Gold Canyon Reports on Review of Springpole Gold Project
- Press Release
- Source: Gold Canyon Resources Inc.
- On 9:00 am EST, Thursday November 5, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/05/09) - Gold Canyon Resources Inc. (TSX-V:GCU - News)(PINK SHEETS:GDCRF - News) ("Gold Canyon" or "the Company") is pleased to provide an update of its comprehensive review of its 100% owned Springpole Gold Project located in the Red Lake Mining District of Ontario, Canada. An eight week field program in which numerous drill cores were re-logged, and in many cases re-sampled, was completed on September 30. This work was completed under the lead of Jefferson Chambers, formerly with Newmont Mining Corporation, and Alan Roberts with Alaska Earth Sciences.
The aim of this program was to re-evaluate the geology of this unusual gold system with a focus on developing a better understanding of ore controls and geometry for the purpose of remodelling the deposit and developing new targets. A summary of reinterpreted historic drill results is attached to this news release. Preliminary results of this review program include:
- Confirmation that gold mineralization is associated with an alkaline igneous complex consisting of shallowly emplaced intrusions and associated diatreme breccias. This makes Springpole unique among deposits of the Canadian Shield which are commonly formed through metamorphic processes at deeper levels in the crust. Springpole has more in common with other alkaline gold deposits such as Cripple Creek, Colorado than it does with nearby neighbours such as deposits at Red Lake, Ontario.
- Gold mineralization appears to conform to the margins of the alkaline complex rather than shear structures cutting across it, as previously believed. Several areas along the margins of the complex are now recognized as favourable for hosting mineralization, but have little or no drilling making them desirable future drill targets.
- The Main, Camp and Portage zones are in all likelihood all part of the same 1,200 m long, 300 m wide NW-trending body of mineralization. This zone starts at surface at its NW end and plunges gently SE under Springpole Lake. Although mineralization under the lake was considered uneconomic in the past, present research is considering whether there might be a bulk underground target where wide-spaced historic drilling suggests the presence of a continuous, sub-vertical zone of mineralization with a true width of over 20 m and open at depth. Historic drill intercepts include 115.86 m at 1.53 grams per tonne (gpt) gold (380 ft at 0.045 ounces per ton (opt)) in hole BL-99, 35.64 m at 7.57 gpt gold (116.9 ft at 0.221 opt) in BL-121 and 106.89 m at 2.35 gpt gold (350.6 ft at 0.069 opt) in BL-308.
- Near-surface, bonanza grade mineralization in the East Extension Zone is the most promising candidate for surface mining and needs further evaluation. Drill intercepts including 27.41 m at 14.96 gpt gold (89.9 ft at 0.437 opt) in hole BL-217, 24.55 m at 18.63 gpt gold (80.5 ft at 0.544 opt) in hole BL-228 and 16.40 m at 67.46 gpt gold (53.8 ft at 1.970 opt) in hole BL-319 all lie within a zone of high grade drill intercepts approximately 150 m long and 50 m wide. High grade assays start as shallow as 15 m down hole.
The Company anticipates concluding its Springpole review within four weeks, at which time recommendations will be made for a winter drill program to begin January, 2010. It is anticipated that this drill program will encompass infill drilling within known deposits and testing of new targets, particularly ones that could greatly enhance the overall size potential at Springpole.
In conjunction with the geologic review, the Company has begun studying the feasibility of constructing a road to the property from existing timber roads a few kilometers to the south. It is believed such a road would add value to the property and reduce exploration costs.
In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is the Qualified Person responsible for the accuracy of this news release. Dr. Hennigh is acting as a technical advisor to Gold Canyon.
About Gold Canyon Resources Inc.:
Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.
Through its wholly owned U.S. subsidiary, Gold Canyon Resources USA Inc., the Company controls a 100% interest in the Cordero Gallium Project situated in Humboldt County, Nevada, U.S.A.
Gold Canyon entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC) in January 2009.
