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Andrew Todd

October 22, 2026 — 12:35pm

Red Metal has fired up the drill rigs for a 5000-metre drilling tilt at its giant Sybella rare earths project near Mount Isa in Queensland, aiming to both upgrade and extend its priority Kary Zone deposit ahead of upcoming economic studies.

Infill drilling will focus on Sybella’s southeast corner of its nearly five-billion-tonne resource, targeting broad, near-surface, higher-grade zones to boost confidence in the area earmarked for initial mining.

Red Metal’s drilling program is underway at its Sybella rare earths project near Mount Isa.

In parallel, extensional drilling will step out to test the interpreted southeast extension of Kary, where limited historical drilling and surface mapping have hinted at the potential for higher-grade mineralisation beyond the already massive mineralised footprint.

Management says the new drilling is building directly on mapping and metallurgical results from the past two years, which have…