Red Metal Resources is pleased to report that it has signed a Letter of Intent to sell, pursuant to a takeover bid, business combination or similar transaction, all of the issued and outstanding common shares of Red Metal Resources Ltd., namely 34,290,302 common shares, as well as all of the common shares of Red Metal that may be issued upon the exercise of any options, warrants or other convertible securities after the [...]
THUNDER BAY, ON and VALLENAR, CHILE, May 20, 2015 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to provide an update on mining activities being conducted by a local mining contractor, an affiliated company, on the Farellon copper-gold project. The affiliated company is selling ore to Empresa Nacional de Mineria ("ENAMI"), a Chilean national mining [...]
THUNDER BAY, ON and VALLENAR, CHILE, Dec. 18, 2014 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to provide an update on mining activities being conducted by Minera Farellon, an affiliated company, on the Farellon copper-gold project. Mineral Farellon will be selling ore to Empresa Nacional de Mineria ("ENAMI"), a Chilean national mining company [...]
THUNDER BAY, ON and VALLENAR, CHILE, Dec. 16, 2014 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile (the "Company"), is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed an option to earn 100% interest in a mining concession contiguous to the Company's Farellon Property. The concession is 252 hectares, adding [...]
THUNDER BAY, ON and VALLENAR, CHILE, June 5, 2014 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to provide an update on mining activities being conducted by Minera Farellon, an affiliated company, on the Farellon copper-gold project. Minera Farellon has a permit to mine up to 500 tonnes per month on the Farellon project. Minera Farellon has [...]
THUNDER BAY, ON and VALLENAR, CHILE, May 28, 2014 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed a memorandum of understanding to acquire the option to earn 100% interest in two mining concessions contiguous to our Farellon Property. The two claims total 486 [...]
THUNDER BAY, ON, May 13, 2014 /CNW/ - Red Metal Resources Ltd. (RMES:OTCBB) ("Red Metal") is pleased to provide project updates for activities on its Perth and Farellon Projects in III Region, Chile. Perth Project: The optionee of the Perth Project, Geoactiva SPA ("Geoactiva") have completed payments and exploration expenditures for the first year of their four year option agreement. The third payment was made on [...]
THUNDER BAY, ON, May 1, 2014 /CNW/ - Red Metal Resources Ltd. (RMES:OTCBB) ("Red Metal") is pleased to announce that it has received confirmation that Geoactiva SPA ("Geoactiva") will be continuing its option on the Perth Project. The April 30th payment for the Perth project is US$50,000. We have also received results of the trenching, sampling and drilling program completed on the Perth project and expect to analyze the [...]
THUNDER BAY, ON, Feb. 26, 2014 /CNW/ - Red Metal Resources Ltd. (RMES:OTCBB) ("Red Metal") is pleased to announce that it will be exhibiting at the 2014 Prospectors & Developers Association of Canada (PDAC) International Convention in Toronto. Red Metal invites all interested parties to visit us at booth # 3024 in the Investors Exchange to meet with management and learn more about the company and its ongoing exploration [...]
THUNDER BAY, ON and VALLENAR, Chile, Feb. 18, 2014 /CNW/ - Red Metal Resources Ltd. (OTCQB: RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that Minera Farellon, an affiliated company, has received provisional mining permits on the Farellon copper-gold project for up to 500 tonnes per month. Minera Farellon will be transporting and selling the ore to ENAMI, the national mining [...]