Additional information can be found on the Company's website: www.goldcanyon.ca
Akiko Levinson, President & Director
Certain statements contained in this news release using the terms "may", "expects to", "project", "estimate", "plans", and other terms denoting future possibilities, are forward-looking statements in respect to various issues including upcoming events based upon current expectations which involve risks and uncertainties that could cause actual outcomes and results to differ materially. The future conduct of the Company's business and the feasibility of its mineral exploration properties are dependent upon a number of factors and there can be no assurance that the Company will be able to conduct its operations as contemplated and the accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond our ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. The risks include, but are not limited to, the risks described in the above press release; those risks set out in the company's disclosure documents and its annual, quarterly and current reports; the fact that exploration activities seldom result in the discovery of a commercially viable mineral resource and are also significant amounts of capital to undertake and the other risks associated with start-up mineral exploration operations with insufficient liquidity, and no historical profitability. The Company disclaims any obligation to revise any forward looking statements as a result of information received after the fact or regarding future events.
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East Extension Zone - Select Intercepts
Drill From To Interval Gold From To Interval Gold
Hole (m) (m) (m) (gpt) (ft) (ft) (ft) (opt)
-------------------------------------------------------------------------
BL-12 25.92 38.72 12.80 1.85 85.0 127.0 42.0 0.054
49.88 52.13 2.25 61.70 163.6 171.0 7.4 1.802
-------------------------------------------------------------------------
BL-35 3.51 22.13 18.62 1.86 11.5 72.6 61.1 0.054
-------------------------------------------------------------------------
BL-47 16.16 18.91 2.75 10.95 53.0 62.0 9.0 0.320
-------------------------------------------------------------------------
BL-48 5.79 23.48 17.68 2.28 19.0 77.0 58.0 0.066
-------------------------------------------------------------------------
BL-49 65.55 72.87 7.32 4.93 215.0 239.0 24.0 0.144
162.50 166.06 3.56 12.02 533.0 544.7 11.7 0.351
-------------------------------------------------------------------------
BL-87 311.43 320.49 9.06 2.89 1021.5 1051.2 29.7 0.084
397.86 408.84 10.98 2.43 1305.0 1341.0 36.0 0.071
426.22 434.15 7.93 5.23 1398.0 1424.0 26.0 0.153
-------------------------------------------------------------------------
BL-115 99.38 110.98 11.59 2.73 326.0 364.0 38.0 0.080
-------------------------------------------------------------------------
BL-163 7.10 28.05 20.95 4.78 23.3 92.0 68.7 0.140
incl 16.16 28.05 11.89 7.92 53.0 92.0 39.0 0.231
88.20 102.44 14.23 2.07 289.3 336.0 46.7 0.061
-------------------------------------------------------------------------
BL-164 3.05 4.57 1.52 14.09 10.0 15.0 5.0 0.411
-------------------------------------------------------------------------
BL-165 9.45 39.94 30.49 2.92 31.0 131.0 100.0 0.085
incl 17.98 33.23 15.24 4.38 59.0 109.0 50.0 0.128
-------------------------------------------------------------------------
BL-168 72.26 87.50 15.24 1.60 237.0 287.0 50.0 0.047
-------------------------------------------------------------------------
BL-172 18.14 39.63 21.49 10.44 59.5 130.0 70.5 0.305
incl 25.92 29.27 3.35 50.50 85.0 96.0 11.0 1.475
-------------------------------------------------------------------------
