Red Canyon Upgrades Kendal Porphyry Copper Project Potential
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Red Canyon Upgrades Kendal Porphyry Copper Project Potential
Vancouver, British Columbia, April 16, 2024: Red Canyon Resources Ltd. (CSE: REDC) (the
“Company" or "Red Canyon") is pleased to provide a summary of its 2023 detailed exploration
work on its 100% owned Kendal copper project in west-central British Columbia. The Company
is focused on impactful, value-adding exploration to make discoveries of copper and copper-gold
deposits in established mineral belts in North America.
Company Highlights:
• The Company has completed a detailed lithogeochemical vectoring study and magnetic
inversion modeling on its 100%-owned Kendal copper project in British Columbia. These
studies have significantly enhanced our confidence that Kendal may represent a newly
discovered, never drill-tested, porphyry copper system;
• In late 2023, the Company collected over 200 rock outcrop samples throughout the Kendal
area and u sing four-acid digestion with high -precision trace-element geochemi cal
analyses, the Com pany identified important chemical enrichment and depletion zones
typical of established porphyry models. Equally important, these studies suggest the
erosional level of the porphyry system at Kendal could be directly above and in close
proximity to the modeled zone of copper mineralization;
• The field program also included a project-wide, 213-line-kilometre airborne magnetic and
radiometric survey. Fathom Geophysics conducted modeling of the magnetic data
including a magnetic vector inversion that outlines an interpreted, 2-km-long elliptical zone
of magnetite destruction coincident with the core target area at Kendal;
• Based on the results of these studies, the Company has completed final drill hole targeting
in advance of an anticipated initial drill program as early as fall 2024; and
• The Company controls a portfolio of seven 100%-owned, internally generated copper and
copper–gold projects, four of which are drill ready, including Kendal.
Wendell Zerb, the Chairman and CEO of the Company, states: "Red Canyon has now completed
its advanced pre -drilling exploration targeting at Ke ndal. We believe that the Kendal project
potentially hosts a large, never drill-tested copper porphyry system . Furthermore, our detailed
studies suggest that the current erosional level at Kendal is above the top of the modeled porphyry
copper zone. We look forward to next steps, including diamond drilling to test this priority target.
Finally, the project area is also road accessible, just a short drive from the city of Terrace, British
Columbia, which is 1 20 km due east of developed port facilities at Prince Rupert , a significant
advantage should a copper porphyry system at Kendal be defined”.
Dr. Craig Hart, Chief Geoscientist of the Company, adds: "The lithogeochemical data at Kendal
is impressive. The coincident depletions and enrichments of key major and trace elements all
define a region of significant high -temperature fluid flow, which when compared to our
understanding of copper porphyry systems, suggests that we are above and in close proximity to
the most prospective potassic alteration zone”.
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About the Kendal Project
Kendal comprises five 100%-owned mineral claims totaling 2,738 hectares located in west-central
British Columbia approximately 25 k m northeast of the city of Terrace, a regional infrastructure
hub with a well -serviced airport . Infrastructure is excellent with four intersecting highways,
hydroelectric power and rail corridors and port facilities approximately 120 km to the west at Prince
Rupert. The project has direct road access, only 3.5 km from Highway 16.
Figure 1: Kendal Project location map.
A key focus of the Kendal project is the large 2.5 x 1. 5 km zone of hydrothermal alteration ,
manifested as a phyllic zone associated with an interpreted mineralized porphyry intrusion. The
Company has completed detailed geological interpretation, a lithogeochemistry vectoring study,
magnetic inversion modeling and radiometric studies. These technical studies have significantly
enhanced our confidence that Kendal may represent a newly discovered, never drilled, copper
porphyry system.
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Figure 2: Kendal project topographic orthophoto looking south, with outline of mapped phyllic alteration
(yellow line) and focus area of the Q4/23 trace element rock sampling program (blue line).
Kendal Lithogeochemical Vectoring Study
In the fourth quarter of 2023, the Company initiated a lithogeochemical vectoring study to better
understand the porphyry copper potential within the project area and a pproximately 200
specimens of variably altered and randomly mineralized whole rocks were collected within the
area of interest (Figures 2 and 4).
