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Vancouver, British Columbia, August 30, 2024 – TheNewswire –  Red Canyon Resources Ltd. (“Red Canyon” or the “Company”) (CSE: REDC | OTCQB: REDRF) announces that it has granted 2,015,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company.  Each Option is exercisable to purchase one common share of the Company at a price of $0.20 for a five-year term and vests immediately.  The Options are subject to the acceptance of the Canadian Securities Exchange.

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 and aid in the clean energy transition.  Red Canyon has a portfolio of 100% owned 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 .

On Behalf of the Board of Directors

Wendell Zerb, P. Geol

Chairman and Chief Executive Officer

+1 (604) 681-9100

wzerb@redcanyonresources.com

For further information, please contact:

Brennan Zerb

Investor Relations Manager

+1 (778) 867-5016

bzerb@redcanyonresources.com

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