Canyon Resources Corporation (amex:cau)

On March 20, James Hesketh, President and CEO of Canyon Resources Corp. (CAU: canyon resources corp com new) updated the investment community in an all-new interview with http://www.wallst.net . Interview highlights include detailed discussions on the following topics:

-- recently announced extensions to the mineralization at the Briggs Mine
in California
-- current development of the Reward Project in Nevada
-- the company's other Nevada properties
-- reasons the company has a competitive advantage
-- reviving the Seven-Up Pete Gold Project in Montana
-- the company's uranium joint venture in Wyoming
-- upcoming milestones for investors to watch for

To hear the interview in its entirety, visit
http://wallst.net/audio/audio.asp?symbol=CAU&id=3169

Last Update: 9:15 AM ET May 9, 2007

GOLDEN, Colo., May 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: CAU) , a Colorado-based mining company, is pleased to provide a summary of the unaudited results for the Company's first quarter ended March 31, 2007.

Financial Results
We recorded a net loss of $1.5 million, or negative $0.03 per share, on revenues of $0.1 million for the quarter ended March 31, 2007. This compares to a net loss of $0.4 million, or negative $0.01 per share, on revenues of $0.6 million for the quarter ended March 31, 2006. The negative variance of $1.1 million in net loss was due primarily to the following factors:

* Negative variance of $0.1 million in gross margin from gold sales due
to the reduction in gold sales and production.
* Negative variance of $0.3 million in exploration costs due to increased
drilling activity at Briggs and Reward in the current quarter compared
to last year.
* Negative variance of $0.8 million related to last year's gain on sales
of securities.
* Positive variance of $0.1 million related to last year's fair market
adjustment due to the increase in warrant liabilities.

We ended the quarter with $2.1 million of unrestricted cash and short term investments. The $1.5 million of short term investments are all auction rate certificates that have maturities ranging from seven to 28 days. Cash used in operations during first quarter of 2007 amounted to $1.5 million and capital spending at the Briggs Mine totaled $0.4 million. Significant sources and uses of cash from operations are summarized as follows:

* Selling general and administrative spending amounted to $0.8 million.
-- Includes holding costs at the Briggs Mine of $0.3 million.
* Exploration spending amounted to $0.6 million.
* $0.4 million was reclassed to restricted cash for funding an inflation
adjustment to our reclamation bonds and for additional bond collateral
at Briggs, offset by the return of $0.5 million of restricted cash from
the elimination of reclamation liability and release of bonds related
to the former McDonald Project.
* Asset retirement obligation spending amounted to $0.2 million primarily
for the Kendall Mine operations and continued leach pad dewatering at
the Briggs Mine.

For the first quarter ended March 31, 2007, we had gold sales of 100 ounces at an average price of $668. For the comparable period of 2006, we sold 1,045 ounces of gold at an average price of $567. The London PM Fix gold price averaged $650 and $555 per ounce for the first quarter 2007 and 2006, respectively.

GOLDEN, Colo., May 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is pleased to announce the employment of Mr. Stephen Zahony as Vice President, Exploration. Mr. James Matlock has resigned as Vice President of Exploration, a position that he has held since January 2006, to spend more time with his wife and daughter in Zurich, Switzerland. "I have enjoyed my time with Canyon and I hope that my work has added long-term value to the Company. I am pleased that we were able to attract someone of Steve's caliber to the Canyon team," states Jim Matlock. Jim will continue to work with Canyon as a consultant.
Steve is a mining and mineral exploration geologist with particular proficiency and passion for the understanding of ore deposits and mining properties. He has managed numerous large to small projects in a variety of geological and political environments and has held lead positions in several significant mineral discoveries. His experience includes three years as resident mine geologist at the Henderson and Climax molybdenum mines in Colorado and five years as a district exploration manager for Noranda Mines. For the next 20 years, he worked as a consulting geologist on projects in the Americas, Europe, and Asia. Most recently, he was vice president of exploration for Brazauro Resources Corp. and was previously chief exploration geologist of Ma'aden/Saudi Arabian Mining Co. Steve is a member of the Society of Economic Geologists with an M.A. degree in geology from Dartmouth College and a B.S. degree from Ohio State University.
Steve's duties shall include oversight of the geologic, drilling and resource development programs for the Company. In addition, he shall be responsible for conducting and overseeing property evaluations as part of our ongoing property acquisition and development program.
"Steve brings a vast amount of experience and knowledge to us and we are fortunate to attract a person with his skills. He has a key role to play in our forward-looking growth strategy and in the development of our Company. We are pleased to have Steve continue the fine job that Jim began and we welcome him to our team," states James Hesketh, President and CEO.
About Canyon Resources

