Canyon Gold Corp.'s Wholly Owned Subsidiary Marshall Thomsen Receives Zoning Approval From the Fraser Valley Regional Distric...
16 Giugno 2014 - 3:20PM
Canyon Gold Corp. (OTCQB:CGCC) (The Company) is pleased to announce
that its subsidiary Marshall Thomsen has received zoning approval
on its 20 acre property to build its 90,000 square foot Medical
Marijuana Production and Distribution facility.
In a letter to Marshall Thomsen, FVRD's Director of Planning and
Development Margaret-Ann Thornton states, "Dear Mr. Thomsen: This
letter is further to your letter of May 9, 2014 regarding your
notice to apply to the Minister of Health for a proposed Producer's
License under the MMPR for your property located In Hatzic Valley,
BC. The Property is located within Electoral Area "F" of the Fraser
Valley Regional District.
The property is currently zoned "A-2" by Zoning Bylaw
No.559-1992. This zoning bylaw was recently amended by FVRD zoning
Amendment Bylaw No. 1257, 2014 which was adopted by the Regional
Board on April 23, 2014 to include a definition for medical
marijuana grow operation as follows:
"MEDICAL MARIJUANA GROW OPERATION means the cultivation, growth,
storage or distribution, testing or research of marijuana for
medical purposes as lawfully permitted and authorized under the
applicable federal or provincial law."
Zoning Amendment Bylaw No.1257 also amended the list of
permitted uses in the (A-2) zone to include medical marijuana grow
operation as a permitted use for properties with that designation.
Medical marijuana grow operations as defined above, are considered
a permitted use for the Electoral Area "F".
A major step forward!
"Finding a marijuana friendly jurisdiction was a critical step
that will allow Marshall Thomsen to execute its business plan under
Health Canada's highly regulated medical marijuana program," said,
Tom Thomsen president of Marshall Thomsen.
CanyonGold's Subsidiaries.
MARSHALL THOMSEN (a wholly owned
subsidiary).
CanyonGold, through its subsidiary, is entering the commercial
production industry of Marijuana, a renewable resource. The
subsidiary has acquired the right to a 20-acre property to build
and establish a production center in the Fraser Valley of British
Columbia. The application for the license has been submitted to
Health Canada and the company received its file number from Health
Canada. The planned new center provides for potential production of
6 million grams of cannabis in the first full year of
operation.
Long Canyon Gold Resources Corp.
'LCGCR' (a wholly owned subsidiary) owns and or
controls through certain options a 100% interest in 310 mineral
lease claims in the Spruce Ridge Area of Nevada and in addition it
controls a 100% interest in 180 mineral lease claims in the Pequop
Mountains of the Long Canyon Trend Area of Nevada. It is the
company's intention to explore its claims for the same type of
target, a large tonnage gold deposit similar to the West Pequop
Mountains Long Canyon type of Carlin Type gold deposit.
The Company continues to seek funding for its Gold
Subsidiary to implement its planned Phase Two exploration program
on its Mineral Claims in Elko County of Nevada.
Visit us at:
www.canyongoldexploration.com with a link to
www.marshallthomsen.com
On behalf of the Board of Directors, Delbert Blewett, President
& CEO
The Company trades on the OTC-BB/QB tier of the OTC
market. Investors can find Real-time quotes and market
Information for the Company on
http://www.otcmarkets.com/stock/CGCC/quote
Forward-Looking Statements
This news release includes certain "forward-looking
statements". All statements other than statements of
historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives or
expected results of the Company, are forward-looking statements
that involve various risks and uncertainties. Forward looking
statements in this news release include that we will carry out an
exploration program and exercise our option to lease additional
claims. There can be no assurance that such statements will prove
to be accurate and actual outcomes and results could materially
differ from what is expressed, implied, or forecasted in
forward-looking statements. Factors which may delay or prevent
these forward-looking statements from being realized include
misinterpretation of data; we may not be able to get equipment or
labor as we need it; we with may not be able to raise sufficient
funds to complete our intended exploration or carry on operations;
that weather, logistical problems or hazards may prevent us from
exploration; that equipment may not work as well as expected; that
analysis of data may not be possible accurately and at depth; and
that despite encouraging data there may be no commercially
exploitable mineralization on our properties. Readers should refer
to the risk disclosures outlined in the Company's most recent
reports filed with the Securities and Exchange Commission.
Canyon gold is pleased to announce that its subsidiary Marshall
Thomsen is attending the weed stock conference.
CONTACT: Company Contact:
Subsidiary: Long Canyon Gold Res. Corp.
1 800 520-9485 Stephen Studdert, President
Subsidiary: Marshall Thomsen Ltd.
1 877 945-1621 Tom Thomsen, President
Email: cgcc@canyongoldexploration.com
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