Promising drill results indicate silver-lead-zinc potential in Queensland
Red Metal has recently completed its first drill hole at the Bluebush silver-lead-zinc prospect in northwest Queensland. The drill hole found 73 meters of silver at a grade of 9 grams per tonne, including a section with 12 meters at 19 grams per tonne. This discovery is significant because it points to potential new mining opportunities in an area known for hosting major silver-lead-zinc mines. Along with silver, the drill results showed the presence of lead and zinc, with the 73-meter interval containing 990 parts per million lead and 256 parts per million zinc. A deeper section also revealed higher levels of zinc and lead. The geology of the Bluebush area is similar to formations that host other significant mines, such as the McArthur River deposit in Northern Territory. Red Metal believes the extensive mineralization found in the drill core could indicate proximity to a richer mineralized zone. Further exploration is planned, with additional drill holes set to target new areas identified by gravity surveys. The company aims to follow up on this promising first drill to better understand the mineral potential of the Bluebush prospect. Red Metal is beginning its exploration efforts with renewed confidence based on these initial results.