Canyon Resources Ltd
Canyon Resources Limited is an Australia-based bauxite resource development and exploration company.
The business
Canyon Resources Limited is an Australia-based bauxite resource development and exploration company. The Company is focused on expediting the development of the high-grade Minim Martap Bauxite project in central Cameroon through its wholly owned subsidiary, Camalco Cameroon SA (Camalco). The Company’s 100% owned Minim Martap Bauxite project is a global direct shipping ore (DSO) project development opportunity. The project is located in central Cameroon and situated near the main rail line linking the region to the Atlantic port of Douala. The project seeks to produce up to 6.4 metric tons of bauxite per annum. The Minim Martap Bauxite Project comprises the Makan, the Ngaoundal and the Minim Martap exploration permits. The Minim Martap and Makan permits are adjacent and are located around 25km from Ngaoundal permit. These permits cover an area of approximately 981 square kilometers (km2).
Share price
Market Statistics
Valuation
Trading Activity
Performance
Latest news
Canyon Resources identifies ‘world class’ high-grade bauxite zone at Minim Martap
Canyon Resources (ASX: CAY) has identified a “world class” high-grade bauxite zone within its Minim Martap project in Cameroon. The high-grade inferred resource zone is within the existing resource and totals 250.9 million tonnes at 50.8% aluminium oxide and 1.9% silicon dioxide. Additionally, more than 50% of the area drilled for the resource grades over […]
Canyon Resources impresses investors with high-grade bauxite discovery at Minim Martap
Canyon Resources (ASX: CAY) has impressed investors this morning with news it has uncovered a “very high-grade” bauxite trend with low contaminants at its Minim Martap project in Cameroon. The new high-grade bauxite trend has been identified within the project’s existing resource which currently sits at 550 million tonnes grading 45.5% aluminium oxide with low […]
Canyon Resources gets go-ahead for Cameroon bauxite project
Canyon Resources (ASX: CAY) today announced the Cameroon government has finally granted the Aussie-listed junior explorer the massive Minim Martap bauxite project. In what has been a protracted negotiation period with the Government of Cameroon spanning the past three years, Canyon has finally been granted three exploration permits comprising the Minim Martap bauxite project for a […]
Looking for charts & signals? See the tab.
Unlock the full research library - free.
Create a free account to access every broker report, CEO interview, IPO alert, and daily market wrap. No credit card. No paywall.