Canyon Resources Attributes Trading Variations to Market Conditions

Canyon Resources Limited (AU:CAY) has released an update.

Canyon Resources Limited recently clarified that no unannounced information explains the trading variations in its securities, attributing the changes to media reports of disruptions in the aluminium supply chain and rising bauxite prices. The company emphasized its focus on developing its Minim Martap project in Cameroon, where a Mining Licence was recently granted, and confirmed compliance with listing rules. While results from ongoing drilling programs are pending, Canyon maintains confidence in the confidentiality of its assay results.

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