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Click to go to Canyon Copper Corp.'s website
Overview:
Canyon Copper Corp. (OTCBB: CNYC), is a resource exploration company with a highly advanced, essentially pre-development stage copper (both oxide & sulphide) and molybdenum project that offers the opportunity for a possible “Fast-Track” copper operation. The Property lies within the famous Walker Lane Structural Belt of western Nevada, in Mineral County, near the town of Luning. Canyon Copper holds 100% interest in over 1300 plus mineral claims representing approximately 26,000 acres.

Chief Property:
New York Canyon, Nevada, Unites States

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The New York Canyon property is located just east of the town of Luning, and approximately 50 km from Hawthorne, in Nevada. Canyon Copper has identified three principal mineralized zones through current and historical drilling programs: 1)Copper Queen to the west, 2) Champion in the center and the 3) Longshot Ridge to the east.

The most advanced of these mineralized zones is the Longshot Ridge oxide copper skarn deposit, located at the east of the property. The prospect has numerous widespread exposures of copper skarn mineralization, in both surface outcrop and abundant old mine workings. The main focus of recent exploration on the prospect has been on the extensive oxide copper skarn mineralization. The copper mineralization and associated alteration at Longshot Ridge are products of an extensive copper-rich skarn system formed in carbonaceous sediments of the Luning, Gabbs and Sunrise Formations. Small amounts of copper occur also in stockwork veinlets in felsic porphyry intrusive sills and dikes. The copper mineralization consists almost entirely of secondary copper minerals, principally malachite, azurite, chrysocolla and copper wad, in order of abundance. The Longshot Ridge encompasses about 90 percent of the mineralization within the two upper units of the Gabbs Formation. Drilling reveals that the strongest, thickest and most continuous mineralization occurs in a NE-trending zone, 200 feet wide by 1300 feet long, which is crossed by two NW-trending structurally-controlled high grade zones, each about 100 feet wide and from 400 to 700 feet long.

The second of these mineralized zones, the Copper Queen, consists of a copper sulphide skarn and porphyry copper-molybdenum sulphide. The deposit is located approximately three km west of Longshot Ridge. The Copper Queen deposit has had significant historical drilling by previous operators.

The third and final mineralized zone is called the Champion prospect. The prospect is located midway between the Longshot Ridge and the Copper Queen prospect. It consists of both oxide and sulphide copper skarns and has numerous widespread exposures of copper skarn mineralization, both in surface outcrop and in old mine workings.

Canyon Copper Corp. is “Highly advanced, essentially pre-development stage copper project, offering the possible “Fast-Track” copper operation” (Canadian: NI 43-101 technical report). The project currently hosts a historical drill indicated reserve of 1.52 billion pounds of copper and approximately 40 million pounds of Molybdenum and is still open in all directions.

To date, Canyon Copper has completed 71 drill holes totaling 8,414 m on the Longshot Ridge oxide copper skarn deposit. As a result of Canyon Copper’s drilling program of 38 drill holes in 2004 and 2005 and historical drilling by previous operators, Canyon Copper confirmed an NI 43-101 indicated resource of 16,250,000 tons at an average grade of 0.43% Cu and an inferred resource estimate of 2,900,000 tons at an average grade of 0.31% of Cu at Longshot Ridge. This mineral resource estimate does not include 33 drill holes (7 HQ diamond drill holes and 26 reverse circular drill holes) completed by the Company in 2006. Upon completion of the companies next financing, the company plans to drill and confirm the sulphide deposit to comply with NI 43-101 requirements. Canyon is currently considering production options.


Management
Anthony Harvey – Chairman and CEO

Mr. Harvey has been consulting to companies in the resource industry for over 40 years and has worked on numerous projects with capital costs exceeding $400 million. He has first hand experience with a wide range of technical, commercial, corporate and associated public company activities with considerable interface around the world with government agencies, financial institutions and the media.
From 1959 to 1989 he worked for Wright Engineers Ltd.- Fluor Daniels in various management positions including, Senior Project Manager responsible for the design, construction and start-up of 14 mines world-wide on behalf of
major mining corporations.

From 1988 until October 2000, he was a Founder, Director and Senior Executive of Azco Mining Inc., a resource company trading on the Toronto and American stock exchanges. Azco’s principal mineral property was the Sanchez porphyry copper project located near Safford, Arizona. This project was developed through to the bankable feasibility stage and subsequently sold to Phelps Dodge Corporation for US $40 million. Azco’s second project, Piedras Verdes, in Sonora State, Mexico which was joint ventured with Phelps Dodge and was put into production by Frontera Copper Corporation at an initial rate of 70 million lbs. of copper per year.

