Gold Canyon Resources Inc. (TSX VENTURE: GCU)(PINK SHEETS: GDCRF) ("Gold Canyon" or "the Company") is pleased to announce it has received additional assays from its recently completed drill program at its 100% controlled Springpole gold project in the Red Lake Mining District in Ontario, Canada. Included in these results are the first ever publicly reported silver assays from the project. Assays for two remaining holes, SP10-005 and -006, are expected back shortly. - The 64.0 meters (209.9 feet) at 3.30 grams per tonne gold (0.096 oz per ton) from hole SP10-002 reported in a news release dated April 6, 2010 has also assayed 14.5 grams per tonne silver (0.424 oz per ton). These represent the first systematic silver assays reported from the project and indicate silver may be of economic importance at Springpole. - Tellurium analyses from this same interval are highly anomalous, 16.6 parts per million. Although these tellurium analyses are preliminary, the observation of grains of gold and silver telluride minerals under the microscope corroborate the presence of elevated tellurium in this system. - A newly reinterpreted cross section of the Portage Zone with hole SP10-002 and two historic holes is available at: www.goldcanyon.ca/i/gallery/springpole/maps/XS-0+600-SP10-002-25-Apr-10.jpg - Hole SP10-004 encountered 41.0 meters (134.5 feet) at 1.08 grams per tonne gold (0.032 oz per ton) near surface in an area with limited historic drilling. - The Company is awaiting assays for holes SP10-005 and -006, both drilled in the same zone as hole SP10-002, but 50 and 200 meters to the SE, respectively. "These silver assays are very encouraging and suggest silver may have economic potential at Springpole," states Dr. Quinton Hennigh, technical advisor to Gold Canyon. "We see silver to gold ratios of individual samples ranging from about 1:1 to 20:1 which is very uncharacteristic of other deposits of the Canadian Shield. The presence of elevated tellurium supports the reinterpretation that Springpole belongs to the alkaline genre of gold deposits. These types of systems are often large, and we intend to demonstrate that Springpole has just such potential with our carefully laid out drill campaign over the coming year."

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