Altus Strategies

ALTUS was founded to develop opportunities in the natural resource sector. The company has assembled a team of talented and experienced industry professionals, with the necessary skills and network to access and evaluate numerous opportunities and select those with the highest potential. 

 

Altus Experience Map

ALTUS has a relatively small and highly supportive shareholder base and intends to remain private until such time that the merits of a public listing become overwhelming. However, the shares of our incubated subsidiaries will be listed from an early stage in order to provide them with market accountability and a platform from which their management teams can independently finance and grow the ventures. ALTUS will consider the most suitable market for each subsidiary, based on its geographical focus, risk profile and capital raisings requirements.

 

The Company's long term strategy provides its shareholders with direct and indirect exposure to an actively managed and optimised portfolio of selected resource situations from grassroots exploration through to mine development and provides the market with a number of well managed resource opportunities in which to invest.

 

ALTUS aims to become a leading resource investment house.  

 

 

Altus Capital

Altus Capital Ltd Is the investment manager of Guernsey incorporated Altus Resource Capital (LSE: ARCL) a closed ended investment company. ARC listed on the Specialist Fund Market of the London Stock Exchange on 30 June 2009 and aims to realise significant shareholder value through investments in a concentrated portfolio of junior resource equities. 

 

The Manager has been given responsibility for the discretionary management of the assets of the Company and will conduct the day to day management of the Company's assets (including un-invested cash), subject to the overall supervision of the Directors.

For further information please visit: www.altus-cap.com

 

 

 

Asterion AV 

Asterion AV is an active value investor in fledgling resources companies.

Asterion identifies exceptional investment opportunities in businesses with robust assets and typically capitalized at less than £20m.

 

Asterion's focus is on supporting the management teams of its portfolio companies in order to grow and deliver returns to shareholders. In addition to capital, Asterion is able to provide strategic guidance, technical assistance, flexibility to reduce overheads and increased market awareness. 

 

With a flexible strategy, Asterion can undertake a range of deal sizes, support management teams to restore value and take profits when deemed appropriate. 

 

For further information please visit: www.asterionav.com

 

 

Arabian Gold

 

 

Activity: Gold exploration in Saudi Arabia.

 

Altus Ownership: 50%

 

Overview: Arabian Gold Corporation plc is focused on the discovery of economic gold deposits in the Kingdom of Saudi Arabia.The Company has a portfolio of nine exploration licence applications targeting historical gold districts.

 

Latest Developments: A local operating company is presently being incorporated in Jeddah. Once granted, the first exploration licences will be transferred across and exploration will commence, focusing on the areas of highest priority as defined by the Company's mapping and remote sensing programmes.

 

A phase one programme of rock chip and channel sampling will be undertaken in these areas and the results used to guide follow up exploration and subsequent drilling.

 

For further information please visit: www.arabian-gold.com

 

 

 

Altau Gold

 

 

Activity: Gold & copper exploration in Ethiopia

 

Altus Ownership: 100%

 

Overview: Altau Gold is focused on the discovery of world class gold & copper deposits in Ethiopia with exploration licences being advanced in the Tigray, Afar and Wombera regions of the country.

 

A systematic GIS and remote sensing study undertaken by the Company in 2010 identified priority areas for exploration. On the back of this work the Company applied for and was granted its first exploration licence covering 917km2 in the Wombera region of western Ethiopia. The licence focuses on the copper and gold potential of the Proterozoic-age volcanic and volcaniclastic terrains that form part of the Nubian Arabian Shield. A further 2,293km2 has been granted covering caldera-type epithermal targets in the Afar province of Eastern Ethiopia. Subsequent to a programme of ground reconnaissance an exploration licence covering a further 1,000km2 was granted in January 2011 in the Gubai district of the Tigray province of northern Ethiopia.

 

Latest Developments: Exploration is presently underway in the Tigray and Wombera licences. Systematic stream sediment sampling is being undertaken, in parallel with geological mapping and prospecting. A programme of rock chip sampling within a 20km x 5km north south trending structural zone and a 15km long shear zone will also be completed in the current field programme.

 

In March, Altau recruited four Ethiopian exploration geologists to the team. Trained to MSc level in Economic Geology from the department of Earth Sciences at the University of Mekelle in Tigray, their presence will both provide valuable experience for the individuals while accelerating the Company's field programmes.

 

For further information please visit: www.altaugold.com

 

 

 

Aluvance Plc

 

 

Activity: Gold & base metal exploration in Cameroon and Ethiopia

 

Altus Ownership: 90%

 

Overview: Focussed on the discovery of economic gold and base metal deposits in Africa. Aluvance is currently assembling a portfolio of exploration licences in Cameroon and Ethiopia while expanding activities into north east Africa.

 

The Company holds two bauxite exploration licences (Mandoum & Birsok) covering approximately 2,000km2 in the Adamawa region of northern Cameroon. The licences are strategically located between the Minim-Martap and Ngaoundal bauxite occurrences that are subject to exploration and development by Cameroon Alumina Ltd; a joint venture between Hydromine Inc, Hindalco Industries Ltd and Dubai Aluminium Co. 

