Altus Strategies Makes Senior Appointment in Egypt
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Altus Strategies Makes Senior Appointment in Egypt

byThe Assay
10 months ago
Reading Time: 2 mins read
Altus Strategies Makes Senior Appointment in Egypt

Altus Strategies Plc (AIM: ALS, TSXV: ALTS, OTCQX: ALTUF) has appointed Mark Campbell to its senior management team with immediate effect.

Mr Campbell has been appointed as the Chairman (Non-Executive) and Director of the company’s 100% owned subsidiary Akh Gold Holdings Ltd and General Manager of the Egyptian branch, that is being incorporated, of that company’s 100% owned subsidiary Akh Gold Ltd.

Steven Poulton, Chief Executive of Altus, noted that Akh Gold has recently been awarded four gold projects covering 1,565 km2 of highly prospective terrain in the Eastern Desert of Egypt.

“We are delighted to welcome Mark to the Altus team, reflecting our commitment to establish a significant gold exploration and development business in Egypt. Mark is based in Cairo and has unparalleled expertise, spanning three decades of operating in the natural resource sector in Egypt,” Mr Poulton said.

“He is the retired former President & CEO of TSX-V listed and Egypt focused Aton Resources Inc and has previously been a consultant to Pharaoh Gold Mines, a subsidiary of LSE and TSX listed Centamin Plc.=

“Mark’s appointment follows the recent award of four gold projects totalling 1,565 sq. km in the highly prospective Eastern Desert of Egypt. Our Egyptian field team has already commenced preliminary reconnaissance work on the ground, with a number of potential hard rock artisanal gold workings being visited. I look forward to updating shareholders on the results of this exercise in due course”.

Mr Campbell is based in Cairo and has over 40 years’ experience in the mining, investment banking and petroleum industries, with 31 of those years being in Egypt. ]

He is the retired former President and CEO of TSX-V listed Aton Resources Inc, having served as a Director between 2009 and 2021. Mr. Campbell was a former consultant to Pharaoh Gold Mines, a wholly owned subsidiary of LSE and TSX listed Centamin Plc. Prior to this he was involved in the drilling and oilfield services business, primarily operating in Egypt and Sudan.

In addition, Mr Campbell has held senior positions with a number of investment banks, including Salomon Brothers Inc, First Boston Corporation and Lehman Brothers Kuhn Loeb Inc. Mr. Campbell studied petroleum geology at Texas Tech University in the United States.

For further information please visit: https://www.altus-strategies.com

Tags: AIMAIM:ALSEgyptFinanceTSXV:ALTS
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