Today's Alert is
Canyon Gold Corp. - CGCC

The markets have opened and it is time to turn your attention to my new alert CGCC!


CGCC is a Gold exploration company with ownership of 30 mineral lease claims!  You would think with this kind of potential to literally “Strike Gold”, that the company would have the attention of many investors.  However, the average trading volume over the past 3 months is under 14k shares per day!


It looks like we just discovered a potential Gold Mine! Let’s dig a little deeper to find out what CGCC has to offer.


About CGCC – Canyon Gold Corp.


(Current PPS. $.15)


CanyonGold is a gold exploration company which owns 30 mineral lease claims and has optioned 280 mineral lease claims for a total of 10.3 sections, approximately 6,613 acres, situated on the mineral-rich NE-SW ‘Long Canyon Trend’ on the range to the immediate west of the Pequop Mountains in the Spruce Ridge area of Nevada – a region experiencing vast new gold discoveries.


CanyonGold plans to explore its claims for a large tonnage Carlin-type of gold deposit.


CanyonGold’s Exploration. With completion of its phase one exploration and delivery of the extensive Geological Report prepared consistent with Canadian Securities NI 43.101 Technical Report requirements. The findings on the claims as given in the report recommend continuation with the planned Phase Two exploration program.


CanyonGold’s Expansion Plans. Canyon Gold plans to increase its claim holdings in the Long Canyon Trend - Spruce Ridge area through summer 2013 by exercising an existing property lease options, subject to financing.


CanyonGold’s Team. As a relative newcomer to the mineral exploration field, CanyonGold has assembled an accomplished executive management team, with experienced professionals on its Board of Advisors. As the company and its operations grow the company continues to seek out experienced professionals to augment its Board and Advisory Committee.


The success of other exploration companies exploring on properties surrounding CanyonGold’s leased properties has confirmed the exceptional gold deposits potential to become a major Nevada gold producer in the coming years.


Canyon Gold's Corp.'s Philosophy is to build sustained shareholder value through expansion, exploration and discovery of Carlin-type gold deposits.


Currently, CGCC projects include:


The Spruce Ridge, Nevada project is on the adjacent range immediately west of the recent Pequop Mountains, Long Canyon Trend major discovery by Fronteer Gold of a substantial Carlin-type gold deposit. The Long Canyon deposit was acquired in February 2011 by Newmont Mining Corporation USA for a reported $2.3 billion.


As of January 12, 2011, published ore resources at Long Canyon were 1,396,000 oz. of gold at an average grade of 2.36 grams per gold per ton contained in 18,371,000 tons of ore. Inferred resources were 803,000 oz. of gold at average grade of 2.24 grams gold per ton contained in 11,170,000 tons of rock.


Market Outlook


Nevada is now the leading gold-producing state in the nation, in 2007 producing 80% of the gold mined in the United States. Almost all the gold in Nevada comes from large open pit mining and cyanide heap leaching recovery. A number of major mining companies, such as Newmont Mining, operate gold mines in the state. Active gold mines include Jerritt Canyon and the Getchell Mine.


As of January 12, 2011, published ore resources at Long Canyon were 1,396,000 oz. of gold at an average grade of 2.36 grams per gold per ton contained in 18,371,000 tons of ore. Inferred resources were 803,000 oz. of gold at average grade of 2.24 grams gold per ton contained in 11,170,000 tons of rock.


The price of gold has increased significantly since 2002 and many experts claim that gold’s dramatic increase in price is still unfinished. The price of gold has reached record levels, surpassing $1,900.00 per ounce in the fall of 2011. Prices are expected to remain high; driven by increasing demand and overall limited supply of commercially viable producing mines.


It is clear that CGCC has incredible opportunity on their horizon.  With Gold prices on a steady incline over the past few years and a project based in the #1 Ranked Gold state in the country, CGCC is bound to capture investor’s attention!


In 2009, Nevada reportedly had 75 million ounces in proven and potential reserves.


Trading at $.15 CGCC’s PPS looks very attractive when you add up all that the company has to offer and the possibilities for future earnings.


Make sure you keep a close eye on CGCC today and keep checking your inbox for more details.




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