|December 2013 Quarterly Report|
Quarterly Report and Cash Flow for 31 December 2013
Maronan, QLD, Silver-Lead & Copper-Gold
Joint Venture Activity
Research and Development
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|Announcement 24 October 2013|
Red Metal awarded Queensland Explorer of the Year
The Board of Red Metal is very pleased to announce that its exploration team has been awarded the Queensland Explorer of the Year for 2013.
This prestigious industry award was determined by a select committee that includes members from the Queensland Government and the Queensland Resources Council and was presented by the Minister of Natural Resources and Mines, the Honourable Andrew Cripps MP, at yesterday's Mining 2013 Resources Convention in Brisbane.
Continued innovative thinking and bold drilling backed with recent exploration success at Maronan won Red Metal’s team the award.
The award coincides with the recommencement of drilling on the Maronan project following on from the last successful hole which returned 115 metres averaging 0.8% copper and 0.5 g/t gold.
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|Announcement 28 January 2014|
Assay Results - drill hole MRN13002, Maronan Project, NW QLD
The Board of Red Metal is pleased to announce that assaying of cores from drill hole MRN13002 has defined multiple separate horizons of strong Cannington Mine-style lead mineralisation with strong silver values
Significant down-hole intercepts include:
2.3m from 459.6m at 9.8% lead, 277 g/t silver;
13.7m from 483.3m at 7.9% lead, 230 g/t silver;
10.1m from 516.9m at 8.9% lead, 202 g/t silver;
15.1m from 548.9m at 5.8% lead, 134 g/t silver;
These very exciting results confirm the continuity of the strong lead and silver mineralisation to shallow levels below the northern hinge zone and significantly expand the geological potential of this very large, under-drilled, mineralised system.
Starting at a down-hole depth of just 460 metres these intersections are thicker, higher grade and at significantly shallower levels than those of the earlier drilling campaigns carried out in 2013 and 2012.
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|2013 Annual Report|
Red Metal Limited annual report for 2013 financial year (printer's version)
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