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16.11.2006 – 03:02

Canyon Copper Corp.

Additional Drill Holes at Longshot Ridge Encounter Grades of 3.10%, 2.13% and 1.08% Copper

Las Vegas, Nevada, November 16 (ots/PRNewswire)

Canyon Copper
Corp. (the 'Company' or 'Canyon Copper') (OTCBB: CYOO) is pleased to
announce results from a further six drill holes completed on the
Company's New York Canyon copper project located in the Santa Fe
Mining District, Mineral County, Nevada.
Results were recently received from re-analyses conducted on all
pulps generated from the 2006 drill program. Analyses were completed
by ALS Chemex using their AA62 atomic absorption procedure. Sample
pulps were not analysed in numeric order and therefore drill results
are not provided in the order in which the holes were drilled. The
six holes with analytical results currently available include 06-10R,
12R, 16R, 17C, 18R and 19R. Results for the remaining 18 holes from
the 2006 drill program will be reported once received and reviewed
for accuracy. Reverse Circulation holes are designated "R" and
diamond drill core holes are designated "C". A summary of the results
are as follows:
     HOLE ID                FROM      TO      LENGTH      % Cu
                           (in feet) (in feet)(in feet)
     06-10R                   0         30         30        0.31
     06-12R                   0          5          5        0.35
                             95        220        125        0.38
     Including              195        220         25        0.57
     06-16R                 100        145         45        0.46
     06-17C                  85        115         30        2.13
     06-18R                  40         90         50         0.8
     06-19R                   0         95         95        1.08
     Including               30         50         20         3.1
RC drill 06-10R was drilled to a depth of 200 feet. Sample results
returned 0.31 % copper over a 30 foot interval from surface. The hole
was drilled in the central eastern portion of Longshot Ridge.
Hole 06-12R was drilled to a depth of 265 feet and intersected a
125 foot interval from 95 to 220 feet averaging 0.38% copper,
including a 25 foot interval from 195 to 220 feet averaging 0.57%
copper. This hole was drilled approximately 250 feet south of 06-10R.
Hole 06-16R, located in the south central area approximately 250
feet northeast of 06-18R, returned an average of 0.46 % copper over a
45 foot interval from 100 to 145 feet.
Diamond drill hole 06-17C was drilled near the southern limits of
the mineralized Longshot Ridge zone. This hole returned an average of
2.13% copper over a 30 foot interval from 85 to 115 feet from a skarn
altered horizon within marble. Results from this hole indicate that
the mineralization remains open to the south.
Hole 06-18R, located 450 feet northwest of 06-17C in the southern
area of Longshot Ridge, returned an average of 0.80% copper over a 50
foot interval from 40 to 90 feet. The skarn mineralization
encountered in this hole remains untested to the south.
Hole 06-19R returned an average of 1.08% copper over a ninety five
foot interval starting from surface hosted. Mineralization is hosted
within skarn altered siltstone. Included in this interval is a 20
foot interval from 30 feet to 50 feet that averaged 3.10% copper.
This drill hole is located in the southern area of the Longshot Ridge
copper-oxide zone.
About Canyon Copper
Canyon Copper Corp.'s New York Canyon Property is located in the
New York Canyon area of the Santa Fe Mining District, Mineral County,
Nevada. The project hosts oxide and sulphide copper bearing
mineralization outlined by historical operators. The most advanced of
these zones is the Longshot Ridge copper oxide deposit. This zone has
not been completely outlined and remains open in all directions. The
Copper Queen mineralized zone is located approximately three
kilometers west of Longshot Ridge and hosts copper and molybdenum
sulphide mineralization. Several additional mineralized areas
identified throughout the New York Canyon property have yet to be
explored.
Canyon Copper has successfully fulfilled its exploration
commitments on the New York Canyon project. Geoffrey Goodall, P.Geo.
is the Exploration Manager for Canyon Copper and is responsible for
the design and supervision of the exploration programs.
On behalf of the Board of Directors,
Canyon Copper Corp.
Bryan Wilson, President
Disclaimer: This Press Release may contain, in addition to
historical information, 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. These
forward-looking statements are identified by their use of terms and
phrases such as " believe," "expect," "plan," "anticipate" and
similar expressions identifying forward-looking statements. Investors
should not rely on forward-looking statements because they are
subject to a variety of risks, uncertainties and other factors that
could cause actual results to differ materially from the Company's
expectations, and expressly does not undertake any duty to update
forward-looking statements. These factors include, but are not
limited to the following, the Company's ability to obtain additional
financing, geological or mechanical difficulties affecting the
Company's planned geological work programs, uncertainty of estimates
of mineralized material and other factors which may cause the actual
results, performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by such forward- looking statements.

Contact:

For further information: Investor Relations, 1-888-331-9326