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Gold Canyon Updates Springpole Gold Resource Estimate

Written by Investing News Network
|
Feb. 27, 2012 10:50AM PST

Gold Canyon Resources Inc. (TSX:GCU,OTC Pink:GDCRF) announced an updated gold-silver resource estimate for the Ontario-based Springpole project.

Gold Canyon Resources Inc. (TSX:GCU,OTC Pink:GDCRF) announced an updated gold-silver resource estimate for the Ontario-based Springpole project.

As quoted in the press release:

Highlights:

  • Indicated mineral resource of 1.22 million ounces of gold and 4.82 million ounces of silver.
  • Inferred mineral resource of 2.45 million ounces of gold and 11.58 million ounces of silver.

Gold Canyon’s Director, Quinton Hennigh said:

Although the large size of this resource is impressive, we feel that the gold and silver grades are an equally important reflection of the high quality of the Springpole Project.

Click here for the Gold Canyon Resources Inc. (TSX:GCU) press release.

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