Geological Survey Uncovers Potential Deposits in Vangma North

May 2024

by: Leian Mae Dultra, Communications

PROJECT UPDATE

Initial Fieldwork Locates Exciting Copper-Gold Targets at Vangma

In early April, geochemical soil sampling, grab sampling and geological mapping commenced in the northern area of the Vangma tenement ahead of the rainy season in Laos, starting mid to late May. We have already confirmed that the Boundary target extends south into Vangma with gossan grab samples returning values up to 4.7g/t Au and 0.16% Cu. Soil sampling there has also confirmed strongly anomalous gold values in the gossan area, as well as 300m to the east of the gossans. Preliminary elevated pXRF Cu results from the soils coincide with the anomalous Au assay values.

In an entirely different area, 2.5km to the SE of Boundary, mapping has revealed a circular area 1km in diameter of leached cap rock (protolith not yet determined) and a recognizable, adjacent >250m wide diorite body. Grab samples from the cap rocks in particular are highly anomalous with values of up to 0.12% Cu and 47ppm Mo, and are supported by elevated pXRF soil Cu values.

To the north of the leached cap, chlorite-pyrite altered andesites and phyllites host northerly trending, fault-related quartz veins containing pyrite with chalcopyrite and malachite. These have a trend and physical resemblance to the high-grade Spine and Palm intersections along strike to the north in Sokdee.

The sheer volume of fertile andesite/porphyry lithology is far greater at Vangma than in the Sokdee tenement, so stay tuned for further positive news!

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.

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