Red Metal Limited

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Home Investors ASX Announcements Assay Results MRN13002, Maronan Project, NW Queensland
Assay Results MRN13002, Maronan Project, NW Queensland

 The Board of Red Metal is pleased to announce that assaying of cores from drill hole MRN13002 has defined multiple separate horizons of strong Cannington Mine-style lead mineralisation with strong silver values

Significant down-hole intercepts include:

2.3m from 459.6m at 9.8% lead, 277 g/t silver;

13.7m from 483.3m at 7.9% lead, 230 g/t silver;

10.1m from 516.9m at 8.9% lead, 202 g/t silver;

15.1m from 548.9m at 5.8% lead, 134 g/t silver;

These very exciting results confirm the continuity of the strong lead and silver mineralisation to shallow levels below the northern hinge zone and significantly expand the geological potential of this very large, under-drilled, mineralised system.

Starting at a down-hole depth of just 460 metres these intersections are thicker, higher grade and at significantly shallower levels than those of the earlier drilling campaigns carried out in 2013 and 2012.

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