Canyon Resources Ltd

Canyon Resources confident in scale and high-grade of bauxite resource at Minim Martap

Canyon Resources Ltd (ASX:CAY) managing director Phil Gallagher speaks to Proactive Investors about the bauxite developer’s Minim Martap project in Cameroon.
“The project has an existing resource of over half a billion tonnes of high-grade bauxite of 46.5% with less than 2% reactive silica,” Gallagher says.
He continues “within that we were able to identify a resource of 49% bauxite which is very high-grade and in the current market high-grade bauxite is a highly desirable commodity."
The company has begun an initial aircore drilling and exploration campaign at Minim Martap targeting untested high-grade bauxite plateaux with the aim of increasing the already substantial resource. 

Quick facts: Canyon Resources Ltd

Price: $0.14

Market: ASX
Market Cap: $62.06 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Canyon Resources Ltd named herein, including the promotion by the Company of Canyon Resources Ltd in any Content on the Site, the Company...



Full interview: American Battery Metals Corporation recruits former Tesla...

American Battery Metals Corporation (OTCQB: ABML) CEO Doug Cole tells Proactive the lithium explorer has hired Ryan Melsert, former R&D manager of Battery Materials Processing at electric vehicles manufacturer Tesla. Cole says Melsert, who holds a degree in Mechanical Engineering, as well...

1 hour, 28 minutes ago


Director/PDMR Shareholding

5 days, 4 hours ago

Total Voting Rights

2 weeks, 5 days ago


on 08/01/2019

Total Voting Rights

on 07/31/2019

Holding(s) in Company

on 07/26/2019

2 min read