Redtail Intersects 8.25m of 8.49% Zn, 3.94% Pb, 34.7 g/t Ag in Massive Sulphide at the R15 Project, Yukon

    Redtail Intersects 8.25m of 8.49% Zn, 3.94% Pb, 34.7 g/t Ag in Massive
                      Sulphide at the R15 Project, Yukon

PR Newswire

WHITEHORSE, YT, Nov. 15, 2012

TSX-V:RTZ

WHITEHORSE, YT, Nov. 15, 2012 /PRNewswire/ - Redtail Metals Corp. (TSX-V:RTZ)
(the "Company") is pleased to announce that it has successfully completed the
fall 2012 drill program on the R15 Property, Yukon Territory. Five diamond
drill holes were completed for a total of 686m. All 5 holes intersected
significant massive sulphide mineralization.

Significant results include:

  *R12-11 which intersected 8.25m of 8.49% Zn, 3.94% Pb, 0.24% Cu, 34.7g/t
    Ag, and 0.061 g/t Au; and
  *R12-09, which intersected 6.99m of 7.68% Zn, 3.05% Pb, 0.28% Cu, 30.21g/t
    Ag, 0.059g/t Au.

A complete table of results, location maps and pictures can be found on the
Company's website at:
http://www.redtailmetals.com/documents/RTZ-NR-12-03-R15-Drill-Results.pdf

The 5 holes were drilled at approximately 100m spacing to an average depth  of 
135m. These holes were  designed as in-fill and  step-out holes to  delineate 
and expand the initial discovery holes drilled by Teck Cominco Limited  (Teck) 
in 2004. All holes were oriented due south and drilled at -70 or -75  degrees. 
Complete results  are listed  in  Table 1.  To  date mineralization  has  been 
intersected in a roughly 400 by 300m  zone, which continues to be open in  all 
directions. The mineralized horizon strikes approximately 330^o and dips  15^o 
to the northeast.

"Our highly successful initial  drill program has  confirmed and extended  the 
high grade Teck  discovery from 2004,"  said Interim CEO  William M.  Sheriff. 
"The continuity and predictability of the  ore horizon, which remains open  in 
all directions, is  highly encouraging. We  are eager to  continue to  expand 
this discovery while  testing other  mineralized horizons  with an  aggressive 
drill program in 2013."

R15 Project
The R15 Project consists of a Yukon  Government Lease of Mining Rights to  the 
Kaska Minerals Corporation dated February 3, 2004 covering 4,304 hectares.  It 
is located approximately  120 km  ESE of Ross  River and  approximately 25  km 
southwest of the Robert  Campbell Highway within  the prolific Finlayson  Lake 
District; a crescent-shaped portion of the Yukon Tanana Terrane (YTT)  located 
in the south-eastern  part of the  Yukon Territory that  hosts numerous  other 
volcanic-hosted  massive   sulphide   deposits   including   the   high-grade, 
poly-metallic Wolverine  deposit, the  Kudz  Ze Kayah  deposit, and  the  GP4F 
deposit.

The R15 Project lies 0.5 km along strike from, Teck's GP4F project (historical
resource estimate of 1.5 million tonnes of 6.4% Zn, 3.1% Pb, 90 g/t Ag, 2  g/t 
Au^(1)) and hosts massive sulphide mineralization that is geologically similar
to the GP4F. The R15 mineralization may represent the continuation of the GP4F
horizon along strike.

The R15 mineralization consists of a 3-8m thick zone of massive, semi-massive,
and   disseminated   sulphide   within   altered   Mississippian-aged   felsic 
metavolcanic and  metasediments of  the  Kudz Ze  Kayah Formation.  This  zone 
consists of several 1-3m thick horizons of massive to semi-massive, brecciated
and recrystallized sphalerite,  galena, pyrrhotite,  pyrite, and  chalcopyrite 
with minor silica, plagioclase, + chlorite and biotite gangue.

In 2004, Teck Cominco  Limited optioned the R15  Property from Kaska  Minerals 
and subsequently drilled 7 diamond drill holes on the property ^ (1). Five  of 
the drill holes  intersected significant mineralization  including four  which 
constitute the original  R15 discovery  with the  best intersection  returning 
3.4m of 15.84% Zn, 7.09% Pb, 0.2% Cu, 68 g/t Ag, 0.268 g/t Au in R04-006.

