Canyon Resources - CAY (ASX) News & Expert Insights from Stockhead

Canyon Resources Limited (ASX: CAY) is developing the world-class Minim Martap bauxite project in Cameroon, which contains over 1 billion tonnes of high-grade, low contaminant bauxite and has exploration upside.

The project is supported by a Pre-Feasibility Study, underpinned by a large and high-grade Mineral Resource estimate. A maiden 20-year maiden Ore Reserve was completed in August 2020.

KEY PEOPLE

Mr Lawrenson is an experienced mining professional who was previously the Managing Director of Atlas Iron Ltd from 2017 until its acquisition by Hancock Prospecting Pty Ltd.

Prior to Atlas Iron, Mr Lawrenson was Managing Director of a number of ASX listed companies in the mining and mining services sectors. Mr Lawrenson was a senior executive of CMS Energy Corporation in the United States of America and Singapore and this was preceded by an investment banking career.

Mr Gallagher has had extensive experience in senior commercial and operational roles in both private and public companies. He was previously Managing Director of ASX listed Empire Beer Group Ltd, Marketing Manager Western Australia for the Fosters Group for over 14 years and has held various other commercial and general management roles.

Mr Gallagher is the founder of Canyon Resources and has operated in West Africa for the past eight years.

Mr. Netherway received a B.E. in Mining Engineering and a Certified Diploma in Accounting and Finance. Mr. Netherway is a mining engineer with over 40 years of experience in the mining industry.

Mr Netherway is currently the Chairman of Kilo Goldmines Inc.(KGL-TSX-V), Canyon Resources Ltd (CAY-ASX) and Altus Strategies plc(ALS:AIM, ALTS:TSX-V) and a non-executive director at Kore Potash plc(KP2:AIM, ASX & JSE)