DJ Canyon Resources' Uranium Joint Venture To Continue Drilling

Last Update: 1:51 PM ET May 23, 2007

May 23, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
Canyon Resources Corp. (CAU) intends to continue uranium exploration at its Converse-Sand Creek joint venture with New Horizon Uranium Corp. and Energy Metals Corp.
New Horizon intends to drill 16 rotary drill holes, comprising about 11,200 feet, to complete an earlier program, Canyon said Wednesday.
New Horizon, which operates the joint venture, has already completed 14 drill holes on the Converse-Sand Creek Project, located near Douglas, Wyo.
Canyon, a Golden, Colo., mining company, expects drilling to begin around June 4.

* Canyon Resources Sells 8.82M Shrs, 2.21M Series A Warrants

GOLDEN, Colo., May 23, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is pleased to announce the continuation of uranium exploration drilling at its Converse-Sand Creek Joint Venture. New Horizon Uranium Corporation (CA:NHU) , operator of the joint venture, has advised Canyon that drilling will commence on or about June 4, 2007. The Converse-Sand Creek Joint Venture is operated by New Horizon on behalf of its joint venture partners, Canyon Resources Corporation and Energy Metals Corporation. (CA:EMC) (EMU: energy metals corp com) .
New Horizon earlier completed 14 drill holes consisting of 10,395 feet of rotary drilling on the Converse-Sand Creek Project, located near Douglas, Wyoming. New Horizon intends to drill an additional 16 rotary drill holes comprising approximately 11,200 feet to complete its earlier program in the "Scott Ranch" target area. The primary purpose of this drilling program is to establish resources leading to defined reserves. The ultimate objective of the Converse-Sand Creek Joint Venture is to determine the feasibility of an In- situ Recovery operation in the prolific White River Formation that extends eastward from Douglas into western Nebraska. Bill Wilson, President and COO of New Horizon, commented that "New Horizon is anxious to finish this round of drilling so that additional drilling can be planned for later this year that will aggressively advance this project." "We are very pleased to see a continuation of this program and are hopeful, based on the positive results of the initial round, for a favorable outcome," states James Hesketh, President and CEO, of Canyon Resources.
About Canyon Resources
Canyon Resources, based in Golden, Colorado, was formed in 1979. The Company has a history of precious metal and uranium exploration success and can claim a number of significant discoveries. Canyon currently owns the Briggs Mine in California and is currently evaluating the re-start of that operation. Canyon is also evaluating the potential development of the Reward Gold Project in Nevada and is a carried partner in two uranium joint ventures. For additional information on Canyon Resources and its projects please visit our website at http://www.canyonresources.com.

GOLDEN, Colo., May 25, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: CAU) , a Colorado-based mining company, today announced that it has closed a private placement with a group of accredited investors in the aggregate principal amount of $4.95 million with net proceeds to the Company of approximately $4.7 million.

TORONTO, ONTARIO, Jun 05, 2007 (MARKET WIRE via COMTEX) -- The management of Romios Gold Resources Inc. (CA:RG) (RMIO.F: romios gold res inc com) (FRANKFURT: D4R) wishes to clarify the press releases issue by Romios Gold and Copper Canyon Resources Ltd. (TSX VENTURE: CPY) on June 4, 2007. Romios made the decision to abandon the transaction having completed its due diligence review of the Copper Canyon property and making the determination that the underlying value of the Copper Canyon property did not support the share exchange ratio of 1.5 shares of Romios for each 1 share of Copper Canyon and that it was not in the best interests of the shareholders of Romios to proceed with the transaction.
About Romios Gold Resources Inc.
Romios Gold Resources Inc is a Canadian exploration company which focuses on the acquisition and exploration of precious and base metal prospects in the vicinity of major mining camps throughout North America. Currently, Romios is involved in several major exploration projects in British Columbia, Ontario and Nevada. Romios has been a public company since 1995 and in addition to trading on the Toronto Venture Exchange, it trades on the Over-The-Counter market in the United States (Exemption N0. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: D4R).
For further information about Romios or this press release, please visit our website at http://www.romios.com.

