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SHARES in Canyon Resources (ASX: CAY) have had a dash after the Cameroon government granted the company exploration permits said to contain a “very large, high grade, low impurity bauxite deposit” called Minim Martap.
Rail in Cameroon will be part of any future Canyon bauxite development
Canyon pointed to a non-current (2004) JORC resource of 550 million tonnes at an average grade of 45.5% total Al2O3 and total 2.
Attractive bauxite project could take shape relatively quickly
Antilles stakes Cuban copper potential
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