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Red Metal Resources Ltd. (RMESF) delivers strategic mineral exploration across copper-cobalt-gold projects in Chile's Candelaria IOCG belt and emerging clean energy opportunities through hydrogen-rich Canadian claims. This news hub provides investors with centralized access to corporate developments, technical advancements, and market-moving updates.
Track official press releases covering resource estimates, geophysical survey results, and claim acquisitions alongside analysis of operational milestones. Key content includes project exploration progress, strategic partnership announcements, and technology implementation updates leveraging AI mapping and advanced geochemical sampling methods.
Bookmark this page for real-time updates on RMESF's dual-track strategy in traditional base metals and renewable energy exploration. Monitor evolving developments in both hemispheres through verified disclosures and comprehensive operational reporting.
Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has initiated an extensive sampling and mapping program at its Carrizal IOCG Property in Chile. The program aims to follow up and extend previously identified veins that comprise approximately 15km of veining extending from the historic Carrizal Alto mine.
The 2025 work program builds on previous discoveries that yielded up to 5.77% Copper. The company has already identified three veins, each showing over a kilometer of prospective strike length with mineralized grab samples. Notable findings include a high sample return of 5.77% Cu, 1.55% Co, and 0.11 g/t Au, located two kilometers along strike north of recent drilling on the Farellon structure.
The Gorda vein, situated 250 metres east of the Farellon structure, was previously drilled in Hole FAR-22-020 and has been mapped along strike for a full kilometer. Five additional veins have been identified and sampled to develop future drill targets.
Red Metal Resources (RMESF) has announced plans for an extensive 2025 work program at its Carrizal IOCG Property in Chile's Candelaria belt, following significant sampling discoveries. The program aims to expand on previous findings that revealed up to 5.77% Copper, 1.55% Cobalt, and 0.11 g/t Gold along two kilometers of strike north of 2022 drilling on the Farellon structure.
The company's 2022 program included a nine-hole, 2,010 metre drill program that successfully intercepted visible copper sulphide mineralization in all holes. A notable discovery included a six-metre quartz calcite vein with visible chalcopyrite mineralization in a newly tested parallel structure, located 250 metres west of the Farellon vein.
The 2025 program will utilize ASTER remote sensing surveys for alteration analysis and ground sampling to identify new drill targets. Three veins have been mapped in detail, each showing over a kilometer of prospective strike length with mineralized grab samples.
Red Metal Resources (CSE: RMES) (OTC: RMESF) announces plans for a Phase 1 work program on its newly acquired, 100% owned mineral claims portfolio. The package consists of 172 mineral claims covering 4,546 hectares across Quebec and Ontario, positioned near Quebec Innovative Materials Corp.'s recent hydrogen-in-soil discovery of over 1,000 ppm.
The claims are strategically located in the Larder Lake Mining District of Ontario and the Saint-Bruno-de-Guigues area of Quebec. Of the total claims, 164 have received approval from respective provincial authorities. The planned exploration program includes gas sampling from soil and underwater surveys, gravimetry and audiomagnetotellurism geophysics, and regional remote sensing gas surveys.
The area features documented occurrences of copper, lead, cobalt, silver, and kimberlite, supported by excellent infrastructure including power and road access. The company is currently reviewing regional geological data for potential additional acquisitions and finalizing its exploration plan.
Red Metal Resources (CSE: RMES) (OTC: RMESF) has executed a Definitive Agreement to acquire a 100% interest in three mineral claims packages in Ontario's Larder Lake Mining District. The acquisition covers 149 mineral claims totaling 3,246 hectares, located near recent hydrogen discoveries. The company's total portfolio now includes seven packages with 172 mineral claims covering 4,546 hectares. The acquisition terms include an $8,000 payment and issuance of 2.25 million common shares, with no royalty obligations. The claims are situated near Quebec Innovative Materials Corp.'s recent hydrogen-in-soil discovery of over 1,000 ppm. Red Metal is planning exploration programs including gas sampling, underwater surveys, and geophysical studies.
