Red Metal Ltd. said June 18 that it acquired, by staking, three new exploration license applications that form the Three Ways zinc project in Queensland, Australia.

Identification of the project area was made through a regional data review of historical magneto-telluric data that provided key evidence of its potential to hold zinc mineralization.

The explorer will conduct a survey of the project area to map and prioritize highly conductive zones within the prospective stratigraphy for drill testing.