The Acquisition of Defense Technology Corporation Is Finalized by CanyonGold
LAS VEGAS, NV--(Marketwired - Jan 22, 2016) - Canyon Gold Corp. (OTCQB: CGCC) (The Company) announces the completion and closing of the acquisition of 'DEFENSE TECHNOLOGY CORPORATION (DTC) as a wholly owned subsidiary of CanyonGold as announced in its 8-K filing on January 8, 2016. CanyonGold through DEFENSE TECHNOLOGY CORPORATION (DTC) plans to start production of the "OFFENDER ALERT PASSIVE SCAN"™ during the first quarter of 2016.
The DTC proprietary Offender Alert Passive Scan is a portable scanning security device that uses the Earth's magnetic fields to detect potential security threats. The Offender Alert Passive Scan is the only product of its kind that uses passive scanning.
Traditional detectors use X-ray (radiation) imaging -- the same type of technology that can have harmful effects after prolonged exposure; the Offender Alert Passive Scan eliminates any hazardous and non-hazardous-emittent exposure to students.
Defense Technology Corporation’s (DTC) core ideology is to provide superior solutions for today’s new world risks and threats. DTC is positioned to enter the, until now, untapped public school market segment for threat detection security. DTC has assembled a respected team of experts with decades of experience sharing a common vision of safety, quality, service & share holder value. Team members bring to bear a broad spectrum of executive, international & corporate experience, coupled with extensive diplomatic relationships both at home and abroad.
The company owns exclusive license’s for specific products and will file and hold other patent’s in the future. DTC is positioned to launch products that have substantial follow-on and targets specific government departments. DTC innovations will reduce blunt force & collateral damage in police and military operations. DTC technological breakthroughs will transform security protocols for educational and government facilities in the USA and the world. DTC will proudly produced in partnership with domestic manufacturers here in the USA.
Long Canyon Gold Resources Corp.(LCGRC)owns 30 mineral lease claims and has the opportunity to acquire additional claims in the mineral-rich Spruce Ridge area as well as in the similarly mineralized Pequop Mountains of the Long Canyon Trend Area of Nevada. These sections are adjacent to the original discovery acquired by Newmont Mining for 2.3 Billion Dollars and also the site of the Newmont open pit mine estimated to be in full operation by 2017.
LCGRC continues to seek funding for its phase two development programs on its substantial gold claims in Elko County Nevada. As gold market valuations are now improving the Company plans to proceed with its planned deposit exploration.
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4730 South Fort Apache Road Suite 300 Las Vegas, NV 89147 Website: http://www.canyongoldexploration.com Phone: 800 520-9485 Email: cgcc@canyongoldexploration.com
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