Red Metal Resources Ltd. is pleased to announce the commencement of a field mapping program on its flagship Carrizal copper gold cobalt project. Detailed mapping and sampling The final hole of the winter 2022 drill program, completed on February 28th, intercepted a vein previously only sampled on surface in 2012 and now named the Gordal Vein. The visual intercept in hole FAR-22-020 was a six meter quartz vein with visible [...]
Red Metal Resources Ltd. announces that it is extending the exercise period of 3,849,668 common share purchase warrants that were issued pursuant to a private placement of units of the Company which closed on May 17, 2021. Each Unit was comprised of one common share of the Company and one Warrant with each Warrant exercisable to purchase one Common Share at a price of $0.20 until May 17, 2023 . Subject to all required [...]
Red Metal Resources Ltd. is pleased to announce its intention to complete a non-brokered private placement of up to 6,666,667 units at a price of C$0.15 per Unit for gross proceeds of up to C$1,000,000. Each Unit will consist of one common share in the capital of the Company and one whole transferable common share purchase warrant . Each whole Warrant will entitle the holder thereof, on exercise, to purchase one common [...]
Red Metal Resources Ltd. is pleased to announce the successful completion of a nine hole, 2,010 metre drill program on its Carrizal Property, III Region, Chile. As previously announced on January 12th, the drill program targeted down dip extensions of known mineralized zones as well as testing new zones. Highlights First hole on new zone intercepted 6 metres of vein with strong visible copper sulphides; further 1.5 [...]
Red Metal Resources Ltd. 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. Highlights Drilling started ahead of schedule on January 24th and to date, 5 holes totalling approximately 1,000 m have been completed All holes have intercepted visible copper sulphide mineralization and alteration associated [...]
Red Metal Resources Ltd. is pleased to announce that Minera Polymet Ltda, Red Metals' wholly-owned Chilean subsidiary, has signed a rental agreement with Herman Eleazar Varas Torres, a Chilean artisanal miner, on the Company's Farellon 1 al 8 mineral concession. Under the terms of the rental agreement the Miner will commence activities on the Farellon 1 -8 Concession under a Chilean small miner permit to excavate up to [...]
Red Metal Resources Ltd. is pleased to announce that it will be presenting virtually at the upcoming Sequire Metals & Mining Conference on Thursday, January 27th, at 1:00 PM ET. Caitlin Jeffs, President and CEO of Red Metal Resources, will be giving the presentation and taking 1x1 meetings. Event: Red Metal Resources Presentation at the Sequire Metals & Mining Conference Date: Thursday, January 27th, 2022 Time: 1:00 PM ET [...]
Red Metal Resources Ltd. is pleased to announce the start of the Company's 2022 exploration program. Red Metal has confirmed a drill contractor to execute a 2,000-metre diamond drill program expected to start on January 25th. Drill targets will be split between the known Farellon zone, previously drilled in 1996, 1997, 2009 and 2011, and targets identified along strike through surface sampling programs executed in 1996 [...]
Red Metal Resources Ltd. is pleased to announce the appointment of Mr. Carlos Chamale as Exploration Manager at the Carrizal Property in the Coastal Cordillera, Chile. Mr. Chamale is an experienced Canadian geologist with over fifteen years in the mineral exploration industry across multiple commodities and geological terranes, with a strong focus on copper and gold exploration, from project generation to property [...]
Red Metal Resources Ltd. is pleased to announce that it has obtained final approval from the Canadian Securities Exchange for the listing of its common shares under the ticker symbol "RMES". The Common Shares will commence trading on the CSE at market open on November 25, 2021. Red Metal is also pleased to announce that it has closed the previously announced subscription receipt offering for gross proceeds of $969,030 [...]
Red Metal Resources Ltd. is pleased to announce that it has obtained conditional approval from the Canadian Securities Exchange for the listing of its common shares . In connection with the listing, the Company has filed and received a receipt for a final non-offering prospectus with the B.C. Securities Commission to become a reporting issuer in the province of British Columbia. Red Metal is in the process of delivering [...]
Red Metal Resources Ltd. is pleased to announce that it has filed a Preliminary Non-Offering Prospectus with the British Columbia Securities Commission. No securities are being sold pursuant to this prospectus and no proceeds are being raised. Red Metal is also pleased to announce that is has applied to list its common shares on the Canadian Securities Exchange . Listing and trading of the Common Shares will be subject to [...]
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