Red Metal Resources Ltd. (RMESF)

[QualityStocks]

RLKX.OB Begins Exploration of its Chilean Property

Red Lake Exploration Inc. (OTCBB: RLKX) recently announced it has begun exploring the Camila Breccia, its copper-gold project in Chile. The project lies in the Candelaria iron-oxide-copper-gold (IOCG) belt of Chile’s coastal cordillera, and was last explored in the late 1990s.

“This is a very exciting point for Red Lake. It is the first step in our plan to find resources in the under-explored Candelaria IOCG belt,” Red Lake Exploration President John Di Cicco stated in the press release.

Red Lake Exploration’s exploring program consists of six drillholes totaling an estimated 1,000 meters of diamond drilling on two identified mineralized structures, the El Zorro vein and the Camila Breccia. Grab samples from the Camila Breccia have returned 1.15 percent Cu. Previous work on the Camila Breccia includes a property-wide geological mapping and sampling program as well as a geophysics IP (induced polarization) survey.

Another target on the El Zorro Vein is expected to intercept depth and strike extents of the known mineralized structure. Grab samples on the El Zorro have returned gold results up to 7.5 g/t Au.

Red Lake Exploration is engaged in the acquisition, exploration and development of natural resource properties in Chile. The Camila property is one of several properties Red Lake has acquired in the region.