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Red Metal Resources Ltd. ( (TSE:RMES) ) just unveiled an announcement.
Red Metal Resources Ltd. has announced plans for an extensive 2025 work program at its Carrizal IOCG Property in Chile, following promising sampling discoveries. The program aims to test high-priority targets and expand known mineralization areas, leveraging higher copper prices and demand to identify new drill targets and enhance the company’s exploration efforts.
More about Red Metal Resources Ltd.
Red Metal Resources Ltd. operates in the mining industry, focusing on the exploration and development of iron oxide copper-gold (IOCG) properties. The company is primarily engaged in the extraction of copper, cobalt, and gold, with a significant market focus on the Candelaria IOCG belt in Chile’s coastal Cordillera.
YTD Price Performance: -8.33%
Average Trading Volume: 117,896
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.2M
For detailed information about RMES stock, go to TipRanks’ Stock Analysis page.