cr122004

Red Metal Limited (Red Metal) is the owner and operator of EPM 26820 – Twelve Mile located 45 km south of Burketown. The tenement forms a part of Red Metal’s Lawn Hill project. The tenement was acquired to cover an area interpreted to be prospective for lead – zinc - silver mineralisation in covered portions of the Lawn Hill platform near the giant Century zinc – lead - silver deposit.
This report outlines work carried out within EPM 26820 during the period November 20, 2019 to November 19, 2020 and is the second Annual Report in respect of this tenement.
Exploration by Red Metal during the current term comprised:
• Magnetotelluric survey comprising two lines for a total of 15 line km with 1 km station spacings (17 stations) across the Bluebush Anticline.

The survey was planned to start in April 2020 but had to be cancelled due to the strict travel restrictions relating to the COVID-19 pandemic. The survey was eventually completed in October 2020.
The survey data is being processed at the time of writing of this report. Results will be reported on in the 2021 Annual Report.
Work Program for Year 2 comprised drilling and related activities; and gravity surveying. These activities did not eventuate as the planned MT survey was delayed and no drill targets had been defined.
Work for the next term is planned to comprise processing and analysis of the magnetotelluric data and depending on the results, further ground geophysics for target definition and drill testing of targets.