Red Metal Limited

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September 2018 Quarterly Report

Quarterly Report and Cash Flow for 30 September 2018

Punt Hill/Pernatty Lagoon JV, SA, Copper-Gold

  • OZ Minerals initiates 6000 metre drill program.
  • First hole into PH1 target completed.
  • Two drill rigs in progress.

Maronan, QLD, Silver-Lead & Copper-Gold

  • Two holes into the Great Southern electromagnetic conductors completed.
  • Strong pyrrhotite explained the source of the anomalies.

Gulf, QLD, Copper-Gold

  • Higher resolution gravity surveying completed.
  • Preliminary processing on the Gibsons Tank tenement highlights five priority gravity/magnetic targets.

Tennant Creek, NT, Copper-Gold

  • Track access preparations underway for planned drill tests on three shallow sourced magnetic targets prospective for copper-gold.

Three Ways, QLD, Zinc-Lead-Silver

  • Previously unrecognized, zinc prospective shale sub-basin along trend from the Dugald River zinc mine.
  • Historic magneto-telluric data maps highly conductive zinc prospective sequences with no previous drill history.

Yarrie, WA, Copper-Cobalt

  • Significant ground position in the Paterson Province along trend from the Nifty Copper mine and a new Rio Tinto copper play.
Download this file  (3.5 Mb pdf)
 
2018 AGM Notice and Proxy Form

Red Metal Limited Annual General Meeting Notice and Proxy Form.  The meeting is scheduled for 29 November 2018.

Download this announcement (200Kb pdf)

 
Announcement 10 September 2018

Drilling Underway on the Punt Hill & Pernatty Lagoon Copper-Gold Projects, SA

Joint venture partner OZ Minerals Limited (OZ Minerals) has initiated a significant maiden drill program testing a series of new copper-gold plays on the Punt Hill and Pernatty Lagoon joint venture projects located 30 kilometres south of the Carrapateena deposit.  Initially, six separate targets totaling more than 6000 metres of drilling will be tested.

Red Metal together with OZ Minerals has been developing new targeting concepts for the location of higher grade zones of copper-gold mineralisation on the Punt Hill and Pernatty Lagoon projects.  This work identified a range of previously untested geophysical targets for proof of concept drill tests.
 
2018 Annual Report

Red Metal Limited annual report for financial year ended 30 June 2018.

ASX version.

Download report (3.0 Mb pdf)