Annamite Resources, Completed a 1980m Eight-Hole Scout Drilling Program
29 Aug 2022
Didier Fohlen, CEO of Annamite Resources
Annamite Resources recently completed a 1980m eight-hole scout drilling program following mapping, collection of 530 soil samples, and a drone magnetic survey.
Annamite Resources recently completed a 1980m eight-hole scout drilling program following mapping, collection of 530 soil samples, and a drone magnetic survey. Consequently, Annamite is proceeding with a $3 million private placement in September - October 2022. Exploration activities are continuing in parallel with fundraising.
Discovering new opportunities in Lao PDR, a highly prospective yet under explored SE Asia country.
Exciting Sokdee Project with positive scout drilling results based on initial geochemical and geophysical surveys.
6km long trending porphyry system at Namthom with at least one central porphyry and Au, Ag, and Zn potentially economic intersections in adjecent different styles of mineralization.
Leveraging its highly experienced in-house technical knowledge and on-the-ground expertise, Annamite Resources' geological team uses its proprietary datasets and extensive local experience to move rapidly to discovery stage.
Tight Share Structure with 48 shareholders and 71.7 million shares outstanding, more than 60% of outstanding shares held by
The management team and Board have more than 50 years of collective exploration experience in Laos
Sokdee Investment and Exploration License approval on 50km2
Nana have acquired 87% of the LHBS company from the original
Initial US$700,000 eight-hole scout drilling program (1,980m) in
Since July 2019, Annamite has raised US$2.9m and plans to raise a
For this new funding round, the price set at 12c per share to reflect