Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (November 2014)
19 slides from Canyon Resources's investor presentation, Nov 19, 2014
Slide 1: Birsok Bauxite Project – Cameroon: Pathway to Development
For personal use only Birsok Bauxite Project – Cameroon Pathway to Development November 2014
Slide 2: Company Disclaimer & Competent Person Statement
Company Disclaimer & Competent Person Statement Forward Looking Statements 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 prog
Slide 3: The Birsok Bauxite Project - Cameroon
The Birsok Bauxite Project - Cameroon Inaugural drilling program returned high-grade, low impurity bauxite mineralisation. Multiple intersections of >50% Al2O3 with low silica. For personal use only High Grade Low Impurity Bauxite Positive results from metallurgical testing. High grade nature of the
Slide 4: Corporate Overview
Corporate Overview Tight capital structure remains For personal use only Capital Structure post-acquisition Ordinary Shares on issue 104.5m Introduction of Altus Strategies as Listed Options on Issue a major shareholder (8m shares) Exercisable @ 6c 40m Exercisable @ 16c 14.1m Unlisted Options on iss
Slide 5: Board of Directors
Board of Directors Rhod Grivas, Non-Executive Chairman For personal use only Geologist with +20 years experience in corporate and technical management of junior exploration companies Executive Chairman Southern Crown Ltd (ASX- SWR), Previously Managing Director of ASX and TSX listed Dioro Exploratio
Slide 6: Project Overview
Birsok Bauxite Project Project Overview Two bauxite licenses (Birsok and For personal use only Mandoum) in central Cameroon covering 1,462km2 Contiguous to the large, high grade Minim Martap deposit Strategically located close (~10km) to operating rail line (with capacity to transport bauxite) RC Ri
Slide 7: Accessible Rail and Port Infrastructure
Birsok Bauxite Project Accessible Rail and Port Infrastructure For personal use only ASX Code: CAY | Page 7
Slide 8: Emerging Aluminium Province
Birsok Bauxite Project Emerging Aluminium Province For personal use only Black symbols showing the plateaux drilled in the Phase 1 drilling program The new Mambal Permit under application (in red outline) ASX Code: CAY | Page 8
Slide 9: 1st Phase Drilling Program Successful
1st Phase Drilling Program Successful For personal use only First phase drilling program completed, 325 RC holes have been drilled for 3,563m Results highlight significant thick, high grade, bauxite mineralisation from surface Significant Intersections include: – 11m @ 51.9% Al2O3 and 2.95% total Si
Slide 10: Phase 2 Exploration
Birsok Bauxite Project – Phase 2 Exploration Phase 2 drilling program to commence as soon as For personal use only possible, post the upcoming wet season. (expected to start in Nov/Dec 2014) 6 wheel drive landcruiser mounted aircore rig has been identified, expected savings on drilling costs. Additi
Slide 11: Multiple Transport and Logistic Options
Birsok Bauxite Project Multiple Transport and Logistic Options Existing rail line runs to port within 10km of project For personal use only Indicated capacity on the existing rail line to transport bauxite from the project Canyon rail and infrastructure study underway Over €300M to be invested in ra
Slide 12: The Investment Case for Bauxite
The Investment Case for Bauxite Strong fundamentals for the bauxite market: For personal use only Bulk commodity with growing global demand Global consumption of aluminium to double from 41Mt in 2010 to 82Mt in 20251 China imports approximately 60% of its bauxite requirements Uncertainty regarding l
Slide 13: Aluminium Production Increase Drives Demand for Bauxite
Aluminium Production Increase Drives Demand for Bauxite 5-6 tonnes of bauxite is required to produce 1 tonne of aluminum For personal use only Source: Bauxite Long Term Market Outlook, 2013 (CRU) ASX Code: CAY | Page 13
Slide 14: The Transaction
Birsok Bauxite Project - The Transaction Canyon is acquiring up to 75% interest in the Birsok Bauxite For personal use only Project, Cameroon 1,2 Initial Consideration minimises cash outlay and dilution $150,000 cash payment (to be paid) 8 million Canyon shares Canyon to spend $2 million to earn 51%
Slide 15: Project Partner – Altus Strategies
Project Partner – Altus Strategies For personal use only Altus Strategies will become one of Canyon’s largest shareholders, with 8 million shares post completion of the acquisition of the Birsok Project Successful history of discovery and development of projects throughout the African continent Has
Slide 16: Republic of Cameroon: Stable and Mining Friendly
Republic of Cameroon Stable and Mining Friendly Peaceful and politically stable For personal use only Member of the Commonwealth Officially bilingual (French and English) Capital city is Yaounde (population 2.5 million) Positive tax and regulatory regime Population approx. 20 million Main exports ar
Slide 17: Burkina Faso Gold
Burkina Faso Gold For personal use only Focus on advancing key projects in the 2013/2014 field season Pinarello Project Further testing of the Soukoura, Gaghny and Togoba prospects Taparko North Project High tenor gold soil geochem anomaly Konkolikan Project Initial exploration targeting the trend h
Slide 18: Investment Summary
Investment Summary Portfolio of high quality projects in Africa, targeting company-making discoveries: For personal use only Cameroon: Targeting a long life, premium grade DSO bauxite export operation Burkina Faso: Targeting gold and base metal discoveries across approximately 3,500km2 in a number o
Slide 19: Contact Details
Contact Details For personal use only ASX:CAY www.canyonresources.com.au Phil Gallagher Managing Director Ph: (08) 6143 4256 M: +61 (0)417 980 690 Email: pgallagher@canyonresources.com.au Rhod Grivas Chairman Ph: (08) 6143 4256 Email: rhod@grivas.com.au 353 Rokeby Rd Subiaco, Western Australia 6004
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