Friday, November 04, 2011 12:33:17 PM
The most recent results from a sampling program indicate robust potential for Red Metal. The returned assay results of reconnaissance samples taken over its 100% owned Mateo Property in Chile revealed considerable promise. A detailed mapping and sampling program over Mateo samples collected on multiple mineralized structures from mantos, veins and mineralized breccia bodies showed strong levels of both copper and gold. 36 of 138 samples returned Au results greater than 1.00g/t Au while 59 of 138 samples returned Cu results greater than 1.00% Cu.
The results, released in mid-October bode well for the potential performance of Red Metal in the uncertain economy.
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