Canyon Resources records further bauxite hits on Djombe

THE DRILL SERGEANT: Canyon Resources (ASX: CAY) has completed further rock chip sampling from the Djombe prospect on the company’s Birsok project in Cameroon, which has returned results of high-grade aluminium oxide.

The company said the rock chips assay results supplement a large, pre-existing database of high-grade results and add further confidence to the potential for Canyon to establish a premium direct shipping bauxite mining operation.

The Djombe prospect is one of several targets within the Birsok project, in which Canyon is earning up to a 75 per cent interest.

 

Djombi prospect current and historical bauxite assay results. Source: Company announcement

 

The company explained the rock chip samples were taken as part of ongoing exploration conducted by Canyon and its joint venture partner to further understand the extent of bauxite mineralisation on the Birsok project.

In addition to the sampling, detailed prospect mapping is underway to more accurately define drill target areas; clearing is underway for the start of first phase of drilling; and an experienced drilling contractor has been appointed.

Assays on 84 rock chip samples recently returned show 90 per cent of samples reporting greater than 50 per cent aluminium oxide, which Canyon said further highlights the high-grade, DSO potential of the project’s bauxite mineralisation.

Assays also showed very low levels of the critical impurity minerals iron oxide and silica with average levels of only 6.9 per cent and 2.2 per cent respectively.

“Canyon is excited by the rapid progress made towards the commencement of the maiden drill program on the Birsok project and high-grade assay results from rock chip sampling at the Djombe prospect, confirming the significant strike extent of some of the major target plateaus and the strong potential for large volumes of high grade bauxite mineralisation on the project,” Canyon Resources managing director Phil Gallagher said in the company’s announcement to the Australian Securities Exchange.

“With our joint venture partner, we have advanced the project with detailed mapping and drill targeting, mobilised a bulldozer to commence access clearances, appointed a drill contractor with local experience and suitable equipment and eagerly await the imminent commencement of drilling operations across all Birsok prospect areas.

“We are confident the first phase reconnaissance program will provide positive results and enable us to quickly move into a subsequent phase of resource definition and detailed work.”

Email: info@canyonresources.com.au

Website: www.canyonresources.com.au