Developing A Global Tier One Bauxite Asset

Canyon Resources Limited (ASX: CAY) is developing the world-class Minim Martap bauxite project in Cameroon, which contains over 1 billion tonnes of high-grade, low contaminant bauxite and has exploration upside.

The project is supported by a Pre-Feasibility Study, underpinned by a large and high-grade Mineral Resource estimate. A maiden 20-year maiden Ore Reserve was completed in August 2020.

US$
291
m
NPV10
5
m tonnes pa
Production rate
37
%
IRR
1.002
b tonne
Mineral Resource
US$
120
m
Capex
4.2
years
Payback period
US$
35.2
/t
LOM average opex
52
%
5-year Product Alumina Grade
2.3
%
Reserve Silica Grade
20
Reserve years modelled
97.3
m tonne
Probable Reserve
51.1
%
Reserve Alumina Grade

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Our Team

Canyon Resources has assembled a Board & Management team with significant experience in exploration and development in Africa, particularly in Bauxite. Our office and site team in Cameroon aims to support local skill development.  We work closely with local government and community leaders to progress the responsible development of Minim Martap.

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