Red Canyon Commences Kendal Ridge Targeted Drill Program
thenewswire.com
Vancouver, British Columbia - TheNewswire - September 16, 2025: Red Canyon Resources Ltd. (“Red Canyon” or the “Company”) (CSE: REDC | OTCQB: REDRF) is pleased to announce it has commenced diamond drilling on its 100% owned Kendal copper project in west-central British Columbia. The Company is focused on value-driven exploration to make new discoveries of copper and copper-gold resources in established mineral belts in North America.
Company Highlights:
- The planned program consists of up to 8 drill holes totalling approximately 2,500 m. Drilling will target the Kendal Ridge area, an interpreted copper porphyry centre within the 4 km by 3 km Kendal hydrothermal system.
- The inaugural drilling at Kendal in 2024, identified a large-scale hydrothermal system with massive fluid flow and low-grade copper and molybdenum (moly) mineralization throughout all drill holes. These drill holes are interpreted to be drilled on the fringes of a copper centre at Kendal.
- In 2025, the Company conducted expanded lithogeochemical studies, detailed vein density mapping and a MobileMT geophysical survey that have identified the Kendal Ridge area as the most advanced and highest priority target.
- Red Canyon and third-party geological consultants model the Kendal Ridge area within a broad zone of potassic alteration, suggesting that the core areas of copper mineralization could be in proximity of surface. The drill program will test a combination of the highest copper and moly surface mineralization, highest vein density areas, and both complex magnetics and conductive and resistive zones identified by the recent MobileMT survey at Kendal (see news release dated August 20, 2025).
- The Company controls a portfolio of seven 100%-owned, internally generated copper and copper – gold projects in British Columbia and the Western United States.
Wendell Zerb, the Chairman and CEO of the Company, states: "The Kendal project represents a large-scale hydrothermal system with potentially multiple copper porphyry centres. Our expanded work program has greatly enhanced our conviction of the significant scale of the Kendal system which now spans over 4 km by 3 km. Within this large system, Kendal Ridge is our most advanced target and the 2025 drill program will focus on this exciting, near surface, interpreted copper porphyry centre. Furthermore, Kendal is in close proximity to an active labour force, port, road/highway, and hydroelectrical grid infrastructure, all of which could vastly improve project economics should our exploration efforts prove successful.”
Kendal Project
Kendal comprises eight 100%-owned mineral claims totalling 3,582 hectares located in west-central British Columbia approximately 25 km northeast of the city of Terrace, a regional infrastructure hub with a well-serviced airport. Infrastructure is excellent with four intersecting highways, hydroelectric power, rail corridors and port facilities approximately 120 km to the west at Prince Rupert. The main project area has direct access via logging roads, 8 km east from Highway 16. The project area lies within the traditional territory of the Kitselas First Nation.
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Figure 1: Kendal project location and infrastructure map with Red Canyon claims.
Kendal Project Drill Plan
Red Canyon has commenced a diamond drill program consisting of up to 8 drill holes totalling approximately 2,500 m. Drilling will target the Kendal Ridge area, an interpreted copper porphyry centre within the large-scale Kendal hydrothermal system.
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Figure 2: Kendal Project topographic orthophoto looking south, with outline of interpreted alteration and anomalous geochemical footprint (yellow line).
The planned program will be conducted from a minimum of three drill locations at Kendal Ridge, all road/trail accessible from established logging road access on the west and south side of Kendal Creek. Collar locations are designed to optimize drill testing the Kendal Ridge area, which spans an area of about 850 m by 800 m (Figures 2, 3). The drill program will test a combination of the highest copper and moly surface rock geochemistry values, highest vein density areas, thorium/potassium (Th/K) ratio lows, and both complex magnetics and conductive and resistive zones identified by the recent MobileMT survey conducted at Kendal (Figures 2, 4, 5). The Company anticipates the program to run into late October.
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Figure 3: Aerial photo of Kendal Ridge area looking WSW. Photo relative location on Figure 2.
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Figure 4: Resistivity slice at 250 masl. Kendal project interpreted footprint of Kendal hydrothermal system defined by an extensive zone of relative conductivity (MobileMT resistivity low).
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Figure 5: MobileMT Inversion modeled resistivity cross section 1220 looking northeast.
The 2024 diamond drilling program at Kendal encountered an extensive mineralized alteration footprint indicating a porphyry system with a massive amount of associated hydrothermal fluid flow. This large alteration footprint and corresponding multiple generations of hydrothermal veins provides confidence regarding the scale of the hydrothermal system. New results from the MobileMT survey further establish this confidence and the potential for Kendal to host multiple higher-grade mineralized centres.
The widespread presence of mineralized, porphyry-style B veins provides strong evidence that areas of the Kendal system are eroded to the level of the primary potassic alteration zone of the porphyry system. Much of the observed alteration identified at Kendal is dominantly sericite-chlorite (SC), which overprints earlier potassic alteration. Recent field work has identified B veins in the Kendal Ridge area which further extends the known potassic alteration to the west-southwest over a minimum strike length of 1.5 km. Thus, Kendal is defined by a large zone of potassic alteration with SC overprinting, with previous drilling only testing a small portion of the potassic footprint. Furthermore, vectoring to higher grade centres within the potassic alteration zone is likely to be lateral versus to depth from areas previously drill tested.
On August 26, 2025, the Company announced a non-brokered private placement of Charity Flow-Through Common Shares to raise gross proceeds of up to C$2,200,000, which included participation by a multi-national mining company (see News Release dated August 26, 2025). This financing remains on track and is anticipated to close on September 18, 2025.
About Red Canyon Resources
Red Canyon Resources Ltd. (CSE: REDC | OTCQB: REDRF) is a geoscience-driven, discovery-focused mineral exploration company focused on exploring North America’s top copper jurisdictions. The Company’s core goal is to make impactful copper discoveries to benefit all stakeholders. Red Canyon has a portfolio of 100% owned1 copper and copper-gold porphyry exploration projects. The Company’s technical team consists of experienced geoscientists with diverse capital market, small cap and major mining company backgrounds, and a track record of success.
For more information, please visit the Company's website at www.redcanyonresources.com.
Red Canyon is part of the NewQuest Capital Group which is a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at www.nqcapitalgroup.com.
1’ Red Canyon has two projects subject to option earn in agreements whereby the Company can earn into 100% of the project.
On Behalf of the Board of Directors
Wendell Zerb, P. Geol
Chairman and Chief Executive Officer
+1 (604) 681-9100
wzerb@redcanyonresources.com
For further information, please contact:
Brennan Zerb
Investor Relations Manager
+1 (778) 867-5016
bzerb@redcanyonresources.com
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this press release.
Qualified Person:
The technical information contained in this update has been reviewed and approved by Wendell Zerb, P. Geol, a “Qualified Person” (“QP”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Zerb is not independent by reason of being the Chairman, President and CEO of the Company.
Forward-Looking Statements:
This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, exploration activities and the specifications, targets, results, analyses, interpretations, benefits, costs and timing of them, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, including the Company’s exploration plans and the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the ability of the Company to obtain the required permits, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company’s prospectus dated October 12, 2023 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law. |
