Streetwise Live! Presents Algernon Pharmaceuticals on 01/27/2022. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe


Mining Co. to Start Drilling at Chilean Asset Jan. 25

Share on Stocktwits


The Quick Take

  • Red Metal Resources Ltd. (RMES:OTCBB; RMES:CSE) will start a 2022 drill program at its Farellon property in Chile on Jan. 25, 2022.
  • The minerals explorer plans 2,000 meters of diamond drilling to encompass two sets of targets:
    • Those in the known Farellon zone, historically drilled in 1996, 1997, 2009 and 2011.
    • Those identified along strike via sampling programs carried out in 1996 and 2012.

Speaking on Red Metal Resources's 2022 exploration program,
Caitlin Jeffs, CEO and President of Red Metal Resources Ltd. (RMES:OTCBB; RMES:CSE), commented, "2022 is going to be an exciting year to be a copper explorer and we are looking forward to expanding on our known zones, and also drill testing new targets with fantastic potential."

Read more about Why Red Metal Resources Is a Standout according to BioResearchAlert.

Capital Structure

Current Share Price: $0.20

Market Capitalization: $9.02M

Issued & Outstanding Shares: $51.56M


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Red Metal Resources Ltd. Click here for important disclosures about sponsor fees.  
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Red Metal Resources Ltd., a company mentioned in this article.

Want to read more about Base Metals and Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe