Canyon Resources Announces Uranium Drilling Results

    GOLDEN, Colo., Aug. 27 /CNW/ -- Canyon Resources Corporation (Amex:   CAU),
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 (Toronto Stock Exchange: NHU) on behalf of its joint
venture partners, Canyon Resources Corporation and Energy Metals Corporation
(Toronto Stock Exchange: EMC; NYSE:   EMU).
    New Horizon completed 16 rotary drill holes totaling approximately 11,700
feet during June and July 2007. Portions of three of the rotary holes were
core drilled for further sampling and analysis. This drilling follows 14
rotary drill holes completed in November and December 2006.  Thirteen of the
recent 16 rotary drill holes were in the area of historic drilling in the
early 1980s by Canyon Resources and Elf Aquitaine. Current drilling focused on
the 3,000 foot mineralization trend previously identified by Canyon
Resources-Elf Aquitaine and extended the mineral zone an additional 3,500
feet. Three of the current drill holes were wide-spaced step-out tests to the
south and east along suspected paleo channels in the host White River
    All but three of the drill holes intercepted anomalous uranium values,
with three holes, SR07-9, SR07-10 and SR07-11, showing significant grades.
Highlights follow:

    --  Hole SR07-9, located along the Canyon-Elf Aquitaine trend in the
        northern portion of Section 29, intercepted 10 feet grading 0.119 %
        uranium oxide (eU3O8) including 4.5 feet grading 0.241% eU3O8.

    --  Hole SR07-11, located northeast of hole SR07-9 on the same trend,
        graded 0.142% eU3O8 over 13.5 feet, with six feet grading 0.288%

    --  Drill hole SR07-10, located south of hole SR07-9 intercepted seven
        feet grading 0.075% eU3O8 with 3.5 feet grading 0.133% eU3O8.  This
        hole, located significantly south of the main trend in Section 29, may
        indicate a previously unknown mineral trend.
    Bill Wilson, President and COO of New Horizon said, "We are pleased with
the results of this phase of drilling on Sand Creek, which has not only
confirmed the previously indicated uranium mineralization, but has
substantially extended the target zone. We look forward to further work later
this year to continue to delineate the extent and nature of this
mineralization and to begin tests to determine its applicability for in-situ
    Jim Hesketh, President and CEO of Canyon Resources said, "This drilling
confirms the potential for development of additional mineralization on our
joint venture properties. We look forward to seeing positive results from the
next round of drilling."
    Observed lithology and probe results of the holes drilled indicate two
extensive zones of uranium mineralization with very distinct host rock
assemblages. These two zones are identified as zone 'A', the upper zone, and
zone 'B', the lower zone. The zones are defined by their stratigraphic
position and the character of the sandstone or siltstone host rocks. The
upper, or 'A' zone, displays a finer grained sandstone and siltstone host with
locally conspicuous clay horizons. The lower, or 'B' zone, is more coarse-
grained sandstone to conglomerate horizon and is essentially clay free.
    While New Horizon has not yet conducted tests of in-situ recovery ("ISR")
amenability, we are encouraged by the lithology in the holes and the 'grade
thicknesses' encountered in the drilling.  Grade thickness (GT) is a term used
in uranium exploration which is a measure of the grade in percent times
thickness in feet. As an example, drill hole SR07-10 has a grade of 0.075% and
a thickness of seven feet = 0.525 GT. A GT value of 0.20 or greater is
considered geologically significant.
    GTs ranging from 0.052 to 1.190 were encountered in the more favorable
'B' zone sands in 11 of the 16 holes.  Three of the drill holes are 'twins' of
earlier Canyon Resources holes, with coring of selective intervals in zones
which contain mineralization grades and host rock characteristics possibly
amenable to ISR methods.  The 14 holes drilled in late 2006 contain GTs
ranging from 0.085 to 0.931, six of these intercepts were located in the 'B'
sands. Of the total 30 holes drilled in this overall program, 26 were found to
contain significant anomalous uranium values.
    Portions of holes SR07-8 (708 foot to 728 foot depth), SR07-9 (698 foot
to 719 foot depth) and SR07-13 (612 foot to 636 foot depth) were core drilled
and are now being prepared for chemical analyses to determine chemical
disequilibrium ratios in the uranium mineralization.  Disequilibrium is the
term for the relationship of uranium determined by 'Gamma' electric logging in
the field (eU3O8), versus the chemical assay of contained uranium in rock or
drill core.  Further geologic studies are underway with results expected in 45
to 60 days.
    Upon completion of the disequilibrium tests and further analysis of the
30 holes from the current program, New Horizon plans to complete an additional
drilling program of 30 rotary holes at Sand Creek later this year. This
planned program will fill in areas to nominal 150 to 300 foot centers along
the White River trend and add up to ten more step-out holes in known
mineralized but less explored areas.
    The following table indicates uranium intercepts for the 16 holes
completed during the recent drilling program (June-July, 2007):

