Red Metal Ltd
Red Metal Limited is an Australia-based mineral exploration company.
The business
Red Metal Limited is an Australia-based mineral exploration company. The principal activities of the Company are acquisition and exploration of mineral prospects in Australia. The Company's projects include Pulkarrimarra Project Copper-Cobalt & Gold-Copper, Gulf copper-gold project and Lawn Hill Project. Its funded projects include Gidyea copper-gold project, Corkwood Copper-Gold project, Three Ways Project, Pardoo Nickel-Copper and Gold project, Punt Hill and Pernatty Lagoon Copper-Gold project, Nullarbor Project, and Callabonna Copper-Gold project. The Company's other projects are located in the regions, including Queensland, Western Australia and Northern Territory. The Corkwood project is situated about 100 kilometers northwest of Glencore’s Ernest Henry copper-gold mine and about 60 kilometers north of the Little Eva copper-gold deposit.
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Latest news
OZ Minerals and Red Metal team up in hunt for greenfield discoveries
Copper major OZ Minerals (ASX: OZL) has signed an agreement with exploration junior Red Metal (ASX: RDM) which will see the pair fast-track the search for greenfield discoveries. Under the alliance, OZ Minerals will have a two-year option to fund a series of mutually agreed, proof-of-concept work programs on six of Red Metal’s early-stage base […]
BHP pulls ahead of rival Rio Tinto with a major copper find near Olympic Dam
The copper race is on between long-time rivals BHP (ASX: BHP) and Rio Tinto (ASX: RIO), with BHP announcing it had pulled out of the ground what some experts call the thickest high-grade copper intersection seen in many years near its Olympic Dam mine in South Australia. The mining giant reported a whopping mineralised intersection of 425.7m comprising […]
Rio Tinto copper find rumours spread as mining giant backs share price with $2.8b off-market buy-back
It’s been 12 months since rumours began swirling over Rio Tinto’s (ASX: RIO) alleged copper discovery in Western Australia’s Pilbara, with recent satellite images revealing a hub of activity at the site and sparking a land grab in the area. Images have surfaced of a camp set up in the region’s Paterson Province, along with […]
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