Ramp Metals Confirms Multiple Targets with Winter Drilling Set to Begin
Ramp Metals stabilizes after massive retracement, shifts focus to high-impact winter drilling at Rottenstone SW
The most recent news release (January 15, 2026) confirms the upcoming mobilization of a 5,000-meter winter drill program at the Rottenstone SW project in Saskatchewan, scheduled to begin February 23, 2026. The program aims to test anomalies and Maxwell plate models at the Rush, Redridge, and Ranger targets. Results from the Fall 2025 field program provided additional validation, identifying 213 rock samples and 343 soil samples, which helped define new targets named "Redridge" and "Runway." The company is currently fully permitted for up to 30,000 meters of drilling over a two-year period.
This news is a routine operational update that confirms the company is following through on its late-2025 permitting milestones. While positive, the impact is not yet material because: - The market had already priced in the drilling commencement following the receipt of the two-year permit on December 3, 2025. - The fall field results provided "signatures" and "anomalies" rather than grade/width confirmation from drilling. - The company is returning to the Rush target where previous results (August 2025) were a "sell the news" event, leading to a significant price collapse. The market is now waiting for proof of scale (tonnage) rather than just "discovery" confirmation. - The 5,000m program is only a fraction of the 30,000m permitted, suggesting a phased, cautious approach to capital allocation.
Ramp Metals is a junior explorer focused on the Rottenstone SW project in the Rottenstone Domain of Saskatchewan. The project is a "greenfield" opportunity targeting VMS-style copper-zinc-silver and high-grade gold. The flagship project covers over 32,000 hectares. Historical highlights include the Ranger-001 hole (73.55 g/t Au over 7.5m) and the Rush discovery (3.53m of 1.21% Cu and 9.34% Zn).