CAY 1.04% 9.7¢ canyon resources limited

Ann: Additional High Grade Results from Minim Martap Project, page-3

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    and more juicy stuff to come

    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 Canyon’s air core drill rig has recorded substantial high grade mineralised holes which are significantly deeper than the current resource, sometimes up to twice the depth.

    The Beatrice plateau has previously reported an inferred (JORC 2012) resource of 38.5 million tonnes at 50.76% Al2O3 and 2.69% SiO2 (total)1 .

    The assay results received from Canyon’s current drill program have generally achieved higher grades, lower silica and deeper mineralised profiles than this previous resource.


    Canyon is awaiting assays from the Agnes, Raymonde (currently with ALS for analysis), Gregorineand Danielle plateaux (currently undergoing sample preparation at Afrigeolabs in Yaounde).Drilling on the project is ongoing and will continue through 2019.

    The Company is currently drillingthe extensive Danielle plateau in the eastern sector of the Minim Martap permit.
 
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