Red Metal Limited

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Home Investors ASX Announcements Maronan Project MRN14003 Visual Results
Maronan Project MRN14003 Visual Results

Drill hole MRN14003 has intersected strong iron sulphides (pyrrhotite) with local copper and arsenic sulphides in a banded magnetite-carbonate rock over a true thickness of about 57 metres.  Strong lead sulphide mineralisation was intersected over a true width of 1.8 metres within this zone.

This rock type is typical of the outer halo to the underlying lead and silver mineralisation and is comparable to the gold enriched iron sulphide mineralisation in the shallower holes MND18 and MND20 which intersected 21 metres at 1.0g/t gold and 27 metres at 1.1g/t gold respectively. Logging and core cutting is in progress with assay results expected within about 4 weeks.

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