Southeast Asia Initiative
Venture continues to progress its strategy of targeting South East Asia for exploration opportunities. Venture has identified an extensive belt of “skarn style” mineralisation throughout the region and cotninues to target base and precious metal opportunities.
Venture has established a low cost regional office in Bangkok and continues to build a cost effective portfolio of exploration projects over the medium term.
Venture significantly advanced opportunities in Southeast Asia following the receipt of granted tenure in northern Thailand in June 2015.
The first two prospects named “Pak Yang” and “Thali” are located in the highly prospective Loei Belt, which already hosts world class copper and gold deposits including Kingsgate’s “Chatree” deposit (+5Moz Au*) and PanAust’s “Phu Kham” deposit (1.3Mt Cu, 1.8Moz Au*) (refer to Figure 3).
Work has commenced at both the Thali and Pak Yang prospects, which host identified “skarn” style mineralization. The on-going work programs include detailed geological mapping, rock chip sampling and a first pass soil sampling program.
Prospect location map - Thailand