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Gold Canyon Intercepts 24 Meters at 17.48 Grams Per Tonne Gold at Springpole Gold Project
Fresh Releases - October 17, 2012
ATAC Resources V.ATC | Gold Canyon Resources | V.GCU Minera IRL Ltd T.IRL
Kevin Michael Grace
Minera reports EIA Approval for Argentina Gold Project
ATAC reports Yukon Gold Assays up to 10.54 g/t over 14.9m
Gold Canyon reports Ontario Assays up to 3.67 g/t Gold, 1.13 g/t Platinum, 2.93 g/t Palladium over 33.9m
Read the full press release summary here. http://resourceswire.com/2012/10/fresh-releases-7/
POSSIBLE PURCHASE Hi Picassa are you a shareholder as I am looking for a junior and wonder do you like GCU especially at $1.49?
Gold Canyon Intersects 330 Meters at 1.58 Grams Per Tonne Gold Including 48 Meters at 4.15 Grams Per Tonne Gold-Barge Drill Program Begins
Gold Canyon Intersects 188 Meters at 1.93 Grams Per Tonne Gold and 3 Meters at 41.37 Grams Per Tonne Gold at its Springpole Gold Project
Gold Canyon Intersects 127.5 Meters at 3.51 Grams per Tonne Gold Including 50 Meters at 7.73 Grams per Tonne Gold at its Springpole Gold Project
Gold Canyon Intersects 283 Meters at 1.83 Grams per Tonne Gold and 121 Meters at 2.03 Grams per Tonne Gold at its Springpole Gold Project
Gold Canyon Resources has intersected 310 meters at 1.87 grams per tonne gold (1,017 feet at 0.055 oz per ton gold) including 129 meters at 3.30 grams per tonne gold (423 feet at 0.096 oz per ton gold) demonstrating excellent continuity within the higher-grade core of the Portage Zone. The Company's highly successful barge drilling program has come to a close for the season. Since July, nearly 13,500 meters have been drilled at Springpole, over 10% more meters than planned.
The Gold Report Interview with Marshall Auerback (10/19/11) "We are big believers in Gold Canyon Resources Inc.'s deposit. The initial resource should be out by the end of this year and is promising to be several million ounces with grades exceeding most other bulk tonnage deposits in Canada. Looking at the dimensions of the deposit, specifically the new extension to the southeast, the potential here continues to grow far beyond what the company's initial resource will give it credit for. "
Diamond drill intersected 369 meters at 0.91 grams per
tonne gold
Gold Canyon Intercepts 286 Meters at 1.03 Grams Per Tonne Gold Confirming Northeast Dip of Portage Zone at Springpole Gold Project
Gold Canyon Intercepts 24 Meters at 17.48 Grams Per Tonne Gold at Springpole Gold Project
May 31, 2011
Gold Canyon Intercepts 292.5 Meters at 1.13 Grams Per Tonne Gold at Springpole Gold Project - Stakes Additional 10,000 Acres
Mar 15, 2011
Gold Canyon Discovers Shallow High-Grade At Springpole Gold Project: Hole SP11-040 Intersects 100.5 Meters At 7.23 Grams Per Tonne Gold
Aug 30, 2010
Gold Canyon Intersects Multiple Long Intersections of Mineralization Including 94 Meters At 2.51 Grams Per Tonne Gold at its Springpole Gold Project
Aug 16, 2010
Gold Canyon Intersects 217 Meters At 1.57 Grams Per Tonne Gold At Springpole Gold Project
Gold Canyon Announces Appointment of Sustainable Development Consultant
Date : 01/20/2011 @ 8:30AM
Source : MarketWire
Gold Canyon Announces Appointment of Sustainable Development Consultant
Gold Canyon Resources Inc. (TSX VENTURE: GCU)(PINK SHEETS: GDCRF) ("Gold Canyon" or "the Company") is pleased to announce the appointment of Mr. Gilbert M. (Bud) Dickson as Senior Consultant for Sustainable Development of Gold Canyon Resources, effective immediately.
Mr. Dickson has over 30 years of community relations experience, which most recently includes Aboriginal, Community and Logistics Relations with Brett Resources Inc. (acquired in August 2010 by Osisko Mining Corporation).
Mr. Dickson, a former school teacher, tourist operator, and current municipal councillor, is a long-standing citizen, valued representative and solid-supporter of northwestern Ontario, including Atikokan where he was born and raised. He sits on a host of volunteer boards locally, regionally, and provincially.
The Company will benefit from Mr. Dickson's immense community relations experience.
Upon his appointment, Mr. Dickson stated, "I am very pleased to join the Gold Canyon team, and I look forward to working with the staff, management, and surrounding communities as we advance the Springpole Gold Project."
