Canyon Resources Limited · ASX:CAY
Canyon Resources — Investor Presentation (May 2019)
19 slides from Canyon Resources's investor presentation, May 10, 2019
Slide 1: Retraction Statement
RETRACTION STATEMENT On 8 May 2019, Canyon Resources Ltd (ASX: CAY) (the Company) lodged an investor presentation with ASX in relation to the Company’s Minim Martap Project, located in ASX Code : CAY Cameroon (Presentation). The Presentation included the following statement: 9 May 2019 • Targeting a
Slide 2: Canyon Resources: An Overview
Canyon Resources | An Overview CANYON RESOURCES AN OVERVIEW DEVELOPING A TIER-1 DSO BAUXITE ASSET APRIL 2019 www.canyonresources.com.au
Slide 3: Disclaimer
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 dist
Slide 4: The Minim Martap Project
T H E M I N I M M A R TA P P R O J E C T D A N I E L L E P L AT E A U X 3 w w w.canyonresources.com.au
Slide 5: Minim Martap Project Highlights
M I N I M M A R TA P P R O J E C T HIGHLIGHTS • Canyon owns 100% of Minim Martap Project and adjacent tenements in Cameroon. • Exceptional high grade results from initial drilling results • Av Al2O3 >53% • Av (t) SiO2 1.8% • Total JORC (2012) resource of 550MT at 45.5% total Al2O3 and 2.06% total Si
Slide 6: Minim Martap Bauxite Project
M I N I M M A R TA P B A U X I T E P R O J E C T 5 w w w.canyonresources.com.au
Slide 7: Minim Martap Mineral Resource
M I N I M M A R TA P M I N E R A L R E S O U R C E RESOURCE TONNES T O T A L A L 2O 3 TOTAL SI02 NO. OF PERMIT CLASS (MILLION) (AVERAGE) (AVERAGE) PLATEAUX Indicated 88 41.8% 1.3% Ngaoundal 3 Inferred 466 46.2% 2.2% Minim Martap 11 Total 550 45.5% 2.06% 14 Including 250 50.8% 1.9% Minim Martap MINER
Slide 8: Minim Martap and Makan Permits: Untested Plateaux
M I N I M M A R TA P A N D M A K A N P E R M I T S U N T E S T E D P L AT E A U X w w w.canyonresources.com.au
Slide 9: Ngaoundal Permit Untested Plateaux
NGAOUNDAL PERMIT UNTESTED P L AT E A U X w w w.canyonresources.com.au
Slide 10: Drilling Under Way: Upgrade and Extend the Resource
D R I L L I N G U N D E R WAY – U P G R A D E A N D E X T E N D THE RESOURCE 9 w w w.canyonresources.com.au
Slide 11: Global Primary Aluminium Consumption
GLOBAL PRIMARY ALUMINIUM CONSUMPTION • Aluminium consumption to forecast grow by 40% over the next 10 years • 100MT of new bauxite annually required to fill aluminium production demand by 2028 • 4-5 tonnes of bauxite required to produce 1 tonne of aluminium World Ex China China w w w.canyonresources
Slide 12: Global Bauxite Mine Production
GLOBAL BAUXITE MINE PRODUCTION • Guinea is forecast to supply over 50% of global bauxite by 2028 • Global bauxite supply risk if there any negative events in Guinea • Opportunity for Cameroon to supply very high grade bauxite, similar to highest grade bauxite from Guinea w w w.canyonresources.com.au
Slide 13: Rail and Port Access
RAIL AND PORT ACCESS PROJECT PERMITS KRIBI DEEP WATER PORT WITHIN 10KM OF IN SOUTHERN CAMEROON AN EXISTING OPERATING IS FULLY OPERATIONAL RAIL LINE AND CAN LOAD PANAMAX CLASS VESSELS • Rail line currently • Capacity to direct ship operating significantly load Panamax size under capacity vessels • Ra
Slide 14: Operating and Accessible Rail and Port
5 Performance O P E R AT I N G A N D Ain C CAfrica ESSIBLE RAIL AND PORT THE KRIBI DEEP SEA P O R T A N D C Container AMRAIL Terminal Development a RAIL LINE of Kribi Deep Sea Port Proje Client: Ministry Developm Contra 793.6M U Constr Expected 13 w w w.canyonresources.com.au
Slide 15: Strategic Infrastructure Partnerships
S T R AT E G I C I N F R A S T R U C T U R E PA R T N E R S H I P S Moto Engil Africa, a Portuguese company that has operated in Africa for more than 70 years. Mota Engil has a major civil construction project underway in Cameroon and is operating numerous major infrastructure and mining projects th
Slide 16: Government Relations & Community Support
G O V E R N M E N T R E L AT I O N S & C O M M U N I T Y S U P P O R T Canyon hosted events with Cameroon’s Consultation and initial ESIA Minister of Mines, Adamawa Region engagement with the local communities Governor and local dignitaries in three towns underway to ensure positive relations close
Slide 17: About Canyon Resources
ABOUT CANYON RESOURCES BOARD AND MANAGEMENT CANYON RESOURCES LTD ASX: CAY Non-Executive Chairman David Netherway Shares (incorporating shares to be 435,276,469* issued in 2019) Managing Director Phillip Gallagher Unlisted Options 5 million Non-Executive Director Emmanuel Correia 20c Expire Sept 2021
Slide 18: The Minim Martap Project
T H E M I N I M M A R TA P P R O J E C T • World-class tier 1 DSO bauxite deposit • Guinea grade and scale bauxite project located in a new jurisdiction • Large high-grade, low contaminant JORC (2012) resource • Substantial very high-grade >50% Al2O3, low contaminant zones < 2% (t) SiO2 within the e
Slide 19: www.canyonresources.com.au
www.canyonresources.com.au