Red Canyon Resources - Strategic Financing & Kendal Project Drilling Update
In this company update, we speak with Wendell Zerb, Chairman and CEO of Red Canyon Resources (CSE: REDC - OTCQB: REDRF), about two major developments:
- Strategic Financing: Closed an oversubscribed +$2.3M financing (charity flow-through). Teck Resources (TSX: TECK.A & TECK.B | NYSE: TECK) participated, acquiring a 9.9% stake in Red Canyon.
- Kendal Project Drilling: A 2,500m drill program (5–8 holes) is underway at the Kendal Ridge target in British Columbia. The focus is on defining potential porphyry copper centers within a kilometer-scale alteration system.
- Exploration Approach: Wendell explains how geoscience works - geology, alteration studies, geophysics, and sampling - has built the case for drilling this high-priority target.
- Pipeline Projects: Updates on the Inzana copper-gold project in BC (advancing toward drilling in 2026) and the Scraper Springs project in Nevada, potential partner interest.
For more information, visit Red Canyon Resources Website
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