Canyon Resources (ASX:CAY) is a mining company developing the Minim Martap Bauxite Project in Cameroon. The Minim Martap project is a world-class bauxite deposit which contains over 1 billion tonnes of high-grade, low contaminant bauxite. Canyon Resources completed a Bankable Feasibility Study for the Minim Martap project in June 2022, which confirmed the project's economic viability.Canyon Resources is currently working to secure funding and the necessary permits to develop the Minim Martap project. The company's objective is to become a leading producer of high-grade bauxite for the global aluminium industry.