31
Exploration Report
Exploration Report
continued
u
Sayabouly Project – Lao PDR
With the grant of the prospecting and explora-
tion permit in early 2012, exploration activity 
focused on the definition of an extensive copper 
(Cu), platinum (Pt), chromium (Cr), nickel (Ni) 
stream sediment anomaly within the permit 
area.  Surface geochemistry and mapping has 
defined an extensive multi-element soil anomaly 
over 16 kilometres in length and 700 metres 
width with peak values of 829ppm copper (Cu), 
1.05% nickel (Ni), 1.54 ppm platinum (Pt), and 
0.27% cobalt (Co) and 0.57 ppm palladium (Pd).  
The style of mineralisation is thought to be 
similar to Cu, Platinum Group Element deposits 
such as  the Great Dyke (Zimbabwe) Deposits. 
Three broad spaced trenches were completed 
with another two trenched partially completed 
up until the commencement of the wet season 
with results 2.0m @ 1.73 ppm Pt and a broad 
zone nickel mineralisation including 51 m (853–
904 m) @ 0.96% Ni.  In addition to this prospect, 
several gold occurrences are beginning to take 
shape and recent high grade rockchip samples 
(96.0 g/t Au, 82.7 g/t Au, 53.3 g/t Au, 44.7 g/t 
Au, 30.0 g/t Au and 18.8 g/t Au) in several adja-
cent creeks appear to be defining a gold target 
that will also require drilling at the end of the 
wet season.