Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Red Metal Ltd (RDM.ASX)
Release Time 31 Jul 2026, 8:33 a.m.
Price Sensitive Yes
 Red Metal Ltd Quarterly Activities Report
Key Points
  • Sybella Project: Definitive column leach tests validate heap leach processing.
  • Pernatty Lagoon: New copper-gold skarn model developed.
  • Pardoo Project: Vector towards gold mineralisation identified.
  • Maronan Metals: In-specie distribution completed.
Full Summary

Red Metal Ltd's quarterly report highlights significant advancements in its projects. The Sybella Rare Earth Deposit in Queensland has validated its heap leach processing pathway through definitive column leach tests, achieving strong rare earth extractions. The Pernatty Lagoon Copper-Gold project in South Australia has developed a new copper-gold skarn model, with heritage surveying completed in preparation for drilling. The Pardoo Gold project in Western Australia has identified a vector towards gold mineralisation, with preparations underway for follow-up drilling. Additionally, Red Metal completed an in-specie distribution to eligible shareholders of Maronan Metals shares.