US$300,000 Already Raised with Positive Feedback with New Leads and Interest From Major Players.

Didier Fohlen, CEO of Annamite Resources

14 nov. 2022

Our goal is to find Large and/or High-Grade projects to justify significant investment in Laos. Our three current projects, Sokdee, LMD Vangma and Sakai East, already exemplify this objective.

Our goal is to find Large and/or High-Grade projects to justify significant investment in Laos. Our three current projects, Sokdee, LMD Vangma and Sakai East, already exemplify this objective.



Current status of our US$3 million fund raise is about $300k already raised with private investors, ongoing discussions with 3 equity funds, and most importantly we have received overnight confirmation that the 2 major mining companies have shown further interest with a second visit by one and an invitation to make in-person presentations by the other.



Field work on our Sokdee Project has continued throughout September and October despite a very wet end to the monsoon, with Annamite employees and contract partners safely completing surface geochemical and ground geological surveys. Infill soil sampling is now complete on the exciting Mouk target in the Hinherb block, with analytical results awaited. An induced polarization survey was also undertaken over the Namthom porphyry, with positive results received.



Work for November includes infill soil sampling, mapping at the Nakhop target in Fuang block, and additional drone magnetics to the north of the previous survey in the Hinherb block. An induced polarization survey is in planning at Mouk target, ahead of scout drilling.



The Annamite team is leveraging its expertise in negotiation, exploration and early stage development to cover all aspects of the exploration spectrum including geology, mining, environmental/social, permitting and raising funds and building relationships with government and business.