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Canyon Resources Accelerates Minim Martap with Major Drilling and CFO Appointment

7:42pm on Thursday 30th of January, 2025 AEDT Mining
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Canyon Resources Accelerates Minim Martap with Major Drilling and CFO Appointment

7:42pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Completion of 1,526-hole RC and diamond drilling program totaling 23,254m
  • JORC Mineral Resource Estimate update and drilling results expected in first half of 2025
  • Underwriting agreement secured for USD 124 million rolling stock acquisition
  • Appointment of experienced CFO Kudzai Mtsambiwa to support financing and development
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