate Symbol(s): RMESF

Metals & Mining Industrial Metals & Minerals

Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship project is the Farellón project comprising eight mining concessions covering 1,234 hectares located in the Carrizal Alto mining district, Chile. The company was formerly known as Red Lake Exploration, Inc. and changed its name to Red Metal Resources Ltd. in August 2008. Red Metal Resources Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

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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