CAU Canyon Resources Corp

GOLDEN, Colo., Oct. 17 /PRNewswire-FirstCall/ -- Canyon Resources Corporation (AMEX:CAU), a Colorado-based mining company, is pleased to announce the employment of Stuart L. Green as General Manager and Vice President of Operations. Mr. Green will begin his new position with Canyon on October 16, 2006, and will be based in California at the Briggs Mine. Stuart brings 30 years of open pit and underground mining operations experience and technical skills to this position. With experience in multiple mineral types and mining methods, he brings critical knowledge to Canyon. Stuart has managed all the aspects of the mining cycle including permitting, feasibility, production and reclamation closure. Previous to this position, Stuart worked with Kinross Gold USA as a Project Manager, St. Andrews Goldfields as General Manager, and 11 years with BHP Billiton where his final position was Executive Manager at the Ok Tedi Mine in Papua New Guinea. Mr. Green graduated with honors from Montana Tech, Butte, MT, with a B.S. Mining Engineering degree. Stuart's duties will include finalizing the re-start feasibility study and implementation plan for the Briggs Mine while simultaneously filling the role of Project Manager at the Reward property. "We are happy to have a person with Stuart's experience and talent join the Canyon team as we enter this exciting stage in Canyon's future," states James Hesketh, President and CEO. "Stuart will fill an important role in advancing our Briggs and Reward projects toward production. He will manage the implementation of re-start operations once a positive final feasibility study has been completed and financing has been arranged. His mining experience will be critical at Briggs in particular, where we envision a combination of both open pit and underground operations in the future," he added. Drilling has commenced on a Phase 2 drilling program at Briggs designed to bring the high-grade mineralization developed in our Phase 1 drilling program to a higher level of confidence. This mineralized material may potentially be mined by underground methods. Work on a feasibility study for the re-start of the open pit mine is nearing completion and work has commenced on a concurrent underground study. At our Reward Project, the Phase 1 drilling program has been completed and we are awaiting final assay results. Work has commenced on engineering and permitting studies required to advance that project in the permitting process and towards feasibility study. About Canyon Resources Canyon Resources, based in Golden, Colorado, was formed in 1979. The Company has a history of precious metals exploration success and can claim a number of significant discoveries. Canyon currently owns the Briggs Mine in California and is currently evaluating the re-start of that operation. Canyon is also evaluating the potential development of the Reward Gold Project in Nevada. For additional information on Canyon Resources and its projects 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 of 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 re-opening 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, +1-303-278-8464, or Valerie Kimball, Investor Relations, +1-303-278-8464, both of Canyon Resources Corporation Web site: http://www.canyonresources.com/

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