         Drill              From            To           Feet          Grade
         Hole              (feet)         (feet)                      % eU3O8
        SR07-1              749.5          759.0         9.5           0.019
                                         Including       3.5           0.028
                            774.5          776.5         2.0           0.022
                            779.5          782.5         3.0           0.031
                            801.0          805.5         4.5           0.022
        SR07-2              780.5          785.5         4.5           0.018
        SR07-3              771.0          776.5         5.5           0.022
                            789.5          802.5        13.0           0.056
                                         Including      10.5           0.066
        SR07-4              657.5          665.5         8.0           0.019
        SR07-5              749.0          750.5         1.5           0.022
                            787.5          799.5        12.0           0.030
                                         Including       5.0           0.050
        SR07-6              679.5          681.0         1.5           0.020
                            762.5          772.5        10.0           0.027
                                         Including       4.0           0.042
        SR07-7              765.0          766.5         1.5           0.020
                            824.5          826.0         1.5           0.019
                            832.0          848.0        16.0           0.032
                                         Including       8.5           0.048
        SR07-8              647.5          649.0         1.5           0.018
                            711.5          728.0        16.5           0.034
                                         Including       5.5           0.052
                                         Including       1.5           0.064
                            735.5          738.5         3.0           0.024
        SR07-9              700.5          710.5        10.0           0.119
                                         Including       4.5           0.241
        SR07-10             665.0          672.0         7.0           0.075
                                         Including       3.5           0.133
        SR07-11             589.0          602.5        13.5           0.142
                                         Including       6.0           0.288
                            674.0          676.0         4.0           0.016
        SR07-12             649.0          655.0         6.0           0.030
                                         Including       3.0           0.045
        SR07-13             629.0          632.0         3.0           0.022
                            643.0          644.5         1.5           0.017
                            646.0          648.5         2.5           0.023
        SR07-14             602.0          611.0         9.0           0.031
                                         Including       3.5           0.058
                            645.0          647.0         2.0           0.026
        SR07-15                      No significant values
        SR07-16                      No significant values

    The following table indicates uranium intercepts for the 14 drill holes
completed during the drilling program conducted last year (November-December

         Drill              From            To           Feet          Grade
         Hole              (feet)         (feet)                      % eU3O8
        SR06-1              775.0          785.5        10.5           0.066
                                         Including       2.0           0.146
                            793.0          797.0         4.0           0.031
        SR06-2              735.5          738.0         2.5           0.038
                            755.0          767.0        12.0           0.054
                                         Including       4.0           0.093
        SR06-3              711.5          713.0         1.5           0.031
                            724.0          726.5         2.5           0.031
        SR06-4              650.0          651.5         1.5           0.046
        SR06-5              696.0          696.5         0.5           0.027
        SR06-6              648.5          653.5         5.0           0.031
        SR06-7              631.0          653.0        22.0           Local
                                                                  anomalies to
                                                                 1,000 counts/
        SR06-8              597.5          598.5         1.0           0.025
                            601.5          607.0         5.5           0.021
        SR06-9              613.0          614.0         1.0           0.026
        SR06-10                      No significant values
        SR06-11             740.0          743.5         3.5           0.024
                            754.0          755.5         1.5           0.017
        SR06-12             622.5          625.5         3.0           0.022
                            710.5          714.0         3.5           0.017
                            722.0          725.0         3.0           0.017
        SR06-13             685.0          686.5         1.5           0.024
                            728.5          733.0         4.5           0.016
                            758.0          762.5         4.5           0.018
        SR06-14             542.5          547.5         5.0           0.021
    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 has produced over 850,000 ounces of
gold since 1989. The Company is evaluating the development of its Briggs Mine
in California, as well as the full size of the underground structure there.
The Company has also begun final engineering and feasibility studies on its
Reward gold project in Nevada. Canyon is one of three JV partners in its
Converse-Sand Creek Uranium Joint Venture. For additional information on
Canyon Resources and its projects please visit our website at
    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, projections of favorable geologic
formations, environments and similarities to existing uranium deposits.
Factors that could cause actual results to differ materially from these
forward-looking statements include, among others: the variability of natural
geological settings, the volatility of uranium  prices; potential operating
risks of mining, development and expansion; the uncertainty of estimates of
mineralized material and uranium 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.


    James Hesketh, President and CEO (303) 278-8464
    Valerie Kimball, Investor Relations (303) 278-8464

For further information:

For further information: James Hesketh, President and CEO, or Valerie 
Kimball, Investor Relations, both of Canyon Resources Corporation, 
+1-303-278-8464 Web Site:

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