Canyon Resources Ltd. is pleased to announce that its wholly owned in-country subsidiary, Camalco Cameroon SA , has acquired the 5.3% equity interest in CAMRAIL SA from Total Energies Marketing Cameroun SA . Refer to the Company's ASX announcement dated 7 March 2025 for further information. The acquisition with Total Cameroon was finalised on 14 March 2025, following the internal approval by the Apex Committee of Total [...]
Canyon Resources Ltd. is pleased to announce that the Board of CAMRAIL SA has approved Total Energies Marketing Cameroun SA and Societe d'Exploitation des Bois du Cameroun to enter into two share sale agreements with the Company's wholly owned in-country subsidiary Camalco Cameroon SA . The agreements will see Camalco acquire a strategic 9.1% investment in Camrail as well as secure a position on the Camrail Board upon the [...]
Canyon Resources Ltd. is pleased to provide an update on key development workstreams at the Company's flagship Minim Martap Bauxite Project , located in Cameroon, as the Company continues to make rapid progress toward production. Minim Martap ranks among the world's richest bauxite deposits, underpinned by an Ore Reserve of 109Mt at 51.1% total Al2O3 and 2.0% total SiO2 and a JORC Mineral Resource Estimate of 1,027Mt at [...]
Canyon Resources Ltd. is pleased to announce the appointment of Mr. Dean Horton as Non-Executive Director commencing his role on 19 February 2025. Mr. Horton's appointment supports the Board's strategy of attracting and building a proven, diversified and highly-credentialed team of industry professionals who can grow and develop the Company's Minim Martap Bauxite Project, located in Cameroon, through development and into [...]
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