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Red Metal Resources delivers first copper ore ahead of schedule, generating royalty revenue.

Company Fundamentals
03 Sep 2026
Newsfile Corp
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Bullish
Red Metal Resources delivers first copper ore ahead of schedule, generating royalty revenue.

Red Metal Resources announced that its operator, Minera KMT SpA, has completed the first deliveries of copper sulphide ore from the Farellon Project in Chile to the ENAMI processing plant, ahead of the planned schedule. These deliveries, totaling approximately 592 tonnes, were made within three months of the mining agreement, four months earlier than expected. Red Metal will earn a net sales royalty of 8.5% on the ore sold, providing non-dilutive revenue to support company costs while advancing exploration. The company continues to develop the project and plans further drilling later in 2026 to expand its copper-gold-cobalt targets.

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