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.
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.
Contacts:
Gold Canyon Resources Inc.
Tel: (604) 682-3234 or Toll free: 1 (888) 242-3234
(604) 682-0537 (FAX)
info@goldcanyon.ca
www.goldcanyon.ca
Gold Canyon Resources Inc.
Leo Karabelas
Investor Relations
(416) 543-3120
leo@frontlineir.com
Undiscovered 10 bagger~
OK I likey.
Can we expect more?
i'm moderating a new board today plaese bookmark it ( and also GCU if u forgot ) Please a TYPO why im CHUCKaaaa
http://www.investorshub.com/boards/board.asp?board_id=8177
Hi folks..been near a year...GCU just tooka recent 30% price jump...watch it...Buy it and await the DRILL PROGRAM COMPLETION.
GOLD PLAY NOW... a big one. VERY BIG IGGER is hoped fopr.
Not just 30% I am in for 300% Yes $25 CN is possible in another year wait. IMHO. If they strike gold.
Chucka
Raging Bull DD Posts at GCU.v
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The Gold Report Interview with Mike Starogiannis (6/6/11) "Gold Canyon Resources is one of our top picks in the exploration space. Its flagship asset is the Springpole Gold project, an alkaline gold deposit about 100 km. from Red Lake. The company's had quite a bit of success over the past 18 months delineating a zone of mineralization that's about 1,300 meters long, at an average of 75m wide by 300m-350m deep. The grade is particularly interesting. For a bulk deposit, the grade seems to be averaging 1.3-1.4 grams per ton (g/t). If you compare that to some of Canada's better-known bulk mineable deposits. . .the Springpole zone appears to have 30%-40% higher grades. . .Based on our in-house estimates, we think there's the potential to demonstrate 5-6 Moz. at Springpole. . .However, grade is a very telling factor in the potential economics of any deposit. There is also still some significant depth and strike potential.
. . .Gold Canyon put out its final few holes from the winter program on May 31, with some good infill results. The company showed grades and widths very consistent with our 5-6 Moz. estimate. There will be a bit of a news hiatus as we await results from its deep-drilling program, which is designed to show some depth potential. Gold Canyon won't start its summer program until mid-June. We wouldn't expect to see new step-out or infill drilling until early to mid-July." More >
Andrew Mikitchook, GMP Securities (6/2/11) "We maintain our BUY rating for Gold Canyon Resources and are raising our target to $4.75 from $3.90, based on an increase of our target mineralization to 5.5 Moz. from 4.4 Moz. at a valuation of $100/oz. The mineralization increase is based on our revision to the estimated strike of the mineralized zone, which increased to 1,200m from 950m, previously."
Vishal Gupta, Dundee Securities (5/31/11) "Gold Canyon Assays Continue Trend of Large Widths and Decent Grades: This morning, GCU reported assay results for the final four holes from this year's winter drilling program at its flagship Springpole gold project; highlight results included 292.5m intersection grading 1.13 g/t gold, including 198.5m intersection grading 1.42 g/t and 220.5m intersection grading 0.84 g/t gold, including 73.5m intersection grading 1.32 g/t. Gold Canyon Resources is on our Mineral Exploration Watch List. . .in our view, the mineralization encountered through drilling in 2010 and 2011 has shown remarkable consistency (typically averaging over 100m in intercepted widths and roughly 0.8-1.5 g/t gold in grades). . .if further drilling is able to establish continuity of the higher-grade mineralization, the company can expect to add a lot of ounces very quickly to its upcoming revised resource estimate."
Ovais Habib, Stonecap Securities (5/18/11) "On May 11, Gold Canyon Resources released assay results for six drill holes from its 2011 winter drilling program (in total, 8,500m of drilling was completed in 33 holes). Highlights from the winter drill program include: 110.6m grading 2.48 g/t gold and 4.56 g/t silver in vertical hole SP11-058 and 194.0m grading 1.11 g/t gold and 13.79 g/t silver in inclined hole SP11-048. . .silver grades are also noted to be higher in the mid section of the Portage zone with high silver:gold ratios, which commonly exceed 10:1."
Ovais Habib, Stonecap Securities (4/5/11) "Gold Canyon released [results for] six infill holes [at its Portage Zone on the Springpole property]; SP-11-41, -42 and -44 are inclined holes, SP-11-43, -45/45a were drilled as vertical holes. Most holes have higher-grade intervals within the large intervals, particularly SP-11-43 and SP-11-45."
http://stockcharts.com/h-sc/ui?s=GCU.V&p=D&yr=1&mn=0&dy=0&id=p27430211865
http://www.goldcanyon.ca/s/News_Releases.asp?inv
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