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Announcement 9 May 2018

Maronan Project, QLD: May 2018 presentation
March 2018 Quarterly Report

Quarterly Report and Cash Flow for 31 March 2018

Maronan, QLD, Silver-Lead & Copper-Gold
  • Regional ground electromagnetic surveying targeting additional copper-gold resources set to start mid-May.
  • Discussions are ongoing with interested joint venture parties.
Lawn Hill, QLD, Zinc-Lead-Silver
  • Assessment of trace element vectors in recent drill holes results in expanded search.
  • New tenements secured.
Leichhardt/Corkwood/Gulf, QLD, Copper-Gold
  • High resolution airborne magnetic surveys aids definition of new IOCG target concepts for drill testing.
  • Infill gravity surveys on key targets planned.
Emu Creek JV, QLD, Copper-Gold
  • Drill test on a strong chargeability target scheduled for the next quarter.
Yarrie, WA,Copper-Cobalt
  • New project staked along trend from the Nifty Copper Mine in the Paterson Province.
  • High priority dome-shaped targets defined for first pass assessment.
Download this file  (4.4Mb pdf)

 
Announcement 19 April 2018

New "Yarrie" Copper-Cobalt Project, WA

Red Metal has secured five new exploration license applications in the highly sort after Paterson Province, 160 kilometres along trend from the large Nifty copper mine located in the East Pilbara region of Western Australia.
 
New magnetic imagery has enabled Red Metal to interpret a series of dome-shaped antiform structures located below 200-500 metres of younger sedimentary cover.
 
These potential dome-shaped features are considered by Red Metal to be highly prospective for giant Sedimentary-Hosted copper-cobalt deposits akin to the Mount Isa or Zambian styles. The new applications cover 1985 square kilometres and remain untested by past explorers.