May 23, 2007

Dear Valued Investor,

Please see today's press release below, announcing the continuation of drilling at our Converse-Sand Creek Uranium Joint Venture Project.

Best Regards,

	Canyon Resources Corporation
Valerie Kimball Investor Relations 14142 Denver West Parkway, Suite 250 Golden, CO 80401 303-278-8464 Ext. 301 vkimball@canyonresources.com

FOR IMMEDIATE RELEASE: May 23, 2007 PR07-12

CANYON RESOURCES’ URANIUM JOINT VENTURE TO CONTINUE DRILLING Golden, CO — Canyon Resources Corporation (AMEX:CAU), 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 (TSX-V: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. (TSX:EMC; NYSE:EMU).

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 www.canyonresources.com.

This press release includes “forward-looking statements" within the meaning of Section 27A of the Securities Act or 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.

FOR FURTHER INFORMATION, CONTACT: James Hesketh, President and CEO (303) 278-8464 Valerie Kimball, Investor Relations (303) 278-8464