Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (File No. 333-117235) and on Form S-3 (File Nos. 333-26975 and 333-12245) of Golden Cycle Gold Corporation of our report dated March 29, 2007, which appears in the consolidated financial statements included in this Company’s Form 10-K for the year ended December 31, 2006.

	/s/ Ehrhardt Keefe Steiner & Hottman P.C.
Denver, Colorado
March 29, 2007