Red Metal Limited

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Announcement 18 September 2017

Drilling Underway on the large Doppler Copper-Gold Target  

Drilling is underway to test a high-amplitude magnetic target on Red Metal’s 100% owned Leichhardt project in Northwest Queensland.

The magnetic target, referred to as the “Doppler” anomaly, is interpreted as a large hydrothermal breccia system and is considered by Red Metal to be highly prospective for copper and gold. The target’s signature has similarities to that of the large Ernest Henry deposit located 120 kilometres to the southeast.

Download this announcement (1234kb pdf)

 

 
Video Presentation August 2017

RED METAL - MINING 2017 CONFERENCE BRISBANE

Video link for presentation at the Brisbane Mining 2017 Investor Conference August 30, 2017
Link available until September 29, 2017
 
June 2017 Quarterly Report

Quarterly Report and Cash Flow for 30 June 2017

Maronan, QLD, Silver-Lead & Copper-Gold
  • Return of the lead price re-enforces the value opportunity of the large Maronan resource.

Emu Creek Joint Venture, QLD, Copper-Gold 

  • Drill test on new electromagnetic conductor six kilometres north of the Osborne copper and gold mine set to commence shortly.

Lawn Hill, QLD, Zinc-Lead-Silver

  • Airborne electromagnetic survey maps two significant, McArthur River style, zinc plays under less than 150 metres of transported cover.
  • First-pass drilling aims to start next quarter.

Leichhardt, QLD, Copper-Gold 

  • Significant magnetic/gravity anomaly targeted for large Ernest Henry style breccia deposit.
  • Preparations underway to drill test next quarter.

Punt Hill, QLD, Copper-Gold 

  • High-priority Punt Hill copper-gold exploration license secured.
  • Located only 30 kilometres south of the large Carrapateena copper-gold deposit.
  • Key gravity/magnetic target PH1 has a similar geophysical response to Carrapateena.  
Download this file  (2.6Mb pdf)

 
Announcement 17 August 2017

Drilling Underway on the Emu Creek JV

Joint venture partner, Chinova Resources has initiated drilling on the Emu Creek joint venture.
 
The current program aims to drill test three separate electromagnetic conductors on the Little Sandy Creek project located within 9 kilometres of Chinova’s Osborne copper and gold mine).
 
All three conductors are blind to surface but gossanous rock chip, rock float or soil samples collected directly above the modelled targets record anomalous levels of copper and associated trace elements which is encouraging.

Download this announcement (900kb pdf)

 
Announcement 21 July 2017

RED METAL PROJECT SUMMARY PRESENTATION - 21 July 2017

Red Metal Limited project summary presented to the Noosa Mining Conference, 21 July 2017

Download this announcement (3.9Mb pdf)