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Red Canyon Resources Ltd. ( (TSE:REDC) ) has provided an update.
Red Canyon Resources Ltd. has completed a Mobile MT geophysical survey at its Kendal Copper Project, revealing a larger-than-expected copper porphyry system. The survey identified a 4 km by 3 km series of elevated conductive rocks, suggesting the potential for multiple porphyry centers. This discovery positions Kendal as comparable to large-scale porphyry copper systems globally, with planned drilling set to target high-potential areas this fall.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. is a company focused on exploration to discover copper and copper-gold deposits in established mineral belts in North America. The company employs advanced geophysical technologies to identify potential mineralization sites, particularly in the Kendal Copper Project located in west-central British Columbia.
Average Trading Volume: 56,045
Technical Sentiment Signal: Sell
Current Market Cap: C$6.83M
See more data about REDC stock on TipRanks’ Stock Analysis page.