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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Production / Operations

Red Metal Resources Commences Detailed LiDAR Survey on Carrizal Cu-Au-Co Property, Chile

By The Northwire Desk — AI Analysis Feb 04, 2026 · 08:01 RMES · 0.075 Red Metal Resources Ltd.
RMES · Price

Executive Summary

  • Red Metal Resources has commenced a detailed LiDAR survey over the Carrizal property’s Farellon Project, with data collection slated for Feb 2‑8.
  • The high‑resolution LiDAR data will support geological modeling, identification of historic workings, and definition of new drill targets for gold‑copper mineralization.
  • Survey covers 1,293 ha using a DJI Matrice 300 equipped with a LiDAR L2 scanner; results will be integrated with existing surface sampling to prioritize future drilling programs.

Key Details

  • Survey Scope: 1,293 hectares of the Farellon portion of the Carrizal Property.
  • Equipment: DJI Matrice 300 UAV fitted with a LiDAR L2 scanner (same system used by Red Rock SpA).
  • Data Collection Window: February 2‑8, 2026.
  • Purpose of LiDAR Data:
  • Generate cm‑scale three‑dimensional surface maps.
  • Apply multi‑angle hillshading to reveal structural lineaments and offsets invisible in satellite imagery.
  • Extend known vein hosting structures, locate historic workings now obscured, map detailed geological contacts, and pinpoint subtle structures that could channel mineralization.
  • Integration with Existing Work: LiDAR results will be combined with extensive surface sampling (1996‑2025) to refine high‑priority drill targets for future exploration.
  • Surface Sampling Highlights (selected):
  • 1996 samples show Cu % ranging from 0.69–9.99 and Au g/t up to 13.5.
  • Recent 2022‑2025 samples include Cu % as high as 17.25 with Au g/t up to 5.0, indicating continued mineralization potential.
  • Qualified Person: Caitlin Jeffs, P.Geo., President & CEO, reviewed and approved the technical content per NI 43‑101.

Notable Quotes

“Utilizing high-resolution LiDAR allows us to identify historic workings and subtle structural pathways that satellite imagery simply cannot catch. This is a cost‑effective way to develop better targets focusing on the most promising gold and copper zones identified in our recent surface programs.” – Caitlin Jeffs, President & CEO

Materiality Assessment: Non-Material – Positive (operational progress with no immediate financial impact).

Read the original news release →

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