The sample suite was analysed for trace element lithogeochemistry using four -acid digestion,
which ensure s that key minerals are dissolved . High-quality mass spectrometry is utilized to
ensure high precision at low detection limits. This analytical technique allows for the recognition
of subtle trends in the data that indicate hotter and potentially more proximal fluid sources , or
more simply, the identification of the core of a potential mineralizing system.
The enrichment or depletion of certain key elements provides a model of trace element behavior
that reflects hotter and cooler temperatures within the vertical geochemical plume that develops
above porphyry copper deposits. This enrichment or depletion forms the basis of the porphyry
copper lithogeochemical footprint model of Halley et al. (2015) . Interpretation of Kendal data
suggests that the current level of erosion is potentially in close proximity to the most prospective
potassic alteration zone (Figure 3), suggesting that the top of a copper porphyry system could be
near surface.
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Figure 3: Geochemical data from Kendal indicate s the approximate erosional level to be at the top of the
magmatic-dominant portion (potassic zone) that hosts porphyry copper deposits, when compared to the
Halley et al. (2015) cross -section through the porphyry copper lithogeochemical footprint model. The
erosional level of Kendal is well-constrained by threshold enrichments of Mo, W and Sn, as well as Cu and
depletions of Na, Mn, Sr, As, which are all characteristic of the high temperature parts of the system.
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Figure 4: Examples of K endal project lithogeochemical depletion s (left) and enrichment s (right) showing
3.8 x 1.6 km sample distribution that indicate significant depletions in Na and As and enrichments in K and
Mo typical of high temperature alteration zones. The underlying geology is dominated by mafic volcanic
rocks and related volcaniclastic sediments that are intruded by several small plutonic stocks and porphyry
dykes (pale pink polygons).
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The data collected by Red Canyon clearly suggests the location and distribution of the porphyry
copper target on the Kendal property by a well-defined zone of Cu enrichment (>500 ppm) with
numerous, coincident overlapping zones of geochemical depletion and enrichment (Figure 5) .
The data suggests that the threshold values of several higher -temperature copper-associated
elements (Mo, W, Sn) are within the ranges expected for rocks that are often found at the top of
the potassic alteration zone and immediately above a potential porphyry copper zone. This
suggests a very favourable erosional level at Kendal (Figures 3 and 5). Whereas many porphyry
exploration projects in altered rocks might have to drill very deep holes to potentially locate copper
mineralization, the Kendal lithogeochemical footprint suggests that potential copper
mineralization could be within short drill distance beneath the sampled localities.
Figure 5: Maps showing compiled geochemical distributions of depleted (left) and enriched (right) elements
summarized by ellipses on top of the map showing copper enrichments. The 800 x 500 metre region of Cu
enrichment is overlain by coincident depletions in Na, As, Sr, Li and Mn and enrichments of K, Mo, W and
Sn. Importantly, there is a >700 m sampling gap to the east of the ellipses.
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Figure 6: (left) Kendal Creek, highly-fractured and veined outcrop of intrusive rocks with an early, closely -
spaced generation of parallel fractures and veins, cut by later, larger generation of sulphide-rich veins with
pink weathering, possibly potassium feldspar alteration. (right) Kendal Creek outcrop with multiple
generations of veins with pink alteration halos hosted in a coarse-grained and porphyritic texture intrusion.
For location see Figure 2.
For a comprehensive review of the Porphyry Copper Lithogeochemical Program at Kendal and
associated background model, please visit www.redcanyonresources.com.
Kendal Magnetics and Radiometrics
The 2023 field program also included a project wide 213-line-kilometre airborne magnetic and
radiometric survey. Fathom Geophysics assisted the Company with modelling the magnetic data
including the completion of 3D inversions.
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Figure 7: Magnetic analytic signal image over t he central part of the Kendal project indicates a (> 2 km 2)
hydrothermal alteration footprint defined by a large zone of depressed magnetic response from potential
hydrothermal magnetite destruction within a broader region of gossanous pyrite alteration.
Key geological, geochemical and geophysical features that are typically characteristic of
mineralizing porphyry copper systems all overlap and are centered around a 600 x 600 metre
region of numerous small, altered intrusions and dykes. This core area is surrounded by a nearly
2-km-wide zone of depressed magnetic responses, as seen in aeromagnetic data, outcrop and
hand sample magnetic susceptibility measurements. This magnetic destruction zone (Figure 7)
potentially formed from hot hydrothermal fluids that destroyed the magnetite that was originally
part of the mainly mafic volcanic host rocks.