Resource Estimate update early Q4 / 2012: "We are very pleased with the assays results from recent drill holes that will be used to update our National Instrument 43-101 ("NI 43-101") compliant resource," comments Dr. Quinton Hennigh, technical advisor to, and director of Gold Canyon. "The Portage Zone continues to produce exceptional grade thickness intervals, confirming one of its many attributes. Now that we have results in hand, we expect to receive an updated resource from our independent qualified person by early Q4 of this year." ////////// Four drills mounted on barges continue to operate at Springpole. Year-to-date, nearly 36,500 meters of diamond core drilling have been completed. Results from recent infill holes that will be used to update Springpole's NI 43-101 compliant resource are listed in the table below. All holes were drilled from barges and are vertical. FANTOMAS