Red Metal Resources (CSE:RMES)

Red Metal Resources: Advancing High-grade Copper Assets in Chile’s Coast Cordillera Belt


With assets located in a historic copper mining district in Chile that boasts high-grade mineralization and low-cost operations, Red Metal Resources (CSE:RMES) is well-positioned to benefit from Chile’s globally significant copper sector.

The company holds 3,278 hectares across 21 secure mining claims within the Carrizal Alto mining district in the prolific Coastal Cordillera. The Carrizal property comprises two projects - Farellon and Perth - located in an area with a rich copper and gold production history.

Red Metal Resources' Chilean advantage

The Carrizal Alto district provides a favorable geographic position located at a low elevation of around 500 meters above sea level, reducing the logistical challenges often associated with exploration in higher-altitude regions. The district is also well-connected by infrastructure, including highways and proximity to major urban centers. Red Metal Resources' property is situated just 150 kilometers south of Copiapó, 25 kilometers from the coast, and only 20 kilometers west of the Pan-American Highway. This close access to infrastructure allows for easier transportation of equipment and supplies, as well as streamlined access to labor and other resources.

Red Metal Resources enhances its portfolio of clean energy exploration projects with the acquisition of three mineral claim packages contiguous to Quebec Innovative Materials Corp.'s (QIMC) recent hydrogen sample discovery of over 1,000 ppm. The claims are located within the Timiskaming Graben formation covering 19 cells and totaling over 1,100 hectares. Red Metal Resources intends to begin initial exploration and field work that could include a soil gas survey, geophysical surveys and fieldwork in the municipality of St-Bruno-de-Guigues sector.

Company Highlights

  • Red Metal Resources holds 3,278 hectares across 21 secure mining claims within the Carrizal Alto mining district in the prolific Coastal Cordillera.
  • The company’s Carrizal property comprises two projects - Farellon and Perth - located in an area with a rich history of copper and gold production.
  • The Farellon project has over 9,000 metres of drilling, identifying 1.5 kilometres of mineralized strike length with potential for an additional 3.5 kilometres.
  • In 2022, a high-grade surface sample from Farellon returned 5.77 percent copper, 1.55 percent cobalt, and 0.11 g/t gold.
  • Management and insiders control approximately 35 percent of the company’s shares, aligning their interests with investors.

This Red Metal Resources profile is part of a paid investor education campaign.*

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Red Metal Resources (CSE:RMES)

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Advancing high-grade copper assets in Chile’s Coast Cordillera Belt

Red Metal Resources Commences Sampling and Mapping Program on its Carrizal IOCG Property

Red Metal Resources Commences Sampling and Mapping Program on its Carrizal IOCG Property

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company")  is pleased to announce it has now commenced an extensive sampling and mapping work program to follow-up on and extend previously identified veins that make up approximately 15km of veining extending along strike from the historic Carrizal Alto mine.

This active 2025 work program will continue work delineating the vast vein system on Carrizal property and aid in refining future drill targets. All samples will be sent for assay and the Company expects a steady stream of assay results shortly.

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Red Metal Resources Plans Extensive 2025 Work Program on Its Carrizal IOCG Property Following Sampling Discoveries of up to 5.77% Copper

Red Metal Resources Plans Extensive 2025 Work Program on Its Carrizal IOCG Property Following Sampling Discoveries of up to 5.77% Copper

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") is pleased to announce planning is underway for an extensive 2025 work program to follow-up on and extend previous sampling discoveries of 5.77% Cu, 1.55% Co and 0.11 gt Au along two kilometres of strike to the north of 2022 drilling on the "Farellon" structure at its highly prospective Carrizal IOCG Property, located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera.

The upcoming 2025 work program will test high-priority targets identified through previous drilling, sampling and mapping and will focus on identifying new drill targets and expanding known areas of mineralization using ASTER remote sensing surveys for alteration analysis and ground sampling initiatives.

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Red Metal Resources Planning 2025 Work Program on 100% Owned Hydrogen-Prospective Mineral Claim Package Spanning Quebec and Ontario

Red Metal Resources Planning 2025 Work Program on 100% Owned Hydrogen-Prospective Mineral Claim Package Spanning Quebec and Ontario

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") is pleased to announce that it is planning a Phase 1 work program and data compilation for its recently acquired, 100% owned, portfolio of highly prospective mineral claims and mineral claim applications, consisting of seven separate claim packages, covering 172 mineral claims and totaling over 4,546 hectares.

These highly prospective claim packages are located to the North, Northeast and the Southwest of Quebec Innovative Materials Corp.'s ("QIMC") recent hydrogen-in-soil discovery in the Saint-Bruno-de-Guigues area, of over 1,000 ppm, announced on September 4th 2024, as well as covering similar geology to the west located in the Larder Lake Mining District of Ontario, along the Quebec border near the town of Ville-Marie, QC.

