Gold Canyon Enters Into Multiple Non-Disclosure Agreements on Rare Earth Prospects Throughout Scandinavia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2009) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that its wholly owned subsidiary Gold Canyon Kratz Spring LLC has entered into a number of Non-disclosure Agreements to evaluate tailings and mine dumps originating from IOCG +/-REE deposits in the countries of Finland and Norway. Work on this evaluation will be conducted as part of the Joint Exploration Agreement (JEA) between Gold Canyon Kratz Spring LLC and its joint venture participant Japan Oil, Gas and Metals National Corporation (JOGMEC), which was announced earlier this year. JOGMEC is a government organization established under the Japanese Ministry of Economy, Trade and Industry, and is responsible for fostering international exploration and development of strategic minerals, amongst other mineral and petroleum related activities. JOGMEC holds an 80% option to all of the JEA projects. The objective of the JEA is to identify, analyze and perform metallurgical evaluations leading to production of REEs from Iron Oxide Copper Gold +/-Rare Earth Element (IOCG+/-REE) style deposits.

The Scandinavian Peninsula hosts numerous IOCG deposits and is, in fact, the location where a number of the Rare Earth Elements and their natural minerals were first identified or discovered. Deposits which will be evaluated by the Company include the Koldal Mine, Tellenes Mine, and Bidjovagge mine in Norway, and the Raajarvi Mine in Finland. Other deposits may also be included in the field evaluation.

The IOCG style mineralization of the selected Finnish and Norwegian mine tailings and dumps, have not been subjected to extensive study to determine the commercial recovery of REE. However, other IOCG deposits throughout the world have emerged as having significant resources of REE. Gold Canyon Kratz Spring, as operator of the JEA, will start evaluation of the selected Scandinavian Mines tailings and dumps immediately.

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Through its wholly owned U.S. subsidiary, Gold Canyon Resources USA Inc., the Company controls a 100% interest in the Cordero Gallium Project situated in Humboldt County, Nevada, U.S.A.

Gold Canyon entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC) in January 2009.

Additional information can be found on the Company's website: www.goldcanyon.ca.

Akiko Levinson, President & Director