Shares of Redstone Resources (ASX:RDS) have exhibited a significant gain, by as much as 50%.

Valued at A$0.012, this surge is indeed the largest intraday gain the company has experienced since November 21, 2022.

The copper mining company announced its entry into a joint venture with Galan Lithium (ASX:GLN), aiming to acquire full ownership of the Taiga, Camaro, and Hellcat Lithium Projects located in the James Bay Lithium Province, Canada.

Redstone Resources (ASX:RDS) and Galan have also procured an option to acquire complete ownership of the PAK East and PAK Southeast Lithium Projects in Ontario.

Indeed, the shares have reached their pinnacle since April 24.

Furthermore, a noteworthy quantity of 44.9 million shares exchanged hands, profoundly surpassing the thirty-day average of 1.7 million shares.

Lastly, the RDS stock has remained stagnant YTD as of its previous closure.

Redstone Resources (ASX:RDS) is a copper mining company.