Gold Canyon Fulfills Environmental Assessment for Access Corridor

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINKSHEETS:GDCRF) ("Gold Canyon" or
"the Company") is pleased to announce it has been notified by the Ontario
Ministry of Natural Resources (MNR) that the Company has fulfilled the
requirements of the Category C Class Environmental Assessment for Resource
Stewardship and Facility Development Projects (Class EA RSFD) for Gold Canyon's
Springpole Access Corridor and the Statement of Completion has been filed with
the Minister of the Environment. This notice is a critical milestone that allows
Gold Canyon to seek permits for construction of an exploration trail to the
Company's 100% controlled Springpole Gold Project situated approximately 110 km
northeast of Red Lake, Ontario.  


Gold Canyon sees this exploration trail as necessary to improve access to site
as it continues to advance work on the Springpole Project. Of particular note,
the preferred corridor alternative that emerged from the Environmental
Assessment (EA) process meshes well with future potential road developments in
the region, including access to the Cat Lake First Nation community and
forestry. 


"We are very pleased to receive confirmation from the MNR that the Statement of
Completion for our access corridor EA has been filed," commented Akiko Levinson,
President, CEO and Director of Gold Canyon. "This allows us to now focus on
obtaining permits for constructing an exploration trail to site, something that
will make further work safer, easier and more cost effective as we advance the
Springpole Gold Project." 


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. 


Over the last five years, the Company has completed over 85,000 meters of
drilling at the project. During that time, work has advanced with the completion
of a Preliminary Economic Assessment (PEA) (announced in news release dated
March 25, 2013, which can be found on SEDAR at www.sedar.com and on the
Company's website: www.goldcanyon.ca). SRK Consulting (Canada) Inc. of
Vancouver, British Columbia completed the PEA. The PEA is based on the project's
most recent National Instrument 43-101 ("NI 43-101") compliant mineral resource
estimate that includes an Indicated Mineral Resource of 128.2 million tonnes
grading 1.07 g/t gold and 5.7 g/t silver and an Inferred Mineral Resource of
25.7 million tonnes grading 0.83 g/t gold and 3.2 g/t silver at a cutoff grade
of 0.4 g/t gold. This estimate is set out in an independent technical report,
entitled "Mineral Resource Update for the Springpole Project, NW Ontario,
Canada" (the "Technical Report"), dated November 30, 2012 with an effective date
of September 19, 2012, which was prepared for Gold Canyon by Dr. Gilles Arseneau
(P.Geo.), associate consultant with SRK Consulting (Canada) Inc., an independent
Qualified Person as defined by NI 43-101. The Technical Report is also on SEDAR
at www.sedar.com and on the Company's website. 


Qualified Person 

Dr. Quinton Hennigh, Ph.D., P.Geo., a Qualified Person pursuant to NI 43-101 who
is acting as a technical adviser to, and a director of, Gold Canyon, is also
responsible for approving the technical information in this news release that is
not related to the PEA. 


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 a
minority interest in the 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.  


Gold Canyon entered into a Rare Earth Element (REE) 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 

Cautionary Note Regarding Mineral Resources 

Mineral resources that are not mineral reserves do not have demonstrated
economic viability. The estimate of mineral resources may be materially affected
by environmental, permitting, legal, title, taxation, sociopolitical, marketing,
or other relevant issues. The quantity and grade of reported inferred resources
in any estimation are uncertain in nature and there has been insufficient
exploration to define these inferred resources as an indicated or measured
mineral resource and it is uncertain if further exploration will result in
upgrading them to an indicated or measured mineral resource category.


Cautionary Note to U.S. Readers Regarding Estimates of Measured, Indicated and
Inferred Resources 


This news release uses the term "inferred resources." We advise U.S. investors
that while this term is recognized and required by Canadian regulations, it is
not recognized by the SEC. "Inferred resources" have a great amount of
uncertainty as to their existence, and great uncertainty as to their economic
and legal feasibility. It cannot be assumed that all or any part of an "inferred
mineral resource" will ever be upgraded to a higher category. Under Canadian
rules, estimates of "inferred mineral resources" may not form the basis of a
feasibility study or prefeasibility studies, except in rare cases. The SEC
normally only permits issuers to report mineralization that does not constitute
"reserves" as in-place tonnage and grade without reference to unit measures. The
term "contained gold ounces" used in this news release is not permitted under
the rules of the SEC. U.S. investors are cautioned not to assume that any part
or all of a measured, indicated or inferred resource exists or is economically
or legally mineable. 


Cautionary Note Regarding Forward Looking Statements 

This news release contains statements that constitute "forward looking
statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995 or "forward looking information" within the
meaning of applicable Canadian provincial securities legislation (collectively,
"forward-looking statements"). Forward-looking statements often, but not always,
are identified by the use of words such as "seek", "anticipate", "believe",
"plan", "estimate", "expect", "targeting" and "intend" and statements that an
event or result "may", "will", "would", "should", "could", or "might" occur or
be achieved and other similar expressions. Forward-looking statements in this
news release include statements regarding the timing and nature of permitting
studies, the timing and nature of infrastructure developments and construction,
projections of future optimization, production timeline targets, the timing of
negotiations with third parties, and the timing and nature of future exploration
programs which are dependent on projections which may change as drilling
continues, or if unexpected ground conditions are encountered. In addition,
areas of exploration potential are identified which will require substantial
drilling to determine whether or not they contain similar mineralization to
areas which have been explored in more detail. The description of the extent of
mineralized zones is not intended to imply that any economically mineable
estimate of reserves or resources exists on any of Gold Canyon's projects. 


The forward-looking statements that are contained in this news release are based
on various assumptions and estimates by Gold Canyon and involve a number of
risks and uncertainties. As a consequence, actual results might differ
materially from results forecast or suggested in these forward-looking
statements. Forward-looking statements involve known and unknown risks,
uncertainties, assumptions and other factors that may cause the actual results,
performance or achievements of Gold Canyon to be materially different from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Factors that could cause the actual results to
differ include; risks relating to fluctuations in the price of gold; the
inherently hazardous nature of mining-related activities; uncertainties
concerning resource estimates; results of exploration, availability of capital
and financing on acceptable terms, inability to obtain required regulatory
approvals, unanticipated difficulties or costs in any rehabilitation which may
be necessary, market conditions and general business, economic, competitive,
political and social conditions. These statements are based on a number of
assumptions, including assumptions regarding general market conditions, timing
and receipt of regulatory approvals, the ability of Gold Canyon and other
relevant parties to satisfy regulatory requirements, the availability of
financing for proposed transactions and programs on reasonable terms and the
ability of third-party service providers to deliver services in a timely manner.
Although Gold Canyon has attempted to identify important factors that could
cause actual results to differ materially from those expressed or implied in
forward-looking statements, there may be other factors which cause actual
results to differ. Forward-looking statements contained herein are made as of
the date of this news release and Gold Canyon disclaims any obligation to update
any forward-looking statements, whether as a result of new information, future
events or results or otherwise, except as required by applicable securities
laws. There can be no assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gold Canyon Resources Inc.
[phone]
Toll free: 1 [phone]
[phone] (FAX)
[e-mail]
www.goldcanyon.ca