Malawi NI 43-101 - December 2011 - Gold Canyon Resources Inc.

2TABLE OF CONTENTSItempage1 Summary 52 Introduction 63 Reliance on Other Experts 114 Property Description and Location 155 Accessibility, Climate, Local Resources,19Infrastructure, and Physiography6 History 217 Geological Setting and Mineralization 238 Deposit types 349 Exploration 3910 Drilling 4011 Sample Preparation, Analyses and Security 4012 Data Verification 4113 Mineral Processing and Metallurgical Testing 6614 Mineral Resource Estimates 6615 Mineral Reserve Estimates 6616 Mining Methods 6617 Recovery Methods 6618 Project Infrastructure 6619 Market Studies and Contracts 6720 Environmental Studies , Permitting and Social or 67Community Impact21 Capital and Operating Costs 6722 Economic Analysis23 Adjacent Properties 6724 Other Relevant Data and Information 6825 Interpretation and Conclusions 6826 Recommendations 6827 References 71Date and Signature Page 73