Red Canyon Resources is pleased to announce it has closed the first tranche of a non-brokered private placement, issuing 9,377,750 units of the Company at a price of $0.16 per Unit for gross proceeds of $1,500,440. Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.24 for a term of 24 months. The proceeds from [...]
Red Canyon Resources is pleased to announce that it proposes to undertake a non-brokered private placement to raise gross proceeds of up to $2,000,000 through the sale of up to 12,500,000 units of the Company at a price of $0.16 per Unit. Each Unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.24 [...]
Red Canyon Resources is pleased to provide an exploration update on its Scraper Springs copper project, outlining exploration results and new insights from last year's activities. The Company is focused on impactful, value-add exploration to make discoveries of copper and copper-gold deposits in established mineral belts in North America. Company Highlights: The Company's 100% owned Scraper Springs copper project in [...]
Red Canyon Resources is pleased to provide an overview of 2024 drill results and initial exploration plans for its 100% owned Kendal copper-molybdenum project. The Company controls a portfolio of eight 100%-owned*, copper-moly and copper-gold projects. Company Highlights: In Q4/2024 a first ever, five-hole drill program at the Company's Kendal project confirmed the discovery of a new copper - moly porphyry system. All [...]
Red Canyon Resources Ltd. is pleased to announce it has now completed the inaugural diamond drill program on its 100% owned Kendal Project in west-central British Columbia. The Company successfully drilled five diamond core holes, testing the northeastern area of the Kendal surface alteration system. All drill holes intersected significant porphyry-style alteration, multiple vein sets and variable visual copper and [...]
Red Canyon Resources is pleased to announce it has commenced diamond drilling on its 100% owned Kendal Project. The Company is focused on impactful, value-added exploration to make discoveries of copper and copper-gold deposits. Highlights: The planned program is fully funded and will consist of 4 to 6 drill holes totalling up to 2,500 m. Drilling will target an interpreted copper porphyry system, represented by [...]
Red Canyon Resources announces that it has granted 2,015,000 incentive stock options to directors, officers, employees and consultants of the Company. Each Option is exercisable to purchase one common share of the Company at a price of $0.20 for a five-year term and vests immediately. The Options are subject to the acceptance of the Canadian Securities Exchange. About Red Canyon Resources Red Canyon Resources Ltd. is a [...]
Red Canyon Resources is pleased to provide an overview outlining summary results on current activities and exploration plans for the remainder of 2024. The Company is focused on impactful, value-add exploration to make discoveries of copper and copper-gold deposits in established mineral belts in North America. Company Highlights: Red Canyon controls a portfolio of seven 100%-owned, internally generated copper and copper [...]
Red Canyon Resources is pleased to announce that it has completed its previously announced charity flow-through private placement, issuing 2,580,000 Charity Flow Through Units of the Company at an issue price of $0.3696 per Charity FT Unit for gross proceeds of $953,568. Each Charity FT Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant, each FT Share and [...]
Red Canyon Resources Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement, issuing 7,259,728 units of the Company at a price of $0.22 per Unit for gross proceeds of $1,597,140 . Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.30 for a term of 24 months [...]
Red Canyon Resources is pleased to announce it has commenced diamond drilling on its 100% owned Peak Project. The Company is focused on impactful, value-add exploration to make discoveries of copper and copper-gold deposits in established mineral belts in North America. Company Highlights: The Company's Peak copper-gold project has multiple copper- gold targets highlighted by magnetic features, coincident Induced [...]
Red Canyon Resources is pleased to announce that it proposes to undertake a non-brokered private placement to raise gross proceeds of up to $1,540,000 through the sale of up to 7,000,000 units of the Company at a price of $0.22 per Unit. Each Unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.30 [...]