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Canyon Resources Ltd

Canyon Resources attracts experienced project manager to develop bauxite project

Canyon is developing a tier one direct shipping ore (DSO) bauxite project in Cameroon.

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Additional results from ongoing drilling at Minim Martap are also expected

Canyon Resources Ltd (ASX:CAY) has hired the experienced James Durrant as project development manager for the Minim Martap Bauxite Project in Cameroon.

He is an experienced operations leader, project developer and technical marketing manager bringing relevant experience from BHP Group Ltd (ASX:BHP) and Danakli Ltd (ASX:DNK).

Durrant led the technical, social and environmental studies for Danakali’s Colluli Potash Project and saw the market cap grow from $20 million to $200 million.

READ: Canyon Resources intersects high-grade aluminium up to 50% at Minim Martap Bauxite Project

During late May 2019, Canyon revealed additional positive results from its ongoing aircore drilling program on the Beatrice Plateau at the Minim Martap Bauxite Project.

Drilling on the project is ongoing and will continue through 2019.

Canyon is awaiting assays from the Agnes, Raymonde, Gregorine and Danielle plateaux.

Proactive caught up with the company in March 2019 for an update.

Quick facts: Canyon Resources Ltd

Price: $0.14

Market: ASX
Market Cap: $62.06 m
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Canyon Resources confirms existing railway can transport Minim Martap...

Canyon Resources Ltd (ASX:CAY) managing director Philip Gallagher updates Proactive Investors on the bauxite company’s development of its Minim Martap Bauxite Project in Cameroon.   An initial independent assessment of the existing rail network adjacent to the project concluded...

on 26/3/19

2 min read