About Us
Location - Laos
Laos is the only landlocked country in Southeast Asia. Nearly three-quarters of the country is covered in mountains and forested hills that are too steep to live on. Travel overland is difficult.
FAST FACTS:
- OFFICIAL NAME: Lao People's Democratic Republic
- CAPITAL: Vientiane
- POPULATION: 7.7 million, 2023 estimate
- GDP (USD$): $15.84 bln
- GDP per capita (USD$): $2,067
- AREA: 236,800 square kilometres
- BORDERS WITH: China, Vietnam, Thailand, Cambodia and Myanmar.
Opportunity Summary
Valesco Resources is a private exploration company offering rare access to an advanced gold and copper exploration project in the Sayabouly Province, northwest of Vientiane, Laos. The project is located approximately 4 hours drive from Vientiane and is accessible by road.
Highly Prospective Region
World class mines developed by Australian companies in the 2000’s underpin the prospectivity of the region.
- Okvau gold mine – Cambodia, Emerald Resources ASX listed (EMR), operational since 2021. The Okvau gold mine 1.2Moz gold resource, in production since 2021
- Chatree Gold mine – Thailand, Kingsgate Consolidated ASX listed (KCN), operational since 2001. The Chatree gold mine 3.8Moz gold resource + 1.8Moz Mined since 2001
- Phu Kham copper-gold mine and Ban Houayxai gold-silver mine – Laos Pan Aust former ASX listed (PNA), operational since 2006 (acquired by Chinese interests in 2015). The Ban Houayxai gold mine >1Moz gold produced since 2012, current production 80Koz/pa
- Sepon copper-gold mine – Laos, Oxiana former ASX listed (OXR), operational since 2002 (acquired by Chinese interests in 2009)
Much of Laos remains unexplored, Valesco has received significant encouragement from Government sources keen to see a resurgence in Exploration using modern techniques and industry professionals.
Sayabouly Gold-Copper Project – Exploration Summary
Initial diamond drilling on a small portion (≈10–15%) of the identified gold-in-soil anomaly has confirmed high-grade mineralisation, indicating the presence of a significant Gold-Copper Porphyry system.
Key Results:
- Rock Chip Assays: Up to 152.0 g/t Au (float) within a 2 km × 1 km Au-Cu soil anomaly.
- Drill Highlights (2024):
- 1.1m @ 25.6 g/t Au (NKN010)
- 1m @ 18.5 g/t Au (NKN033)
- 5m @ 4.62 g/t Au (NKN013, incl. 2m @ 11.15 g/t Au)
Development Potential:
- Starter Mine Opportunity: High-grade veins confirmed over a 2.5 km² area at Nakhan.
- Underexplored Tenure: VRL holds the concession via a clean, fully Australian-owned structure.
- Multiple Targets: Including Nakhan (Au-Cu), Phu Lon (PGE-Ni-Co), and Western Copper (native Cu), hosted in favourable back-arc extensional basin geology.
- Established Mining Region: Supported by Laos’s 20+ year history of world-class mining operations and a skilled local workforce.