Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (September 2010)
14 slides from Canyon Resources's investor presentation, Sep 10, 2010
Slide 1: Gold Exploration in West Africa
For personal use only Gold Exploration in West Africa ASX: CAY September 2010 Canyon Resources Ltd ABN: 13 140 087 261
Slide 2: Forward Looking Statements and Competent Person Statement
Forward Looking Statements and Competent Person Statement For personal use only Forward Looking Statements This document may include forward‐looking statements. Forward‐looking statements include, but are not limited to, statements concerning Canyon Resources Ltd’s exploration program and other stat
Slide 3: Company Highlights
Company Highlights For personal use only Doing what we said we would do In the 3 months since listing Canyon has: Secured the right to acquire two highly prospective gold projects in Burkina Faso through exercising the option agreement with Askia Sarl Pty Ltd Consistently traded at a premium to its
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Canyon Resources Limited ASX:CAY Board and Management Chairman Rhod Grivas Shares on Issue 1 30,397,000 Managing Director Phillip Gallagher Market Cap @ 33.5 cents $10,182,995 Non Exec. Director Matt Shackleton Options on issue 12,500,000 Non Exec. Director T
Slide 5: West Africa: Acquisition Terms
West Africa: Acquisition Terms For personal use only Canyon has exercised its option with Askia Sarl Pty Ltd to purchase control of the Taparko North and Tao gold projects in Burkina Faso Following the initial payment, and with shareholder approval, Canyon is required, at its election, to issue furt
Slide 6: About Burkina Faso
About Burkina Faso For personal use only A stable democratic country Under explored and highly prospective Modern mining code Strong Government and local support Good infrastructure Source: Ampella Mining Limited 6
Slide 7: Burkina Faso Projects
Burkina Faso Projects For personal use only Canyon has purchased, subject to due diligence, control of two highly prospective gold projects in the North East of Burkina Faso • Taparko North Project • Tao Project Canyon’s projects are along strike from operating multi million ounce gold mines; • Tapa
Slide 8: Burkina Faso Projects
Burkina Faso Projects For personal use only Taparko North Project 3 exploration permits Located on the richly endowed Markoye Fault Along strike from the 2Moz AU Tarparko Gold mine Active artisanal mining Located along the main sealed road Access to water and power Tao Project 1 exploration permit L
Slide 9: Burkina Faso Projects
Burkina Faso Projects For personal use only Initial Exploration Program (Nov 2010 – Feb 2011) Immediately commence initial exploration over the project areas, including; Soils analysis Rock chip analysis Detailed geological mapping In excess of 10,000m of Auger drilling planned to be completed in 20
Slide 10: Burkina Faso
Burkina Faso For personal use only Artisanal mining shafts on the Tao Project Fine gold mined by artisanal miners on the Tao Project Evidence of significant brittle deformation at the Tao Project 10
Slide 11: Cue Goldfields Projects
For personal use only Cue Goldfields Projects Canyon has a highly prospective and contiguous package of land around the historic gold Cue goldfields which has historically produced in excess of 2Moz gold Significant previous drilling results on Canyon’s Cue Projects include: Light of Asia Prospect •
Slide 12: West Africa Peer Comparison
West Africa Peer West Comparison Africa Peer Comparison For personal use only Canyon is undervalued relative to other junior West African gold explorers Gold Explorers $1.3m West African Gold Developers and Explorers 12
Slide 13: Company Highlights
Company Highlights For personal use only Opportunity for strong share price growth with excellent leverage to exploration success in West Africa Canyon has: A binding entitlement to acquire control of two highly prospective gold projects in Burkina Faso along strike from operating multi million ounc
Slide 14: Contact Details
Contact Details For personal use only ASX:CAY www.canyonresources.com.au Phil Gallagher Managing Director Mob: +61 (0)417 980 690 Email: pgallagher@canyonresources.com.au Ground Floor, 10 Outram Street West Perth WA 6005 Tel: +61 8 9213 8908 14
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