Red Metal Resources Mobilizes Crews to Ville Marie, Quebec, Contiguous to Recent Hydrogen Discovery

Executive Summary

• Red Metal Resources mobilized crews and completed a high‑density UAV magnetic survey over the Point Piche Property in Lake Timiskaming, employing 15 m line spacing at low elevation.
• The data will be used to improve structural interpretation of bedrock beneath the lake and assess natural hydrogen potential within the Témiscamingue Graben.
• CEO/President Caitlin Jeffs highlighted the survey as a key step toward evaluating hydrogen opportunities in the region.

Key Details

• Survey contractor: Fladgate Exploration Consulting (Thunder Bay, ON).
• Methodology: UAV‑borne magnetometer, 15 m line spacing, low‑altitude flight over lake surface for enhanced resolution.
• Geological context: Témiscamingue Graben is a ~400 km × 50 km Proterozoic‑Paleozoic structural corridor with ultramafic source rocks and carbonate cap rocks considered favorable for natural hydrogen accumulation.
• Prior work: Hydrogen anomalies previously identified by INRS, QIMC, and Record Resources (disclosed 7 Apr 2025).
• Qualified Person review: Caitlin Jeffs, P.Geo, QP under NI 43‑101.

Notable Quotes

“The current survey represents an important step in advancing our understanding of the geological setting of this region, and we believe it strengthens our foundation as we move toward evaluating potential natural hydrogen opportunities in the Témiscamingue Graben.” – Caitlin Jeffs, CEO & President

Materiality Assessment: Non‑Material – Neutral (operational data collection without disclosed financial impact or immediate commercial result).