Canyon Resources LimitedASX: CAY

Canyon executes strategic agreement for BFS

· Issued by Canyon Resources Limited

Filed with ASX · · 6 pages · English

Summary by 6ix AI

Canyon Resources Limited has announced a strategic agreement with MCC-CIE for a bankable feasibility study on the Minim Martap Bauxite Project. The contract aims to enhance funding options and ensure compliance with funding institutions' requirements. Canyon plans to resume discussions with the Government of Cameroon and other stakeholders in early January. The project is positioned to leverage existing infrastructure for efficient bauxite export.

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