Canyon Resources LimitedASX: CAY

2 Part 2 Port Strategy For Minim Martap

· Issued by Canyon Resources Limited

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Canyon Resources Limited provides an update on its Pre-Feasibility Study for the Minim Martap Bauxite Project, highlighting a two-stage, two-port development strategy. The project aims to utilize existing rail infrastructure for initial bauxite exports through Douala Port, with plans for a later expansion to Kribi deep-water port. The interim economic and technical outcomes are expected to be presented in an upcoming Scoping Study, which will outline the project's viability and strategic pathway. Canyon emphasizes the potential for early production and export while developing the necessary infrastructure for the second stage of the project.

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