THE SOKDEE PROJECT
Cu-Au-Mo | Au-Ag | Ni-Cr-Co
MAJOR MINERALIZATION BELT WITH >1 MOZ AU POTENTIAL
Three major Cu-Au-Mo anomalous porphyry-like centers (Mouk, Namthom, and Boundary), with two adjacent high-grade Au-Ag-base metal veins at Spine and Palm, and one potential Ni-Cr-Co target in Mouk West.
Strategic Objective:
Annamite aims to bring near-surface targets to account within 3–5 years and attract a large industry player for long-term targets.
Exploration Summary:
- Recent review of drill core, surface geology, and geophysical/geochemical data identified three surface and near-surface targets.
- Combined potential of 1–1.5 Moz of gold, plus silver and base metals.
- These targets can be advanced through exploration → resource estimation → conceptual study → exploitation within ~3 years.
- Three deeper porphyry targets require more capital and time.
Project Location & Logistics:
- Sokdee and Vangma Projects: ~75 km northwest of Vientiane, ~25 km southwest of new high-speed railway and highway to China.
- Access to abundant water and hydroelectric power.
- Area characterized by low-density rubber plantations and no villages within the Sokdee tenement.
- Field base: Navay village.
- Team: Expatriate Chief Exploration Geologist, senior geologist, three geotechnicians, admin, and community liaison officers.
TECHNICAL UPDATE
2024 DATA:
Total Targets: 6 Sokdee targets mapped in relation to interpreted geology (2022–2024 data).
2023 Exploration Highlights:
New Mouk target discovered (northern tenement).
Multi-element soil geochemistry + IP chargeability anomalies show strong potential.
Geophysical surveys:
Drone magnetics covering Namthom, Mouk, and Mouk West.
Two IP surveys at Namthom and Mouk.
Stage 1 Drilling: 9 RC holes targeting Spine, Palm, and Namthom peripheral zones.
Stage 2 Drilling (Jul–Oct 2023): 4 DD holes (3 at Mouk, 1 at Namthom).
Boundary target confirmed February 2024.
Programs adhere to best international practice since due diligence in 2020.
2022 Exploration Campaign:
Focused on southern tenement.
Activities: soil geochemistry, drone magnetics, and scout drilling (8 DD holes).
Three targets identified: Namthom Porphyry, Palm, and Spine.
INITIAL RESULTS
Discovery Summary:
Identified Cu-Au-Mo porphyry systems with adjacent Au-Ag-base metal prospects.
Key Drill Results:
- Namthom (NT22-003DD): 60m @ 0.22g/t Au, 0.4% Cu, 88ppm Mo from 24m.
- Spine:
- NT23-016RC: 32m @ 0.81g/t Au from surface.
- NT22-007DD (80m away): 12m @ 0.62g/t Au from surface; 2m @ 8.7g/t Au, 40ppm Ag, 6.1% Zn, 0.29% Cu from 32.6m.
- Palm: NT22-006DD: 3m @ 9.2g/t Au, 0.51% Cu, 49ppm Ag from 64m.
- Boundary: High-grade Au gossans + quartz magnetite veining with grab samples up to 4.7g/t Au, 0.16% Cu, 8ppm Mo.
Interpretation:
Confirmed ore-grade porphyry Cu-Au-Mo mineralization.
The 6 km Sokdee porphyry trend shows similarities to Cadia (5 km), Red Chris (4 km), and Oyu Tolgoi (12 km) systems.
Three near-surface porphyry centers hold an exploration target of 900 Mt @ 0.25–0.45% Cu and 0.25 g/t Au.
Molybdenum contributes ~10% of total metal value.
POTENTIAL FOR >1 MOZ AU RESOURCE
Gold Target Summary:
Near-surface oxide-sulfide gold targets at Spine, Palm, Boundary, Namthom West, and Mouk (south) offer the fastest path to open-pit gold mining.
High-grade Au-Cu-Ag-Zn mineralization present at Spine and Palm.
2023 inclined RC drilling confirmed grade continuity at Spine and emerging continuity at Palm.
Gold leach test (2023): 89% gold recovery (fine grinding + cyanidation).
Next Steps (2024 Program):
Inclined short DD holes at Spine and Palm.
RC drill-testing at Palm, Mouk, Namthom West, and Boundary.
Estimated 2024 drill program: 6,360m (DD + RC) + additional sampling.
Estimated cost: USD 1.7 million.
Four-year (2024–2027) budget: USD 28 million covering exploration, land access, community development, and initial studies across Sokdee, Vangma, and Kham Houng.