Help to recreate this effect

[wizard509]

Several years ago I saw an image posted somewhere on the web by Rogue.
It was some sort of metallic symbol that had been painted red with some of the paint worn away by the elements leaving some of the bare metal showing. The whole thing was still mostly red but the red had a sun bleached look to it as well as being worn away (mostly on the edges leaving lighter metal and a darker gray showing. Anyway I never forgot that image and have been trying to reproduce that effect with xtreme. To help clarify I am attaching a small detail of the image. Sorry I don’t know the website it came from. If anyone in interested in this I would appreciate any tips to accomplish this in Xtreme, if possible. So with that said I think it might be a good challenge although I cannot seem to create the effect myself, what can you do with it.