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Red Canyon Resources Ltd. ( (TSE:REDC) ) has shared an announcement.
Red Canyon Resources Ltd. has completed its Phase 2 targeted diamond drill program and expanded soil geochemistry sampling at the Kendal copper project. The drilling intersected copper and molybdenum mineralized porphyry veins, enhancing the understanding of the hydrothermal system at Kendal Ridge. The company aims to further explore the potential of the Kendal system, with assay results expected in late 2025 or early 2026. This development could strengthen Red Canyon’s position in the copper exploration industry and potentially impact stakeholders by unveiling new copper porphyry centers.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is a company focused on the exploration and development of copper and copper-gold projects, primarily in British Columbia and the Western United States. The company owns a portfolio of seven projects, with a significant focus on its Kendal copper project in west-central British Columbia.
Average Trading Volume: 58,866
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$11.3M
Learn more about REDC stock on TipRanks’ Stock Analysis page.