Gold Canyon Resources Inc.
TSX VENTURE : GCU
PINK SHEETS : GDCRF

Gold Canyon Resources Inc.

March 04, 2011 13:16 ET

Quinton Hennigh, Ph.D., P.Geo., Joins Gold Canyon Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2011) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that Quinton Hennigh, Ph.D., P.Geo., has joined the Board of Directors of Gold Canyon. Dr. Hennigh is an economic geologist with more than 20 years of exploration experience. Over the past four years as President and Chief Geologist of Evolving Gold Corp. ("Evolving"), Dr. Hennigh has helped assemble a world class portfolio of gold projects and led successful exploration resulting in three significant discoveries including the Rattlesnake Hills deposit, Wyoming. Prior to joining Evolving, he was an exploration geologist with Newmont Mining Corp., Newcrest Mining, and Homestake Mining, during which time he worked on projects in North America, Europe, Australia, Asia, and South America. More recently, Dr. Hennigh has acted as advisor to Gold Canyon Resources since 2009, where he helped refocus exploration at the Company's Springpole Gold Project in Ontario. He earned a M.Sc. and a Ph.D in geology and geochemistry from the Colorado School of Mines in 1993 and 1996, respectively.

It is with great regret that the Company announces the resignation of Douglas Christopherson from the Board of Directors. Akiko Levinson, Chairperson and Chief Executive Officer of the Company states: "We wish to thank Mr. Christopherson for his years of service with Gold Canyon and note that he will continue to serve Gold Canyon through our subsidiary, Gold Canyon Kratz Spring LLC. Dr. Hennigh has been a valuable and dedicated technical advisor to Gold Canyon's 100% controlled Springpole Gold Project in northwestern Ontario and with his addition to the Board of Directors, we will continue to benefit from his expertise and leadership."

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: 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.

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