Red Metal Resources Ltd. announced the final drill results from the 2022 diamond drill program at Carrizal property, Region III, Chile. The 2022 drill program consisted of nine drill holes (previously reported) totaling 2,010 meters. The program successfully tested the continuity of the north and south Farellon structures at depth, and drilled a newly mineralized structure that lies 250 meters to the east from the Farellon vein.

Results for the last four drill holes highlight the complexity of vein structures within the metasedimentary unit and show consistency with historic drilling. FAR-22-019 2.8 meters of 0.90% Cu, 0.02% Co and 0.04 g/t Au, continues the down dip extension on the north vein structure. FAR-22-016 4.4 meters of 0.35% Cu, 0.19% Co and 0.18 g/t Au, this intercept confirms continuity of the mineralized structure in the north and extends mineralization down dip to a vertical depth of approximately 200 meters.