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Red Metal Resour Stock Price, News & Analysis

RMESF OTC

Welcome to our dedicated page for Red Metal Resour news (Ticker: rmesf), a resource for investors and traders seeking the latest updates and insights on Red Metal Resour stock.

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Rhea-AI Summary

Red Metal Resources (OTC: RMESF) completed a LiDAR survey and interpreted results at its 100%‑owned Carrizal copper‑gold‑cobalt property in Chile, confirming known mineralized veins and extending their strike. The company identified 30 veins, 4 artisanal work areas, and 4 new target areas, and has mobilized an induced polarization (IP) crew for a 37 line‑km survey to generate 3D chargeability/resistivity models and support drill planning to ~500 m depth.

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Red Metal Resources (OTC: RMESF) has engaged RCMA Capital Inc. under a three-month consulting agreement starting April 8, 2026 to provide marketing, public relations and investor outreach services.

The company will pay a cash fee of $3,000 per month, no securities will be issued, and the parties are arm's length.

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Red Metal (OTC: RMESF) has engaged Geophysical Studies Chile to conduct an Induced Polarization (IP) survey over its 100%-owned Carrizal copper-gold-cobalt project in Chile's Atacama Region. The survey totals 37 line kms, targeting sulphide chargeability to depths up to 500 m.

Historic surface sampling (1996–2025) includes 317 samples: 178 >1% Cu, 128 >2% Cu, with highs to 17.25% Cu; gold highs include 8.4 g/t Au. Prior drilling tested 1.5 km of veining to ~200 m. IP will refine targets for a second drilling phase.

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Red Metals Corp (CSE: RMES / OTC Pink: RMESF) will attend the PDAC Convention at the Metro Toronto Convention Centre.

Visit the company at Booth #2538 from Sunday, March 1 to Wednesday, March 4, 2026 for investor and industry engagement.

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Red Metal Resources (OTC: RMESF) engaged Jeminii Finance Inc. (DBA Jemini Capital) for investor relations and marketing services, effective February 19, 2026.

Terms: a minimum four-month engagement at $5,000 per month plus 500,000 stock options to Jemini vesting 25% every three months over 12 months. The company also granted 3,150,000 stock options to directors, officers, employees and consultants, with 2,650,000 vesting immediately; all options expire five years from grant.

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Red Metal Resources (OTC: RMESF) has started a detailed LiDAR survey over 1,293 hectares of the Carrizal property, focusing on the Farellon project, with data collection expected February 2–8, 2026. The drone-mounted LiDAR will map cm-scale topography to reveal hidden structures, historic workings, and refine high-priority drill targets using existing surface sampling results.

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Red Metal Resources (OTC: RMESF) mobilized crews on November 13, 2025 to collect UAV-supported, high-density magnetic survey data over its Point Piche property in Lake Temiskaming within the Témiscamingue Graben.

Fladgate Exploration Consulting is flying 15-meter line spacing at very low elevation to improve bedrock structural interpretation beneath the lakebed. The region hosts ultramafic source rocks and carbonate cap rocks considered favorable for natural hydrogen; prior lake sampling by INRS, QIMC and Record Resources recorded hydrogen anomalies.

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Red Metal Resources (RMESF) has reported exceptional results from its mapping and sampling program at the Carrizal IOCG Property. The program focused on extending previously identified veins spanning approximately 15km from the historic Carrizal Alto mine. Notable findings include high-grade samples of 17.3% Cu with 5.0 g/t Au, 7.1% Cu with 8.4g/t Au, and 6.8% Cu with 7.0 g/t Au in the South Theresa Zone. All 71 samples collected showed over 1% Cu content, with 41 samples exceeding 4% Cu and 22 samples containing more than 1g/t Au. The sampling program revealed higher gold-to-copper ratios in the South Theresa zone compared to the main Farellon structure, particularly highlighting the gold potential in the previously untested southwestern vein extensions.
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Rhea-AI Summary

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has initiated an extensive sampling and mapping program at its Carrizal IOCG Property in Chile. The program aims to follow up and extend previously identified veins that comprise approximately 15km of veining extending from the historic Carrizal Alto mine.

The 2025 work program builds on previous discoveries that yielded up to 5.77% Copper. The company has already identified three veins, each showing over a kilometer of prospective strike length with mineralized grab samples. Notable findings include a high sample return of 5.77% Cu, 1.55% Co, and 0.11 g/t Au, located two kilometers along strike north of recent drilling on the Farellon structure.

The Gorda vein, situated 250 metres east of the Farellon structure, was previously drilled in Hole FAR-22-020 and has been mapped along strike for a full kilometer. Five additional veins have been identified and sampled to develop future drill targets.

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Red Metal Resources (RMESF) has announced plans for an extensive 2025 work program at its Carrizal IOCG Property in Chile's Candelaria belt, following significant sampling discoveries. The program aims to expand on previous findings that revealed up to 5.77% Copper, 1.55% Cobalt, and 0.11 g/t Gold along two kilometers of strike north of 2022 drilling on the Farellon structure.

The company's 2022 program included a nine-hole, 2,010 metre drill program that successfully intercepted visible copper sulphide mineralization in all holes. A notable discovery included a six-metre quartz calcite vein with visible chalcopyrite mineralization in a newly tested parallel structure, located 250 metres west of the Farellon vein.

The 2025 program will utilize ASTER remote sensing surveys for alteration analysis and ground sampling to identify new drill targets. Three veins have been mapped in detail, each showing over a kilometer of prospective strike length with mineralized grab samples.

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-16.17%
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FAQ

What is the current stock price of Red Metal Resour (rmesf)?

The current stock price of Red Metal Resour (rmesf) is $0.0791 as of April 22, 2026.

What is the market cap of Red Metal Resour (rmesf)?

The market cap of Red Metal Resour (rmesf) is approximately 16.5M.