Red Metal Limited

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Results of 2021 Annual General Meeting
 

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September 2021 Quarterly Report

HIGHLIGHTS

ALLIANCE WITH OZ MINERALS

Yarrie, WA, Copper-Gold-Cobalt

  • Regionally extensive airborne electromagnetic survey flown
  • Processing and interpretation underway.

Gulf, QLD, Copper-Gold

  • Drilling in progress.
  • Preliminary results available next quarter. 

 

RED METAL FUNDED PROJECTS

Pardoo, WA, Nickel-Copper and Gold

  • Airborne electromagnetic survey completed.
  • Processing and interpretation underway.

Gidyea, QLD, Copper-Gold

  • Infill gravity surveys completed.
  • New IOCG targets prioritized for drilling next field season

 

CORPORATE

Maronan, QLD, Silver-Lead & Copper-Gold

  • Modified strategy for proposed spin-off underway.

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Date of 2021 Annual General Meeting

Date of 2021 Annual General Meeting

 

 
Notice of 2021 Annual General Meeting
 
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Annual Report 2021

Annual Report 2021

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Gidyea Copper-Gold Project Update
Processing and interpretation of the Company’s new gravity data in combination with the regional magnetic data has allowed Red Metal’s exploration team to interpret a variety of new IOCG plays. Of particular interest are the standout magnetic targets GT19, GT20 and GT23 which have a similar geophysical expression and general geological setting to the large Ernest Henry copper-gold mine 100 kilometres to the south. 
 
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Red Metal Limited Company Presentation, 4 May 2021

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Gulf Copper-Gold Project: Drilling Underway
Proof-of-concept drill tests of two standout magnetic targets are underway on the Gibson’s Tank tenement in Northwest Queensland.
 
This project targets several standout magnetic anomalies which Red Metal views as an under explored extension of the Cloncurry terrain offering scope for the discovery of Iron Oxide Copper-Gold (IOCG) breccia systems similar to that hosting the large Ernest Henry deposit further to the south.
 
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