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ASX:CAY

Canyon Resources Ltd

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Market:
ASX
Market Cap:
$64.46 m
Price
0.11 AUD
Change
-8.70%
52 weeks high
0.22
52 weeks low
0.05

In brief

Canyon Resources Ltd (ASX:CAY) agreed to a farm-in transaction to acquire up to 75% of the Birsok Bauxite Project in Cameroon.

Snapshot

The project has the capacity to export a large quantity of the high-grade bauxite with extremely low silica for many decades.