Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (April 2011)
18 slides from Canyon Resources's investor presentation, Apr 18, 2011
Slide 1: Gold Exploration in West Africa
For personal use only Gold Exploration in West Africa ASX: CAY April 2011 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 Secured additional permits in Burkina Faso, that will double its land holding to over 2,000km2 Copper and Zinc auger soil results have indicated potential for a VMS style deposit on the Taparko North Project over a 2.6km strike. significant anomaly with peak
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 41.2 million Managing Director Phillip Gallagher Market Cap @ 50 cents $20.6 million Non Exec. Director Matt Shackleton Options on issue 12.5 million Exploration Mgr
Slide 5: About Burkina Faso
About Burkina Faso For personal use only A democratic country Under explored and highly prospective Modern mining code Strong Government and local support Good infrastructure Source: Ampella Mining Limited 5
Slide 6: Burkina Faso Projects
Burkina Faso Projects For personal use only Canyon has three highly prospective gold projects in the north of Burkina Faso • Taparko North Project • Tao Project • Derosa Project Canyon’s Taparko North and Tao projects are along strike from operating multi million ounce gold mines; • Taparko (2MozAu)
Slide 7: Burkina Faso Projects
Burkina Faso Projects For personal use only Red tenements are in application 7
Slide 8: Taparko North Project
Taparko North Project For personal use only Taparko North Project Located on the richly endowed Markoye Fault Ground holding recently expanded to include the Tigou and Tyeboko permits Soil sampling and rock chip results have indicated a potential VMS style deposit Along strike from the 2Moz Au Tapar
Slide 9: Taparko North Project
Taparko North Project For personal use only Taparko North Project The artisinal sites are coincident with a regional east – west trending zone of very strong deformation and parallel quartz veining, with several of the veins hosting the artisanal sites 9
Slide 10: Taparko North Project
Taparko North Project For personal use only Rock chip results from the CS2 Prospect Better results include; • 0.96% Cu, 0.83g/t Au, 22.9g/t Ag, 0.79% Pb, 0.76% Zn • 0.85% Cu, 0.87g/t Au, 20.5g/t Ag, 0.71% Pb, 0.67% Zn • 0.84% Cu, 0.46g/t Au, 19.9g/t Ag, 0.69% Pb, 0.68% Zn 10
Slide 11: Taparko North Project
Taparko North Project For personal use only Copper Results from soil samples on the Taparko North Project 11
Slide 12: Tao Project
Tao Project 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 RC drilling due to commence April 2011 Active artisanal mining over 2km Evaluation of historical drill data has identified 2 prospects: Tondoby
Slide 13: Derosa Project
Derosa Project For personal use only Derosa Project 4 contiguous permits covering 1004km² New permits currently under application Regional magnetics highlight an interpreted shear zone Cost effective purchase of a large new project area. Immediately commence initial ground surveys and regional mappi
Slide 14: Burkina Faso
Burkina Faso For personal use only Representatives from Hartleys and Argonaut Securities visiting the Tondoby artisanal site Artisanal gold washing on the Tigou prospect Artisanal mining shafts at Tao stretch on for Fine gold mined by several kms artisanal miners on the Tao Project 14
Slide 15: Burkina Faso
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 15
Slide 16: 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 $700 Market Capitaliation ($M) $100 $600 $50 Market Capitalisation ($M) $500 $0 $400 $300 $200 $100 $0 16
Slide 17: 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: Three highly prospective gold projects in Burkina Faso, two are along strike from operating multi million ounce gold mines Exciting results fro
Slide 18: Contact Details
Contact Details For personal use only ASX:CAY www.canyonresources.com.au Phil Gallagher Managing Director Ph: (08) 9413 7300 Email: pgallagher@canyonresources.com.au L3 West, 10 Outram St West Perth WA 6005 18
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