Red Canyon Resources Updates Kendal Copper Project Exploration
Vancouver, British Columbia — February 4, 2026 — Leads & Copy — Red Canyon Resources Ltd. (CSE: REDC | OTCQB: REDRF) has provided an update on its exploration efforts at the Kendal copper-molybdenum-gold-silver project in west-central British Columbia. The company owns 100% of the project.
In the fourth quarter of 2025, Red Canyon completed a five-hole drill program at Kendal Ridge, within the 4 km by 3 km Kendal hydrothermal system. The program intersected significant porphyry-style alteration, multi-generational vein sets, and anomalous copper, molybdenum, gold, and silver mineralization. Assay results confirmed anomalous copper and molybdenum tenor similar to the 2024 discovery drill program. Copper mineralization with gold and silver was strongest in holes RCKD-25-007 and RCKD-25-010, associated with altered diorite porphyry. Elevated molybdenum zones were confined to the eastern portion of Kendal Ridge.
Drilling has identified an interpreted halo of the Kendal copper porphyry system spanning at least 1,500 m by 500 m by 500 m. Modeling suggests the system remains open to depth on the western flanks and eastward over an approximately 4 km by 2 km north-south area.
To evaluate the eastern portion of the Kendal system, the company completed a large-scale soil geochemistry program in the second half of 2025. Assay results identified new and anomalous copper, molybdenum, gold, and silver zones east of the Kendal and Moly Fork drainages. These anomalies correspond with MobileMT conductive and resistive features. The area east of Kendal Ridge hosts breccias containing copper-molybdenum mineralization and high-grade hypogene chalcocite veining, with reported grades of up to 27.5% copper.
Exploration plans for 2026 will target geochemical and geophysical targets identified east of Moly Fork and Kendal Creek. Infill sample geochemistry, IP geophysics, and diamond drilling are anticipated to commence in the second quarter of 2026.
Wendell Zerb, Chairman and CEO, said the 2025 drill program intersected mineralized porphyry veins throughout all drill holes and reinforced confidence in the strength and scale of the Kendal system. He said the program improved the understanding of the mineralizing processes and structural controls driving the hydrothermal system at Kendal.
Zerb added that mineral tenor suggests that recent drilling remained within the halos of a central porphyry core, indicating the potential to remain close to a higher-grade centre of the system. He said that drilling has tested only a very small portion of the Kendal hydrothermal footprint, and vectoring to depth along the western margins and eastward remains open.
Dr. Craig Hart, Chief Geoscientist, said Kendal Ridge drilling confirms the scale of the mineralized alteration footprint encountered at Kendal, pointing to a robust porphyry system with hydrothermal fluid flow. He said that initial efforts have focused on the best exposed areas within the Kendal Creek drainages; however, new soil geochemistry, geophysical signatures, copper-bearing breccias, and high-grade hypogene chalcocite veining, highlight opportunities within the untested portions of the system.
The Kendal project comprises five mineral claims totalling 2,738 hectares located in west-central British Columbia, approximately 25 km northeast of Terrace. Infrastructure includes highways, hydroelectric power, rail corridors, and port facilities approximately 120 km to the west at Prince Rupert. The main project area has direct logging road access, 8 km east from Highway 16. The project area lies within the traditional territory of the Kitselas First Nation.
Red Canyon recently completed five diamond drill holes totalling 2,548 m, testing the Kendal Ridge zone. Drilling targeted areas combining anomalous copper and molybdenum surface lithogeochemistry, high vein densities, thorium/potassium (Th/K) ratio lows, complex magnetic signatures, and conductive and resistive zones identified by the recent Mobile MT survey.
The drill program tested an area spanning approximately 500 m by 500 m, from three drill locations, all being road/trail accessible from the west and south side of Kendal Creek. All drill holes intersected significant porphyry-style alteration, multi-generational vein sets and highly anomalous copper and molybdenum mineralization.
Assay results confirmed anomalous copper and molybdenum tenor similar to the initial discovery drill program in 2024. Increasing copper mineralization with anomalous gold and silver is strongest in drill holes RCKD-25-007 and RCKD-25-010 and associated with highly altered diorite porphyry in the central portion and eastern flanks of Kendal Ridge. Zones of higher-grade molybdenum are confined to the eastern portion of Kendal Ridge and are interpreted as a separate mineralizing event.
Drill hole RCKD-25-006 intersected the Moly Fork structure which appears to be an important conduit for mineralizing fluids; however, significant post-mineral deformation encountered also is interpreted to have disrupted mineralization. Importantly, DH006 ended in 786 ppm copper, confirming the continuation of the mineralized porphyry system on the eastern side of the Moly Fork structure.
Drill hole RCKD-24-007, drilled west across Kendal Ridge, tested a more conductive zone with a higher overall magnetic response, possibly linked to increased sulphide mineral content in altered volcanic rocks intruded by large porphyry dykes. Parts of DH007 have elevated copper mineralization including a quartz diorite porphyry grading 0.140% CuEq form 263 m to 330 m. While still just highly anomalous, increasing copper values are encouraging. A deeper conductor remains untested on trend from DH007.
DH008 and DH009 drilled across the interpreted strike of the Kendal Ridge mineral system. Both drill holes encountered sections of elevated molybdenum in B-type veins. A subset of these molybdenum-only veins (B2) are interpreted to be a separate mineralizing event from standard B-type veins that carry copper, pyrite, magnetite and molybdenum. Subsets that include elevated B2 veins returned 56 m grading 0.229% CuEq (DH-008) and 74 m grading 0.228% CuEq (DH009).
DH010 drilled west to east tested the central area of Kendal Ridge. Again, while grades remain highly anomalous, copper values increased to depth, suggesting a possible deeper vector in this area at Kendal Ridge. With increasing copper values at depth, both gold and silver values were coincidently increasing.
In the second half of 2025, the Company completed a large-scale soil geochemistry program consisting of 252 samples to target areas with limited or variable rock exposure at Kendal. The distribution of the soil anomalies identifies several new zones, some of which have coincident conductivity features from the MobileMT geophysical survey results, that combine to distinguish new high-priority targets.
Plans for 2026 exploration will target this series of geochemical and geophysical targets identified east of Moly Fork and Kendal Creek. Infill geochemistry, IP geophysics and diamond drilling are anticipated to commence in Q2 2026.
Red Canyon Resources Ltd. (CSE: REDC | OTCQB: REDRF) is a geoscience-driven, discovery-focused mineral exploration company exploring North America’s top copper jurisdictions.
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.
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