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Red Canyon Resources Ltd. ( (TSE:REDC) ) has shared an announcement.
Red Canyon Resources Ltd. has identified priority copper-gold porphyry targets at its Inzana project area in central British Columbia. The company has upgraded the project’s potential following detailed compilation and modeling work, with plans for field work and initial drilling in 2025. The Inzana area, including the Osiris and Acheron projects, shows significant potential for copper-gold porphyry systems, with historical drilling indicating promising mineralization. This development enhances Red Canyon’s exploration portfolio and positions the company to capitalize on its copper-gold potential.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is involved in the exploration and development of copper and copper-gold deposits in North America, focusing on established mineral belts. The company holds a portfolio of eight projects across British Columbia, Nevada, and Utah, with high-priority projects including Kendal in British Columbia and Scraper Springs in Nevada.
Average Trading Volume: 44,839
Technical Sentiment Signal: Sell
Current Market Cap: C$5.88M
For a thorough assessment of REDC stock, go to TipRanks’ Stock Analysis page.