Last Update: 9:15 AM ET Jul 9, 2007

GOLDEN, Colo., July 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is pleased to announce that it has commissioned Chlumsky, Armbrust and Meyer LLC (CAM) of Lakewood, Colorado, to conduct final engineering and feasibility study work on its Reward gold project located near Beatty, Nevada. This study will develop project economics and a reserve estimate while providing a blueprint for project development.
This feasibility study follows a positive pre-feasibility study conducted for the project in January 2006 and a report showing a significant increase in mineralized material completed in May 2007. Many of the components of this study have already been completed or are in process including: heap leach pad design, electrical supply, water supply, geotechnical study and additional metallurgical test work. The project concept for Reward is development by conventional open pit mining methods and standard crushing and heap leach technology for gold recovery. Leach solutions would be circulated through activated carbon, concentrating the gold. This loaded carbon would then be transported to either Canyon's Briggs Mine in California or to a third party gold facility for production of gold dore for sale or shipment to a third party refiner.
"We are very pleased to advance Reward towards final feasibility study and reserve declaration. Our expectation for this project is a positive feasibility study that shows significant cash flow generation potential," states James Hesketh, President & CEO.
The permitting process for Reward is also going smoothly and is well advanced. A Plan of Operations has been submitted to the Las Vegas Field Office of the Bureau of Land Management (BLM) and found to be complete. The BLM has completed internal scoping and Canyon has contracted preparation of an Environmental Assessment to support the BLM's NEPA review. Archeological and biologic assessment studies are being expanded to fill in gaps left by prior studies. Applications for a Water Pollution Control Permit and a Reclamation Permit have been submitted to the Nevada Division of Environmental Protection. The Division has determined the applications are complete and Canyon is providing additional information to support the Division's technical review.
About Canyon Resources
Canyon Resources, based in Golden, Colorado, was formed in 1979. The Company has a history of precious metals exploration success and can claim a number of significant discoveries. Canyon currently owns two near-term production properties, four advanced stage exploration and two grass roots properties. In addition, we are partnered in a uranium joint venture property. For additional information on Canyon Resources and its properties, please visit our website at http://www.canyonresources.com.

* Canyon Resources Boosts Estimate By About 34% >CAU

GOLDEN, Colo., July 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is pleased to announce an increase of approximately 34% in its estimate of mineralized material at its Briggs Mine in Inyo County, California. This increase results from interpretation of new drilling associated with the underground Goldtooth structure. Total in-place mineralized material in the high grade Goldtooth zone is 0.8 million tons at a grade of 0.215 ounces per ton of gold (opt) based on a cutoff grade of 0.10 opt. This high grade zone is surrounded by a blanket of lower grade material, totaling 4.2 million tons at a grade of 0.049 opt using an internal cutoff grade of 0.02 opt. Mineralized material outside of the Goldtooth zone and around the existing open pits totals 22.0 million tons at a grade of 0.022 opt at a cutoff grade of 0.01 opt. Total in-place mineralized material from all sources quoted above at Briggs is 27.0 million tons at a grade of 0.031 opt. A reserve estimate of 130,000 ounces for the open pit and underground was previously announced for the Briggs Mine. A new reserve estimate will be completed over the next three to four months based on this larger estimate of mineralized material. The Briggs Mine has been operated by Canyon as an open pit heap leach gold mine since 1996, producing more than 555,000 ounces of gold.
"The Goldtooth structure continues to prove its potential as a significant source of gold mineralization. This new mineralized material estimate, combined with past production and our previously announced estimates of mineralized material for Briggs and its satellite deposits, clearly demonstrates that the Briggs mining district has multi-million ounce potential," states James Hesketh, President & CEO. "We are thrilled with these latest findings and are excited by the potential size of the underground structure," he added.
Canyon is currently seeking bids from mining contactors to develop an adit into the Goldtooth structure to test mining conditions, ore control methods, and to provide additional geologic information. To conserve costs, the adit would be developed from the bottom of the existing Goldtooth open pit. Additional exploration drilling on the Goldtooth structure is planned and underground mine design is underway. Material mined by both open pit and underground methods would be processed utilizing existing low cost heap leach and plant facilities. To finance these operations, Canyon is considering inquiries from potential strategic partners and sale of non-core property and equipment assets.
The Goldtooth Fault is a major north-south trending high angle structure that has been mapped for more than 10,000 feet of strike length in the Briggs project area. Approximately 4,900 feet of the southern extent of this structure has been tested by drilling and the zone remains open for extension both along strike and down dip. This increase in mineralized material is the result of a 16,025 foot drill program on the Goldtooth structure completed in late February 2007. Both high grade and surrounding low grade gold mineralization associated with the Goldtooth structure was modeled using wireframe and geostatistical methods typical to underground resource estimation. True width of the high grade zone is between five and 20 feet and low grade mineralization surrounding this zone adds to this width.

