Red Canyon Resources
Promotional Strapline: Focused on Discovery | Exploring North America's Top Copper Districts
Primary Ticker: CSE:REDC, OTCQB:REDRF, FSE:I9I
Stage of Development: Exploration
Primary Minerals: Copper, Gold
Country / Region: North America, British Columbia, Canada
Market Cap 14M
Project Locations: British Columbia, Canada & Nevada, United States
Red Canyon Resources is focused on the discovery of Tier-1 scale copper and copper-gold deposits in North America’s top copper districts. Actively advancing a large portfolio of seven 100%-owned projects. With a recent strategic investment from Teck Resources, the company is well-funded and is set to drill three projects this year; Including a follow-up drill program on its flagship Kendal project, a recently identified large copper-moly-gold-silver porphyry system. Red Canyon is part of the NewQuest Capital Group of Companies a discovery-driven investment group that incubates and finances early-stage mineral exploration projects globally. NewQuest’s portfolio of companies, operate in mining-friendly jurisdictions, majority of which have strategic partnerships with majors including Newmont, OceanaGold, AngloGold Ashanti, Centerra and Teck.
Management Profile:
Wendell Zerb - President & CEO Geologist with over 30 years of experience in capital markets, mining, and mineral exploration/development. Currently, President & CEO of Red Canyon Resources. Chairman of Inflection Resources, Founding Partner of NewQuest Capital Previous senior capital market roles with Canaccord & PI Financial. Former CEO of Exeter Resource Corp (sold to Goldcorp/Newmont).
What are your key goals for the next 3, 6 and 12 months?
3 Months
Commence and complete 4,000-meter drill program at Red Canyon's 100% owned Inzana copper-gold project. Commence follow-up drill program at Red Canyon's 100% owned Flagship Kendal copper-moly-gold-silver project - target high-grade part of the system.
6 Months
12 Months
What do you think makes your company such a compelling investment?
1) World-class team of Geologists with a history of discovery and development success2) Large portfolio of seven 100% owned projects, with multiple drill programs planned for 2026
3) Very tight share structure with ~30% of the company owned by management, strong institutional ownership and a 9.9% strategic investment from Teck Resources
4) Focused on Tier-1 discoveries in North America's top copper districts.
