CAU Canyon Resources Corp

GOLDEN, Colo., April 20 /PRNewswire-FirstCall/ -- Canyon Resources Corporation (AMEX:CAU), a Colorado-based mining company is pleased to announce additional encouraging results from its reverse circulation (RC) drilling program at the Company's Briggs Mine located in the Panamint Mountains of southern Inyo County, California. A total of 16,547 feet in 49 RC holes have been drilled in our recent development drilling program, from which we have received assays on a total of 32 holes, twelve of which had been previously reported on March 3, 2006. Highlights from the most recent assays received include: 10 feet (3.0 meters) of 1.4 oz/ton Au (47.9 g/t Au) in Hole R-16, 20 feet (6.1 meters) of 0.22 oz/ton Au (7.6 g/t Au) in Hole R-25, 25 feet (7.6 meters) of 0.281 oz/ton Au (9.6 g/t Au) in Hole R-29 and 20 feet (6.1 meters) of 0.185 oz/ton Au (6.34 g/t Au). "These continuing positive results display the robust nature of the Briggs deposit. Our current plan is to complete this phase of drilling in early May and to update our models to develop a new estimate of mineralized material at the property. This information will be utilized to determine both the underground and open pit mining potential for the property. The re-start of mining at Briggs is a top priority for us," states James Hesketh, President & CEO. Highlights from the most recent Briggs Mine drilling results are shown in the table below: Hole From To Length Length Gold Assay Gold Assay No. (feet) (feet) (feet) (meters) (ounces/ton) (grams/tonne) R-15 570 575 5 1.5 0.264 9.0 R-16 435 480 45 13.7 0.049 1.7 R-16 575 600 25 7.6 0.578 19.8 R-18 100 120 20 6.1 0.044 1.5 R-18 300 330 30 9.1 0.060 2.0 R-19 10 25 15 4.6 0.048 1.7 R-20 85 95 10 3.0 0.039 1.4 R-20 150 155 5 1.5 0.145 5.0 R-21 60 80 20 6.1 0.029 1.0 R-21 95 120 25 7.6 0.037 1.3 R-24 105 115 10 3.0 0.046 1.6 R-25 345 455 110 35.1 0.078 2.7 R-26 280 290 10 3.0 0.060 2.1 R-26 325 335 10 3.0 0.127 4.4 R-26 380 390 10 3.0 0.096 3.3 R-27 425 500 75 22.9 0.086 3.0 R-28 220 240 20 6.1 0.038 1.3 R-28 325 345 20 6.1 0.064 2.2 R-29 235 290 55 16.8 0.184 6.3 R-30 245 310 65 19.8 0.061 2.1 R-31 5 20 15 4.6 0.096 3.3 R-31 60 75 10 3.0 0.048 1.6 R-32 Pending R-33 55 75 20 6.1 0.041 1.4 R-34 25 75 50 15.2 0.037 1.3 Hole ID East North Elevation Length Az Dip (feet) R-15 11181.289 8601.427 1668.890 660 90 -70 R-16 11183.888 8500.377 1668.094 600 93 -75 R-17 11205.532 8405.403 1668.005 425 90 -45 R-18 11205.461 8405.416 1668.005 465 90 -60 R-19 11200.000 9000.000 1540.000 155 0 -90 R-20 11330.000 9200.000 1540.000 155 90 -60 R-21 11299.911 9299.910 1540.221 200 90 -50 R-22 10720.038 9199.439 1512.006 200 0 -90 R-23 10296.520 9400.485 1427.601 345 0 -90 R-24 11215.740 8501.124 1668.946 445 90 -50 R-25 11227.210 8296.482 1668.946 475 90 -80 R-26 11243.116 8683.598 1669.075 500 90 -60 R-27 11243.167 8683.496 1669.104 575 90 -60 R-28 11261.799 8590.931 1673.869 445 90 -60 R-29 11196.912 7895.750 1662.285 365 0 -90 R-30 11250.023 8100.455 1679.077 360 0 -90 R-31 11539.853 9603.201 1801.945 155 0 -90 R-32 11597.084 9404.173 1801.808 200 0 -90 R-33 11555.639 9500.607 1802.206 155 90 -60 R-34 11524.084 9502.100 1802.155 200 270 -70 A new resource estimation model has been developed for the site by Mr. John Taylor, PGeo, AUSIMM, which combines data from the three separate models previously used. This model incorporates past drilling and blasthole information from production operations and known geology. New drill hole information will be incorporated into the model once all assays have been received to develop a new estimation of mineralized material from which an ore reserve could be developed. In addition to this work, a number of engineering firms have been contacted to provide quotations for engineering of new leach pad cells on the property and to refurbish the existing crushing plant and related infrastructure. Work is also ongoing relating to the development of costs and availability of consumables for operations. This additional information will be incorporated into a feasibility study on the property. Assay analysis was performed by ALS Chemex of Sparks, Nevada, using a 30 gram fire assay with AA finish. The drilling and assay program has been performed under the direction of Mr. Bill Fleshman, PGeo, AUSIMM, as qualified person. The Briggs Mine is currently an operating facility with existing permits. Facilities at the site include a mining equipment fleet, 600 ton per hour three stage crushing plant, a carbon tower gold recovery plant, shops, offices and related infrastructure. For more information on the Briggs Mine and the Company please visit our website at http://www.canyonresources.com/. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act or 1933, as amended and Section 21E of the Securities Exchange Act of 1934 as amended. Such forward looking statements include, among others, feasibility studies for the Briggs and Reward projects, mineralized material estimates, drilling capability and the potential reopening or expansion of the Briggs Mine. Factors that could cause actual results to differ materially from these forward-looking statements include, among others: the volatility of gold prices; potential operating risks of mining, development and expansion; the uncertainty of estimates of mineralized material and gold deposits; and environmental and governmental regulations; availability of financing; the outcome of litigation, as well as judicial proceedings and force majeure events and other risk factors as described from time to time in the Company's filings with the Securities and Exchange Commission. Most of these factors are beyond the Company's ability to control or predict. FOR FURTHER INFORMATION, CONTACT: James Hesketh, President and CEO (303) 278-8464 Valerie Kimball, Investor Relations (303) 278-8464 http://www.canyonresources.com/ DATASOURCE: Canyon Resources Corporation CONTACT: James Hesketh, President and CEO, or Valerie Kimball, Investor Relations, both of Canyon Resources Corporation, +1-303-278-8464 Web site: http://www.canyonresources.com/

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