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Canyon Resources has drill rig turning at Cameroon bauxite project

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Canyon Resources (ASX: CAY) has moved a drill rig on to its bauxite project in Cameroon to follow up promise from earlier drilling that saw grades of bauxite encountered as high as 50% Al2O3 and low silica.

Drilling will test 15 newly defined targets over the Mandoum and Birsok permits before the onset of the wet season with up to 3,000 metres of aircore drilling.

The Birsok Bauxite Project is located in an emerging bauxite region of Cameroon, contiguous with the world class Minim Martap bauxite deposit and approximately 10 kilometres from an operating rail line and then a journey from Ngaoundal to Douala Port.

Canyon will look to define a sufficient resource to support development of bauxite mining operation.

 

 

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Price: 0.145 AUD

ASX:CAY
Market: ASX
Market Cap: $64.28 m
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