Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (December 2010)
16 slides from Canyon Resources's investor presentation, Dec 16, 2010
Slide 1: Gold Exploration in West Africa
For personal use only Gold Exploration in West Africa ASX: CAY December 2010 Canyon Resources Ltd ABN: 13 140 087 261
Slide 2: Company Disclaimer and Competent Person Statement
Company Disclaimer and Competent Person Statement For personal use only Forward Looking Statements 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 pr
Slide 3: Company Highlights
Company Highlights For personal use only Doing what we said we would do In the 6 months since listing Canyon has: Secured over 1,100km2 of highly prospective gold tenements in Burkina Faso 2 separate transactions with different vendors to consolidate highly prospective gold exploration ground in nor
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Canyon Resources ASX:CAY Board and Management Limited Chairman Rhod Grivas Shares on Issue 1,2,3 38.6 million Managing Director Phillip Gallagher Market Cap @ 45 cents $17.4 million Non Exec. Director Matt Shackleton Options on issue 12.5 million Non Exec. Di
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: Projects
Burkina Faso Projects For personal use only Canyon has purchased two highly prospective gold projects in the North East of Burkina Faso • Taparko North Project • Tao Project Canyon has recently expanded its land holding at the Taparko North Project by acquiring 2 new contiguous tenements Canyon’s pr
Slide 8: Projects
Burkina Faso Projects For personal use only Blue outline demonstrates new tenements, Tigou and Tyekobo 8
Slide 9: Projects: Taparko North Project
Burkina Faso Projects For personal use only Taparko North Project Located on the richly endowed Markoye Fault Ground holding recently expanded to include the Tigou and Tyeboko tenements Along strike from the 2Moz AU Taparko Gold mine Active artisanal mining Auger drilling, soil sampling and rock chi
Slide 10: Projects: Tao Project
Burkina Faso Projects For personal use only Tao Project Located in the same greenstone belt as the 5Moz Au Essakane Gold mine and situated along a parallel structure Active artisanal mining Evaluation of historical drill data has identified 2 prospects: Tondoby Prospect Bandiedaga Prospect RAB drill
Slide 11: Evidence of significant brittle deformation at the Tao Project
Burkina Faso For personal use only Evidence of significant brittle deformation at the Tao Project Artisanal mining Active Tao underground shaft shafts at Tao stretch on for several kms Fine gold mined by artisanal miners on the Tao Project 11
Slide 12: Taparko North workings
Burkina Faso For personal use only Taparko North workings about 400m long Ancient site of gold mining, the holes Taparko North workings about 400m long were made to grind the quartz Active artisanal trench at Taparko North 12
Slide 13: Cue Goldfields Projects
Cue Goldfields Projects For personal use only 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 14: West Africa Peer Comparison
West Africa WestPeer Comparison Africa Peer Comparison For personal use only Canyon is undervalued relative to other junior West African gold explorers $1.3k Gold Explorers 14
Slide 15: 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: Acquired control of two highly prospective gold projects in Burkina Faso along strike from operating multi million ounce gold mines; • Taparko
Slide 16: 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 41 Stirling Hwy Nedlands WA 6009 Tel: +61 8 96389 8100 16
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