Red Metal Limited (AU:RDM) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Red Metal Limited’s recent step-out drilling at the Sybella Project has revealed two large zones with significant rare earth oxide (REO) mineralization, highlighting the site’s potential as a large-tonnage resource. These findings, along with the proximity to Mt Isa and encouraging preliminary metallurgical studies, suggest the feasibility of a cost-effective, heap leach processing operation. The company is advancing with infill drilling to further delineate the high-grade zones and will provide detailed updates on the project’s progress.
For further insights into AU:RDM stock, check out TipRanks’ Stock Analysis page.