Red Metal Resources Ltd. ( (TSE:RMES) ) just unveiled an update.
On March 13, 2025, Red Metal Resources Ltd. announced the commencement of an extensive sampling and mapping program on its Carrizal IOCG property. This program aims to extend previously identified veins and refine future drill targets. The company has reported high sample returns, including copper, cobalt, and gold, indicating the potential of a large IOCG system. This initiative is expected to enhance Red Metal’s exploration capabilities and strengthen its position in the mineral exploration industry.
More about Red Metal Resources Ltd.
Red Metal Resources Ltd. is a mineral exploration company focused on acquiring, exploring, and developing clean energy and strategic minerals projects. The company has a portfolio of projects that include seven mineral claim blocks and applications, highly prospective for hydrogen, covering 172 mineral claims across over 4,546 hectares in Ville Marie, Quebec, and Larder Lake, Ontario, Canada. Additionally, Red Metal Resources has a Chilean copper project located in the Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera.
YTD Price Performance: -41.67%
Average Trading Volume: 121,688
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.8M
For detailed information about RMES stock, go to TipRanks’ Stock Analysis page.