Red Metal Resources Announces 2025 Work Program at Carrizal IOCG Property in Chile
Vancouver, British Columbia – Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) (“Red Metal” or the “Company”) is excited to share that planning is underway for an extensive 2025 work program at its Carrizal IOCG Property in Chile. This announcement follows the successful 2022 drilling campaign, which discovered significant copper, cobalt, and gold values.
Previous Discoveries at Carrizal
The previous sampling discoveries occurred along a two-kilometer stretch to the north of the 2022 drilling on the Farellon structure. The highest grade intercept was 5.77% copper, 1.55% cobalt, and 0.11 g/t gold.
Upcoming 2025 Work Program
The 2025 work program is designed to follow-up on these discoveries and extend the mineralization. The program includes:
- Geophysical surveys to define and prioritize drill targets
- Drilling to test high-priority targets
- Geological mapping and sampling to expand the understanding of the mineralized system
- Metallurgical tests to evaluate the recoverability of the metals
Impact on Red Metal Shareholders
Shareholders of Red Metal Resources stand to benefit from the potential success of the 2025 work program. The discovery of high-grade copper, cobalt, and gold deposits has the potential to significantly increase the Company’s value. Successful drilling results could lead to increased investor interest and a potential rise in the stock price.
Global Impact
The exploration and potential development of the Carrizal IOCG Property could have a positive impact on the global market for copper, cobalt, and gold. These metals are essential components of various industries, including construction, transportation, and electronics. A consistent supply of these metals is crucial for economic growth and technological advancement.
Conclusion
Red Metal Resources is poised for an exciting year with the planning of an extensive work program at its Carrizal IOCG Property in Chile. The potential discovery of high-grade copper, cobalt, and gold deposits could significantly impact the Company’s value and potentially boost investor interest. Furthermore, the success of this exploration could contribute to a stable and consistent supply of these essential metals to the global market, supporting economic growth and technological advancement.
As the Company moves forward, shareholders and the global community will eagerly await the results of the 2025 work program. Red Metal Resources’ commitment to exploration and development in the prolific Candelaria IOCG belt of Chile’s coastal Cordillera continues to demonstrate the Company’s dedication to creating value for its stakeholders and contributing to a sustainable future.
