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Red Canyon Resources Ltd. ( (TSE:REDC) ) has shared an announcement.
Red Canyon Resources has completed a five‑hole, targeted drill program at the Kendal Ridge zone of its 100%-owned Kendal copper-molybdenum-gold-silver project, with all holes intersecting significant porphyry-style alteration and highly anomalous copper, molybdenum, gold and silver consistent with earlier discovery drilling. The results, combined with large-scale soil geochemistry and geophysical surveys, indicate an extensive porphyry halo at least 1,500 metres by 500 metres by 500 metres that remains open to depth and eastward, and have prompted the company to expand its 2026 program to include infill geochemistry, IP geophysics and diamond drilling targeting newly defined anomalies east of Kendal Creek and Moly Fork, underscoring growing confidence in the project’s scale and potential economic significance.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is a mineral exploration company focused on copper and copper‑gold assets, controlling a portfolio of seven 100%-owned projects in British Columbia and the western United States. Its flagship Kendal project in west-central British Columbia targets a large copper-molybdenum-gold-silver porphyry system, leveraging established regional infrastructure to support potential future development.
Average Trading Volume: 33,722
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$15.16M
See more insights into REDC stock on TipRanks’ Stock Analysis page.