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04 SEPTEMBER 2018 AL CIRCLE

Canyon upgrades bauxite resource for its Minim Martap bauxite project

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Canyon Resources Limited has reportedly upgraded the JORC 2004 resource for its Minim Martap Bauxite Project in the Adamawa region of Cameroon, alongside Canyon’s existing Birsok Bauxite Project, to a JORC 2012 compliant resource.

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The resource has 550 million tonnes of an average grade of 45.5 per cent aluminium oxide and 2.06 per cent of silicon dioxide.

Canyon managing director Phillip Gallagher said “We are very pleased to announce such a substantial JORC 2012 compliant resource just four weeks after securing the Minim Martap Bauxite Project. The resource, more than half a billion tonnes of high-grade, low contaminant bauxite, is significant compared to other bauxite deposits globally.”

He further added, “We have a pathway to increase the size of the deposit by drilling untested plateaux while targeting some of the very high-grade zones within the existing deposit. We are focussed on developing Minim Martap into a long-term, multi-million tonne mining and export Project.”

Followed this, Canyon will reportedly plunge into its next plan and that is to upgrade the existing access to the bauxite plateaux and commence drilling. Currently, it has initiated the preparation for the start of drilling and exploration works. The next steps would be completing upgrades to access tracks to the bauxite following the wet season, finalising drilling programme to target high-grade plateaux resource upgrades and increase the scale of total resource, commence resource upgrade and exploration drilling, and commence local community and stakeholder consultation.


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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