Canyon Copper Corp commences Phase One programme

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[{"type":"text","content":"\n\n\n\n\n\nTSXV: CNCOTCBB: CNYC\n\n\nVANCOUVER, Aug. 16, 2011 /CNW/ - Canyon Copper Corp. (the \"Company\") (TSXV: CNC) (OTCBB:CNYC) is pleased to announce that it\n has commenced Phase One of its exploration programme on the New York\n Canyon Project. The first stage of Phase One involves the re-assay, by\n an independent ISO 17025 certifiable assay laboratory, of approximately\n 1,440 drill samples from the Company's 2006 drill programme in order to\n determine proper quality assured copper values for these samples. The\n assays of these samples will be reported when received, which is\n anticipated to be in approximately three weeks subject to the work load\n at the assay office. The balance of the Phase One work programme (see\n news release dated July 18, 2011) is expected to be completed by the\n end of 2011.\n\n\n2006 Drilling Summary\n\n\nIn 2006, the Company carried out a 33 hole drill programme of 3,543\n meters (11,690 feet) at a cost of approximately USD $950,000. In this\n programme, the Company completed 7 HQ core drill holes with a total of\n 855 meters (2,805 feet) and 26 five inch diameter reverse circulation\n drill holes with a total of 2,688 meters (8,818 feet).  A review of the\n assay results by independent consultants was reported in the Company's\n National Instrument 43-101 Technical Report filed on SEDAR on May 6,\n 2010 (the \"Technical Report\").  This review indicated that the assay\n results of the 2006 drill programme were not recommended to be included\n in the resource estimate made in the Technical Report because \"of\n extremely high variability in the duplicate, blank and standard check\n samples\" reported by the assayer. It appears that the sample of pulp\n material used for assay was only a weight of 0.5 grams which is not\n considered to be sufficient weight to obtain reliable assays from much\n larger original samples. The pulp samples have been kept in dry, locked\n storage in Hawthorne, Nevada since 2006 and were in a good state of\n preservation, with no evidence of spillage or damage to the boxes which\n contained them. The sample set was transported in a secure manner to\n the assay laboratory.\n\n\n19 of the 33 drill holes (58%) from the 2006 drill campaign were located\n in significant in-fill sites or around the perimeter of mineralization\n defined, but not limited, by...

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