Mobile MT Geophysical Survey Outlines Expanded Potential at Red Canyon’s Kendal Copper Project
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Mobile MT Geophysical Survey Outlines Expanded Potential at
Red Canyon’s Kendal Copper Project
Vancouver, British Columbia, August 20, 2025: Red Canyon Resources Ltd. (“Red Canyon”
or the “Company”) (CSE: REDC | OTCQB: REDRF), is pleased to announce that final processing
has been completed and inversion models have been received from Expert Geophysics Surveys
Inc. related to a 258 line-kilometre mobile magnetotelluric ( “Mobile MT ”) heliborne survey
completed in July 2025. This survey covered the entirety of Red Canyon's Kendal property located
in west-central British Columbia. The Company is focused on impactful, value-added exploration
to discover copper and copper-gold deposits in established mineral belts in North America.
Company Highlights:
• Mobile MT is a leading geophysical technology, which aids in the identification of geologic
features, structures, alteration halos and contrasting lithologies in the subsurface. In
addition, potential mineralization from near -surface to deeper than one kilometre from
surface can often be inferred based on specific electromagnetic (EM) geophysical
signatures.
• Final processing and inversion modelling on the recently completed Mobile MT survey at
Kendal identified a 4 km by 3 km, SW to NE trending series of elevated conductive rocks.
Modelling by the Company shows multiple areas of elevated conductivity correspond with
known areas of alteration and mineralization at Kendal.
• Comparative studies of EM geophysical results over calc -alkaline porphyry copper
deposits in BC and others worldwide often show associated conductive and resistive
zones like those identified at Kendal.
• Vectoring studies to identify the core areas of the Kendal porphyry system have been a
priority for Red Canyon. Expanded field studies including detailed vein density/alteration
mapping, lithogeochemistry, in addition to the Mobile MT geophysics, are being finalized
prior to planned drilling this fall.
Wendell Zerb, the Chairman and CEO of the Company, commented: "New Mobile MT results at
Kendal suggest that the copper porphyry system is of larger scale than we previously mapped or
modeled. Areas with elevated conductivity correspond well with know n areas of
pyrite/chalcopyrite mineral ization and additional areas of elevated conductivity with adjacent
resistivity highs are of particular interest. The expanded size potential outlined by the Mobile MT
geophysics makes Kendal comparable in scope to some of the larger scale porphyry copper
systems globally and we believe Kendal could host multiple porphyry centres. Our fall drilling will
focus on the most advanced target at Kendal Ridge, which we believe corresponds with one of
these high potential porphyry centres."
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Kendal Project
Kendal c omprises eight 100%-owned mineral claims tota lling 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 logging road access, 8 km east from Highway
16. The project area lies within the traditional territory of the Kitselas First Nation.
Figure 1: Kendal project location map with Red Canyon claims and approximate outline of Mobile MT
survey.
In the fourth quarter of 2024, a first ever five-hole drill program at the Company’s Kendal project
confirmed the discovery of a new porphyry copper system. All drill holes intersected significant
porphyry-style alteration, multi -generational vein sets and highly anomalous copper and
molybdenum mineralization (see news release dated January 13th, 2025). To prepare for 2025
drilling, t he Company has completed vectoring studies including alteration and vein density
mapping, new lithogeochemical sampling and project wide Mobile MT geophysics.
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Mobile MT - Expert Geophysics Surveys Inc.
Expert Geophysics Surveys Inc (“Expert”) completed 258 line-kilometres of Mobile MT on NNW
to SSE lines , at 200 metre spacing, spanning the entire Kendal project area (Figure 1) in July
2025.
The final data processing, colour imaging and mapping have been completed. Red Canyon has
reviewed the data and interpreted results with Expert and with independent 3rd party geophysicists
and geoscientists familiar with this type of survey.
Final survey results defined through processing and inversion modelling , identified a 4 km by 3
km, SW to NE trending series of conductors and resistors at Kendal. Importantly, modelling
suggests multiple conductive zones correspond with know n areas of alteration/mineralizatio n.
New areas with similar conductive signatures suggest the Kendal mineral footprint has
significantly expanded.
Figure 2: Resistivity slice at 250masl. Kendal project interpreted footprint of Kendal hydrothermal system
defined by an extensive zone of relative conductivity (MMT resistivity low)
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Figure 3: Expert TMI Magnetics
Figure 4: MT Inversion modeled resistivity cross section 1220 looking northeast
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The 2024 diamond drill ing program at Kendal encountered an extensive mineralized alteration
footprint indicating a porphyry system with a massive amount of associated 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 Mobile MT further establishes confidence regarding the scale of the
hydrothermal system at Kendal and its potential to host multiple higher-grade mineralized centres.
Furthermore, work-to-date, provides strong evidence that areas of the Kendal system are eroded
to the level of the primary potassic alteration zone of the porphyry system. This suggests vectoring
to higher grade centres is likely lateral versus significantly at depth from areas previously drill
tested. Mobile MT sections including Line 1220 (Figure 4) show areas of elevated conductivity
and resistivity at, or relatively close to surface.
Figure 5: Kendal 2025 rock sampl e locations with highlighted Kendal Ridge area and additional priority
target areas.
In Q2 of 2025, Red Canyon completed an expanded rock sampling program, collecting 231
samples. Work within the Kendal Ridge area (Figures 2, 3, 4, 5) outlined the strongest reported
porphyry-style veining and mineralogy at Kendal to-date. The Kendal Ridge area is the focus for
the planned 2025 drill program.
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Figure 6: MT Inversion modeled resistivity cross section 1400 looking northeast
Mobile MT has outlined new areas of interest to the NE within the project area (Figures 2, 3 and
6). Section 1400 shows a continuous trend of elevated conductivity similar in scope to other known
areas of interest. In addition, airborne magnetics show a series of complex magn etic highs and
lows coincident with new EM signatures. Outcrop exposure and thus geochemical sampling in
this area is limited although historic stream sediment samples in drainages cutting the area have
elevated geochemistry with values up to 465 ppm copper. Red Canyon plans to conduct additional
geochemical sampling in the area later this year.
Comparable MT signatures for other copper porphyry mineral systems
Copper porphyry systems typically convey a wide range of EM related signatures depending upon
the many variables that define any particular mineral system. For instance, porphyry systems with
intact lithocaps versus systems with exposed mineral cores can manifest either elevated
conductive or resistive EM anomalies. A summary stud y outlined in Figure 7 concluded BC
porphyry copper deposits have a variety of signatures: most calc-alkaline systems (like Kendal)
are associated with conductors given that these mineral systems typically have large associated
pyritic or phyllic alteration zones. Within these systems the po tassic core often manifests as a
resistive target.
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Figure 7: BC copper porphyry EM signatures Conductor or Resistor2.
Figures 8 and 9 show examples of porphyry copper systems respectively associated with rocks
that yield Mobile MT conductors and resistors.
Figure 8: Mobile MT signature over Panantza and San Carlos copper porphyry deposits in Ecuador3. Both
deposits are associated with an elevated conductive signature.
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Figure 9: ZTEM test survey Mount Milligan copper deposit 4. Mineralized porphyry associated with an
elevated resistive signature.
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% owned 1 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.
2’ A Review of the Electromagnetic Response from Porphyry Deposits Within the Canadian Cordillera.
Brendan Howe, Teck Resources. November 17, 2024, MDRU EM for Geologists.
3’ Detecting and recovering porphyry and epithermal mineralization systems with broadband natural field
airborne EM – Mobile MT. Alexander Prikhodko.
4’ ZTEM Tipper AFMAG results over Mt. Milligan Copper-Gold Porphyry Deposit – Geotech