Gold Canyon Receives Exchange Approval to Reduce Royalties Related to Certain Springpole Project Claims

- July 22nd, 2010

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) announced that it completed the proposed transactions with Jubilee Gold Inc. described in its previous news release of June 7, 2010.

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) announced that it completed the proposed transactions with Jubilee Gold Inc. described in its previous news release of June 7, 2010.

The press release is quoted as saying:

Legal title to the five patented claims (KRL No. 11229, 11230, 11231, 12868 and 12869) forming an important part of the Company’s Springpole Gold Project in the Red Lake Mining District of Ontario, Canada, have been transferred to Gold Canyon.

Click here to access the entire press release

Click here to access Gold Canyon Resources Inc. Corporate Site

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