Red Metal Limited

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Home Investors ASX Announcements Maronan Project MRN14002 Visual Results
Maronan Project MRN14002 Visual Results

The Board of Red Metal is very pleased to announce that drill hole MRN14002 has intersected multiple visible horizons of bedded Cannington-style lead sulphide mineralisation 70 metres south and 150 metres below the strong silver and lead intercepts in MRN13002.

Nine separate horizons of stronger bedded lead sulphide mineralisation occur within a 151 metre down-hole interval of banded carbonate-sulphide rock.  These lead sulphide rich horizons vary from about 2 to 19 metres in down-hole width and combined have a cumulative down-hole intercept width of about 50 metres or one third of the total carbonate sequence.  True widths are estimated to be between 40% and 50% of down-hole widths.