BL-199 35.98 42.99 7.01 42.80 118.0 141.0 23.0 1.250
-------------------------------------------------------------------------
BL-201 42.38 45.73 3.35 24.28 139.0 150.0 11.0 0.709
-------------------------------------------------------------------------
BL-202 40.24 68.97 28.73 1.73 132.0 226.2 94.2 0.050
-------------------------------------------------------------------------
BL-204 44.82 53.96 9.14 20.53 147.0 177.0 30.0 0.600
incl 45.73 47.16 1.43 136.58 150.0 154.7 4.7 3.988
-------------------------------------------------------------------------
BL-217 14.66 42.07 27.41 14.96 48.1 138.0 89.9 0.437
incl 14.66 15.24 0.58 46.18 48.1 50.0 1.9 1.349
incl 19.55 22.26 2.71 39.08 64.1 73.0 8.9 1.141
incl 35.06 42.07 7.01 35.37 115.0 138.0 23.0 1.033
-------------------------------------------------------------------------
BL-220 16.25 54.52 38.26 3.54 53.3 178.8 125.5 0.103
incl 16.25 17.38 1.12 54.17 53.3 57.0 3.7 1.582
45.73 47.25 1.52 15.22 150.0 155.0 5.0 0.445
-------------------------------------------------------------------------
BL-221 2.13 17.34 15.21 2.92 7.0 56.9 49.9 0.085
41.77 48.60 6.83 3.80 137.0 159.4 22.4 0.111
-------------------------------------------------------------------------
BL-222 3.66 28.66 25.00 5.85 12.0 94.0 82.0 0.171
incl 17.38 18.76 1.38 73.03 57.0 61.5 4.5 2.132
-------------------------------------------------------------------------
BL-225 3.05 26.22 23.16 2.66 10.0 86.0 76.0 0.078
incl 21.95 26.22 4.26 12.13 72.0 86.0 14.0 0.354
-------------------------------------------------------------------------
BL-227 87.95 92.98 5.03 5.25 288.5 305.0 16.5 0.153
-------------------------------------------------------------------------
BL-228 43.29 67.84 24.55 18.63 142.0 222.5 80.5 0.544
incl 65.25 66.16 0.91 120.99 214.0 217.0 3.0 3.533
-------------------------------------------------------------------------
BL-231 28.66 61.59 32.93 1.01 94.0 202.0 108.0 0.029
-------------------------------------------------------------------------
BL-232 45.43 57.63 12.19 10.46 149.0 189.0 40.0 0.306
-------------------------------------------------------------------------
BL-237 38.14 47.86 9.72 6.02 125.1 157.0 31.9 0.176
incl 38.14 42.07 3.93 13.75 125.1 138.0 12.9 0.402
-------------------------------------------------------------------------
BL-239 3.05 19.52 16.46 2.61 10.0 64.0 54.0 0.076
-------------------------------------------------------------------------
BL-246 25.00 45.12 20.13 2.28 82.0 148.0 66.0 0.067
-------------------------------------------------------------------------
BL-251 69.21 77.13 7.92 4.05 227.0 253.0 26.0 0.118
-------------------------------------------------------------------------
BL-254 19.20 37.20 17.99 2.37 63.0 122.0 59.0 0.069
incl 32.62 37.20 4.58 9.31 107.0 122.0 15.0 0.272
-------------------------------------------------------------------------
BL-255 6.71 28.36 21.65 1.64 22.0 93.0 71.0 0.048
-------------------------------------------------------------------------
BL-256 34.76 53.96 19.20 8.18 114.0 177.0 63.0 0.239
incl 34.76 37.35 2.59 53.23 114.0 122.5 8.5 1.554
-------------------------------------------------------------------------
BL-291 18.63 23.48 4.85 11.66 61.1 77.0 15.9 0.340
incl 19.52 20.42 0.91 58.58 64.0 67.0 3.0 1.711
31.98 45.67 13.69 4.55 104.9 149.8 44.9 0.133
-------------------------------------------------------------------------
BL-292 20.63 40.67 20.04 10.28 67.7 133.4 65.7 0.300
incl 37.62 39.24 1.62 49.99 123.4 128.7 5.3 1.460
-------------------------------------------------------------------------
BL-293 113.42 114.94 1.52 16.36 372.0 377.0 5.0 0.478
-------------------------------------------------------------------------
