Canyon encounters further high-grades at Birsok

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THE DRILL SERGEANT: Canyon Resources (ASX: CAY) has received further high-grade assay results from recent aircore and reverse circulation drilling at the company’s Birsok bauxite project in central Cameroon.

Canyon said the assay results demonstrate the Birsok project contains thick, high-grade bauxite intersections from surface.

Highlights of recent drilling include:

BRRC130
6 metres at 54.0 per cent aluminium from surface;

BRRC150
7m at 42.7 per cent aluminium from surface;

BRRC158
9m at 39.8 per cent aluminium from surface;

BRRC166
3m at 55.4 per cent aluminium from surface;

BRRC170
6m at 46.7 per cent aluminium from surface;

BRRC188
4m at 49.1 per cent aluminium from surface; and

BRRC212
4m at 54.7 per cent aluminium from surface.

The latest results are from eight plateaux drilled at the Djombi prospect, plus all of the seven Fedal plateaux, and represent approximately two thirds of the total samples the company has submitted.

 

Drilled plateau, Birsok bauxite project. Source: Company announcement

 

The remaining assays, with samples from the Djombi, Baoua and Beka prospects are in the final stages of processing.

Canyon said it expects these to be returned within the next two weeks.

“The continuing return of high-grade assays from many of the plateau targets we drilled confirms the strong DSO (Direct Shipping Ore) potential of the project,” Canyon Resources managing director Phillip Gallagher said in the company’s announcement to the Australian Securities Exchange.

“All prospects with assay results so far show evidence of bauxite mineralisation, and we are especially encouraged by the results from several plateau in the Djombi area, where intersections of greater than 50 per cent aluminium have been returned, representing the strongest results at the project since Canyon and its JV partner, Altus commenced work at Birsok.

“The consistency and geographical spread of the results increase our confidence that the Birsok project will evolve into a significant DSO project.

“Ongoing mapping and prospecting has continued to define additional lateritic bauxite plateau on the project area to follow up.

“We are already planning for the second phase of infill and extension drilling to commence as soon as possible once the wet season has finished.”

Canyon indicated more work is required before it can determine the extent and distribution of the bauxite, the metallurgy of the different bauxite plateaux, and subsequently which plateaux will be identified as targets to be drilled to resource definition stage.

The company has mapping and sampling of additional plateaux around the Djombi prospect area underway in preparation for a second phase of drilling program to commence following the wet season.

Several targets have now been identified for follow up.

Email: info@canyonresources.com.au

Website: www.canyonresources.com.au