Several other mineralized horizons  have been identified  in the area  through 
geophysics and the initial  7 hole diamond drilling  program including a  1.9m 
intersection of 6.3% Zn, 4.15% Pb, and 43 g/t Ag in drill hole R04-002,  which 
was drilled approximately 400m to the east of the Main Zone (Figure 2 and  3). 
It is now interpreted that this hole was stopped short of the main R15 horizon
but likely  succeeded  in  identifying  a  second  mineralized  horizon  lying 
stratigraphically above  the R15  horizon. No  additional work  has yet  been 
directed to this second mineralized horizon. The model of mineralization  will 
continue to evolve with further drilling.

Sampling Methodology, Quality Control and Assurance
The drill holes were drilled using a fly 600 diamond drill utilizing NTW  core 
sizes (5.6 cm/2.2"). The core was cut on site and one half was sent to the lab
for analysis and the other half retained on site.

The core samples  were sent to  ALS Mineral's ISO  9001 certified  preparation 
facility in Whitehorse. The  pulps were analyzed at  ALS's ISO 9001  certified 
laboratory in Vancouver.  Blanks, commercial standards  and duplicate  samples 
were included for each hole. Samples were crushed and pulverized and dissolved
using a four acid digestion prior to being analyzed using Inductively  Coupled 
Plasma  -  Atomic  Emission   Spectrometry  (ICP-AES).  Overlimits  for   Zinc 
(>100,000ppm) were  reanalyzed  using  ore grade  ICP-AES.  Gold  values  were 
obtained using fire assay and Atomic Absorption finish (AAS). Specific Gravity
was determined on pulps using pycnometer.

Redtail Metals employs high standards of protocol with respect to the handling
and chain  of custody  of its  samples. All  sampling is  conducted under  the 
supervision of  the Company's  Vice President,  Exploration and  the chain  of 
custody from  the drill  to the  sample preparation  and logging  facility  is 
continually monitored on  site. Samples are  shipped to the  lab by  qualified 
couriers or by Company personnel. Data verification of the analytical  results 
includes a statistical analysis of  the duplicates, standards and blanks  that 
must pass  certain  set  parameters  for acceptance  to  insure  accurate  and 
verifiable results.

The technical contents  of this  release have  been reviewed  and approved  by 
Gilles Dessureau, MSc., PGeo. Mr.  Dessureau is the Company's  Vice-President, 
Exploration and a Qualified Person as defined by National Instrument 43-101.

About Redtail Metals Corp.
Redtail Metals specializes  in identifying, acquiring  and developing  quality 
precious metal  enriched copper,  lead  and zinc  mineral deposits  in  Yukon, 
Canada. The Company currently controls the  R15 Project in the Finlayson  Lake 
District plus the  Marg and  Clear Lake  massive sulfide  deposits, both  with 
43-101 compliant mineral resources. Redtail  Metals, a member of the  Predator 
Group of Companies, has a committed management team with extensive  experience 
in the Yukon.

^(1) MacRobbie,  P.A., and  Holroyd,  R.W., 2004.  2004 Summary  Report,  R-15 
Option (KZK  Project) Canada,  Linecutting,  Grid Ground  Geophysical  Surveys 
(UTEM/MAG), Diamond Drilling, and Minor Geological Mapping. Exploration Report
for Kaska Minerals Corporation and Yukon Territorial Government.

Neither TSX Venture  Exchange nor  its Regulation Services  Provider (as  that 
term  is  defined   in  policies   of  the  TSX   Venture  Exchange)   accepts 
responsibility for the adequacy or accuracy of this release.

No stock exchange,  securities commission  or other  regulatory authority  has 
approved or disapproved the information  contained herein. This press  release 
contains projections  and  forward-looking information  that  involve  various 
risks  and  uncertainties  regarding   future  events.  Such   forward-looking 
information  can  include  without  limitation  statements  based  on  current 
expectations involving  a  number  of  risks and  uncertainties  and  are  not 
guarantees of future performance. There  are numerous risks and  uncertainties 
that could cause actual  results and Redtail Metals'  plans and objectives  to 
differ materially  from those  expressed in  the forward-looking  information. 
Actual  results  and  future  events   could  differ  materially  from   those 
anticipated in such  information. These  and all subsequent  written and  oral 
forward-looking information are based on estimates and opinions of  management 
on the dates they are  made and are expressly  qualified in their entirety  by 
this notice. Except as required by law, Redtail Metals' assumes no  obligation 
to update  forward-looking information  should circumstances  or  management's 
estimates or opinions change.

SOURCE Redtail Metals Corp.

Contact:

Redtail Metals Corp.
William M. Sheriff, Interim CEO
(208) 635-5415
In Europe: Blair M. Shilleto, Chairman
41 (0) 79 205 37 26
info@predatorgroup.ca
www.redtailmetals.com
 
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