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Red Canyon Resources Ltd. ( (TSE:REDC) ) has shared an announcement.
Red Canyon Resources Ltd. has provided an update on its Scraper Springs copper project in Nevada, highlighting the completion of geophysical studies that have identified high-priority drill targets and increased confidence in the project’s potential. The exploration indicates that the site may host a Tier 1 copper porphyry system, comparable to major deposits in Arizona and Mongolia. With excellent infrastructure and new geological insights, the project is now considered drill-ready, presenting significant opportunities for the company and its stakeholders.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is a company focused on exploring and discovering copper and copper-gold deposits within established mineral belts in North America. They control a portfolio of eight 100%-owned copper and copper-gold projects, including the Scraper Springs project in northern Nevada.
YTD Price Performance: -3.33%
Average Trading Volume: 39,014
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$4.95M
For a thorough assessment of REDC stock, go to TipRanks’ Stock Analysis page.
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