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Annamite Resources, Completed a 1980m Eight-Hole Scout Drilling Program

Didier Fohlen, CEO of Annamite Resources

29 Aug 2022

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.


Strategic Overview:


  • 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

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