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Home Investors ASX Announcements New Copper-Cobalt Project Secured in WA
New Copper-Cobalt Project Secured in WA

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.