Red Metal Limited (AU:RDM) has released an update.
Red Metal Limited has launched a significant step-out drilling program at their Sybella rare earth oxide discovery near Mount Isa, Queensland, aiming to deepen understanding of the area’s resources. The program plans to drill 150 holes over a 24 square kilometre area, reaching depths of 60 metres, to assess the grade and metallurgical properties of the rare earth oxides present. Anticipation is building as the company awaits results from its Phase 2 leach test work, which could further reveal the potential of the Sybella site.
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