Red Metal Resources Ltd. (RMESF)

[QualityStocks]

RLKX.OB Announces Options to Purchase Santa Rosa and Camila Mineral Properties in Chile

Red Lake Exploration, Inc. (RLKX.OB), a company engaged in the acquisition, exploration and development of natural resource properties in Chile, recently announced that it has acquired options on the Santa Rosa and Camila mineral properties. Both properties have identified drill targets, and planning for upcoming drilling is underway.

The Santa Rosa property, located in the highly prospective Candelaria Iron Oxide Copper Gold (IOCG) Belt, is comprised of two mensura mining and exploration concessions totaling 110 hectares. Multiple mineralized structures with significant alteration indicators of IOCG systems have been identified in the area. Ore from the property is being sold to a Chilean national mining company and returning grades of up to 19.78% Cu and 13.9 g/t Au.

The Camila property, located in the highly prospective Candelaria IOCG Belt, is comprised of four mensura mining and exploration concessions totaling 770 hectares. Two mineralized structures with up to 1.12% Cu and 7.5 g/t Au have been identified on the site from recent surface grab samples.