Canyon Resources appoints Nfon Ekoko Mukete as Non-Executive Director to Camalco Cameroon

The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited has appointed Nfon (Traditional Chief) Ekoko Mukete as a Non-Executive Director of Canyon’s wholly-owned subsidiary company Camalco Cameroon S.A.

Nfon Ekoko Mukete is the ‘Paramount Ruler’ of the Bafaw tribe in the southwest region of Cameroon. Furthermore to Nfon Mukete’s tribal position, he is also an experienced and successful businessman in Cameroon with exposure across various industries and sectors. The Nfon has a B. A (Hons), Development Economics (University of East Anglia, Norwich U.K).

The family of Ekoko Mukete has also made valuable private investments in Cameroon, including interests in MTN Cameroon, the nation’s largest mobile phone network provider. Mukete, as a former Group General Manager of the Spectrum Group, which he held for 15 years managed the establishment of the first MNET International & DSTV franchises (subscription TV channels) in Cameroon and the acquisition of the first and only CNN international license for Cameroon.

However, the Spectrum Group under his management grew to become a diversified media group that included TV program distribution, advertising and media buying as well as owning its Free-to-Air television Station (Spectrum Television - STV).

Phillip Gallagher, the Managing Director of Canyon Resources said, “Welcoming Nfon Mukete to the board of Camalco as a Non-Executive Director is a positive step for the Company and the Minim Martap Project in Cameroon. The Nfon will provide valuable insight and access to high levels of Government and business in Cameroon and across Africa, as well as guidance and advice for Camalco as we progress the permitting and development of the Project.”

“In addition to this, The Nfon’s long-term experience as Chairman of a major financial institution in Cameroon will help guide Canyon and the Camalco board through the local financial landscape as well as contact with African focused funding groups.”

“We warmly welcome The Nfon to the Canyon team and look forward to working with him as we build and operate the Minim Martap Bauxite Project as Cameroon’s first mine.”

Nfon Mukete commented: “I am very happy to join the Calmaco Cameroon SA Board of Directors as a Non-Executive Director. I am excited by the Minim Martap Bauxite Project and can see the enormous benefits for Cameroon by having this important Project come into production.”

“As a traditional ruler in Cameroon and having extensive business experience in the public and private sectors, I believe that I will add a unique perspective to Camalco as the Company looks to fast track its development.”