Nullarbor Project: Copper-Gold, Copper-Nickel
Located within the frontier Nullarbor region of Western Australia this project represent a rare Australian first-mover opportunity. New geophysical and basement rock data interpreted by the GSWA and Geoscience Australia has outlined what could be exciting new copper provinces in these remote and poorly explored provinces. Scope for a large IOCG system, niobium and rare earth carbonatite, or intrusion-hosted copper-nickel deposit are all in play.
More recently, Red Metal executed a joint venture agreement with Artemis Resources (ASX: ARV) on the standout Sharon Dam magnetic and gravity target. Under the agreement, Artemis will drill the first proof-of-concept test on this exciting target then have the right to earn 60% of the tenement by spending $5 million over the next three years.
Nullarbor Project: Sharon Dam RTP magnetic Image overlain by 1VD gravity contours showing planned location of first diamond drill hole (Refer Artemis ASX announcement dated 18 August 2025)
Nullarbor Project: Sharon Dam coincident 3D modelled gravity (top) and magnetic (below) anomalies showing location of first planned diamond drill hole.