A Newmont Mining Connection!!A little bit of Newmont Mining's background in Canada, as well as how some of this background relates to the Gold Canyon Resources Springpole gold project. There is so much more to the Newmont story in Canada, 'but one would have to do their own DD'. By 1995, Akiko Gold was reorganized into Gold Canyon Resources Inc. and GFCM's (Goldfields Canadian Mining) interest was acquired by Santa Fe Mining as part of an asset exchange with London based Hanson Plc., which controlled GFCM. In 1998, Newmont merged with Santa Fe Pacific Gold Corporation. That said, Newmont Mining, through the merger with Santa Fe, would have least known about the existence of the Springpole gold project, but the information about the deposit, as we know now, did not exist then. Noranda Mines Ltd formed Hemlo Gold Mines, Inc. to operate their mine in the Hemlo area, Ontario. Hemlo Gold then merged with U.S.-producer Battle Mountain Gold in 1996. Newmont announced a merger with Battle Mountain Gold Company. The merger was completed in January 2001. In 2008, Newmont acquired Miramar Mining Corporation and its Hope Bay deposit in the Canadian Arctic. Newmont owns 100% of the Hope Bay project, a large undeveloped gold project in the Kitikmeot Region of Canada. In 2010, Newmont commenced an underground decline at the Doris North deposit (Hope Bay). 2009: Dr. Quinton Hennigh has acted as advisor to Gold Canyon since 2009, where he helped refocus exploration at the Company's Springpole Gold Project in Red Lake, Ontario. Until recently, he was President and Chief Geologist of Evolving Gold Corp. Prior to joining Evolving Gold Corp, he was an exploration geologist with Newmont Mining Corp. On August 10, 2009, Jeff Chambers, formerly with Newmont Mining Corporation, is presently on site at Springpole camp leading an effort to re-evaluate the geology of this unusual gold system, as well as a technical review of past drilling and assaying. Jun 7 - 13, 2010, Gold Canyon's new approach at Springpole. Feb. 03, 2011, Gold giant Newmont Mining Corp. is sticking close to home for future production growth by acquiring Nevada-focused explorer Fronteer Gold Inc. in a deal valued at $2.3-billion. Fronteer Gold was run by Mark O'Dea (now with Pilot Gold since 2011), and Newmont Mining was run by Richard O'Brien (now with Boart Longyear since 2013). As Mr. O'Brien said (Feb. 03, 2011): "We are willing to go almost anywhere in the world, but we always like to go where we can realize a higher return," Mr. O'Brien said of his company's decision to buy an asset close to its core production base. Mr. O'Brien served as the Chief Executive Officer and President of Newmont Ghana Gold Limited. He served as the Chief Executive Officer of Fronteer Gold Inc. since July 2007 and served as its President from July 2007 to July 2012. He served as the Chief Executive Officer of Newmont Mining Corp. from July 1, 2007 to March 1, 2013 and served as its President since April 1, 2007. Mr. O'Brien served as the Chief Executive Officer of Newmont Mining Corporation of Canada Limited since July 1, 2007 and served as its President since July 1, 2007. March 4, 2011: Quinton Hennigh, Ph.D., P.Geo., has joined the Board of Directors of Gold Canyon. Dr. Hennigh is an economic geologist with more than 20 years of exploration experience. Over the past four years as President and Chief Geologist of Evolving Gold Corp. Dr. Hennigh has acted as advisor to Gold Canyon Resources since 2009. In April 2011, Newmont acquired Canada's Fronteer Gold Inc. for Cdn $2.3 billion. This made the company the world's second-largest gold producer. Sept. 27, 2012) - Gold Canyon Resources Inc. (TSX VENTURE:GCU) ("Gold Canyon" or "the Company") is pleased to announce that Mr. Troy J. Fierro joins the Company as Chief Executive Officer effective September 26, 2012. He has previously held executive positions with Fronteer Gold Inc. At Fronteer, which was acquired by Newmont Mining Corp. for $2.3 billion, Mr. Fierro acted as COO. Maybe Akiko thought Troy would do the same thing for Gold Canyon!!! As of January 31, 2012 Newmont has decided to put the Hope Bay project on care and maintenance until further notice. Hope Bay gold project has a new owner, with the March 13, 2013, announcement by TMAC Resources that it has completed the acquisition of the Hope Bay project from Newmont Mining Corp. and closed $50 million in financing. In Ontario: • Golden Giant: Newmont's Canadian operations previously included two underground mines. Golden Giant (100% owned) was located approximately 25 miles (40 kilometers) east of Marathon, Ontario, Canada, and had been in production since 1985. Mining operations at Golden Giant were completed in December 2005 with remnant mining and milling production continuing throughout most of 2006. • Holloway: Holloway was located approximately 35 miles (56 kilometers) east of Matheson, Ontario, and about 400 miles (644 kilometers) northeast of Golden Giant. It was in production since 1996. On November 6, 2006, Newmont completed the sale of the Holloway mine to St. Andrews Goldfields Ltd. resulting in a $13 pre-tax gain. That said, I think I've over extended myself with my 'historical' summary here, on Newmont Mining in Canada, and how some of it perhaps, still affects the Springpole gold project of Gold Canyon Resources. Indirectly, Newmont Mining has been involved with the Springpole project since 1998!! But in 2015, does Newmont Mining really care about the Springpole gold project?? A couple of the present members of Newmont's Board of Directors are former Rio Tinto people, including Gary Goldberg, the present President and CEO of Newmont Mining. (Rio Tinto has lately been cutting ties with operations in Canada, so maybe the 'Rio Tinto' mindset, has already kicked in, and affected Newmont Mining's thinking about Canada). As I said before, do your own DD on all aspects of the above.