() has identified a number of promising areas from its early work on Newmont Mining’s South East Asia database.
The group the former Triple Plate Junction was granted access to Newmont’s exploration information in March.
It said today it had now integrated this with other regional exploration sources of information.
“Our team members have undertaken a technical review of the data and we have completed an initial visit to the region. We are very pleased to report that a number of promising areas have been identified.”
More detailed target assessments are now underway in Myanmar Cambodia and Lao PDR with the objective of in due course making field inspections and licence applications.
Tony Shearer Chairman said: “The new South-East Asian exploration programme is very encouraging.
“We are very excited about the mineral prospectivity and we intend to maintain our patient methodical approach as we seek to establish the company in the region.”
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