Red Metal Resources Ltd.
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ROIC.AI
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- Red Metal Resources Ltd. (CSE:RMES; OTC Pink:RMESF; FSE:I660) is a mineral exploration company focused on acquiring, exploring, and developing energy critical mineral projects, including copper-gold-cobalt assets in Chile's III Region and natural hydrogen prospects in Canada. The company holds 100% interest in the Carrizal property, encompassing the flagship Farellon project with eight mining concessions covering 1,234 hectares and over 9,000 meters of historical drilling along 1.5 kilometers of mineralized strike in the prolific Candelaria iron oxide copper-gold (IOCG) belt; the adjacent Perth project spanning 2,044 hectares across 13 concessions; and the smaller Mateo project with five concessions over 182 hectares, all targeting copper, gold, cobalt, and silver deposits in the historic Carrizal Alto mining district. In Canada, Red Metal owns a growing portfolio of 172 mineral claims totaling over 4,546 hectares in the Larder Lake Mining District of Ontario and Ville-Marie area of Quebec, contiguous to Quebec Innovative Materials Corp.'s hydrogen discovery and highly prospective for natural hydrogen as well as base and precious metals. Founded in 2005 and headquartered in Vancouver, British Columbia, the company operates primarily in Chile and Canada, targeting junior mining investors with exposure to clean energy transition metals. Recent developments include the December 2024 acquisition of three additional hydrogen-prospective claim packages in Ontario via definitive agreement, expanding its Canadian footprint to seven claim blocks; the October 2024 execution of a definitive agreement for a Quebec claims package contiguous to a hydrogen discovery; the November 2024 closing of the first tranche of a private placement financing raising CDN$373,200 for exploration on Carrizal and new Canadian properties; board and management changes in August 2024; and plans for an extensive 2025 work program on Carrizal following high-grade surface sampling up to 5.77% copper announced in February 2025.
Company News
Red Metal Resources Reports First Ore Delivery from Farellon Ahead of Schedule, Launching Non-Dilutive Royalty Revenue
Red Metal Leases its Irene and Margarita Copper-Gold Concessions to Local Artisanal Miner
Red Metal Leases its Irene and Margarita Copper-Gold Concessions to Local Artisanal Miner
Red Metal Provides Operational Update Following Recent Rainfall in Chile's Vallenar Region
Red Metal Provides Operational Update Following Recent Rainfall Near Vallenar, Chile
Red Metal's Carrizal IP Survey Defines a Chargeability Trend Across All Six Consecutive Lines, Open at Depth
Red Metal Site Visit Confirms Development Progress at Carrizal IOCG Project
Red Metal Site Visit Confirms Development Progress at Carrizal IOCG Project
Red Metal Reports $397,500 in Warrant Exercises and Engages Marketing Consulting Firm
Red Metal Engages Independent Trading Group as Market Maker
Red Metal Signs Mining Agreement at Carrizal IOCG Project
Red Metal Resources Ltd. Announces Filing of Form 15F to Terminate Sec Reporting Obligations
Red Metal Induced Polarization (IP) Survey Underway at Carrizal Property
Red Metal Completes LiDAR Analysis and Identifies New Exploration Targets
Red Metal Resources Retains Marketing Services
Red Metal Initiates IP Survey on its Carrizal Copper-Gold-Cobalt Project
Red Metals Corp Invites Shareholders and Investment Community to Visit Them at Booth 2538 at PDAC 2026 in Toronto, March 1-4
Red Metal Resources Retains IR and Marketing Services
Red Metal Resources Commences Detailed LiDAR Survey on Carrizal Cu-Au-Co Property, Chile
Red Metal Resources Closes First Tranche of Financing