Copper Canyon and NovaGold Agree to Delay British Columbia Securities Commission Hearing

Copper Canyon Resources Ltd. ("Copper Canyon" or the "Company") (TSX
VENTURE:CPY) and NovaGold Resources Inc. ("NovaGold") have agreed to reschedule
the hearing at the British Columbia Securities Commission ("BCSC") originally
scheduled for Friday, March 4, 2011. NovaGold has applied to the BCSC seeking to
cease trade Copper Canyon's shareholders rights plan. Copper Canyon has applied
to the BCSC seeking to cease trade NovaGold's hostile take-over bid. The BCSC
hearing has been reset for hearing on Thursday, March 10, 2011.


About Copper Canyon

Copper Canyon Resources was created by way of a Plan of Arrangement on June 9,
2006. Shareholders of Eagle Plains Resources Ltd. (TSX VENTURE:EPL) approved the
plan to reorganize the company's mineral property assets in an effort to
maximize shareholder value. Under the terms of the arrangement, three of Eagle
Plain's projects: Copper Canyon, Severance and Abo (Harrison) Gold, were
transferred into Copper Canyon.


On behalf of the Board of Directors

Tim J. Termuende, President and CEO

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.

Cooper Canyon Resources Ltd (TSXV:CPY)
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