Springpole Gold Project Continues to Produce Long Gold Intercepts
      for Gold Canyon; Including 150 Meters at 2.56 Grams Per Tonne
      Gold


Gold Canyon Resources Inc. (GCU: TSX-V) ("Gold Canyon" or "the
Company") is pleased to announce assays from six new holes from its
Winter 2011 Diamond Drill Program at its 100% controlled Springpole
Gold Project, located 110 kilometers northeast of the Red Lake Mining
Camp, Ontario, Canada.  Results include 150 meters at 2.56 grams per
tonne gold (492 feet at 0.075 oz per ton gold) in hole SP11-045A, a
vertical infill hole testing the southeast part of the Portage Zone.
Included in this interval are 30 meters at 5.69 grams per tonne gold
(98 feet at 0.166 oz per ton gold), including 10 meters at 11.11 grams
per tonne gold (33 feet at 0.324 oz per ton gold) of similar character
to the high grade encountered in hole SP11-040 (100.5 meters at 7.23
grams per tonne reported in a news release dated March 15, 2011).
(Please see attached map.)

"These six holes are infill, and they tell us a lot," comments Dr.
Quinton Hennigh, a technical advisor to and a director of Gold Canyon.
"First, we can now confidently say that mineralization starts at
surface down the entire length of the Portage Zone.  Second, we now see
intervals of high-grade mineralization in drill holes along 300 meters
strike along the mid-section of the Portage Zone.  Third, we
encountered the widest intercept yet across the Portage Zone, a true
width of at least 280 meters in hole SP11-042 situated in the far
southeast.  Lastly, all six holes bottom in mineralization suggesting
there is more going on at depth."

Summary of Drill Intercepts from Portage Zone    

Tables have been removed, News Release truncated; please view entire
News
Release at: http://www.goldcanyon.ca/i/pdf/nr29mr11.pdf

View map at:
http://www.goldcanyon.ca/s/Springpole_Gold.asp?ReportID=444956

Summary of results:

- Diamond drill hole SP11-045A is a vertical infill hole testing the
southeast part of the Portage Zone in a shallow area in which no modern
or historic drilling was previously undertaken.  This hole intersected
150 meters at 2.56 grams per tonne gold (492 feet at 0.075 oz per ton
gold) including 30 meters at 5.69 grams per tonne gold (98 feet at
0.166 oz per ton gold) and 10 meters at 11.11 grams per tonne gold (33
feet at 0.324 oz per ton gold).  The nature of this high-grade
mineralization is very similar in character to that encountered in hole
SP11-040 situated 200 meters northwest.  The final meter of this hole
assayed 23.31 grams per tonne gold (3 feet at 0.681 oz per ton gold).

- Diamond drill hole SP11-045 is a vertical infill hole drilled a few
meters from SP11-045A.  This hole intercepted 54 meters at 2.15 grams
per tonne gold (177 feet at 0.063 oz per ton gold) beginning at the top
of bedrock at 36 meters.  This hole was abandoned at 90 meters when its
casing became dislodged.  Hole SP11-045A was collared and drilled a few
meters away to complete the shallow test of this area.
 

- Diamond drill hole SP11-041 was drilled with an azimuth of 220
degrees true north and an inclination of -45 degrees and tested
intermediate depths of the Portage Zone in its mid-section.  This hole
intersected 76 meters at 1.50 grams per tonne gold (249 feet at 0.044
oz per ton gold) before ending prematurely due to technical problems.

- Diamond drill hole SP11-042 was drilled with an azimuth of 220
degrees true north and an inclination of -45 degrees and tested
intermediate depths of the Portage Zone at its southeast end.   This
hole intercepted 402 meters at 0.76 grams per tonne gold (1,319 feet at
0.022 oz per ton gold) beginning at the top of bedrock and continuing
to the bottom of the hole where it stopped in mineralization.  This
hole lies approximately 100 meters above hole SP10-024 (225 meters at
1.48 grams per ton gold reported in a news release dated November 23,
2010).  The Portage Zone appears to be nearly vertical here, and this
intercept represents a true width of at least 280 meters. 

- Diamond drill hole SP11-043 is a vertical infill hole testing shallow
parts of the mid-section of the Portage Zone.  This hole intersected
111 meters at 2.03 grams per tonne gold (364 feet at 0.059 oz per ton
gold) including a high-grade interval of 4.5 meters at 36.21 grams per
tonne gold (15 feet at 1.057 oz per ton gold) of similar character to
hole SP11-040 located 100 meters northwest.

- Diamond drill hole SP11-044 was drilled with an azimuth of 220
degrees true north and an inclination of -45 degrees and tested
intermediate depths of the Portage Zone in its mid-section.  This hole
intersected 219 meters at 0.71 grams per tonne gold (718 feet at 0.021
oz per ton gold) and ended in mineralization. 

Conditions are beginning to warm at site where three diamond drills
continue to operate.  Two drills are drilling infill holes in the
Portage Zone while one rig continues to drill step-out holes to the
southeast.  At present, 7,300 meters of drilling in 27 holes have been
completed since January 10th.  The Company believes drilling on the ice
may continue till the first week in April.  A deep-capacity rig will
begin testing the down-dip continuation of the Portage Zone to depths
of up to 700 vertical meters below surface starting in early April.
Drilling from a pair of barges will begin in late May or early June.

The Winter 2011 Diamond Drill Program is part of an ongoing program of
drilling and remodeling of the Springpole Gold deposit to move it
towards prefeasibility.   Holes drilled this winter and off the barges
in summer are expected to allow the Company to revise the resource
estimate for the deposit sometime in the second half of 2011.

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, Camp 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.
 
Quinton Hennigh, Ph.D., P.Geo. and Alan Roberts, M.Sc., P.Geo. are the
Qualified Persons pursuant to National Instrument 43-101 responsible
for, and have reviewed and approved, the technical information
contained in this news release. Dr. Hennigh is acting as a technical
adviser to and director of Gold Canyon and Alan Roberts is the Senior
Geologist of Alaska Earth Sciences, Inc. and Project Manager at
Springpole.

Core was logged then split using diamond saws with one half sent for
analyses and the other half stored for future reference. Quality
control programs include the use of field and laboratory duplicates,
standards, blanks, and internal and external check assaying. Certified
sample standards were submitted with the normal sample stream. Gold and
silver assays were completed by SGS Canada Inc. in Red Lake and
Toronto, Ontario using a 30 gram charge, fire assay, with an ICP
finish. For over limit assay results, initial assays in excess of 10.0
grams per tonne Au, a gravimetric finish is utilized.

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

For further information, please contact:
Tel: (604) 682-3234    Toll free: 1 (888) 242-3234    Fax: (604)
682-0537   info@goldcanyon.ca
Investor Relations:  Leo Karabelas, Tel: (416) 543-3120   Email:
leo@frontlineir.com

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.