Canyon Resources Limited provided update on the progress of development on the Minim Martap Bauxite Project in Cameroon (Project). The Company has received formal written notification from the Ministry of Mines in Cameroon of the commencement of the process of the negotiation for a Mining convention for the Project. Once finalised, the Mining Convention shall specify all the key terms of the Project between the Company and the State across all areas, including justification and scope of the project, taxes, State participation in the Project, social and environmental obligations, conditions of local employment and other key areas of agreement. Meetings will commence in the coming days, where the Camalco technical team will present the technical aspects of the Project to the Ministry of Mines, the Cameroon State owned mining company, SONAMINES as well as other relevant Government Ministries. Alongside the Mining Convention negotiations, final presentations are being made to villagers throughout the Minim Martap Project area regarding the outcomes of the completed environmental and social studies for the project. Canyon's local subsidiary, Camalco Cameroon S.A. and the Ministry of Environment, Nature Protection and Sustainable Development, are hosting "town hall" style forums in 6 local villages and cities throughout the Project area. The meetings are being held at Ngaoundere, Tibati, Belabo, Ngaoundal, Minim and Martap and occur daily for 5 days in each location. The presentations are an opportunity for people living in the area to ask questions and gain a better understanding of the timing of the commencement of construction of the Project and expected impacts on the local communities.