Ann: Additional High Grade Results from Minim Martap Project, page-2

Another great Ann from Canyon

some snippets

ADDITIONAL HIGH-GRADE RESULTS FROMTHE MINIM MARTAP BAUXITE PROJECT

Canyon Resources Ltd (ASX: CAY) is pleased to report that the very positive results from its ongoing air core drilling campaign have continued in the second and final batch of assays on the Beatrice Plateau at the Minim Martap Bauxite Project in Cameroon. These results demonstrate the project’s thick, high-grade, low contaminant bauxite from surface. HIGHLIGHTS

• Further very high-grade, low contaminant results received from drilling on the Minim Martap Project.

• Drill hole results have significant intersections greater than 50% Al2O3 and low total SiO2.

• Drilling continues to identify profiles with an increased depth of mineralisation, in some locations up to 100% deeper than past drilling results.

• Drilling intersections include: o 6m at 58.19% Al2O3 and 0.92% SiO2 (total) from surface

o 9m at 55.95% Al2O3 and 2.76% SiO2 (total) from surface

o 9m at 54.81% Al2O3 and 1.87% SiO2 (total) from surface

o 10m at 54.57% Al2O3 and 3.33% SiO2 (total) from surface

• Results further confirm the global Tier 1 status of the Minim Martap Project.

• Further assays pending from the Agnes, Raymonde, Gregorine and Danielle plateaux The most recent batch of assays have provided further excellent results from the Beatrice plateau located in the north western corner of the Minim Martap permit. The 250m x 250m drilling grid completed on the Beatrice plateau using