Latest Red Metal Resources Ltd. (RMES) Headlines
Red Metal Resources to Exhibit at PDAC 2014
PR Newswire - Wed Feb 26, 9:03AM CST
Red Metal Resources Ltd. (RMES:OTCBB) ("Red Metal") is pleased to announce that it will be exhibiting at the 2014 Prospectors & Developers Association of Canada (PDAC) International Convention in Toronto.
Mining permit issued for small scale mining operations on Red Metal's Farellon copper-gold project
CNW Group - Tue Feb 18, 10:22AM CST
Red Metal Resources Ltd. (OTCQB: RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that Minera Farellon, an affiliated company, has received provisional mining permits on the Farellon copper-gold project for up to 500 tonnes per month. Minera Farellon will be transporting and selling the ore to ENAMI, the national mining company's local processing facility in Vallenar, located 75 kilometres south of the property.
Comstock Mining Announces Improved, Lower Cost Revolving Credit Facility
PR Newswire - Fri Feb 14, 7:00AM CST
Comstock Mining Inc. (the "Company") (NYSE MKT: LODE) announced today that it has entered into a new, lower cost $5 million revolving credit facility (the "Revolving Credit Facility") with Auramet International, LLC ("AIC"), pursuant to which the Company may borrow up to $5 million outstanding at any one time. The proceeds of the Revolving Credit Facility will be used for working capital, including production ramp up and preparations for expansion of the Lucerne Mine, including targeted drilling on the east side of the Lucerne resource area.
Red Metal Resources Announces Results of Drilling at Farellon
CNW Group - Fri Jan 24, 8:30AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has received results from its previously announced (News Release Nov. 5(th), 2013) drilling on its Farellon property.
Red Metal Resources Drills at Farellon
CNW Group - Tue Nov 05, 11:00AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has drilled two holes on its Farellon property.
Red Metal Resources applies for mining permits on its 100% owned copper gold project in Chile
PR Newswire - Tue Oct 15, 11:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has engaged a local mining contractor, Minera Farellon Ltda,to apply for a small scale mining operation permit on Red Metal's 100% owned Farellon copper-gold property. The small scale mining operation permits allow for transporting of up to 500 tonnes per month to local processing facilities. Once permits are issued Minera Farellon Ltda will commence mining activities. Minera Farellon Ltda will be transporting and selling the ore to ENAMI, the national mining company's local processing facility in Vallenar, located 75 kilometres south of the property
Red Metal Resources Announces Commencement of Drilling Program on its 100% Owned Perth Copper Gold Property In Chile
CNW Group - Wed Sep 18, 7:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce the commencement of a 2,500 metre diamond drill program on the Company's Perth property. The program is being carried out by the optionee of the property, Chilean based Geoactiva SPA ("Geoactiva").
Red Metal Resources Announces Option of Perth Property for USD$1 Million
PR Newswire - Tue May 07, 7:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed a memorandum of understanding with Chilean based Geoactiva SPA (Geoactiva) whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000, of which $37,500 was paid on signing, and incur a total of US$3,500,000 in exploration expenditures over a period of four years.
Red Metal Resources Grants Extension to Geoactiva
CNW Group - Fri Apr 12, 7:00AM CDT
On February 14, 2013 Red Metal Resources Ltd. (OTCBB:RMES) announced that on February 11, 2013 the Company's subsidiary, Minera Polymet Limitada, had entered into a Memorandum of Understanding ("MOU") with Geoactivia Spa, ("Geoactivia"). Pursuant to the MOU Geoactivia was granted the right to acquire 100% of the mining concessions group named "Perth" through the execution of a mining option purchase agreement whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000 and incur a total of US$3,500,000 in exploration expenditures over a period of four years. The MOU permitted Geoactivia to conduct a due diligence investigation for a period of 60 days. On April 9, 2013, Polymet agreed to extend the due diligence investigation period for an additional 30 days, therefore, the due diligence investigation period will now expire on May 12, 2013. Unless another agreement is entered into be
Red Metal Resources Announces Agreement to Option Perth Property for USD$1 Million
CNW Group - Thu Feb 14, 7:00AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed a memorandum of understanding with Chilean based Geoactiva SPA (Geoactiva) whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000 and incur a total of US$3,500,000 in exploration expenditures over a period of four years.
