Red Metal Resources Provides Exploration Update

Red Metal Resources Ltd. (OTCBB:RMES) reports that it has concluded a combined reverse circulation and diamond drilling program on its Farellon project and began a geological mapping program on its Mateo property in III Region Chile.

The press release is quoted as saying:

Red Metal completed a 2,234 meter drill program on its Farellon property, including 2050 meters Reverse Circulation (RC) and 184 meters diamond drilling. The company looks forward to releasing the results of the drill program in the next few weeks as results are finalized.

Farellon is a copper-gold project in the prolific Candelaria iron oxide copper-gold belt. Previous work completed in 1997 by an Australian-based company included 22 RC drill holes totaling 3900 meters along a 1.7 km strike length of known mineralization hosted in a mineralized fault zone along strike from the historic Carrizal Alto mine.

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