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Canyon Resources Ltd

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Market:
ASX
Market Cap:
$88.66 m
Price
0.20 AUD
Change
-2.44%
52 weeks high
0.27
52 weeks low
0.13

In brief

Canyon Resources Ltd (ASX:CAY) agreed to a farm-in transaction to acquire up to 75% of the Birsok Bauxite Project in Cameroon.

Deep dive We explore the investor case for growth companies

Snapshot

  • Canyon picked up Minim Martap exploration licence in Cameroon
  • Feasibility study detailed rail logistics for direct shipping ore
  • Cameroon seeking tenders for the rail line and port extensions