Red Metal Signs Mining Agreement at Carrizal IOCG Project

Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - RED METAL RESOURCES LTD. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") is pleased to announce that its wholly owned Chilean subsidiary, Minera Polymet SpA ("Polymet"), has leased the mining rights for its 100%-owned Farellon 1/8 mineral concession, part of the Company's Carrizal Copper-Gold-Cobalt Property ("Carrizal" or the "Property"), located in Chile's Atacama Region, to Minera KMT SpA ("KMT"), a proven small-scale miner.