Core Insights - Red Canyon Resources Ltd. has outlined exploration plans for its 100% owned Osiris copper-gold project in British Columbia, focusing on drill testing priority targets and upgrading additional targets in early 2026 [1][2][3] Company Highlights - The Inzana area, hosting the Osiris project, is prioritized for its copper-gold potential due to its geological setting and underexplored nature, with historical drill intercepts indicating promising mineralization [2][3] - The company holds a portfolio of seven 100% owned projects in British Columbia and Nevada, with high-priority projects including Kendal, Inzana (Osiris and Acheron), and Scraper Springs [2] Project Overview - The Osiris project features altered, mineralized porphyry intrusions with potential for multiple copper-gold porphyry centers, located in the Quesnellia island arc terrane [3][7] - A 2,500 m diamond drill program is planned for the Camp target, alongside a 1,500 m reverse circulation drill program for multiple under-cover targets [3][12] - Historical drill hole 91-2 returned 0.18% copper and anomalous gold over 127.4 m, interpreted as peripheral to a copper-gold porphyry system [3][27] Exploration Plans - Expanded work programs in 2025 have solidified exploration plans for early 2026, including selective IP and EM geophysics, RC drilling, and diamond drilling at priority targets [3][13] - New magnetic data indicates multiple magnetic features in the Osiris project area, enhancing the understanding of potential drill targets [11][18] Target Areas - The Camp target is modeled as a highly magnetic body with potential for significant mineralization, and is the top priority for early 2026 drilling [14][22] - The Acheron project at Inzana is characterized by a NW-trending magnetic high, with historic exploration indicating hydrothermally altered and mineralized porphyritic intrusions [35][36] Historical Context - The project area has a history of intermittent work programs over 50 years, including geological mapping, geochemistry, and drilling, which have identified various porphyritic intrusive rocks and anomalous geochemistry [8][37]

Core Viewpoint - Torr Metals is exploring high-quality copper-gold porphyry targets in British Columbia, with geological similarities to the New Afton mine, indicating potential for significant mineral discoveries [1][44][64]. Group 1: New Afton Mine Overview - New Gold's New Afton mine is Canada's only underground block caving operation, located near Kamloops, British Columbia, with commercial production starting in 2012 [3][4]. - The mine's mineral resource estimate as of December 31, 2024, includes 81,643,000 tonnes of ore with grades of 0.51 g/t gold, 1.69 g/t silver, and 0.61% copper, containing approximately 1,352,000 ounces of gold, 4,431,000 ounces of silver, and 1.1 billion pounds of copper [4][5]. Group 2: Torr Metals and Kolos Project - Torr Metals has shifted focus to the Kolos copper-gold project, which covers 332 square kilometers and contains geological features similar to other significant porphyry mines in the region [10][11]. - The Kolos project is strategically located with year-round access and contains historical copper and gold occurrences, with four main porphyry targets identified [13][56]. Group 3: Recent Exploration and Discoveries - In 2023, Torr Metals initiated a field program that included soil and rock sampling, identifying significant geochemical anomalies and new mineralized zones, including the Vik Zone and Sonic Zone [34][36][41]. - The Sonic Zone discovery revealed geological features comparable to the New Afton deposit, suggesting potential for a substantial mineralizing system [44][45]. Group 4: Bertha Property Acquisition - In March 2025, Torr Metals expanded the Kolos project by acquiring the Bertha property, which hosts significant copper and gold occurrences and shares geological similarities with the New Afton deposit [46][48]. - Recent fieldwork at Bertha confirmed high-grade copper mineralization, with rock samples returning up to 16.9% copper, indicating strong potential for further exploration [50][52]. Group 5: Future Exploration Plans - Torr Metals plans to advance drilling programs at the Bertha target and is preparing to evaluate the Sonic Zone, aiming to unlock the project's full potential within British Columbia's copper belt [58][57].