Canyon Gold Corp. cleared for OTC-BB

CANYON GOLD CORP.

Cleared for OTC-Bulletin Board

Released December 13, 2012

Vancouver British Columbia - CANYON GOLD CORP. (OTC-BB: CGCC) (The Company) is pleased to report that it received authorization for trading on the OTB-BB.

OTC-BB

-       The Company, through the services of Spartan Securities Group Ltd. of Clearwater Florida filed form 211 and received clearance from FINRA for Quotation and Trading of its stock on the OTC-Bulletin Board (OTC-BB).

The Company’s Exploration:

The Company owns and controls certain Mineral Lease Claims in the extended Long Canyon Gold Trend of Elko County, Nevada. The Company, with delivery of the ‘Final Geological Report’ completed its Phase One Exploration Program.

The Company plans to commence Phase Two in early spring 2013, weather permitting. Phase Two include extended Geochemistry and Geophysical surveys with further exploration through a drilling program including a series  of  about  a  dozen Reverse Circulation drill holes  to depths  ranging  from 400  feet  to  1000 feet. If warranted, followed by a series of holes  drilled with a diamond  drill to firm up the grades  obtained in  the RC  (Reverse Circulation) drilling so that greater validity  can  be  assigned  to  the ore grades for reserve  and resource calculations.

Forward-Looking Statements   

This news release includes certain “forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives or expected results of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual outcomes and results could materially differ from what is expressed, implied, or forecasted in forward-looking statements.

Contacts:

Canyon Gold Corp.

Delbert G. Blewett, B.Sc.Ll.B,

Pres. & CEO

Phone: 604-202-3212  

Email:  canyongold@shaw.ca

SOURCE: Canyon Gold Corp.

The Company trades on the OTC-QB of the OTC market. Investors can find Real-time quotes and market Information for the Company on http://www.otcmarkets.com/stock/CGCC/quote