Red Metal Resources Announces Change of Independent Auditors

THUNDER BAY, ONTARIO--(Marketwire - Jan. 8, 2010) - Red Metal Resources Ltd. (PINK SHEETS:RMES), a resource company focused on growth through acquiring, exploring and developing copper-gold assets in Chile, today announced that the Company appointed Dale Matheson Carr-Hilton LaBonte LLP as its new independent auditors, as of September 30, 2009, replacing the firm of Mendoza Berger & Company, LLP. The decision to change auditors was not the result of any disagreement between the Company and Mendoza Berger on any matter of accounting principals or practices, financial statement disclosure, or auditing scope or procedure.

About Red Metal Resources Ltd.

Red Metal is a Thunder Bay-based resource company focused on growth through acquiring, exploring and developing copper-gold assets in Chile. For more information, visit www.redmetalresources.com.

This press release contains forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

For more information, please contact

Red Metal Resources Ltd.
Adam Rabiner
Director, Corporate Communications
604-648-0513 or 1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com