Gold Canyon Resources Inc.

Gold Canyon Resources Inc.

September 28, 2011 08:30 ET

Gold Canyon Expands Team to Advance Springpole Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2011) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce it has added two new members, Alan Edwards and James Muntzert, to the technical team to advance its 100% controlled Springpole Gold Project, located 110 kilometers northeast of the Red Lake Mining Camp, Ontario, Canada.

Alan Edwards' expertise in mining engineering and corporate management will assist the Company as it advances Springpole through a Preliminary Economic Analysis (PEA) next year, and ultimately through feasibility. Jim Muntzert's vast experience with advanced project management, including the Cripple Creek operation in Colorado, Galore Creek project in British Columbia and the Donlin Creek project in Alaska, will serve to advance Springpole's field operations as the project moves towards advanced exploration and feasibility. Alan Roberts, current Project Manager at Springpole, will focus on updating Springpole's NI 43-101 report, including a revised resource by late 2011.

"We are delighted to add Messrs. Muntzert and Edwards to our team," comments Dr. Quinton Hennigh, technical advisor and Director of Gold Canyon. "The skill sets brought by both Jim and Alan will augment an already strong team at Springpole. We are in an excellent position to aggressively move this project forward, a rare situation in today's junior mining sector."

Alan Edwards, BSc Mining Engineering, MBA

Alan Edwards is a mining professional with 27 years of diverse mining industry experience. At the outset of his career, Alan worked for 15 years for Phelps Dodge Corporation, where he held positions of increasing responsibility, including General Manager of Operations, Chino Mines Company. From 2007 to 2009, Alan served as President, Chief Executive Officer and Director of Frontera Copper Corporation. From 2004 to 2007, he was the Executive Vice President and Chief Operating Officer at Apex Silver Mines Corporation, where he was responsible for the engineering, construction, and commissioning of the San Cristobal project in Bolivia. From 1996 to 2000, Alan worked for Cyprus Amax Minerals Company, where he rose to the position of President/General Manager of Sociedad Minera Cerro Verde S.A. in Peru. Prior to joining Apex Silver Mines, he held senior operating positions with P.T. Freeport Indonesia and Kinross Gold Corporation.

Alan has a Bachelor of Science Degree in Mining Engineering and an MBA (Finance), both from the University of Arizona. He presently serves on the boards of four public companies, including Aurico Gold Corporation, U.S. Silver Corporation, Entrée Gold Corporation, and Copper One Inc.

James Muntzert, BA Geology, MSc Economic Geology

Jim Muntzert brings over 40 years experience in the international precious and base metal industries, including management of large, remote, resource development projects, mine management and reclamation. Prior to joining Gold Canyon Resources, Jim worked for Pikes Peak Mining Company as General Manager of the Cripple Creek, Colorado operations; NovaGold Resources as Project Manager of the Donlin Creek, Alaska, and Galore Creek, British Columbia projects and most recently for Alexco Resource Corp as District Manager/ Exploration Manager of the Keno Hill Silver District, Yukon.

Jim holds a BA in geology from the University of Colorado and a MSc in economic geology from Oregon State University.

About Springpole

Springpole is an alkaline intrusion hosting a gold system that represents a potentially new style of Canadian Archean Shield gold deposit. The Portage Zone is hosted by a trachytic porphyry intrusion displaying polyphase autolithic breccias that host gold mineralization. Other zones, including the East Extension and Main, consist of high-grade veins and pods hosted in diatreme breccias composed of intrusive and country rock fragments. These breccias surround the northwest and northern margins of the Portage Zone. The known mineralized zones underlie a total known area of about 4 square kilometers representing only about 15 percent of the greater alkaline intrusive complex which remains yet to be explored.

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 Guyana Frontier Mining Corp. 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:

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.

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