BL-295 81.40 84.66 3.26 9.34 267.0 277.7 10.7 0.273
106.25 109.76 3.51 12.68 348.5 360.0 11.5 0.370
-------------------------------------------------------------------------
BL-296 53.72 103.54 49.81 3.87 176.2 339.6 163.4 0.113
incl 59.40 59.84 0.45 102.00 194.8 196.3 1.5 2.978
incl 63.91 65.37 1.46 47.85 209.6 214.4 4.8 1.397
incl 85.97 87.50 1.53 32.16 282.0 287.0 5.0 0.939
-------------------------------------------------------------------------
BL-315 103.05 112.20 9.15 7.43 338.0 368.0 30.0 0.217
incl 104.91 105.09 0.18 163.99 344.1 344.7 0.6 4.788
incl 108.84 112.20 3.36 9.27 357.0 368.0 11.0 0.271
-------------------------------------------------------------------------
BL-319 18.45 34.85 16.40 67.46 60.5 114.3 53.8 1.970
incl 26.07 32.04 5.97 182.77 85.5 105.1 19.6 5.337
-------------------------------------------------------------------------
BL-320 29.58 36.28 6.70 4.49 97.0 119.0 22.0 0.131
-------------------------------------------------------------------------
BL-326 19.20 25.40 6.19 4.68 63.0 83.3 20.3 0.137
-------------------------------------------------------------------------
BL-327 19.91 40.27 20.37 6.09 65.3 132.1 66.8 0.178
incl 38.05 40.27 2.22 37.66 124.8 132.1 7.3 1.100
-------------------------------------------------------------------------
BL-328 8.99 54.02 45.03 3.25 29.5 177.2 147.7 0.095
incl 41.34 49.69 8.35 8.61 135.6 163.0 27.4 0.251
-------------------------------------------------------------------------
BL-340 25.46 39.97 14.51 15.54 83.5 131.1 47.6 0.454
incl 35.34 39.97 4.63 43.64 115.9 131.1 15.2 1.274
-------------------------------------------------------------------------
BL-343 25.70 56.13 30.43 4.33 84.3 184.1 99.8 0.126
incl 25.70 29.64 3.94 27.38 84.3 97.2 12.9 0.800
-------------------------------------------------------------------------
BL-344 18.02 20.55 2.53 18.25 59.1 67.4 8.3 0.533
-------------------------------------------------------------------------
BL-345 70.79 79.79 9.00 5.00 232.2 261.7 29.5 0.146
-------------------------------------------------------------------------
BL-352 10.33 15.18 4.85 11.71 33.9 49.8 15.9 0.342
-------------------------------------------------------------------------
Main Zone - Select Intercepts
Drill From To Interval Gold From To Interval Gold
Hole (m) (m) (m) (gpt) (ft) (ft) (ft) (opt)
-------------------------------------------------------------------------
BL-1 43.90 53.96 10.06 4.57 144.0 177.0 33.0 0.134
-------------------------------------------------------------------------
BL-3 4.27 55.48 51.21 2.14 14.0 182.0 168.0 0.063
incl 45.12 50.00 4.88 14.87 148.0 164.0 16.0 0.434
-------------------------------------------------------------------------
BL-7 50.61 68.90 18.28 1.57 166.0 226.0 60.0 0.046
-------------------------------------------------------------------------
BL-8 10.06 10.67 0.61 45.26 33.0 35.0 2.0 1.322
58.84 85.36 26.52 0.92 193.0 280.0 87.0 0.027
179.88 185.06 5.18 8.45 590.0 607.0 17.0 0.247
-------------------------------------------------------------------------
BL-9 25.00 37.20 12.20 4.23 82.0 122.0 40.0 0.123
incl 28.87 34.76 5.89 7.18 94.7 114.0 19.3 0.210
77.59 81.10 3.51 14.42 254.5 266.0 11.5 0.421
-------------------------------------------------------------------------
BL-11 214.63 224.09 9.45 6.53 704.0 735.0 31.0 0.191
295.42 317.38 21.96 1.75 969.0 1041.0 72.0 0.051
-------------------------------------------------------------------------
BL-23 77.65 87.50 9.85 9.60 254.7 287.0 32.3 0.280
incl 86.89 87.50 0.61 109.37 285.0 287.0 2.0 3.194
114.63 117.99 3.36 17.70 376.0 387.0 11.0 0.517
148.78 176.83 28.05 1.67 488.0 580.0 92.0 0.049
