Killian Charles, Industrial Alliance Securities (1 Killian Charles, Industrial Alliance Securities (1/26/12) Gold Canyon Resources Inc. released two new drill holes and updated the schedule for its resource estimate. . .the company reports that its resource will be delayed. . .the resource can now incorporate all holes drilled in the previous exploration campaign. . .the high-grade intercept in hole SP11-106 represents a potential high-grade chute that remains open to depth. Hole SP11-107 supports GCU's theory that the Portage Zone continues below the Main Zone. . .we continue to believe that the Springpole gold project contains a substantial gold resource."
https://www.theaureport.com/pub/co/1115#quote