Red Metal Resources has engaged two firms for investor awareness and digital marketing. Investment-Zirkel-München (IZM) will provide German language investor awareness services for a two-year term at CAD$25,000, offering access to investors across Germany, Switzerland, and Austria. Additionally, Free Market Media will conduct digital media and awareness campaigns for US$50,000 over 90 days.
The company has also closed part of its previously announced acquisition of mineral claims near Quebec Innovative Materials Corp's Hydrogen sample discovery. Red Metal has paid $5,000 plus GST and issued 1.1 million shares for 11 approved claims, with 500,000 shares reserved for eight pending claim applications.
Red Metal Resources (CSE: RMES, OTC: RMESF, FSE: I660) has announced the appointment of Matt Parent to its Board of Directors. Parent brings over 35 years of business experience in strategy and operations, with a background in founding businesses in transportation and logistics. He holds a Bachelor of Commerce from the University of Windsor and an accounting degree from Athabasca University, along with various securities certifications. The company's Board now consists of six members, including CEO Caitlin Jeffs. Red Metal Resources focuses on clean energy and strategic minerals projects, with assets in Quebec, Canada, and Chile's Candelaria IOCG belt.
Red Metal Resources (CSE: RMES, OTC: RMESF) has acquired a 100% interest in four additional mineral claims adjacent to Quebec Innovative Materials Corp.'s (QIMC) natural hydrogen discovery area. The new claims are located north of QIMC's 11 km expansion zone, where recent soil gas measurements recorded high hydrogen levels of 594, 543, and 463 ppm. Red Metal's total holdings now comprise four separate packages covering 23 cells and over 1,300 hectares. The company acquired these new claims for CA$5,000 with no future royalty obligations. Red Metal is planning an initial exploration program and evaluating additional acquisitions in this emerging natural hydrogen district.
Red Metal Resources (CSE: RMES) (OTC: RMESF) has executed a Definitive Agreement to acquire a 100% interest in three mineral claim packages near Ville Marie, Quebec. The claims are contiguous to Quebec Innovative Materials Corp.'s recent hydrogen discovery of over 1,000 ppm. The acquisition covers 19 cells totaling over 1,100 hectares, with 11 claims already approved. The company will pay $5,000 plus GST and issue up to 1.6 million common shares, with 1.1 million shares issued for the approved claims and 500,000 shares reserved for pending approvals. Red Metal is planning comprehensive exploration programs including AI mapping, gas sampling, and geophysical surveys.
Red Metal Resources (CSE: RMES) (OTC PINK: RMESF) has announced plans for a Hydrogen exploration program on its mineral claims contiguous to Quebec Innovative Materials Corp.'s recent Hydrogen sample discovery of over 1,000 ppm. The company's claims, covering over 1,100 hectares, are located in the Timiskaming Graben formation, approximately 15 km north of Ville Marie, Quebec.
The exploration program may include AI and target mapping algorithms, gas sampling, geophysical surveys, and drone-based remote sensing. Red Metal is currently formulating a detailed exploration plan. Additionally, the company has retained Aktiencheck.de AG for a European marketing awareness program, set to commence on October 23rd, 2024, for up to three months at a pre-paid cost of EUR 50,000.
Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has signed a Letter of Intent (LOI) to acquire a 100% interest in three mineral claim packages near Ville Marie, Quebec. The claims, totaling over 1,100 hectares, are contiguous to Quebec Innovative Materials Corp.'s recent hydrogen discovery of over 1,000 ppm. Located in the Timiskaming Graben formation, the claims are approximately 15 km north of Ville Marie and accessible by road.
Red Metal plans to begin initial exploration, including gas sampling from soil, underwater surveys, and geophysical surveys to detect deep structures. The company views this acquisition as an opportunity to expand its clean energy portfolio. The LOI includes a two-week due diligence period, a non-refundable deposit of $5,000 plus GST, and the issuance of 1,600,000 common shares of the company.