 

The Company has undertaken a programme of remote sensing over these licences areas and follow up field exploration programmes which have defined primary bauxite occurrences coincident with weathered plateaus.

 

In June 2011 the Company was granted the 761km2 Laboum licence and thethe 808km2 Bikoula licence. The Laboum licence targets a 30km long regional shear zone in northern Cameroon. Historical mapping has defined a 20km long zone of gold bearing streams and alluvial workings, and reconnaissance exploration began in June 2011.

 

The Bikoula licence is strategically located within a globally significant iron ore corridor in northern Cameroon. The licence contains 13.7km of mapped BIF coincident with large geophysical anomalies, and lies 6km north of Nkout (1.4Bt) and 160km northwest of Mbalam (2.4Bt) deposits. The licence is within 30km of proposed iron ore rail line to deep water port 270km to the west. A reconnaissance programme is underway

 

For further information please visit: www.aluvance.com

 

THE BOARD

David Netherway (Non-executive Chairman)

 

Mr. Netherway received a B.E. in Mining Engineering from the University of Melbourne in 1975 and a Certified Diploma in Accounting and Finance from the Chartered Association of Certified Accountants in the United Kingdom in 1985. Mr. Netherway is a mining engineer with over 30 years of experience in the mining industry. He was until the recent takeover by Gryphon Mineral Ltd (GRY-ASX), the CEO of Shield Mining Limited, an Australian listed company exploring for gold and base metals in Mauritania. Prior to this, Mr. Netherway served as the CEO of Toronto listed Afcan Mining Corporation, a China focussed gold mining company which was successfully taken over by Eldorado Gold. He is also a former director of Orezone Resources Inc. Kazakhgold Ltd and Equigold NL. Mr Netherway is a mine developer and operator who was involved in the construction and development of the Iduapriem, Siguiri and Kiniero gold mines in West Africa and has mining experience which includes Australia, India, Nepal, Oman and Malaysia. Mr. Netherway has also held senior management positions in a number of mining companies, including Golden Shamrock Mines, Ashanti Goldfields and Semafo Inc. 

Mr Netherway is currently the Chairman of African Aura Mining Inc.(AUR-TSX & AAAM-AIM), GMA Resources plc (GMA-AIM) Altus Strategies Ltd and AsterionAV Ltd. He is also a a non-executive director of Gryphon Minerals Ltd (GRY-ASX) and Altus Resource Capital Ltd (ARCL-LSE). 

 

 

Steven Poulton (Chief Executive)

Steven is a founder director and CEO of Altus Strategies Ltd. He holds an Honours degree in geology from Southampton University and a Masters degree in mining geology from the Camborne School of Mines. Steven is a director of Altus Capital Ltd, the investment manager of Altus Resource Capital Ltd [LSE:ARCL]. Steven previously worked for Mano River Resources Inc between 1998 and 2005. In 2002 he co-founded AIM listed Ariana Resources plc [AIM:AAU] and was its Chief Executive between 2004 and 2007. In 2004 he was the founder of African Aura Resources Ltd which listed on the TSX-V in 2008 and through its merger in 2009 with Mano River created African Aura Mining Inc [TSX-V: AUR & AIM: AAAM] where he is a director. He is also a director of Stellar Diamonds plc [AIM:STEL]. Steven has a track record in the exploration sector at identifying opportunities, negotiating agreements, raising venture finance and building talented management teams. He is a Fellow of the Geological Society of London, a Fellow of the Institute of Materials, Minerals and Mining and a member of the Association of Mining Analysts. 

 

Ed Bowie (Executive Director)

Ed Bowie is a director of ALTUS and a director of ALTUS Capital Ltd, the Investment Manager to ALTUS Resource Capital [LSE:ARCL]. He holds an honours degree in Geology from Oxford University and a Masters degree from the Royal School of Mines at Imperial College London. Most recently he worked with EEDA with responsibility for providing finance and strategic advice to growing business in the east of England. He was formerly a Vice President at resource investment bank Ambrian Partners with responsibility for a broad range of capital and M&A transactions for junior and major mining companies. Prior to joining Ambrian Ed worked as an Equity Research Analyst with Salomon Smith Barney and as an exploration geologist with SAMAX Resources before its acquisition by Ashanti Goldfields in 1997. 

 

Matthew Grainger (Non-executive)

Matthew Grainger is a founder director of Altus Strategies and CEO of AsterionAV Ltd, a subsidiary company of Altus Strategies. Matthew is a UK based economic geologist with over 12 years experience in the junior resource sector. He graduated with Honours in Earth Science in 1997 and subsequently completed a Master's degree in Mining Geology at Camborne School of Mines. In 2002, he co-founded AIM listed Ariana Resources [AIM: AAU] where he was Operations Director until 2006. Thereafter, he became the Chief Operating Officer and a director of TSX-V listed African Aura Resources prior to its merger with Mano River in 2009 to become African Aura Mining [TSX-V:AUR / AIM:AAAM]. Matthew is a Fellow of the Geological Society of London and a member of the Association of Mining Analysts.

 

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