Red Metal Resources Ltd. (RMESF)

[QualityStocks]

RLKX.OB Sees Chile as Prime Area for Metal Mining Exploration

Many commodities are trading at record highs, caused by increased demand for mined materials. This mining exploration company is heavily involved in Chile, exploring the viability of a number of old and new mining sights. They use state of the art equipment and experts to determine if the site is going to be productive. They have chosen the III region of Chile in particular for a number of key reasons.

When choosing a country to do business in, of upmost importance is the overall stability of the country, both economically and politically. Chile is both economically and politically stable. They have one of the lowest inflation rates in the Americas. This shows that the country’s money supply is well managed and not significantly tied to other currencies in the region.

Chile’s government and political system is also known for being one of the most stable in the region, and has many ties to the U.S. and Europe. In fact, they recently signed a major Free Trade agreement with the U.S., which furthers economic ties between the two countries. They continue to remain fully focused on a free-market economy, leaving little worry about government seizure of foreign property. Overall, the political and economic conditions are a shining example of capitalism.

In Chile, over 95% of the population is literate and well educated. They are especially skilled in mining methods, making it easy to find experienced labor. This is because Chile is a major exporter of gold and copper. The country also has excellent road systems, like the Pan American Highway, which is located close to all of the company’s potential mining sites. Technology, facilities, and supplies are all abundant and easy to access, making it an ideal location for mining exploration.

To date, very little effort has been focused on the enormous potential Chile holds for high-grade mineral deposits. As a result, the company feels that promising mineral extraction locations are still available in a noncompetitive atmosphere. This is why they believe that Chile, coupled with today’s technology, holds tremendous potential for large ICOG mineral systems.