Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Red Metal Resources moves crews to Point Piche

RMES · Price

Executive Summary

  • Red Metal Resources Ltd. has mobilized crews to conduct UAV-supported magnetic surveys over its Point Piche property in Lake Timiskaming, Quebec.
  • The survey aims to aid in the structural interpretation of bedrock under the lake bed to evaluate potential natural hydrogen opportunities in the Temiscamingue graben.
  • The activity follows recent hydrogen discoveries by adjacent parties (Record Resources Inc.) in the same geological corridor.

Key Details

  • Survey Location: Point Piche property in Lake Timiskaming, within the Temiscamingue graben region (Ontario-Quebec border).
  • Survey Method: UAV-supported magnetic survey conducted by Fladgate Exploration Consulting.
  • Technical Specifications: 15-metre detailed line spacing; very low elevation flight to increase data resolution.
  • Objective: Collection of high-density magnetic data to interpret bedrock structure beneath the lake bed.
  • Geological Context: The Temiscamingue graben is a 400km x 50km Proterozoic-Paleozoic structural corridor hosting ultramafic source rocks and dolomite/limestone cap rocks suitable for natural hydrogen accumulation.
  • Adjacent Activity: References hydrogen anomalies recorded by INRS, Quebec Innovative Material Corp., and Record Resources Inc. in lake sampling, disclosed in a Record Resources news release dated April 7, 2025.
  • Company Portfolio: Red Metal holds 160 mineral claims (4,178 hectares) in Ville Marie, Que., and Larder Lake, Ont., focused on hydrogen, plus a copper project in Chile.

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 Temiscamingue graben." — Caitlin Jeffs, CEO and President
Read the original news release →

More from Red Metal Resources Ltd