Canyon Resources Reaffirms Stability in Minim Martap Bauxite Project Estimates

Canyon Resources Limited ( (AU:CAY) ) has provided an announcement.

Canyon Resources Limited has reaffirmed its commitment to the development of the Minim Martap Bauxite Project, emphasizing that there have been no material changes to the previously announced mineral resource and ore reserve estimates. The company continues to rely on the assumptions and technical parameters outlined in earlier announcements, indicating stability in its project forecasts and potential implications for stakeholders.

More about Canyon Resources Limited

Canyon Resources Limited is a mining company focused on developing a globally significant Tier-One bauxite asset. The company is primarily involved in the exploration and development of mineral resources, with a particular emphasis on the Minim Martap Bauxite Project.

YTD Price Performance: 38.89%

Average Trading Volume: 991,417

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$354.8M

For detailed information about CAY stock, go to TipRanks’ Stock Analysis page.