Location:
105 kms south west of Hanoi, Vietnam
Ownership:
Archipelago (majority) VIMICO (minority)
Project:
The Company has lodged applications for two exploration licences in the Cam Thuy – Ba Thuoc gold district in northern Vietnam, located on the Ma River fault system, a structure parallel to the major Red River suture, a fault structure which hosts several known areas of gold-copper mineralisation in Vietnam and southern China.
The main targets covered by the licence applications are two large fold structures within clastic and calcareous sediments which are considered prospective for large gold deposits of the Carlin and possibly Telfer style. Outcropping gold mineralisation and substantial unsourced occurrences of alluvial gold occur within the Company’s application areas.
The licence applications have been lodged in the name of Archipelago Resources Plc and VIMICO. In the event that exploration within the licence areas leads to preliminary feasibility work, a joint venture will be formed in which the Company will hold the majority interest.
Download the Cam Thuy - Ba Thuoc Gold Project Plan.