EL 27264 Annual and final report for the period 19 March 2015 to 24 November 2015

Abstract

The work carried out on EL 27264 during the first year of tenure included a review of existing airborne geophysical data. EL 27264 was acquired to investigate the potential for intrusive-related copper-nickel mineralisation in a continuation of the new style of pyrrhotite copper-cobalt mineralisation discovered in the region by Mithril Resources. Red Metal Limited considers further work could be warranted in the area perhaps utilizing airborne VTEM surveying. A joint venture partner was sought without success so it was decided to surrender the licence.