-------------------------------------------------------------------------
BL-25 200.97 233.54 32.57 1.66 659.2 766.0 106.8 0.048
-------------------------------------------------------------------------
BL-68 150.15 284.36 134.21 1.41 492.5 932.7 440.2 0.041
incl 150.15 181.16 31.01 1.88 492.5 594.2 101.7 0.055
incl 217.98 243.90 25.92 2.30 715.0 800.0 85.0 0.067
-------------------------------------------------------------------------
BL-77 71.80 74.60 2.80 9.00 235.5 244.7 9.2 0.263
-------------------------------------------------------------------------
BL-96 39.63 58.71 19.08 2.89 130.0 192.6 62.6 0.084
incl 53.56 58.72 5.15 8.49 175.7 192.6 16.9 0.248
-------------------------------------------------------------------------
BL-98 39.94 73.48 33.54 1.16 131.0 241.0 110.0 0.034
-------------------------------------------------------------------------
BL-102 42.38 49.08 6.70 11.60 139.0 161.0 22.0 0.339
-------------------------------------------------------------------------
BL-157 60.68 62.20 1.52 206.74 199.0 204.0 5.0 6.037
-------------------------------------------------------------------------
BL-158 23.16 26.22 3.05 8.20 76.0 86.0 10.0 0.239
-------------------------------------------------------------------------
BL-160 16.46 26.53 10.06 16.19 54.0 87.0 33.0 0.473
-------------------------------------------------------------------------
BL-161 4.48 25.61 21.13 3.61 14.7 84.0 69.3 0.105
-------------------------------------------------------------------------
BL-189 48.17 56.09 7.92 5.12 158.0 184.0 26.0 0.150
134.45 143.88 9.42 2.58 441.0 471.9 30.9 0.075
-------------------------------------------------------------------------
BL-190 110.06 111.28 1.22 15.70 361.0 365.0 4.0 0.459
-------------------------------------------------------------------------
BL-209 455.48 456.34 0.85 182.06 1494.0 1496.8 2.8 5.316
-------------------------------------------------------------------------
BL-264 5.18 45.73 40.55 4.56 17.0 150.0 133.0 0.133
incl 5.18 13.72 8.54 7.04 17.0 45.0 28.0 0.206
incl 34.39 42.56 8.17 8.96 112.8 139.6 26.8 0.262
-------------------------------------------------------------------------
BL-280 15.85 23.14 7.28 4.59 52.0 75.9 23.9 0.134
-------------------------------------------------------------------------
BL-282D 29.55 34.15 4.60 4.26 96.9 112.0 15.1 0.124
95.70 97.41 1.70 17.84 313.9 319.5 5.6 0.521
-------------------------------------------------------------------------
BL-288 7.47 8.23 0.76 43.23 24.5 27.0 2.5 1.262
-------------------------------------------------------------------------
BL-290 63.57 64.88 1.31 11.27 208.5 212.8 4.3 0.329
-------------------------------------------------------------------------
BL-299 100.24 103.05 2.80 21.57 328.8 338.0 9.2 0.630
-------------------------------------------------------------------------
BL-300 45.73 49.69 3.96 4.01 150.0 163.0 13.0 0.117
-------------------------------------------------------------------------
BL-302 27.44 31.53 4.09 3.73 90.0 103.4 13.4 0.109
-------------------------------------------------------------------------
BL-303 7.77 10.36 2.59 16.79 25.5 34.0 8.5 0.490
44.82 63.94 19.12 5.00 147.0 209.7 62.7 0.146
incl 59.17 63.72 4.54 22.26 194.1 209.0 14.9 0.650
-------------------------------------------------------------------------
BL-304D 13.01 28.42 15.41 3.33 42.7 93.2 50.5 0.097
47.86 52.22 4.36 9.15 157.0 171.3 14.3 0.267
102.14 104.58 2.44 5.52 335.0 343.0 8.0 0.161
incl 104.27 104.58 0.31 52.49 342.0 343.0 1.0 1.533
-------------------------------------------------------------------------
BL-305 67.56 68.90 1.34 23.87 221.6 226.0 4.4 0.697
-------------------------------------------------------------------------
