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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: 0.12 AUD

ASX:CAY
Market: ASX
Market Cap: $59.9 m
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Full interview: Canyon Resources adds bauxite operational expertise to...

Canyon Resources Limited (ASX:CAY) has taken another big step on the path to developing the world-class Minim Martap Bauxite Project in Cameroon through the appointment of Rick Smith as chief development officer. The company’s managing director Phil Gallagher introduces the new officer to...

on 3/3/20

2 min read