Canyon Resources Limited · ASX:CAY
Canyon Resources — Fastmarkets March 2026
17 slides from Canyon Resources's conference presentation, Mar 23, 2026
Slide 1: Developing a Global Tier One Bauxite Project
Developing a Global Tier One Bauxite Project Fastmarkets March 2026
Slide 2: Disclaimer
Disclaimer The following notices and disclaimers apply to this presentation and you are therefore advised to read this carefully before Forward looking statements (Continued) reading or making any other use of this presentation or any information contained in this presentation. This presentation is
Slide 3: Disclaimer
Disclaimer JORC Code Not financial product advice It is a requirement for Canyon to report Exploration Results, Mineral Resources and Ore Reserves in compliance with the 2012 This presentation, and the information provided in it, does not constitute, and is not intended to constitute, financial prod
Slide 4: The Next Major ASX-Listed Bauxite Producer
The Next Major ASX-Listed Bauxite Producer Canyon Resources is rapidly developing its Minim Martap Bauxite Project, located in Cameroon, into production in 2026 Minim Martap is a tier-one bauxite asset, ranking among the world’s highest-grade deposits, with >1.1Bt of Resource including 144 Mt Reserv
Slide 5: Cameroon, a Supportive Mining Jurisdiction
Cameroon, a Supportive Mining Jurisdiction Project and Industry Support Key Cameroon Economic Statistics 20251 (in US$) • World Bank committed US$816M in financing to the Cameroon-Chad Transport Corridor (April Population 30M 2024)2 GDP $57.75B • Loan of ~US$359M from African Development Bank to imp
Slide 6: Delivering on Fast-Track Production Strategy - Key Milestones Completed
Delivering on Fast-Track Production Strategy - Key Milestones Completed 2024 2025 2026 ✓ Mining Convention (July) ✓ Inland Rail Facility (IRF) (February) ✓ Surface miner on site (Q1, 2026) ✓ Mining Licence (September) ✓ Acquisition of 9.1% stake in Camrail (March) • Initial new locomotives and wagon
Slide 7: Minim Martap – MRE and Reserve Upgrade
Minim Martap – MRE and Reserve Upgrade Ore (DMT) Alumina (Al2O3) Silica (SiO2) Total Ore Reserves1 144.0 51.2% 1.7% Proved 133.3 51.2% 1.7% Probable 10.7 51.8% 1.7% Total Mineral Resources2 1,102 45.3% 2.7% Measured 394 46.8% 2.1% Indicated 502 44.7% 2.9% Inferred 206 44.0% 3.4% (1) Ore Reserves rep
Slide 8: Simple Pathway from Resource to Revenue
Simple Pathway from Resource to Revenue Mine & Site Infrastructure Existing Road and IRF Rail and Rolling Stock Port and Shipping • Surface miner arrived Q1, 2026 • Upgrade existing road to 11m width • First locomotive and wagon • Existing Port facility with rail access • Low strip ratio mining top
Slide 9: Commencement of Mining Operations
Commencement of Mining Operations • Surface miner arrived on site at Minim Martap • Commencement of mining operations scheduled Q2 after machine commissioning • Year 1 grade control drilling program completed • Construction of office block and maintenance facilities underway • Construction of local
Slide 10: Rail and Port
Rail and Port • IRF construction 50% completed • First bauxite loading scheduled for May • Locomotives scheduled Douala Q2, 2026 • Port stockpile area under construction, including 200,000tstockpile area and 2 x passing bays • Dredging of access to 6m draught commencing Q2 for 10,000t barge capacity
Slide 11: Impressive Project Economics – CAPEX of US$96M to First Shipment
Impressive Project Economics – CAPEX of US$96M to First Shipment • Minim Martap has strong economics, based on its low CAPEX and existing infrastructure: ANNUAL CASH FLOW IN REAL TERMS ― Stage 1 CAPEX to first ore shipment of US$96M ― Stage 2 CAPEX to 2.1Mtpa US$63M ― Stage 3 CAPEX to 6.5Mtpa US$187
Slide 12: Long-Term Strategic and Supportive Shareholder with Proven African Mining Experience
Long-Term Strategic and Supportive Shareholder with Proven African Mining Experience 0.35 25000000 Volume Last Price 0.3 20000000 0.25 A$0.150 15000000 0.2 A$/Share 0.15 10000000 0.1 5000000 0.05 0 0 June 2024 September 2024 December 2024 March 2025 June 2025 September 2025 December 2025 March 2026
Slide 13: Leading Team With +200 Years of Combined Industry Experience
Leading Team With +200 Years of Combined Industry Experience Management Board of Directors Peter Secker - Chief Executive Officer Mark Hohnen – Non-Executive Chairman Over 40 years of project development experience including 20 years as Involved in the resources sector since late 1970s. Brings exten
Slide 14: A Globally Significant, High-Grade, Long-Life Bauxite Operation
A Globally Significant, High-Grade, Long-Life Bauxite Operation WORLD-CLASS AND LONG-LIFE • Ore Reserve of 144Mt at 51.2% Al2O3 and 1.7% SiO2 + a JORC Mineral Resource BAUXITE PROJECT Estimate of 1,102Mt at 45.3% Al2O3 • Initially targeting high grade 53% Al2O3 and 1.6% SiO2 with very low strip rati
Slide 15: Thank you
Thank you Authorised for release by the Board of Canyon Resources Limited Peter Secker (CEO) info@canyonresouces.com.au Address Canyon Resources Limited 3 Richardson Street West Perth WA 6005 Postal Address Canyon Resources Limited 3 Richardson Street West Perth WA 6005 Registered Address Canyon Res
Slide 16: Appendix – Key risks (1/2)
Appendix – Key risks (1/2) Some of the key risks associated with an investment in the Company are summarised below. These risks and other general risks applicable to all investments in listed securities not specifically referred to, may affect the value of the Shares in the future. Accordingly, an i
Slide 17: Appendix – Key risks (2/2)
Appendix – Key risks (2/2) Definitive Feasibility Study The Company's Definitive Feasibility Study (DFS) released on 1 September 2025 was based on a number of assumptions, estimates and projections, including geological and engineering estimates, which may prove to be inaccurate. The accuracy of any