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Canyon Resources Limited (ASX:CAY) is a bauxite resource development and exploration company, focused on expediting the development of the very high grade Minim Martap Bauxite project in central Cameroon, through its in-county subsidary Camalco. Canyon Resources flagship project is supported by its Bank Feasibility Study which confirmed that it is a profitable, long-term mining project, underpinned by a large and high-grade Mineral Resource estimate, for an initial 20 years of mining.
Canyon Resources 100% owned Minim Martap Bauxite project is a globally significant direct shipping ore (DSO) project development opportunity. The project is located in central Cameroon and situated near the main rail line linking the region to the Atlantic port of Douala.
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.