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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4932/244415_dd829b6cf4c73861_001.jpg

Figure 1: Brecciated vein from Level 7 of artisanal workings

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/244415_dd829b6cf4c73861_001full.jpg

Red Metal Resources President and CEO, Caitlin Jeffs stated,"We are now underway with our 2025 work program and are excited to build on our previous discoveries of up to 5.77% Copper. We believe we are in the top of a large IOCG system and that we are in the early stages of showing its full potential."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4932/244415_dd829b6cf4c73861_002.jpg

Figure 2: Overview of Farellon Project, Carrizal, Chile

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/244415_dd829b6cf4c73861_002full.jpg

(1)Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location, and therefore may not necessarily be fully representative of the mineralized horizon sampled.

A 2022 work program focused on mapping veins along strike of, and to the east of the main Farellon structure with the goal of developing new drill targets. New veins mapped and sampled include the Gorda vein which was drilled in Hole FAR-22-020. The Gorda vein lies 250 metres east of the Farellon structure which was mapped and sampled along strike for a full kilometre. A further five veins were identified and sampled in detail to develop 2025 and future drill targets throughout the property.

Highlights

  • A high sample return of 5.77% Cu, 1.55% Co and 0.11 g/t Au two kilometres along strike to the north of the recent drilling on the Farellon structure
  • Three veins mapped, each demonstrating over a kilometre of prospective strike length with mineralized grab samples

Table 1: Grab Sample Highlights (1)(2)

Sample
Number
Northing
UTM
Easting
UTM
Elevation
(asl)
Weight of Sample
(Kg)
Au g/tCo%Cu%
50081868889433094905531.541.740.0476.26
50090268910773109166321.630.111.5455.77
50083268895403115475401.820.220.0215.66
50089568903773103106311.580.630.1465.18
50088768897243119584950.940.320.0635.06
50080368891973097355612.210.040.0194.89
50082268883233098006471.963.430.0154.59
50083068894413114125241.710.670.0274.11
50082768885433100826181.714.910.0943.70
50089468903733103056310.450.130.0283.41
50084468889683107244961.480.270.0243.37
50085468894773105185821.053.280.1603.16
50083768892673111175270.671.970.0293.03
50081468891143096675871.510.190.0572.79
50085868898363109795822.462.060.0022.70
50083468893093120214721.520.450.0542.64
50082468884233098696211.320.740.1362.61
50083368901073118555221.120.210.0712.52
50082068887173093595923.640.450.0362.50
50083168894723114755331.910.020.0152.39
50085968898073108885641.140.170.0192.11
50084068887673104175461.070.810.0182.06
50085068882843102475721.51.570.0291.90
50081668890203095835943.620.380.0201.88
50086868907053113395741.430.090.0851.77
50088668896793125004570.930.220.0021.76
50080668894203098575751.30.090.0361.69
50081968887173093595922.640.470.0481.54
50085568896303106815961.190.870.0251.54
50085268895273107855611.860.240.1931.21
50082968893523112525393.430.650.0731.20
50085668897483107355702.310.220.0241.15
50083568892443118914963.241.540.0010.94
50083868892273110545481.261.890.0190.88
50089268890113123614350.80.010.0330.86
50082668886963100596271.751.790.0030.84
50080168892693097955961.960.090.1210.82
50082368883443098156372.740.220.0060.75
50085368894443106655782.950.430.0260.66
50080268892333097585801.670.040.0620.55
50082568884853099306171.022.200.0300.50

 

(1)Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location, and therefore may not necessarily be fully representative of the mineralized horizon sampled.
(2)This table represents a selection of highlights including 41 samples out of 102 samples taken

Qualified Person

The technical content of this news release has been reviewed and approved by Caitlin Jeffs, P. Geo, who is a Qualified Person ("QP") as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company's portfolio of projects include seven separate mineral claim blocks and mineral claim applications, highly prospective for Hydrogen, covering 172 mineral claims and totaling over 4,546 hectares, located in Ville Marie, Quebec and Larder Lake, Ontario, Canada. As well, the Company has a Chilean copper project, located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements - All statements in this press release, other than statements of historical fact, are "forward-looking information" within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal's public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244415

News Provided by Newsfile via QuoteMedia

RMES:CC
Red Metal Resources

Red Metal Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Red Metal Resources (CSE:RMES)

Red Metal Resources


Keep reading...Show less
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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Red Metal Resources Engages German Investor Awareness and Digital Marketing Consultants

Red Metal Resources Engages German Investor Awareness and Digital Marketing Consultants

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") The Company has engaged Investment-Zirkel-München ("IZM") that offers several services for German language investor awareness including news dissemination, conference calls, real-time investor forums and an active investors network throughout Europe. IZM has a select investor following that participate in both financings and open market buying. The IZM contract is for a two-year term at a cost of CAD$25,000.

IZM has a business address at Lena-Chris-Str 9, Nuebiberg, Germany. The services to be provided will be overseen by Mathias Voigt, President of the company, who can be contacted at mv@i-z-m.info. Mr. Voigt owns 150,000 shares of the Company.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Vertex Minerals Limited  Key Operational Personnel added to Execute Reward High Grade

Vertex Minerals Limited Key Operational Personnel added to Execute Reward High Grade

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce seven key operational appointments to progress the Company's operational plans for the high grade Reward Underground Gold Mine.

Alan Mills, Commercial Manager - Alan is a qualified chartered accountant with over 15 years' experience. He has worked for multinational and ASX listed mining organisations such as Glencore, Aeris Resources, Newmont Corporation and Mitsui in site and corporate senior commercial, financial and management accounting roles.

