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Announcement 7 July 2014

Drilling to Recommence - Maronan Project, NW QLD

Red Metal has secured specialist directional diamond core drillers, DDH1 Drilling, to initiate the first of a series of step-out exploration holes on the Company’s 100% owned Maronan silver and lead project.

The step-out program, which is expected to start in about 2 weeks, aims to evaluate the vertical and lateral continuity of the significant Cannington Mine-style lead and silver mineralisation recently discovered below the northern fold structure.  Scope for the system to zone towards thicker and higher grades of silver and lead mineralisation comparable to ores mined at the core of the giant Cannington deposit will be tested.  Potential for higher grade structural enrichment or "bonanza zones" at the apex to the northern fold structure will also be evaluated.

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March 2014 Quarterly Report

Quarterly Report and Cash Flow for 31 March 2014

Maronan, QLD, Silver-Lead & Copper-Gold

  • Results from the last drillhole, MRN13002, discovered multiple intercepts ranging from about 6% to 10% lead and 130g/t to 270g/t silver.
  • Subsequent geological modelling reveales significant expanded geological potential.
  • Design and costing for a follow-up drill program completed.
  • Drilling targeted to commence early May 2014.

Tennant Creek

  • Heritage surveys over five significant magnetic targets underway.  Field work planned to commence soon.

Joint Venture Activity

  • Partner-funded drilling on the Corkwood (copper-gold), Emu Creek (copper-gold) and Barton (heavy mineral) joint venture projects planned for 2014.

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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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Announcement 24 February 2014

Investor Presentation - Maronan Project, NW QLD

A slideshow presented at the RIU Explorers Conference in Fremantle, 19-20 February 2014.

Viewable on our website: Link

Maronan Project Animated 3D Model

Viewable on our website: Link

 
2013 Annual Report

Red Metal Limited annual report for 2013 financial year (printer's version)

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