BL-306 23.88 63.85 39.97 1.01 78.3 209.4 131.1 0.030
incl 33.84 38.29 4.45 4.76 111.0 125.6 14.6 0.139
-------------------------------------------------------------------------
BL-307 16.31 49.78 33.47 1.21 53.5 163.3 109.8 0.035
-------------------------------------------------------------------------
BL-354 27.87 32.53 4.66 3.72 91.4 106.7 15.3 0.109
85.03 85.79 0.76 30.31 278.9 281.4 2.5 0.885
-------------------------------------------------------------------------
BL-355 53.05 60.37 7.31 16.31 174.0 198.0 24.0 0.476
113.32 123.02 9.70 2.18 371.7 403.5 31.8 0.064
-------------------------------------------------------------------------
BL-356 36.89 40.91 4.02 31.67 121.0 134.2 13.2 0.925
incl 39.94 40.91 0.97 127.13 131.0 134.2 3.2 3.712
58.74 61.16 2.41 6.64 192.7 200.6 7.9 0.194
-------------------------------------------------------------------------
BL-383 42.01 47.27 5.26 9.79 137.8 155.1 17.3 0.286
-------------------------------------------------------------------------
Portage & Camp Zones - Select Intercepts
Drill From To Interval Gold From To Interval Gold
Hole (m) (m) (m) (gpt) (ft) (ft) (ft) (opt)
-------------------------------------------------------------------------
91-01 100.43 118.44 18.01 3.72 329.4 388.5 59.1 0.109
-------------------------------------------------------------------------
91-03 135.61 141.30 5.69 3.43 444.8 463.5 18.7 0.100
-------------------------------------------------------------------------
91-04 123.78 125.30 1.52 9.99 406.0 411.0 5.0 0.292
194.66 204.88 10.22 7.11 638.5 672.0 33.5 0.207
-------------------------------------------------------------------------
91-05 114.63 119.05 4.42 4.50 376.0 390.5 14.5 0.131
178.05 184.06 6.01 9.98 584.0 603.7 19.7 0.291
-------------------------------------------------------------------------
91-06 175.45 191.80 16.34 5.58 575.5 629.1 53.6 0.163
-------------------------------------------------------------------------
BL-26 33.84 46.64 12.80 1.10 111.0 153.0 42.0 0.032
93.29 154.27 60.98 2.29 306.0 506.0 200.0 0.067
-------------------------------------------------------------------------
BL-33 258.94 274.69 15.75 1.22 849.3 901.0 51.7 0.036
323.47 325.61 2.14 129.49 1061.0 1068.0 7.0 3.781
-------------------------------------------------------------------------
BL-41 110.37 134.63 24.27 2.70 362.0 441.6 79.6 0.079
164.63 282.92 118.29 1.64 540.0 928.0 388.0 0.048
incl 233.84 263.11 29.27 2.92 767.0 863.0 96.0 0.085
incl 235.67 242.99 7.32 5.15 773.0 797.0 24.0 0.150
-------------------------------------------------------------------------
BL-42 101.52 127.44 25.92 1.05 333.0 418.0 85.0 0.031
-------------------------------------------------------------------------
BL-67 196.95 218.30 21.34 2.11 646.0 716.0 70.0 0.061
-------------------------------------------------------------------------
BL-69 216.77 219.82 3.05 21.07 711.0 721.0 10.0 0.615
-------------------------------------------------------------------------
BL-79 248.78 253.35 4.57 6.09 816.0 831.0 15.0 0.178
-------------------------------------------------------------------------
BL-80 448.47 460.67 12.20 2.52 1471.0 1511.0 40.0 0.074
-------------------------------------------------------------------------
BL-85 344.59 380.80 36.21 1.40 1130.3 1249.0 118.8 0.041
-------------------------------------------------------------------------
BL-88 4.36 30.79 26.43 0.97 14.3 101.0 86.7 0.028
297.52 350.91 53.38 1.97 975.9 1151.0 175.1 0.057
-------------------------------------------------------------------------
BL-90 65.86 76.04 10.18 3.92 216.0 249.4 33.4 0.114
-------------------------------------------------------------------------
BL-93 169.20 178.66 9.45 2.25 555.0 586.0 31.0 0.066
