Canyon Resources Limited · ASX:CAY

Canyon Resources — NWR Virtual Small Cap Resource Conference (April 2020)

18 slides from Canyon Resources's conference presentation, April 2020

  1. Slide 1: Minim Martap Bauxite Project Cameroon

    Minim Martap Bauxite Project Cameroon April 2020 Canyon Resources Limited ACN 140087261

  2. Slide 2: Disclaimer

    Disclaimer This presentation is for information purposes only. Neither this presentation nor the information contained in it constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in

  3. Slide 3: The Minim Martap Bauxite Project

    The Minim Martap Bauxite Project A Tier-1, very high-grade, low silica resource: Danielle plateau on the Minim Martap license Total resource of 892 MT @ 45.1% Al2O3 and 2.8% SiO2 (total), includes: • Very high grade zone of 431MT @ 48.8% Al2O3 and 2.6% SiO2 (total) • Strategic mine scheduling shows

  4. Slide 4: The Minim Martap Bauxite Project

    The Minim Martap Bauxite Project Stage-1 uses existing and available rail and Douala port infrastructure: • No rail line upgrades required for Stage-1 start up. • Suitable and available >7m deep port berthing options have been presented to Canyon. Stage-2 upside using Kribi port to unlock higher exp

  5. Slide 5: Project and Infrastructure Locations

    Project and Infrastructure Locations Project locations relative to existing infrastructure. Adjacent to existing and operating rail line. • With capacity to transport 3 Mtpa plus of bauxite in current configuration. Douala Port connects to the current rail line. Kribi deep water port is operational.

  6. Slide 6: A Global Tier 1 Bauxite Resource

    A Global Tier 1 Bauxite Resource The JORC code 2012 compliant Mineral Resource Resource (35% Al2O3 CoG) estimate is 892Mt at 45.1% Al2O3 and 2.8% SiO2.* Tonnes (Mt) ore Alumina Silica Total 892 45.1% Al2O3 2.8% SiO2 The resource has been estimated using ordinary Indicated 839 45.2% Al2O3 2.8% SiO2 k

  7. Slide 7: Most of Minim Martap Project is Undrilled

    Most of Minim Martap Project is Undrilled Large resource upside potential Minim Martap, Makan and Ngaoundal Permits Drilled Plateaux Undrilled Plateaux www.canyonresources.com.au I Page: 7

  8. Slide 8: Canyon Project resource vs major global bauxite projects

    Canyon Project resource vs major global bauxite projects 0 GAC • Total Canyon resource represents Canyon only 50% of available bauxite on High grade zone 2 Metalcorp Canyon the Project. • Existing, available and operational 4 Marc Venture CBG AMC rail and port infrastructure Anglo African Minerals A

  9. Slide 9: Minim Martap compared to the worlds highest grade bauxite mines

    Minim Martap compared to the worlds highest grade bauxite mines • The Minim Martap Project is higher grade than the largest bauxite mines in Guinea. • Comparable mines with similar grade are owned by the world's largest bauxite and aluminium producers. Bauxite Mine Resources & Reserves Bauxite Minin

  10. Slide 10: Global Bauxite Market

    Global Bauxite Market Large scale and continued growth driven by demand Forecast seaborne bauxite market 2010 - 2025 but always in need of high-grade product. 2025 2019 2010 Solomon Islands • The seaborne bauxite market has grown by 255% Sierra Leone since 2010 and forecast to continue to grow. Mont

  11. Slide 11: Stage-1 Mining Product Profile

    Stage-1 Mining Product Profile Stable Stage-1 bauxite grade profile. Minim Martap available alumina Benchmark avilable alumina Minim Martap reactive silica Benchmark reactive silica 55 9 50 7 Alumina % 45 Silica % 5 40 35 3 30 1 Year 1 Year 20 Strategic mine scheduling shows average Stage-1 bauxite

  12. Slide 12: Accessible and Operating Rail Line

    Accessible and Operating Rail Line Camrail passenger and freight train services Currently operational • The existing rail line services from the Douala Port to the Minim Martap Project area. • Currently a daily passenger service and daily freight train from Douala on the line. Existing rail line sui

  13. Slide 13: Stage-1 Development: Export Through Douala Port

    Stage-1 Development: Export Through Douala Port Proposed Douala berth for bauxite export The Douala Port is in operation and is serviced directly by the existing Camrail rail line. 10 .00 • Rail line directly to quayside. 40 0 .0 0 0.0 20 SITE BOUNDARY • Project will integrate with existing faciliti

  14. Slide 14: Stage-2 Development: Kribi Deep Sea Port

    Stage-2 Development: Kribi Deep Sea Port Kribi deep water port The Kribi deep sea port first stage development has The CMA CGM Bianca, post panamax size been completed and is operational. ship (C. 100,000 DWT), being direct ship loaded at the Kribi deep water port • Inner harbor depth of 16m draught

  15. Slide 15: Canyon Resources Ltd Corporate

    Canyon Resources Ltd Corporate Canyon Resources Ltd ASX: CAY Shares on issue 499,170,219 Unlisted options 5 million 20c expire sept 2021 • Listed on the Australian Stock Exchange since Cash (31 March 2020) $2.4 million June 2010 Market capitalisation $50 million • Owns 100% of the Minim Martap Bauxi

  16. Slide 16: Covid-19 Management in Cameroon

    Covid-19 Management in Cameroon • Canyon has implemented guidelines in Cameroon to keep staff safe and well and to ensure work on the Project is on-going. • Local in-country technical team are highly capable and can manage the on-going work requirements. • COVID-19 management measures have not impac

  17. Slide 17: Canyon Resources

    Canyon Resources The Minim Martap Project is a global tier-1 bauxite project • The Project can supply very high grade, low contaminant bauxite consistently for decades. • World class silica to alumina ratios of >25 times. • Minim Martap is comparable to the largest high grade bauxite mines in Guinea

  18. Slide 18: Contact Details

    Contact Details: Phillip Gallagher info@canyonresouces.com.au

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