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Red Canyon Resources Ltd. ( (TSE:REDC) ) has issued an announcement.
Red Canyon Resources Ltd. announced successful results from its 2024 drilling program at the Kendal project, revealing a new copper-molybdenum porphyry system. The significant mineralization and large alteration footprint indicate the potential for a high-grade core, making Kendal the company’s priority project. Red Canyon plans further exploration, including expanded geochemistry and additional drilling. Concurrently, the company is advancing its other projects in British Columbia and the United States.
More about Red Canyon Resources Ltd.
Red Canyon Resources Ltd. operates within the mining industry, focusing on copper-molybdenum and copper-gold projects. The company controls a portfolio of eight 100%-owned projects, including the Kendal copper-molybdenum project in British Columbia.
YTD Price Performance: 3.33%
Average Trading Volume: 43,324
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$5.29M
Learn more about REDC stock on TipRanks’ Stock Analysis page.
