Does this look like rust? (Chad Nichols Blackout Damascus)

Joined
Apr 3, 2024
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Hi everyone, I recently bought a high-end custom and noticed a spot on the tang of the blade is unpolished... as well as the sharpening choil. I have a similar knife from the same maker where this spot on the tang is polished, but on this one, it has a brownish/red tint to it. Does this look like active rust or just some sort of natural byproduct of the steel/etch process? The blade steel is Chad Nichols Blackout Damascus.
Thanks for any input!

Pics:
 
Unfinished steel. It could have a little rust, but some WD40 on a Q tip should take care of it.
 
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