276.22 303.66 27.44 0.86 906.0 996.0 90.0 0.025
-------------------------------------------------------------------------
BL-94 232.01 236.58 4.57 6.17 761.0 776.0 15.0 0.180
264.03 271.65 7.62 2.09 866.0 891.0 25.0 0.061
-------------------------------------------------------------------------
BL-95 396.04 417.11 21.07 1.66 1299.0 1368.1 69.1 0.048
445.11 464.12 19.01 1.78 1460.0 1522.3 62.3 0.052
-------------------------------------------------------------------------
BL-99 3.05 6.40 3.35 6.00 10.0 21.0 11.0 0.175
198.47 314.33 115.86 1.53 651.0 1031.0 380.0 0.045
-------------------------------------------------------------------------
BL-100 158.23 178.66 20.43 3.53 519.0 586.0 67.0 0.103
-------------------------------------------------------------------------
BL-121 104.91 140.55 35.64 7.57 344.1 461.0 116.9 0.221
-------------------------------------------------------------------------
BL-122 163.41 241.16 77.75 1.57 536.0 791.0 255.0 0.046
incl 166.77 177.13 10.36 6.70 547.0 581.0 34.0 0.195
-------------------------------------------------------------------------
BL-125 110.13 117.53 7.40 2.41 361.2 385.5 24.3 0.070
150.74 158.74 8.00 5.68 494.4 520.7 26.2 0.166
174.54 180.05 5.50 3.65 572.5 590.6 18.1 0.106
-------------------------------------------------------------------------
BL-126 89.02 94.92 5.90 3.36 292.0 311.4 19.4 0.098
104.33 120.13 15.80 2.60 342.2 394.0 51.8 0.076
-------------------------------------------------------------------------
BL-127 123.53 131.73 8.20 7.07 405.2 432.1 26.9 0.206
-------------------------------------------------------------------------
BL-128 84.52 92.32 7.80 1.23 277.2 302.8 25.6 0.036
174.04 211.65 37.61 2.13 570.9 694.2 123.4 0.062
-------------------------------------------------------------------------
BL-129 139.04 185.05 46.01 1.57 456.0 607.0 150.9 0.046
-------------------------------------------------------------------------
BL-130 193.55 197.65 4.10 4.24 634.8 648.3 13.4 0.124
277.87 286.87 9.00 2.83 911.4 940.9 29.5 0.083
-------------------------------------------------------------------------
BL-131 91.32 238.26 146.94 1.09 299.5 781.5 482.0 0.032
incl 199.05 214.05 15.00 2.06 652.9 702.1 49.2 0.060
-------------------------------------------------------------------------
BL-132 234.66 258.97 24.31 2.06 769.7 849.4 79.7 0.060
-------------------------------------------------------------------------
BL-308 33.78 38.93 5.15 3.45 110.8 127.7 16.9 0.101
77.47 79.63 2.16 4.21 254.1 261.2 7.1 0.123
154.76 179.27 24.51 1.29 507.6 588.0 80.4 0.038
214.45 321.34 106.89 2.35 703.4 1054.0 350.6 0.069
incl 225.06 241.49 16.43 5.81 738.2 792.1 53.9 0.170
398.78 399.54 0.76 18.51 1308.0 1310.5 2.5 0.541
-------------------------------------------------------------------------
BL-310 29.06 29.58 0.52 25.71 95.3 97.0 1.7 0.751
98.08 118.54 20.46 1.77 321.7 388.8 67.1 0.052
136.62 151.53 14.91 2.91 448.1 497.0 48.9 0.085
-------------------------------------------------------------------------
BL-311 133.23 145.43 12.19 2.48 437.0 477.0 40.0 0.072
incl 134.75 137.49 2.74 6.91 442.0 451.0 9.0 0.202
220.13 236.89 16.77 1.13 722.0 777.0 55.0 0.033
-------------------------------------------------------------------------
BL-312 36.89 66.16 29.27 1.43 121.0 217.0 96.0 0.042
-------------------------------------------------------------------------
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contact:
Contacts:
Gold Canyon Resources Inc.
Akiko Levinson
President & Director
(604) 682-3234 or Toll free: 1 (888) 242-3234
(604) 682-0537 (FAX)
info@goldcanyon.ca
www.goldcanyon.ca
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