| Metals & Mining Industry | Materials Sector | Caitlin Leigh Jeffs CEO | CNSX Exchange | CA75679D2023 ISIN |
| CA Country | 1 Employees | - Last Dividend | 23 May 2024 Last Split | - IPO Date |
Red Metal Resources Ltd. is a mining company involved in the acquisition, exploration, and development of mineral resources, with its operations focused in Chile. Initially founded as Red Lake Exploration, Inc., the company underwent a name change to Red Metal Resources Ltd. in August 2008. Since its incorporation in 2005, Red Metal Resources has dedicated its efforts to identifying and developing precious and base metal deposits. Headquartered in Vancouver, Canada, the company has positioned itself in the mining sector with a particular interest in copper, gold, cobalt, and silver. Its active projects include the flagship Farellón project, along with the Perth and Mateo properties, all of which reveal the company's strategic focus on resource-rich areas within Chile.
Red Metal Resources Ltd. focuses on the exploration of four primary types of metal deposits: copper, gold, cobalt, and silver. These activities are aligned with the global demand for these precious and base metals, tapping into the lucrative mining industry sectors. The exploration involves geological surveys, drilling, and resource estimation to determine the viability and potential of mining operations in identified areas within Chile.
The Farellón project, Red Metal Resources' flagship asset, is a comprehensive mining operation encompassing 8 mining concessions over approximately 1,234 hectares within the Carrizal Alto mining district in Chile. This project focuses primarily on copper and gold concentrations, leveraging the geological potential of the area to develop a sustainable mining operation.
The Perth property consists of 13 mining concessions covering an area of 2,044 hectares located in Northern Chile. Like the Farellón project, the Perth property demonstrates Red Metal Resources' strategic expansion and diversified exploration portfolio, focusing on harnessing the mineral wealth of different geographical areas within the nation.
The Mateo project comprises 5 mineral concessions, covering an area of approximately 182 hectares. Though smaller in scale when compared to the Farellón and Perth projects, the Mateo project is another testament to Red Metal Resources' commitment to exploring and developing mineral resources in Chile, aiming to uncover new opportunities within its mining concessions.