THE identification of a second parallel lepidolite pegmatite trend at Viking Mines’ Reung Kiet (RK) Lithium Project has substantially increased the project’s prospectivity with lepidolite being a lithium-rich mica. In November the ASX-listed company announced that it was acquiring Argo Metals Group, which held a 75% in the project.
PRODUCTION of copper cathode at MMG Limited’s Sepon Copper Project in Laos continues to encourage the company as the operation is in transition to lower grade and more complex ores. Production during the December quarter was 10% higher than the corresponding period of 2016 and 12% higher than the previous quarter.
PANAUST Limited is seeking to build on the success of its Phu Kham and Ban Houayxai operations in Laos by exploring other parts of its 2600sqkm contract area. Both operations recorded strong production results in 2016 with Phu Kham also reporting that it has achieved more than 21 months of operations without a lost time injury.
ANGKOR Gold Corp has renewed five exploration licences for an initial three year term with the option to extend a further four years. The Cambodian Ministry of Mines renewed the licences, which total 983sqkm and cover the Andong Meas, Banlung, Koan Nheak, Oyadao and Oyadao South prospects.