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Wednesday, March 21, 2012 1:07:36 PM
Canyon Copper Corp. ("Canyon") (TSXV: CNC) (OTCBB: CNYC) is pleased to announce that Giroux Consultants have been engaged to incorporate the 2006 drill program results into the 2010 Long Shot Ridge oxide resource estimate, which included an indicated mineral resource estimate, at a cut-off grade of 0.2% copper, of 16,250,000 tons at an average grade of 0.43% Cu, and inferred mineral resource estimate, at cut-off grade of 0.2% copper, of 2,900,000 tons at an average grade of 0.31% Cu (see National Instrument 43-101 ("NI 43-101") Technical Report filed on SEDAR on May 6, 2010 and news release dated May 3, 2010).
Proposed Drill Program on Moonlight Property
Canyon is also pleased to announce that it has started permitting for a shallow reverse drill program at the Moonlight copper oxide deposit in order to establish a resource estimate of the oxide mineralization in a manner compliant with NI 43 101 regulations
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