Mineralized Material Summary for Underground Goldtooth Structure

Cut-Off Gold Tons x
Classification Grade Tonnage Grade Grade
(opt) (opt) (Ounces)

High Grade Measured 0.10 60,000 0.205 12,400
High Grade Indicated 0.10 285,000 0.227 64,500
Total High Grade M&I 0.10 345,000 0.223 76,900

Low Grade Measured 0.02 341,000 0.046 15,700
Low Grade Indicated 0.02 1,279,000 0.045 57,500
Total Low Grade M&I 0.02 1,620,000 0.045 73,200

Total Measured & Indicated 1,965,000 0.076 150,100

High Grade Inferred 0.10 426,000 0.209 89,000
Low Grade Inferred 0.02 2,563,000 0.051 131,600
Total Inferred 2,989,000 0.074 220,600

Estimate of Open Pit Mineralization Material at the Briggs Mine Deposit
Outside the Goldtooth Underground Model

Cut-Off Gold Tons x
Classification Grade Tonnage Grade Grade
(opt) (opt) (Ounces)

Measured 0.01 5,548,000 0.024 130,500
Indicated* 0.01 12,309,000 0.021 251,900

Measured + 0.01 17,857,000 0.021 382,400
Indicated
Inferred 0.01 4,175,000 0.022 93,400

* Note: NBR underground mining is deducted from indicated

These estimates do not represent an economic reserve as a mining plan and an economic feasibility study has not been completed. Gold ounces are displayed as a product of tons and grade for display purposes and do not represent economic potential.
Assay analyses were performed by ALS Chemex of Sparks, Nevada, using a 30 gram fire assay with AA finish. The drilling, assay program and geologic interpretation have been performed under the direction of Mr. Bill Fleshman, PGeo, AUSIMM, as a qualified person. The technical report, "Briggs Mine Underground Project, Inyo County, California," dated July 26, 2007, was authored by Mr. Timothy J. Carew, P. Geo of Reserva International LLC of Reno, Nevada.
For additional information on Canyon Resources and to access the full content of this technical report, please visit our website at http://www.canyonresources.com.

Cautionary Note to U.S. Investors -- The United States Securities and
Exchange Commission permits U.S. mining companies, in their filings with
the SEC, to disclose only those mineral deposits that a company can
economically and legally extract or produce. We use certain terms in this
release, such as "measured," "indicated," and "inferred" "resources," that
the SEC guidelines strictly prohibit U.S. registered companies from
including in their filings with the SEC.

This press release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934 as amended. Such
forward-looking statements include, among others, feasibility studies for
the Briggs and Reward projects, mineralized material estimates, drilling
capability and the potential reopening or expansion of the Briggs Mine.
Factors that could cause actual results to differ materially from these
forward-looking statements include, among others: the volatility of gold
prices; potential operating risks of mining, development and expansion;
the uncertainty of estimates of mineralized material and gold deposits;
and environmental and governmental regulations; availability of financing;
the outcome of litigation, as well as judicial proceedings and force
majeure events and other risk factors as described from time to time in
the Company's filings with the Securities and Exchange Commission. Most of
these factors are beyond the Company's ability to control or predict.

FOR FURTHER INFORMATION, CONTACT:

James Hesketh, President and CEO (303) 278-8464
Valerie Kimball, Investor Relations (303) 278-8464
http://www.canyonresources.com

SOURCE Canyon Resources Corporation

(EDGAR Online via COMTEX) -- ITEM 2 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Overview of the Second Quarter 2007 and Future Outlook What did we spend cash on during the quarter? We ended the quarter with $5.3 million of unrestricted cash and short term investments. The short term investments of $0.5 million consist of auction rate certificates. Cash used in operations during the second quarter of 2007 amounted to $1.4 million and capital spending at the Briggs Mine totaled $0.1 million. Significant uses of cash from operations are summarized as follows: Selling, general and administrative spending amounted to approximately $0.9 million.
Includes holding costs at the Briggs Mine of $0.4 million.
Exploration and development spending amounted to $0.4 million including amounts capitalized.
Asset retirement obligation spending amounted to $0.1 million primarily for the Kendall Mine operations and continued leach pad dewatering at the Briggs Mine.
What are our results of operation?

