Geophysical Surveys and Scout Drilling
Plans are in place to conduct geophysical surveys and scout drilling on five identified targets across the Vangma project.
Geophysical Surveys and Scout Drilling
Plans are in place to conduct geophysical surveys and scout drilling on five identified targets across the Vangma project.
Sampling and Mapping Activities Progress
Approximately 1,400 soil and rock chip samples are planned for collection; 1,150 samples have been collected, and around 780 have been analyzed by ALS. Completion of all sampling and mapping activities is anticipated by October’s end, with a full regional soil database by November.
Joint Venture Agreement for Exploration at Vangma
A JV Agreement was signed on March 29, 2024, between Annamite and DDC, highlighting potential for Cu-Au-Mo porphyry and orogenic Au. Annamite commenced exploration in early April, and despite monsoon challenges, has made steady progress in soil sampling and geological mapping over six continuous months.
Potential Collaboration with DDC for Vangma Exploration
Discussions started to be underway with DDC about collaborating to explore the Vangma property for precious and base metals. The goal is to upgrade the tenement beyond coal. The Vangma property has excellent infrastructure and accessible conditions, similar to the Sokdee project.
Vangma Tenement Licensed to DDC
The Vangma tenement was issued to DDC Mining Sole Co, Ltd (DDC) in April 2021 for a duration of five years, covering an area of 148 sq.km. DDC is a well-regarded Lao family-owned company.
Porphyry System Extends South
Initial soil geochemistry at Namthom target indicates the porphyry system on the Sokdee property extends south into the neighboring Vangma tenement. The Vangma tenement, covering 148 sq.km, is licensed to Duangchaleun Development Construction Sole Co., Ltd for coal exploration since 2019.
Annamite Resources Holdings Pte. Ltd. (ARH) is a precious and base metals mineral exploration company incorporated in Singapore (# 201915983C) with operations in Laos.
Our local Lao subsidiary Annamite Resources Laos Co., Ltd (# 01-00024196) was established in July 2020.
ANNAMITE IS A MEMBER OF
Singapore Mining Club
ANNAMITE RESOURCES 2024