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Re:   News Release - Thursday, September 15, 2011
      Gold Canyon Intercepts 308 Meters at 1.29 Grams per Tonne Gold
      Including 216 Meters at 1.71 Grams per Tonne Gold at Springpole
      Gold Project
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Gold Canyon Resources Inc. (GCU: TSX-V) ("Gold Canyon" or "the
Company") is pleased to announce that hole SP11-070 intersected 308
meters at 1.29 grams per tonne gold (1010 feet at 0.038 oz per ton
gold) including 216 meters at 1.71 grams per tonne gold (708 feet at
0.050 oz per ton) at its 100% controlled Springpole Gold Project,
located 110 kilometers northeast of the Red Lake Mining Camp, Ontario,
Canada. The intercept encountered in this hole affirms that the Portage
Zone dips northeast at approximately -70 degrees and remains open at
depth.

- Diamond drill hole SP11-070, situated on the 0+800m section and
oriented at 220 degrees true north and inclined at -55 degrees, tested
deeper parts of the Portage Zone in an area where it is believed to be
plunging underneath the Main Zone. This hole intersected 308 meters at
1.29 grams per tonne gold (1010 feet at 0.038 oz per ton gold)
including 216 meters at 1.71 grams per tonne gold (708 feet at 0.050 oz
per ton). As with hole SP11-071 drilled on the 0+00m section (286
meters at 1.03 grams per tonne gold announced in a press release dated
August 31, 2011), SP11-070 confirms that the Portage Zone is dipping to
the northeast at about -70 degrees. It also confirms the zone is open
at depth.

- Drill Hole SP11-070 not only supports the modeled data that the dip
of the Portage Zone is steeply to the northeast but provides strong
evidence that it is indeed plunging underneath the Main Zone. This
area, where once there was a significant gap in drilling, is proving to
be particularly robust in grade. Within the broader reported intervals
is an intercept of 21 meters at 7.22 grams per tonne gold (69 feet at
0.211 oz per ton gold) indicating there is a higher grade core to the
zone here.

- Drill Hole SP11-070 drilled underneath SP10-001 which contained gold
intercepts including 1.31 grams per tonne gold over 21.5 meters (news
release dated April 6, 2010) indicating that mineralization, though
plunging, is still continuous to the near-surface. Recently completed
drilling on the 0+800 section tested mineralization in the near-surface
and down to vertical depths of approximately 350 meters; results are
expected from these holes over the coming weeks.

- Drill hole SP11-070 was collared near the East Extension Zone and
intersected a near-surface high grade vein, 1 meter at 12.34 grams per
tonne gold (3 feet at 0.360 oz per ton gold) thought to be part of that
body of mineralization. Near-surface mineralization has been
encountered in several drill holes in this area and it now appears
there is a bridge of shallow mineralization connecting the East
Extension Zone with the larger Portage Zone to the southwest.
 
- Diamond drill hole SP11-068 was collared on the southwest shore of
Portage Bay on the +600m section and drilled at 040 degrees true north
with an inclination of -60 degrees. It was designed to test deeper
parts of the Portage Zone prior to the recognition that the zone is
dipping northeast. Like other holes drilled from the southwest shore of
the bay, SP11-068 appears to have drilled sub-parallel to the margin of
the Portage Zone rather than across it. Nonetheless, this hole
encountered multiple intervals of mineralization. The deepest interval,
at a down-hole depth of 823-830 meters (see table below), is typical
Portage style mineralization and suggests this type of mineralization
persists to these depths, over 700 meters vertically below surface.

"We are extremely happy with these results," states Dr. Quinton
Hennigh, technical advisor and Director of Gold Canyon. "Not only does
drill hole SP11-070 confirm that the Portage Zone dips northeast; this
intercept also fills an important gap in drilling where the Portage
Zone is believed to be plunging underneath the Main Zone. The grade of
the included intercepts are very encouraging, especially the higher
grade core that returned assay values in excess of 7 grams per tonne
gold. This drill hole also makes it very clear that the Portage Zone
remains open at depth along its entire length."
 
Table has been removed, News Release has been truncated; please view
entire News Release at: http://www.goldcanyon.ca/i/pdf/nr15se11.pdf
 
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.

Operational Update

Two barge-based and two land-based drills are currently operating on
site and will continue through freeze-up, likely in early November.
Approximately 6,000 meters of core have been drilled so far this
summer, and it is expected that the drills should produce around 10,000
meters of core, somewhat less than the 12,000 meters that was
originally planned.  Holes drilled this summer are expected to allow
the Company to revise the 43-101 compliant resource estimate for the
deposit sometime late in the second half of 2011.

About Springpole

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 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 Gold Canyon and Alan Roberts is the Senior Geologist of
Alaska Earth Sciences, Inc. and Project Manager at Springpole.

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.

View News Release in PDF:
  http://www.goldcanyon.ca/i/pdf/nr15se11.pdf
    2569 KB in size, approx. 7 minutes, 59 seconds to download at 56.6Kbps

Springpole Project - Drilling 2011 Drill Hole Collars & Drill Traces 15
September 2011:
  http://www.goldcanyon.ca/i/pdf/nr15se11_Springpole_Plan_Map_15Sep2011_8x11.pdf
    1659 KB in size, approx. 5 minutes, 10 seconds to download at 56.6Kbps

Springpole Project - Cross Section 15 September 2011:
  http://www.goldcanyon.ca/i/pdf/nr15se11_SP11-070_Section_15Sep2011.pdf
    2077 KB in size, approx. 6 minutes, 28 seconds to download at 56.6Kbps

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Copyright (c) 2011 GOLD CANYON RESOURCES INC. (GCU)  All rights
reserved.  For more information visit our website at
http://www.goldcanyon.ca/ or send mailto:info@goldcanyon.ca
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