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.

Key Investment Highlights

• Valuable Concession License: The concession area of 488 sq km, positions the company on a very valuable exploration asset, the majority of which remains underexplored.
• Near term production potential. Diamond Drilling has confirmed continuation of high-grade gold veins from surface across a 2.5km² area at Nakhan. This has the potential to be a starter mining operation if an orebody can be defined.
• Extensive Diverse Exploration Targets: A total of 14 prospects have been identified, each presenting distinct opportunities with focuses on various metals, including copper, platinum, and gold. Moreover, numerous additional exploration targets are expected to be discovered across one of the country's largest concession areas, covering 488 km².
• Infrastructure and skilled workforce. The Sayabouly Project benefits from Laos' experience hosting two world-class mining operations: Phubia (PanAust) and Sepon (LXML). These mines have operated profitably for over 20 years, providing a skilled workforce familiar with Australian mining standards.