* Canyon Resources 2Q Loss $1.36M Vs Loss $1.37M >CAU

* Canyon Resources 2Q Loss/Shr 3c Vs Loss 3c >CAU

Aug 15, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
Canyon Resources Corp. (CAU) said it isn't aware of any negative developments to account for the recent decline in and high trading volume of its shares in the past two days.
The Golden, Colo., mining company said in a conference call Tuesday that its future is "strong."
Canyon had no after-hours trading after dropping 12 cents, or 27.3%, to 32 cents in regular trading on more than 10 times its average daily volume. The company's shares fell 10% Tuesday.

GOLDEN, Colo., Aug 13, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is pleased to provide a summary of the unaudited results for the Company's second quarter ended June 30, 2007.
Financial Results
We ended the quarter with $5.3 million of unrestricted cash and short term investments. The short term investments of $0.5 million consist of auction rate certificates. Cash used in operations during the second quarter of 2007 amounted to $1.4 million and capital spending at the Briggs Mine totaled $0.1 million.

NEW YORK, Aug 14, 2007 /PRNewswire via COMTEX/ -- James Hesketh, CEO of Canyon Resources Corp. (CAU: canyon resources corp com new)
(http://www.canyonresources.com) will be featured in an exclusive interview with http://www.wallst.net that is scheduled to take place on August 16, at 12 p.m. EDT. The interview will be posted on http://www.wallst.net by 8 p.m. EDT on August 16.
The interview will cover topics including Canyon Resources' market potential, growth initiatives, competitive edge, recent news, and milestones for investors to watch for.
To hear the interview in its entirety, visit http://www.wallst.net, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window once it is posted.
About Canyon Resources Corp.
Canyon Resources was formed in 1979 and has been a producing gold mining company since 1986. The Company is focusing on the development of the high grade Goldtooth underground structure at its Briggs Mine in California, as well as advancing the nearby Reward Project in Nevada. The Company also has a Uranium joint venture project located in Wyoming. In addition, Canyon has a strong pipeline of development, advanced stage exploration and grass roots properties in Nevada and Montana, to provide a basis for future growth.

GOLDEN, Colo., Aug 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, responds to the recent decline in its share price. The Company states that it is not aware of any negative developments to account for the recent decline and huge volume in the past two days of trading.
In the Company's second quarter conference call yesterday, the President and CEO had only positive remarks in regard to the ongoing work at its Briggs Mine and the Reward Project. James Hesketh, President and CEO, stated during the call that the future for Canyon is strong. He believes that Canyon is building a solid foundation for future growth and shareholder value.

* Canyon Resources Announces The Passing Of Our Chmn And Founder Dr. Richard H. De Voto

Canyon Resources Announces the Passing of Our Chairman and Founder Dr. Richard H. De Voto

GOLDEN, Colo., Aug 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining company, is saddened to announce the passing on August 21 of Chairman Dr. Richard H. De Voto after a long battle with cancer. He is survived by his wife Judy, three adult children and their families and three step-children. Dick was renowned for his exploration expertise and his tenacious battle to support the rights of the mining industry. "The Board, management team and all present and past employees at Canyon will miss his leadership, friendship and guidance. We shall mourn his loss," states James Hesketh, president and CEO.
Dick had over 40 years of experience in natural resource exploration and management. He was a co-founder of Canyon in 1979 and a founding Director of Delta Gold in Australia from 1984 through 1990. From 1966 to 1987, he was also a Professor of Geology at the Colorado School of Mines. He received a Bachelor of Science degree in Geology at Stanford University, and both a Master of Science degree in Civil Engineering and a Doctor of Science degree in Geology from the Colorado School of Mines. Dr. De Voto was Professor Emeritus of the Colorado School of Mines and a registered Professional Engineer in the State of Colorado.
Services will be held at 5:00 p.m., Sunday, August 26, 2007, at the Jefferson Unitarian Church, 14350 West 32nd Avenue, Golden, CO.
FOR FURTHER INFORMATION, CONTACT:
James Hesketh, President and CEO (303) 278-8464
Valerie Kimball, Investor Relations (303) 278-8464
SOURCE Canyon Resources Corporation

GOLDEN, Colo., Aug 27, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining and exploration company, is pleased to announce favorable results from a uranium drilling program conducted on the Converse-Sand Creek Joint Venture area of interest located near Douglas, in Converse County, Wyoming. The Converse-Sand Creek Joint Venture is operated by New Horizon Uranium (CA:NHU: news, chart, profile) on behalf of its joint venture partners, Canyon Resources Corporation and Energy Metals Corporation (CA:EMC) (EMU: energy metals corp com) .