tiprankstipranks
Red Metal Explores Deep Targets in Nullarbor
Company Announcements

Red Metal Explores Deep Targets in Nullarbor

Red Metal Limited (AU:RDM) has released an update.

Red Metal Limited reported the completion of a proof-of-concept drill test at their Forrest target in the remote Nullarbor Plain, which resulted in the intersection of dense mafic rock types but no significant copper or nickel mineralization. Trace amounts of copper were found, and the company is now exploring advanced geophysical surveying techniques to better target potential sulphide deposits in the area.

For further insights into AU:RDM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!