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Red Canyon Resources Ltd. ( (TSE:REDC) ) just unveiled an announcement.
Red Canyon Resources has laid out its 2026 exploration program for its 100% owned Osiris copper-gold project in the Inzana area of central British Columbia, detailing a 2,500-metre diamond drill campaign at the Camp target and up to 1,500 metres of reverse-circulation drilling on multiple untested undercover targets. Backed by extensive new and historic geochemical and geophysical work—including four-acid geochemistry on historic core, new airborne magnetic and radiometric surveys, and reinterpretation of historic IP data—the company has refined a series of copper-gold porphyry targets within the Quesnellia terrane, highlighted by historic hole 91-2 at Camp, which intersected 127.4 metres grading 0.18% copper with anomalous gold and is interpreted as peripheral to a potentially more robust porphyry centre. Management has elevated the Inzana area, including Osiris and Acheron, to high-priority status within its portfolio and is also advancing plans for work at the Kendal project in British Columbia and the drill-ready Scraper Springs project in Nevada, signaling an aggressive multi-asset exploration strategy aimed at upgrading targets and potentially defining new copper-gold systems near existing operations such as Centerra Gold’s Mount Milligan mine.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is a mineral exploration company focused on copper and copper-gold projects in British Columbia, Canada, and Nevada, USA. Its portfolio comprises seven 100% owned projects, with high-priority assets including the Kendal project in west-central British Columbia, the Inzana-area Osiris and Acheron projects in central British Columbia, and the Scraper Springs project in northeast Nevada, where the company is targeting porphyry-style and large hydrothermal alteration copper-gold systems near established mining districts.
Average Trading Volume: 34,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$11.66M
For an in-depth examination of REDC stock, go to TipRanks’ Overview page.