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The Sayabouly Project

The Sayabouly Project
The Sayabouly Project comprises a Concession covering an area of 488km2 and is located in Loei Belt, home to the operating Chatree Mine (>5Moz Au system, with ~1.3Moz Au and ~5.5Moz Ag mined as of 2012).

The Sayabouly Project comprises a Concession covering an area of 488km2 and is located in Loei Belt, home to the operating Chatree Mine (>5Moz Au system, with ~1.3Moz Au and ~5.5Moz Ag mined as of 2012).

Massive Potential: VRL’s concession in Laos is a multi-commodity opportunity, with 14 identified prospects, including Nakhan, Somsavat, and Phu Lon:

  • Nakhan Gold; A combined 9,693 metres of drilling with ore-grade gold results, at surface across a 2.5km2 area. Multiple continuous parallel zones.
  • Phu Lon PGE; interpreted to be an Alaskan style PGE-Ni-Cu system, potential area spans approximately 3.3 km x 17 km, trending north-south
  • Somsavat Copper; anomalous copper occurrences span a 4.5 km x 26 km area

Underexplored Region: This area has seen limited modern exploration, making it ripe for discovery.

High-Grade Targets: VRL has identified promising gold, copper, and platinum group plus critical minerals within the tenement area.

Recent Drilling Success: Our recent drilling programs at Nakhan have yielded encouraging high-grade gold results.

Large-Scale Targets: The areas we're exploring are vast, increasing the chances of finding significant deposits.

Valuation Catalysts

Nakhan Project

High Grade Near Surface Gold Project

Drilling Fly-over

High grade gold bearing veins in granodiorite intruding sedimentary and carbonate rocks. Extensive exploration including; drilling, trenching, soil sampling, geophysics. A combined 9,693 metres of drilling. In March 2024, a diamond drilling program was launched specifically for Nakhan, covering 2,681 meters. This drilling program followed up on prior drilling efforts, which had already covered 7,012 meters.

Historical drill results yielded (Aircore):

  • 00230LRA: 7m @ 4.98 g/t Au (26-33m), including 1m@ 19.75 g/t Au (26-27m), and 1m @ 10.40 g/t Au  (28-29m)
  • 00008LRA: 4m @ 11.57 g/t Au (14-18m), including 1m @ 43g/t Au (16-17m), and 1m @ 2.33g/t (17-18m)
  • 00071LRA: 9m @ 3.23 g/t Au (10-19m), including 4m @ 6.6 g/t Au (11-15m)
  • 00086LRA: 4m @ 3.62 g/t Au (12-16m)
  • 00148LRA: 4m @ 3.01 g/t Au (5-9m)
  • 00181LRA: 3m @ 2.93 g/t Au (18-21m), including 1m @ 5.13 g/t Au (20-21m)

2024 Diamond Drill (DDH) results highlights:

  • NKN010: 1.1m @ 25.6 g/t Au (73.3-74.4m)
  • NKN033: 1m @ 18.5 g/t Au (36-37m)
  • NKN013: 5m @ 4.62 g/t Au (62-67m), including 2m @ 11.15g/t Au (65-67m)
  • NKN016: 3m @ 4.83 g/t Au (15-18m) , including 1m @ 11.55 g/t Au (15-16m)
  • NKN008: 1m @ 9.41 g/t Au (87-88m)
  • NKN022: 4m @ 2.17 g/t Au (19-23m) , including 1m @ 6.26 g/ t Au (21-22m)
  • NKN025: 10m @ 1.31 g/t Au (22-32m) , including 2m @ 4.62 g/t Au (26-27m)
  • NKN026: 1m @ 4.83 g/t Au (47-48m)
  • NKN019: 1m @ 3.45 g/t Au (4-5m) , 1m @ 5.19 g/t Au (14-15m)
  • NKN028: 1m @ 3.14 g/t Au (52-53m)

Phu Lon Project

Platinum Group Elements, Cobalt, Nickel, Copper, Chrome, Iron

Phu Lon - Ultramafic ridgeline

Phu Lon Prospect: The ultramafic intrusion contains mineralisation of Platinum Group Elements (PGE), Nickel, Copper, Cobalt, and Chromium. Previous exploration, which included extensive drilling and trenching, has returned compelling results. The potential area spans approximately 17 km x 3.3 km, trending north-south.

Somsavat Project

Copper

Somsavat Copper Prospect: Located in the western part of concession area. Stream sediment and rock chip copper anomalies. Notably, stream sediment samples yielded copper concentrations from 120 to 212 ppm, while rock chip samples ranged from 0.9% to 1.52% copper. The anomalous copper occurrences span a 26 km x 4.5 km area, trending north-south. Copper minerals, including native copper, chalcopyrite, bornite, malachite, and azurite, are hosted in andesite, basalt, and quartz-epidote veins.