Red Metal Resources Ltd.

This 6-K filing discloses a material advancement in Red Metal’s exploration strategy for the Carrizal Project, shifting from surface reconnaissance and limited drilling to geophysical targeting of subsurface sulphide mineralization. The 37-line-kilometer IP survey—split between a 25 km northern grid and a 12 km southwestern grid—is explicitly designed to detect chargeability anomalies associated with sulphides at depths up to 500 meters, beyond the current 200-meter drilling limit. While historic surface sampling returned exceptional grades—including 17.25% Cu and 8.4 g/t Au—the Company emphasizes these are selective point samples and not necessarily representative of broader mineralized horizons. The technical rationale centers on defining an Iron Oxide Copper-Gold (IOCG) system, consistent with the project’s location in Chile’s prolific Candelaria IOCG belt. Management, led by Qualified Person and CEO Caitlin Jeffs, frames the IP work as foundational for Phase 2 drilling, with explicit plans to integrate results with magnetics, LiDAR, and structural mapping to refine targets. Though no financial commitments, timelines, or resource estimates are disclosed, the scale of the geophysical program signals increased technical focus and capital allocation toward de-risking Carrizal’s depth potential—a key value inflection point for investors assessing near-term catalysts.