Cameroon Government advances Minim Martap rail linkHighlights
• Completion of an Independent Feasibility Study examining the Kribi Portextension by the Cameroon Government.
• First stage of the upgrade to the existing Camrail rail line to transportcommercial bauxite tonnages (25-tonne axle loads) completed.
• Cameroon Government calls for tenders to manage an upgrade ofCamrail’s existing rail line and the construction of the Kribi Portextension.
• Canyon has engaged a very highly credentialed and experiencedCameroonian rail engineer to liaise with the government and railoperators.
• The rail link to port is vital to Minim Martap’s development as a globalTier 1 bauxite project.Canyon Resources Ltd (ASX: CAY, “Canyon”) is pleased to report on theprogress of the proposed rail link from its Minim Martap Bauxite Project(“Minim Martap”) in Cameroon to the Kribi Deep Water Port (“Kribi Port”).
CAY Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