Alan holds a Bachelor of Commerce (Accounting) from Griffith University and is a member of Chartered Accountants Australia and New Zealand.

Thomas Cowan, Senior Mining Engineer - Thomas holds a B. Eng (Mining) from University of Wollongong, a Grad. Dip of Mine Ventilation and a NSW Underground Supervisors certificate. He is experienced in mine planning, drill and blast, and ventilation in both underground coal and base metals. Tom recently worked at Aeris Resources Tritton mine.

Carl Clark, Senior Mining Geologist - "Vertex holds one of the premier gold resources of NSW at Hill End. I'm excited to be part of the team to re-awaken this Australian gold mining icon". Carl has 30+ years' experience as a geologist internationally and in Australia where he cut teeth in the WA goldfields.

Julian Geldard, Senior Mining Geologist - With nearly a decade of experience in mining and exploration in various commodities, Julian has a high focus on narrow vein gold within the Lachlan fold belt. He recently worked as a Project Geologist at Ballarat Goldfields and Woods Point Gold Mine.

Dennis Fernandez, Underground Shift Boss - An underground mining veteran of 34 years, including 14 years of airleg experience, Dennis bring a wealth of knowledge and experience in narrow vein underground gold mining.

Dennis holds underground supervisor tickets for both NSW and Western Australia and was most recently employed at Tritton Operations.

Mick Irwin, Safety and Training Superintendent - Mick started with Vertex Minerals in early January 2025 after more than 20 years in the underground coal mining industry. The Reward Gold Mine project has been a massive shift in his professional and personal life, which he and his family see as move to greater things. Mick is looking forward to the opportunity of working with Vertex to develop the Reward Underground Mine.

Casey Robinson Environmental Advisor - Casey graduated from the University of Wollongong in November 2024 with a Degree in Environmental Engineering, before Starting at Vertex as Environmental Advisor in December. He is looking forward to beginning his career in the mining industry with Vertex.

Executive Chairman, Roger Jackson, said:

"We have secured a further seven outstanding senior personnel to direct our mining operations. With decades of experience, they add to the growing, dynamic Vertex team. We are rapidly advancing our operational readiness to meet the challenges of commencing mining at the Reward Gold Mine.. We are delighted to welcome Alan, Tom, Casey, Dennis, Julian, Mick and Carl to the Vertex team, leveraging their strong skills and experience".



About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.



Source:
Vertex Minerals Limited

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Silver47 Closes Additional Tranche of Non-Brokered Private Placement

Silver47 Closes Additional Tranche of Non-Brokered Private Placement

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company") is pleased to announce the closing of an additional tranche (the "Additional Tranche") of its previously announced non-brokered private placement (the "Private Placement") (as set out in the Company's news releases dated February 19 and 24, 2025). Pursuant to the closing of the Additional Tranche, the Company issued 4,155,000 units of the Company (the "Units") at a price of $0.50 each for aggregate gross proceeds to the Company of $2,077,500. The Company anticipates completing the balance of the Private Placement on or around March 19, 2025 or as may be determined by the Company.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Anteros Advances Critical Mineral Targeting with AI-Assisted 3D Modelling at their Havens Steady VMS Property, Newfoundland

Anteros Advances Critical Mineral Targeting with AI-Assisted 3D Modelling at their Havens Steady VMS Property, Newfoundland

 Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is excited to announce integration of advanced AI-assisted geochemical and lithological analysis into the 3D modelling of its Havens Steady Critical Mineral VMS Property (the "Property"), located near Buchans, Newfoundland. This innovative approach detects geochemical anomalies through AI-assisted K-means clustering, while enhancing deposit understanding by correlating mineralization with documented lithological units and alteration attributes. With additional modelling incorporating surficial data expected by the end of March, Anteros is poised to further refine and optimize its 2025 exploration program to prioritize high-potential drill targets.

AI-ASSISTED MODELLING HIGHLIGHTS

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Prismo Metals Announces Closing of Debt Settlement

Prismo Metals Announces Closing of Debt Settlement

(TheNewswire)

Prismo Metals Inc.

Vancouver, British Columbia TheNewswire - March 10 2025 Prismo Metals Inc. (CSE:PRIZ, OTCQB: PMOMF) ( " Prismo " or the " Company " ) is pleased to announce that it has completed its previously announced debt settlement transactions with certain creditors of the Company (the " Creditors "), pursuant to which the Company has issued to the Creditors an aggregate of 4,451,175 common shares of the Company (" Common Shares ") at issue prices ranging from $0.075 to $0.23 per Common Share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of approximately $464,409 (the " Debt Settlement ").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Silver47 Commences Trading on OTC Markets Under the Ticker Symbol OTCQB: AAGAF

Silver47 Commences Trading on OTC Markets Under the Ticker Symbol OTCQB: AAGAF

Silver47 Exploration Corp. (TSXV: AGA) ("Silver47" or the "Company") is pleased to announce that, effective March 10, 2025, its shares will commence trading on the OTCQB Venture Market under the ticker symbol AAGAF. This milestone marks a key step in the Company's growth strategy and enhances its visibility to U.S. investors.

The quotation on the OTCQB® is a significant development for Silver47, as it broadens the Company's investor base and increases access to the U.S. market. With a focus on precious and base metals exploration, at its flagship Red Mountain Project in Alaska, the quotation will facilitate Silver47's continued growth and further support its upcoming exploration and development activities.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Red Metal Resources

Red Metal Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×