PROFILE
Amanta Resources Ltd. is a TSX Venture listed junior mining company focused on mineral exploration, development and production in Laos, Thailand and the surrounding countries of Southeast Asia.
As a company, Amanta is focused solely on the acquisition and development of copper projects in Laos. The company has acquired an excellent understanding of the developing Lao minerals industry and is confident that it can develop additional project opportunities in the country, by obtaining additional government concessions and/or by negotiating joint venture agreements with holders of existing licences or concessions. Amanta has an established presence in Laos and is the only Canadian company to have been granted a copper exploration and development concession agreement by the Lao government. Along with its strong, experienced project management and technical team, it enjoys a good reputation in the country and has developed excellent government and business contacts over the past five years.
Amanta’s objective is to become a leading junior exploration and development company in the region, based upon the extensive knowledge and experience of its management and technical team, a sound business strategy and an innovative approach to project acquisition and development.
Southeast Asia is receiving growing attention from the international mining industry, particularly from Australian and Canadian juniors, as the geological potential of the region is increasingly recognized. Historically, regional mineral development has suffered from limitations on capital and technical expertise, outdated minerals legislation and, in some countries, political and civil strife. Political and economic developments over the past decade or so have made the region increasingly attractive as an exploration and development target.
In recent years, a number of precious and base metals mines have been commissioned in Thailand, Laos and Vietnam. International companies are pursuing a variety of exploration projects in the region and there are excellent opportunities for entrepreneurial companies, such as Amanta, to assume leading roles in the development of a strong regional mining industry.
Amanta’s senior management and technical personnel have lived and worked in the region for many years. Their combined experience has enabled them to establish valuable contacts and experience with government officials, industry participants, financial instructions and local communities, creating unique advantages for Amanta and providing access to a wealth of information about development opportunities in the region.
Amanta is focused mainly upon precious and base metals projects. It has already assembled an impressive portfolio of properties in Laos and Thailand and has made application for exploration licences for additional properties in Laos and Thailand.
STRATEGY
Amanta’s development strategy is to identify, acquire and systematically evaluate the potential of known mineral occurrences and highly prospective new exploration grounds, in Laos and Thailand, to create early opportunities to finance and develop mines to generate production revenues in the near term.
To execute this strategy, Amanta has assembled a well-qualified and experienced multi-national management and technical team, structured to capitalize on the wide variety of development opportunities available in the region. Key technical, management and support staff is based in Bangkok, Thailand.
While many of the abundant known mineral occurrences throughout the region have been the scene of small-scale mining of high-grade ore, few have been systematically evaluated for their commercial potential. Amanta has acquired – or made direct licence application for – a number of these mineral properties. In Laos, the Company has acquired an exploration area with exceptional and significant outcropping high-grade copper-silver-molybdenum mineralization. In Thailand the properties include the Langu and Surat gold properties in the southern part of the country and in the northern part of the country the Company controls two former high-grade tungsten mines, the Mae Lama and Mae Chedi Tungsten properties. The commercial potential of the properties, either collectively or on a standalone basis, is being evaluated with the goal of developing early sources of production revenues. Initial drill programmes have been completed on the Langu Gold property and the Tungsten properties.
Additional Information: Corporate Structure
