Location:
105 kms south west of Hanoi, Vietnam
Ownership:
Archipelago (majority) VIMICO (minority)
Project:
In 2006, the Company together with VIMICO prepared and lodged two applications for gold exploration licenses (ELA) in the Cam Thuy - Ba Thuoc gold district in Thanh Hoa province in northern Vietnam. The project areas are located along the Ma River fault system, located south of, and parallel to, the Red River suture (fault) zone which hosts several significant area of gold-copper mineralization in northern Vietnam and southern China.
The main target covered by the two ELAs is a package of clastic and calcareous sediments folded into two large anticline structures which are considered prospective for structurally-controlled "Carlin" style replacement deposits and also possible stratigraphically-controlled "Tefler" style gold mineralization. Known bedrock gold mineralization and substantial unsourced occurrences of alluvial gold are present in the Company's application areas. Commencement of exploration is subject to approval of the applications.
Download the Cam Thuy - Ba Thuoc Gold Project Plan.