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Canyon Resources upgrades bauxite resource at Minim Martap in Cameroon

Canyon Resources Limited (ASX:CAY) managing director Phil Gallagher updates Proactive on further positive drilling results from the Minim Martap Bauxite Project in Cameroon which have resulted in a resource update.

The results confirm the project’s thick, high-grade, low-contaminant bauxite deposit.

Recent assays from Canyon’s drilling program show higher grades, lower silica and deeper mineralisation than previous results and the company is encouraged by the potential for the project to host a world-class resource.

Quick facts: Canyon Resources Ltd

Price: 0.195 AUD

ASX:CAY
Market: ASX
Market Cap: $86.44 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