Ann: Quarterly Report and Appendix 5B, page-3

Also the second part reads that we have results coming anyday? Is this correct? Due to the large amount of drilling already completed?

Or are au-soil results not worth sharing?

Burkina Faso – Joint Venture with Acacia Mining plc

Canyon Resources entered into a joint venture with Acacia Mining plc (Acacia) in March 2015 on the Pinarello and Konkolikan Projects located on the Hounde greenstone belt in south western Burkina Faso. During the period Acacia informed Canyon that it has earnt 75% of the projects having spent the required $1,500,000 on exploration over two years from March 2015.

The Canyon/Acacia joint venture permits are part of a package of permits held by Acacia on the Hounde greenstone belt. Acacia are conducting regional exploration across the project area.

Aircore drilling was commenced by Acacia on the 24th January 2017 as part of the program across the wider Hounde Project area. By the end of March a total of 227 holes for an aggregate of 11,549m have been drilled on 3 regional wide spaced traverses.

The objective of the drilling program was to test Au-in-soil anomalies that are coincident with anomalous termite mound results and interpreted structural/magnetic targets.

An RC drilling program at the southern Gaghny prospect commenced on the 7th March. By the end of the quarter a total of 16 holes for an aggregate of 2,401m had been drilled.

Acacia plan ongoing field work in the second quarter, including, continuing the Aircore drilling program, further field geological mapping, soil sampling and trenching programs.

As well as continuing with data analysis and interpretation, integrating all data including mapping, geochemistry, drilling, IP and magnetic interpretation.