Saturday 22nd October 2016

Resource Clips

Gold Canyon reports Ontario Gold Assays up to 1.03 g/t over 305m

Gold Canyon Resources Inc GCU:CA announced results from Springpole Gold Project in the Red Lake Mining District, Ontario. Assay highlights include 1.03 g/t gold over 305 metres (including 1.35 g/t over 174 metres), 2.44 g/t over 10 metres and 1.7 g/t over 10 metres.

Senior Geologist and Project Manager Alan Roberts said, “We are very encouraged by results from hole SP10-016. To date, drill hole SP10-008 had been the only test of the southeastern portion of the Portage Zone; hole SP10-016 confirms that mineralization is continuous, open at depth and open along strike to the southeast. The fact that the hole ended in mineralization also tells us that we still have a lot of work to do to establish the Portage Zone’s full potential.”

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Investor Relations,

by Ted Niles

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