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

Table 4 REE analyses of 3 leached samples collected by J. Ishikawa in September of 2010.29Total REESample La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er Tm Yb Lu Y TREE TREE-Ceno ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppmCHA-4 125 126 31 127 23 9 22 3 18 4 11 1 9 1 111 620 495CHA-6 104 88 24 93 17 6 17 3 14 3 8 1 6 1 92 475 387CHA-8 127 203 34 140 27 11 27 4 22 4 11 1 8 1 120 739 536REE in leach liquorSample La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er Tm Yb Lu Y TREE TREE-Ceno ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppmCHA-4 100 31 26 107 19 7 21 3 16 3 10 1 7 1 104 456 425CHA-6 57 8 17 74 14 5 17 3 14 3 8 1 5 1 105 332 324CHA-8 20 11 7 35 9 5 12 2 12 3 8 1 6 1 100 232 221Percentage of total REE leached from solidSample La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er Tm Yb Lu Y TREE TREE-Ceno % % % % % % % % % % % % % % % % %CHA-4 80 25 84 85 84 77 95 94 87 81 92 69 80 77 94 74 86CHA-6 55 9 72 80 83 85 102 120 99 108 103 101 83 110 114 70 84CHA-8 16 5 21 25 33 46 45 51 55 72 70 74 75 84 83 31 41