viewCanyon Resources Ltd

Canyon Resources studying logistics and transport services for Cameroon bauxite project


Canyon Resources (ASX:CAY) has executed a memorandum of understanding with Bolloré Africa Logistics Cameroon, operators of the Doula port and Camrail SA.

This covers investigation of key logistics and transport services required to develop and operate the Birsok Bauxite Project as a DSO bauxite operation.

Douala Port in Cameroon is directly serviced by the existing Camrail rail line running about 10 kilometres from the Birsok Project to the port.

Initial studies indicate the rail line has the capability and capacity to transport commercial quantities of bauxite to the Douala Port.

The Birsok Bauxite Project is strategically located in an emerging bauxite region of Cameroon, contiguous with the world class Minim Martap bauxite deposit.

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Quick facts: Canyon Resources Ltd

Price: 0.087 AUD

Market: ASX
Market Cap: $43.43 m

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