Carpentaria Province, QLD and NT

Zinc-Lead-Silver Projects

Exploring one of the most productive zinc, lead and silver geological terrains in the world.

Carpentaria Province, QLD and NT

Focus of exploration since 2003  |  Multiple Tier 1 zinc-lead-silver deposits  |  Significant copper-gold and copper-cobalt deposits

The Carpentaria Province has been the focus of most of the Company’s exploration since inception in 2003. This province hosts multiple Tier 1 zinc-lead-silver deposits and significant copper-gold and copper-cobalt deposits and is one of the most productive zinc, lead and silver geological terrains in the world.

In northwest Queensland Red Metal’s key copper-gold projects in this province include Gulf, Gidyea, Corkwood and Three Ways in the Cloncurry Terrain, while the Lawn Hill project is focused on exploring for large stratabound styles of zinc, lead and silver mineralisation east of the large Century zinc deposit.

Carpentaria Province map with major mines and prospects and Red Metal project locations

Carpentaria Province with major mines and prospects and Red Metal project locations.

Northward extension of the Cloncurry Terrain: grey scale magnetic image overlain by colour gravity image showing Red Metal project locations

Northward extension of the Cloncurry Terrain: grey scale magnetic image overlain by colour gravity image showing Red Metal project locations.

Mallapunyah Project, NT: Copper-Cobalt

McArthur Basin  |  Sedimentary-hosted copper target  |  Anomalous copper and silver in stream sediments

This project incorporates an application on Aboriginal Land located within the McArthur Basin that targets Sedimentary-Hosted styles of copper mineralisation. A large blind anticline of key stratigraphy adjacent to the deep penetrating Mallapunyah fault is the main target. Anomalous copper and silver in surface stream sediments above the target area support this target concept. A meeting with the traditional owners to discuss Red Metal’s exploration plans is scheduled for 2026.

Mallapunyah Project simplified geology and anomalous copper in stream sediments

Mallapunyah Project: Simplified geology and anomalous copper in stream sediments.

Lawn Hill Project, QLD: Zinc-Lead-Silver & Copper-Cobalt

Lawn Hill Platform  |  50km northeast of the Century zinc-lead mine  |  Four untested high-gravity targets at Bluebush

This project is located on the Lawn Hill Platform 50 kilometres northeast of the Century zinc-lead mine. It incorporates the advanced Bluebush prospect area where wide spaced, historic core drilling over a 150 square kilometre area has encountered numerous wide intercepts of low-grade zinc, lead and silver mineralisation.

Red Metal’s assessment of the historic data has shown that almost all drilling at the Bluebush prospect has been directed towards ground electromagnetic or magnetic targets, and finding higher-grade, potentially economic, mineralisation has proved a challenge for past explorers.

Red Metal is targeting previously untested high-gravity targets BB1, BB2, BB3 and BB4 in an effort to find more dense, higher-grade deposits of potentially silver-rich, base metal mineralisation.

Lawn Hill Project Bluebush prospect: 3D view of historic drilling, high gravity and high magnetic shells, untested targets BB1 to BB4 and drill hole BBDD24001A

Lawn Hill Project, Bluebush Prospect: Top left is an oblique 3D view facing northwest showing historic drilling, high gravity shells (pink-yellow) and high-magnetic shells (brown-grey) from 3D modelling and the previously untested, high-priority, geophysical targets labelled BB1, BB2, BB3 and BB4, and Red Metal’s recent drill hole BBDD24001A on target BB1 (refer Red Metal ASX announcement dated 17 March 2025). Potential for the discovery of dense, stratabound or breccia style copper-silver, silver-lead-zinc, and/or iron sulphide mineralisation is speculated.