Canyon Resources: Cliff Lawrenson joins the board as Chairman, David Netherway steps down

Canyon Resources Limited has announced the re-organization of its Board, which intends to drive the next stage of growth and welcomes mining professional Mr Cliff Lawrenson as Non-Executive Chairman.

Mr Cliff Lawrenson said: “I am very pleased to be joining the Canyon Resources Board at this stage of the Minim Martap Project development. The very high quality, low contaminant bauxite at Minim Martap will stand the test of time as aluminium becomes a critical material in the evolution to electric vehicles and lighter, more energy-efficient construction materials. I am impressed with the recent addition of Peter Su and his interests and having experienced mining professional David Netherway remain on the board. I am looking forward to working with the team as we take this exciting project to production.”

Phillip Gallagher, Managing Director, Canyon Resources, said: “We are very pleased to welcome Cliff Lawrenson to the Canyon Board as Chairman. Cliff brings extensive corporate and mining expertise and experience that will assist Canyon as we develop and commercialise the Minim Martap Project.”

“I thank David and Emmanuel for their ongoing effort and unwavering support for Canyon over the past four and a half years. The key milestone of being granted the Minim Martap Project could not have been achieved without their direct support.”

“I am very pleased that David is remaining on the Canyon Board as a non-executive director, he has been a director of Canyon since March 2014 and Chairman for the last four and a half years. David’s long term mining experience in Africa, and specifically Cameroon, will continue to be enormously helpful as we develop the Minim Martap Project.”

“After four and a half years as an active non-executive director, Emmanuel has elected to step off the Board for personal reasons. We sincerely thank Emmanuel for his efforts and support during his time as a non-executive director.”

Mr David Netherway said, “I am proud of what we have achieved with Canyon since identifying the opportunity to secure the Minim Martap Project in Cameroon. I am happy to step down as Chairman at this point of the Project development and I will continue to support the Company as a non-executive director. I welcome Cliff as Chairman and I am looking forward to working with him on the Canyon Board.”

Canyon Resources is focussed on the development of the 100% owned Minim-Martap Bauxite Project, a direct shipping ore (DSO) project development opportunity in central Cameroon. Canyon is also planning the development of the bauxite Project in a 2 Stage, 2 Port execution programme with initial production exported through the port of Douala.