Red Metal Resources (CSE: RMES, RMESF) launches Carrizal IP survey
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Red Metal Resources Ltd. is starting an Induced Polarization (IP) geophysical survey at its 100%-owned Carrizal copper-gold-cobalt project in Chile’s Atacama Region. The work, led by Geophysical Studies Chile, aims to refine drill targets within a large iron oxide copper-gold vein system.
The project hosts structurally controlled veins mapped and sampled over more than 12 km of strike, with earlier drilling testing 1.5 km to about 200 m depth. Historic surface sampling from 317 rock samples returned numerous high copper and gold grades, supporting potential economic mineralization and guiding this next phase of exploration.
Positive
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Negative
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Key Figures
Vein strike length: More than 12 km
Drilling coverage: 1.5 km to ~200 m depth
IP survey length: 37 line km
+5 more
8 metrics
Vein strike length
More than 12 km
Mapped and sampled vein system at Carrizal
Drilling coverage
1.5 km to ~200 m depth
Portion of veining previously drill tested
IP survey length
37 line km
Total planned IP lines across two target areas
Historic surface samples
317 samples
Reconnaissance rock sampling between 1996 and 2025
High copper grades
Up to 17.25% Cu
Select historic surface rock samples at Carrizal
High gold grades
Up to 8.4 g/t Au
Select historic surface rock samples at Carrizal
Samples >1% copper
178 of 317
Historic reconnaissance copper assays above 1% Cu
Samples >0.5 g/t Au
81 of 317
Historic reconnaissance gold assays above 0.5 g/t Au
Key Terms
Induced Polarization (IP) survey, Iron Oxide Copper-Gold, LiDAR-assisted structural interpretation, Qualified Person, +1 more
5 terms
Induced Polarization (IP) survey technical
"to complete an Induced Polarization (IP) survey over the Company's 100%-owned Carrizal"
Iron Oxide Copper-Gold technical
"hosts a structurally controlled, vein-style, Iron Oxide Copper-Gold system"
LiDAR-assisted structural interpretation technical
"Integration of 3D IP inversions of chargeability and resistivity data and LiDAR-assisted structural interpretation"
Qualified Person regulatory
"reviewed and approved by Caitlin Jeffs, P. Geo, who is a Qualified Person"
A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.
National Instrument 43-101 regulatory
"Qualified Person ("QP") as defined in National Instrument 43-101, Standards of Disclosure"
National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.
FAQ
What did Red Metal Resources (RMESF) announce about the Carrizal project?
Red Metal Resources announced it has engaged Geophysical Studies Chile to run an Induced Polarization survey at its 100%-owned Carrizal copper-gold-cobalt project in Chile. The program is designed to map sulphide-related chargeability at depth and refine drill targets across key vein zones.
How extensive are the mineralized veins at Red Metal’s Carrizal project?
The Carrizal project hosts structurally controlled iron oxide copper-gold veins mapped and sampled over more than 12 km of strike length. Individual mineralized vein systems and mine workings show strike lengths up to 4.5 km, indicating a large, continuous structural corridor for exploration work.
What work is included in the new IP survey at Carrizal?
The IP program includes two grids: a northern target of 10 lines at 2.5 km each and a southwestern target of 6 lines at 2 km each. In total, 37 line kilometres will be surveyed to detect chargeability linked to sulphides to depths of roughly 500 m.
What historic copper and gold grades have been reported at Carrizal?
Historic surface reconnaissance sampling from 1996 to 2025 collected 317 rock samples. Of these, 178 returned more than 1% copper and 128 exceeded 2% copper, with highs of 17.25%, 8.0% and 7.23%. Gold assays reached up to 8.4, 7.0 and 5.4 g/t from select samples.
How many surface samples support Red Metal’s view of Carrizal’s potential?
A total of 317 surface reconnaissance samples were taken between 1996 and 2025. Of these, 81 returned gold grades above 0.5 g/t and 19 exceeded 2.0 g/t Au, while many also showed strong copper values, underpinning the project’s exploration potential along mapped veins.
What are the next exploration steps Red Metal outlines for Carrizal?
Red Metal plans structural and geological interpretation using magnetics and IP, followed by 3D IP inversions and LiDAR-assisted structural work. The company will then integrate surface sampling and geophysics to refine drill planning, expanding previously drilled targets and defining new high-priority drill-ready areas.



