Minim martap project update

Perth, australia, feb. 26, 2025 (globe newswire) -- canyon resources limited (asx: cay) (‘canyon' or the ‘company') is pleased to provide an update on key development workstreams at the company's flagship minim martap bauxite project (‘minim martap' or ‘the project'), located in cameroon, as the company continues to make rapid progress toward production. minim martap ranks among the world's richest bauxite deposits, underpinned by an ore reserve of 109mt at 51.1% total al2o3 and 2.0% total sio2 and a jorc mineral resource estimate of 1,027mt at 45.3% total al2o3 and 2.7% total sio2 the definitive feasibility study (dfs) remains on schedule for completion in q3 2025, with a focus on optimising operational efficiencies, ensuring sustainable economics and confirming the preferred pathway to production.
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