Mr. Harvey is currently the President and Founder of ARH Management Limited, a management and consulting company to the resource industry. He was also a former Chairman and Director of Oremex Resources Inc., and Lake Shore Gold Corp., a former Director of Cobre Del Mayo, a Mexican copper mining company formed in partnership with Phelps Dodge Corporation, and a Director of Terra Energy Corp.

Ben Ainsworth – President and Director

Benjamin Ainsworth is a senior geologist and mining consultant who has been involved in the mining industry for over forty years. He graduated in 1963 with an honors degree in Geology from Oxford University in England. He joined Placer Development in 1965 and held positions of Senior Geologist, Chief Geochemist, Exploration Manager — Eastern Canada, Exploration Manager — Chile, and President — Placer Chile, South America. Throughout the 1970's, Mr. Ainsworth was involved in the design, budgeting and implementation of exploration programs that included drill programs, geophysical surveys, geological mapping, geochemical surveys, and a full range of project evaluation studies. He is a registered Professional Engineer in the Province of British Colombia and is a Canadian citizen by naturalization. Mr. Ainsworth is also senior geologist and mining consultant and principal of Ainsworth Jenkins Holdings Inc. and director of several reporting companies including ESO Uranium, Hathor Exploration, Dajin Resources, Columbia Yukon Explorations Inc., and Sultan Minerals Inc.

James Yates – Director

Mr. Yates has over twenty five years experience in the mineral exploration industry and has served as a director and officer of several public mining companies. From 1982 to 1988 he was the Founder, President and Director of Hycroft Resources who successfully brought the Crofoot Mine into production. Mr. Yates has overseen the corporate management and financing of a number of projects in North America including American Bullion Minerals, Zappa Resources, and Jersey Goldfields, having raised in excess of $20 million for mineral exploration development. Mr. Yates is currently a director of ESO Uranium Corp. (TSX-V: ESO), a mineral exploration company focused on uranium exploration, and Nevada Geothermal Power Inc. (TSX-V: NGP), a company engaged in producing geothermal electrical power from geothermal resources in the United States.

Bryan Wilson – Director

Mr. Wilson has enjoyed a varied career in the fields of mining exploration and development for 18 years and financial services for 12 years. He has filled various roles such as Project Geologist/Manager for Shell Canada, Consultant, Financial Advisor for Scotia McLeod, Mining Analyst for C.M. Oliver and Corporate Finance Specialist for Dominick & Dominick and Thames Capital.
Within the mining industry, Mr. Wilson has acquired broad international exposure to a variety of mineral commodities and has worked throughout the world. In 1981, Shell’s East Kemptville Tin Mine with was discovered and developed under his supervision (50.0 million tonnes @ 0.23% Tin).

Kurt Bordian – Chief Financial Officer

Mr. Bordian is a designated Certified General Accountant in Canada, and holds a Bachelor of Commerce (Honors) Degree from the University of Manitoba. He has worked primarily in the mineral exploration and oil and gas industries over the past 10 years, and has held the position of Controller with three public companies exploring and operating in the Solomon Islands, Ghana, Tunisia and Western Canada. Mr. Bordian is also active with other public entities as Operations Manager and Corporate Secretary.

Milton Datsopoulos – Director

Mr. Datsopoulos is the founder of and partner in Datsopoulos, MacDonald, and Lind, P.C., a multi-disciplinary law firm located in Missoula, Montana which specializes in business, environmental, and transportation law with a U.S. and international clientele. He has served on and continues to serve as a Genutec board member and director of numerous business organizations including public and private companies, including Montana Rail Link, Leigh Resource Corporation – Vancouver, BC, Montana World Trade Center, Criticare Systems and Healthrite Corporation. Mr. Datsopoulos earned a bachelor’s in Economics with high honors and a law degree with honors, both from the University of Montana. Mr. Datsopoulos and his partners have achieved the highest legal rating from the most recognized national publication that rates attorneys based upon evaluations by local attorneys and judges. He is a member of the State Bar of Montana, American Bar Association, Montana Trial Lawyers Association, and The Association of Trial Lawyers of America. Mr. Datsopoulos specializes in Personal Injury Law, Criminal Law, Medical Malpractice and Litigation Practice.

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Canyon Copper Corp. on Yahoo Finance
Share Structure
Share Structure:
Issued and Outstanding 61,928,343
Warrants 9,818,972
Options 4,491,668
Fully Diluted 76,238983
Stock Ticker OTC: CNYC

Canyon Copper Corp.'s Website
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