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Red Metal Resources Acquires 100% Interest in Three Hydrogen-Prospective Mineral Claims Packages in Ontario

Red Metal Resources Acquires 100% Interest in Three Hydrogen-Prospective Mineral Claims Packages in Ontario

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) is pleased to announce that it has executed a Definitive Agreement (the "Agreement") with an arm's length vendor to acquire a 100% interest in three separate mineral claims packages, highly prospective for Hydrogen located in the Larder Lake Mining District of Ontario, along the Quebec border near the town of Ville-Marie, QC.

These claim blocks consist of three separate packages, covering 149 mineral claims and totaling approximately 3,246 hectares and were acquired due to their proximity and similar geological setting to that of Quebec Innovative Materials Corp.'s ("QIMC") recent hydrogen-in-soil discovery in the Saint-Bruno-de-Guigues area, of over 1,000 ppm, announced on September 4th 2024.

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Red Metal Resources Closes First Tranche of Financing

Red Metal Resources Closes First Tranche of Financing

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") is pleased to announce that it has completed the first tranche of the non-brokered private placement (the "Offering") described in its news release of October 31, 2024.

In connection with the closing of the first tranche of the Offering, the Company issued an aggregate of 3,000,000 flow-through units (the "FT Units") at a price of CDN$0.10 per Unit for gross proceeds of CDN$300,000. Each FT Unit consists of one flow-through common share in the capital of the Company (a "FT Share") and one-half of one non-transferable Common share purchase warrant (each whole Common share purchase warrant, a "Warrant"). Each whole Warrant is exercisable to acquire one Common Share at an exercise price of CDN$0.12 per Common Share until May 22, 2026, which is 18 months from the date of issuance.

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Aerial view of copper mine in Cobar, New South Wales.

Surge in Copper Demand Re-energises Cobar Basin’s Underexplored Resource Potential

The Cobar Basin in central New South Wales, Australia, may be emerging as a key focus for investors positioning for the next wave of copper supply. With a looming global shortage of the red metal and long-term demand being driven by electrification and decarbonisation, savvy investors are turning to proven but underexplored regions like Cobar — home to some of Australia’s highest-grade copper and polymetallic deposits.

Located within a region that holds 12 percent of Australia’s economic demonstrated copper resource, the Cobar Basin is backed by more than a century of mining success, strong infrastructure and modern exploration upside. With such high resource potential, junior explorers are keen to capitalise on the region’s rich copper history and established infrastructure.

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Juggernaut Files for Final Approval of Oversubscribed Financing

Juggernaut Files for Final Approval of Oversubscribed Financing

(TheNewswire)

Juggernaut Exploration Ltd.

Vancouver, British Columbia TheNewswire - May 30, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its April 14 th April 23 rd April 25 th 2025, and May 15, 2025, news releases, the Company is pleased to announce that it has filed documents with the TSX Venture Exchange (the "Exchange") seeking final approval to close its private placement financing (the "Financing") for aggregate gross proceeds of $10,362,735.

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Two copper-colored pens.

Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal

Harmony Gold Mining Company's (NYSE:HMY,JSE:HAR) wholly owned Australian subsidiary, Harmony Gold (Australia), has entered into a binding agreement to acquire MAC Copper (NYSE:MTAL,ASX:MAC).

MAC is the owner of the CSA copper mine in New South Wales. Its annual production comes to approximately 40,000 metric tons of copper, with 2024 output totaling 41,000 metric tons of the red metal.

The transaction is priced at US$12.12 per MAC share in cash, implying a total equity value of US$1.03 billion for MAC.

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Ivanhoe, Zijin Halt Operations at Kakula Copper Mine in DRC

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Ivanhoe initially disclosed the interruption on May 20, when seismic activity was first detected, but extended the temporary shutdown on Monday (May 26) following several days of ongoing seismic events.

Employees working in the mine have been safely brought above ground, and mobile equipment has been removed.

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Finlay Minerals Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units

Finlay Minerals Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

finlay minerals ltd. (TSXV: FYL) (OTCQB: FYMNF ) ("Finlay" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement (the " Private Placement ") consisting of the issuance of any combination of: (i) common shares of the Company to be issued on a flow-through basis under the Income Tax Act ( Canada ) (each, a " FT Share ") at a price of $0.11 per FT Share, and (ii) non-flow-through units of the Company (each, a " NFT Unit ") at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,000,000 . The Private Placement is subject to a minimum offering amount of $500,000 to be raised through any combination of FT Shares and NFT Units.

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