Red Metal Resources to Exhibit at PDAC 2014
PR Newswire - Wed Feb 26, 9:03AM CST
Red Metal Resources Ltd. (RMES:OTCBB) ("Red Metal") is pleased to announce that it will be exhibiting at the 2014 Prospectors & Developers Association of Canada (PDAC) International Convention in Toronto.
Mining permit issued for small scale mining operations on Red Metal's Farellon copper-gold project
CNW Group - Tue Feb 18, 10:22AM CST
Red Metal Resources Ltd. (OTCQB: RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that Minera Farellon, an affiliated company, has received provisional mining permits on the Farellon copper-gold project for up to 500 tonnes per month. Minera Farellon will be transporting and selling the ore to ENAMI, the national mining company's local processing facility in Vallenar, located 75 kilometres south of the property.
Comstock Mining Announces Improved, Lower Cost Revolving Credit Facility
PR Newswire - Fri Feb 14, 7:00AM CST
Comstock Mining Inc. (the "Company") (NYSE MKT: LODE) announced today that it has entered into a new, lower cost $5 million revolving credit facility (the "Revolving Credit Facility") with Auramet International, LLC ("AIC"), pursuant to which the Company may borrow up to $5 million outstanding at any one time. The proceeds of the Revolving Credit Facility will be used for working capital, including production ramp up and preparations for expansion of the Lucerne Mine, including targeted drilling on the east side of the Lucerne resource area.
Red Metal Resources Announces Results of Drilling at Farellon
CNW Group - Fri Jan 24, 8:30AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has received results from its previously announced (News Release Nov. 5(th), 2013) drilling on its Farellon property.
Red Metal Resources Drills at Farellon
CNW Group - Tue Nov 05, 11:00AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has drilled two holes on its Farellon property.
Red Metal Resources applies for mining permits on its 100% owned copper gold project in Chile
PR Newswire - Tue Oct 15, 11:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has engaged a local mining contractor, Minera Farellon Ltda,to apply for a small scale mining operation permit on Red Metal's 100% owned Farellon copper-gold property. The small scale mining operation permits allow for transporting of up to 500 tonnes per month to local processing facilities. Once permits are issued Minera Farellon Ltda will commence mining activities. Minera Farellon Ltda will be transporting and selling the ore to ENAMI, the national mining company's local processing facility in Vallenar, located 75 kilometres south of the property
Red Metal Resources Announces Commencement of Drilling Program on its 100% Owned Perth Copper Gold Property In Chile
CNW Group - Wed Sep 18, 7:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce the commencement of a 2,500 metre diamond drill program on the Company's Perth property. The program is being carried out by the optionee of the property, Chilean based Geoactiva SPA ("Geoactiva").
Red Metal Resources Announces Option of Perth Property for USD$1 Million
PR Newswire - Tue May 07, 7:00AM CDT
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed a memorandum of understanding with Chilean based Geoactiva SPA (Geoactiva) whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000, of which $37,500 was paid on signing, and incur a total of US$3,500,000 in exploration expenditures over a period of four years.
Red Metal Resources Grants Extension to Geoactiva
CNW Group - Fri Apr 12, 7:00AM CDT
On February 14, 2013 Red Metal Resources Ltd. (OTCBB:RMES) announced that on February 11, 2013 the Company's subsidiary, Minera Polymet Limitada, had entered into a Memorandum of Understanding ("MOU") with Geoactivia Spa, ("Geoactivia"). Pursuant to the MOU Geoactivia was granted the right to acquire 100% of the mining concessions group named "Perth" through the execution of a mining option purchase agreement whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000 and incur a total of US$3,500,000 in exploration expenditures over a period of four years. The MOU permitted Geoactivia to conduct a due diligence investigation for a period of 60 days. On April 9, 2013, Polymet agreed to extend the due diligence investigation period for an additional 30 days, therefore, the due diligence investigation period will now expire on May 12, 2013. Unless another agreement is entered into be
Red Metal Resources Announces Agreement to Option Perth Property for USD$1 Million
CNW Group - Thu Feb 14, 7:00AM CST
Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in Chile, is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ("Polymet") has signed a memorandum of understanding with Chilean based Geoactiva SPA (Geoactiva) whereby Geoactiva intends to acquire the option to earn 100% interest in the Perth property. To earn 100%, Geoactiva will be required to make payments totaling US$1,000,000 and incur a total of US$3,500,000 in exploration expenditures over a period of four years.
