Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (February 2016)
20 slides from Canyon Resources's investor presentation, Feb 11, 2016
Slide 1: Mineral Exploration in Burkina Faso
Mineral Exploration in Burkina Faso
Slide 2: Canyon's Projects
Canyon’s Projects Little Modern Exploration Until Now, First Drilling Hits 50g/t Gold! Five highly prospective gold projects in the north, east and south of Burkina Faso Tao Project Taparko North Project Derosa Project Wilier Project Pinarello Project Projects along strike from operating multi- mill
Slide 3: Corporate
Corporate Tight Structure, Management and Local Driller Incentivised Canyon Resources Limited ASX:CAY Shares on Issue1 56.5 million Market Cap @ 22c $12.4 million Options on issue (30c & 40c) 12.5 million Cash $2.5 million Top Shareholders Debt $nil 1. Goodman and Co 9.7% Enterprise Value $9.9 milli
Slide 4: Tao Project
° 6 200 km Tao Project MALI y Konkera as Dah as Dah 2Moz Emm). as 2 NIGER ® ® Gold mine © Gold Occurence 2 Granted tenements
Slide 5: Tao Project
Tao Project Untested 20km long shear zone Located in the same greenstone belt as the 6.3m oz Essakane Gold mine An untested 20km long shear zone running through the Project area Multiple shallow artisanal mining operations directly along strike. Exciting hits from initial drilling on the Tondoby pro
Slide 6: Tao Project
Tao Project Untested 20km long shear zone Over 12km of mineralisation with potential open in all directions Parallel structure with similar mineralisation indentifies High grade +200ppb gold anomalism extending to the south Highlight 1.9 g/t Au gold in soil Focus for exploration in the up coming sea
Slide 7: Tao Project
Tao Project Tondoby ,Set to Deliver a First Resource High grade, shallow gold mineralisation Significant RC drilling intercepts include: 10m @ 6.09 g/t Au from 84m 12m @ 3.32 g/t Au from 65m 3m @ 13.90 g/t Au from 72m 11m @ 4.21 g/t Au from 44m 4m composite result highlights include: 8m @ 30.04 g/t
Slide 8: Taparko North Project
® Gold mine © Gold Occurence 2 Granted tenements Konkera as Dah ae a as Dah 2Moz s
Slide 9: Taparko North Project
Taparko North Project Located on the richly endowed Markoye Fault Along strike from the multi million ounce Taparko Gold mine Located along the main sealed road Over 50,000m auger drilling completed in the first exploration season 10,000m+ RAB campaign completed in May 2012, awaiting assay CS Prospe
Slide 10: Taparko North Project
Taparko North Project CS Prospect Large soil anomaly identified from auger drilling 10km long +20ppb gold anomaly High grade core zone of 4km at +50ppb Peak soil results of 1.8g/t Au and 1.18g/t Au 10,000m+ RAB drilling program completed May 2012
Slide 11: Taparko North Project
Taparko North Project Karga Prospect Potential VMS style multi-element deposit Two parallel polymetallic anomalies over 4km Cu in soil up to 0.38% Zn in soil up to 0.21% Initial RAB campaign on Zn anomaly completed
Slide 12: Grass Roots Exploration
MALI 0 200 km Grass Roots Exploration ‘ WKalsaka Deposit Pe 0.5Moz , “ A Bombore Deposit 3.5Moz f (Barre Wi \ | s 1 Lewy, ® Gold mine [e) Gold Occurence [J Granted tenements
Slide 13: Pinarello Project
Pinarello Project Gold Endowed Region 6 tenements covering >1,100km² On the highly prospective Hounde greenstone belt Along strike from the Bondi Project Significant artisanal mining on the project area 8,000m of auger drilling has been completed this season
Slide 14: Wilier Project
Wilier Project Mineralised Gold Belt – First Pass Auger Drilling Completed Located in the same greenstone belt as the Samira Hills gold mine and the Youga Gold mine Two granted tenements over 490km² Artisanal miners in the region, and active on Canyon’s project area 11,500m first pass auger drilling
Slide 15: Derosa Project
Derosa Project Blue Sky Exploration 6 recently granted contiguous tenements covering >1,300km² Entered into a JV with Rumble Resources Regional magnetics highlight an interpreted shear zone Cost effective purchase of a large new project area Initial ground surveys have commenced
Slide 16: Highly Active 2011/2012 Field Season Completed
Highly Active 2011/2012 Field Season Completed Tao Project RC drilling 5,000m + RAB drilling 10,000m + Taparko North Project EM survey RAB drilling 10,000m + on CS Prospect RAB drilling 11,000m + on Karga Prospect Wilier Project First pass11,500m auger drilling Pinarello Project First pass 8,000m+ a
Slide 17: Company Highlights
Company Highlights Opportunity for strong share price growth with excellent leverage to exploration success in West Africa Five highly prospective gold and base metal projects in Burkina Faso Focus on developing the Tao Project Contiguous land packages along strike from operating multi-million ounce
Slide 18: Burkina Faso
Burkina Faso Gényon
Slide 19: Company Disclaimer & Competent Person Statement
Company Disclaimer & Competent Person Statement 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 program and other statemen
Slide 20: Contact Details
Contact Details ASX:CAY www.canyonresources.com.au Phil Gallagher Managing Director Ph: (08) 9413 7300 Email: info@canyonresources.com.au Email: pgallagher@canyonresources.com.au L3 West, 10 Outram St West Perth WA 6005
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