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Revised Final Environmental Study Report (24 MB) - Gold Canyon ...

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<strong>Gold</strong> <strong>Canyon</strong> Resources Inc.<br />

Springpole <strong>Gold</strong> Access Corridor Project<br />

<strong>Final</strong> <strong>Environmental</strong> <strong>Study</strong> <strong>Report</strong><br />

positive preliminary economic assessment (“PEA”) has been completed by an independent, qualified<br />

consulting firm. The press release is available at: http://goldcanyon.mwnewsroom.com/pressreleases/gold-canyon-resources-inc-preliminary-economic-a-tsx-venture-gcu-201303250862158001<br />

GCU is currently publicly traded on the Toronto Stock Exchange. The head office of the company is<br />

located at:<br />

Suite 810 – 609 Granville Street<br />

PO Box 10356 Pacific Centre<br />

Vancouver, B.C. V7Y 1G5<br />

Tel: 604.682.3234<br />

Fax: 604.682.0537<br />

www.goldcanyon.ca<br />

The primary GCU contact person for the purpose of this <strong>Report</strong> is provided below.<br />

Denise Saunders<br />

Manager of Community Relations and Lands<br />

Phone: 807.735.1050<br />

denise.saunders@bell.net<br />

denise@goldcanyon.ca<br />

1.1 Location and Land Tenure<br />

The Property is located in northwestern Ontario, approximately 110 km northeast of Red Lake (refer<br />

to Figure 1-1). The Property is located in unorganized township, Red Lake Mining District, Casummit<br />

Lake Area within the Trout Lake Forest Sustainable Forest License. The Property consists of more<br />

than 300 mining claims (including 30 patents and 6 leases, covering an area of over 80,800 acres or<br />

34,900 ha) and extends from the north end of Springpole Lake to Hydro One’s E1C electricity<br />

transmission corridor via the Wenasaga Road of the Trout Lake Forest (refer to Figure 1-1). To<br />

facilitate potential future development, GCU is leasing strategically positioned mining claims,<br />

pursuant to Section 81 of the Mining Act. The significant investment and commitment by GCU to this<br />

Deposit are evidenced by the forthcoming applications to lease many of the mining claims within the<br />

Property.<br />

The Property is primarily fly-in access using float plane or helicopter. Seasonal access has been<br />

available on an annual basis via a seasonal ice road over Birch Lake that is in use for ~3 to 4 weeks<br />

per year and extends from the South Bay Mine road (refer to Figure 1-1 and 2-1). South Bay Mine<br />

Road connects with Highway 105 near Ear Falls. Access is frequently required to move<br />

consumables, personnel and equipment. All garbage that is generated at the tent camp is flown offsite<br />

or removed from site while the ice road is available for disposal at an approved landfill.<br />

1.2 History<br />

Previous preliminary exploration work on the Property has comprised surface diamond drilling,<br />

geophysical surveys, geological mapping and exploration trail development. Supporting<br />

infrastructure that is currently in place on the patents that adjoin the north shore of Springpole Lake<br />

includes a ~50 plus person tent camp with cookhouse, best-in-class sewage treatment system,<br />

domestic water supply, storage, heli-pad and ancillary laydown areas. In 2012, four (4) drills<br />

July 2013 Page 2

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