Vancouver, British Columbia - Red Metal Resources Ltd. (CSE: RMES) (OTC PINK: RMESF) (the 'Company' or 'Red Metal') is pleased to announce the final drill results from the 2022 diamond drill program at our Carrizal property, Region III, Chile.
The 2022 drill program consisted of nine drillholes (previously reported) totalling 2,010 metres. The program successfully tested the continuity of the north and south Farellon structures at depth, and drilled a newly mineralized structure that lies 250 metres to the east from the Farellon vein.
Highlights
Results for the last four drillholes highlight the complexity of vein structures within the metasedimentary unit and show consistency with historic drilling
FAR-22-019 2.8 metres of 0.90% Cu, 0.02% Co and 0.04 g/t Au, continues the down dip extension on the north vein structure
FAR-22-016 4.4 metres of 0.35% Cu, 0.19% Co and 0.18 g/t Au, this intercept confirms continuity of the mineralized structure in the north and extends mineralization down dip to a vertical depth of approximately 200 metres
Caitlin Jeffs, President, CEO comments: 'We are excited to see depth continuity both to the North and South end of the Farellon structure. At the north end mineralization has been extended a further 50 metres down dip to approximately 200 metres vertical depth. Drilling has now outlined the mineralizing system on only a small portion of the four kilometres of the Farellon structure and we look forward to testing that, along with the numerous undrilled parallel structures identified on the greater property.'
About Red Metal Resources Ltd.
Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing copper-cobalt-gold assets in Chile. The Company's projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the CSE under the symbol RMES and on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF.
Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are 'forward-looking information' within the meaning of applicable securities laws including, without limitation statements related to the description of its exploration plans. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to exploration findings, results and recommendations, ability to raise adequate financing, receipt of required approvals and unprecedented market and economic risks associated with current unprecedented market and economic circumstances, as well as those risks and uncertainties identified and reported in Red Metal's public filings under its SEDAR profile at www.sedar.com. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
The CSE has not approved or disapproved the contents of this news release or passed upon the merits of any of the transactions described herein.
Neither the CSE nor its Regulation Services Providers (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, P.Geo
CEO
T: 1-866-907-5403
E: invest@redmetalresources.com
WEB: www.redmetalresources.com
RED METAL LIMITED 
