Gold Canyon Resources Inc. is engaged in the acquisition, exploration and development of properties containing or thought to contain valuable minerals. The Company has six wholly owned subsidiaries: Gold Canyon Resources USA Inc., (GCU USA), Gold Canyon Kratz Spring, LLC. (Kratz Spring LLC), Spring Stone Limited, (SSL), Spring Stone Mining Corporation, (SSM), Spring Stone Exploration Inc., (SSE), and Springpole Mining USA (SPM). It is exploring four projects, which are Springpole Gold Project, Cordero Gallium Project, Horseshoe Island Gold Project, and Malawi Rare Earth Element (REE) Project. The Springpole and Horseshoe Island Projects are under the control of the Company, while the Cordero Gallium Project is controlled by GCU USA and the Malawi REE Project is controlled by SSL. The Springpole Gold Project consists of 30 patented claims, 273 staked claims and six leased claims. Favourable Lake Poly-metallic property consists of 27 mineral claims.