Red Metal Resources Announces Results from Mining Program at the Mateo Project in III Region Chile

- February 10th, 2011

Red Metal Resources Ltd. (OTCBB:RMES) announced today a summary f grade results from a contract surface mining program at the Irene showing part of Red Metal’s Mateo project, a highly prospective iron oxide copper-gold (IOCG) belt.

Red Metal Resources Ltd. (OTCBB:RMES) announced today a summary of grade results from a contract surface mining program at the Irene showing, part of Red Metal’s Mateo project, a highly prospective iron oxide copper-gold (IOCG) belt.

The press release is quoted as saying:

The vendor has an ongoing artisanal mining operation on the Irene showing where they sell ore to ENAMI, the Chilean national mining company. Recent results include:

  • 500 tonnes of material from the Oxide Zone with an average grade of 1.75% copper
  • 419 tonnes of material from the Sulphide Zone with an average grade of 1.35% copper, 0.44 grams per tonne gold and 25.23 grams per tonne silver

To view the complete press release, click here.

To view Red Metal Resource’s website, click here.

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