Canadian resource explorer, Locrian Resources Inc, is active in field-based evaluations in two of SE Asia’s preeminent areas for mineral exploration – Laos and Myanmar - focused on discovering significant gold and copper-gold deposits in these two prospective jurisdictions.
Having established credentials as a credible operator in both jurisdictions, Locrian now boasts a pipeline of 6 Exploration Applications across both countries.
2018 marks a transition in both Laos and Myanmar where new Mining Rules and Regulations have been updated and are now being introduced into Law. As Locrian enters 2018 it holds reasonable expectations that moratoriums on the grant of new licences will be lifted in Laos. And in Myanmar Locrian’s applications have recently moved from the labyrinth of Union Government reviews to the State for local engagement and approvals.
Locrian expects to receive hard-won grant of licensing in both Laos and Myanmar during 2018, and its Exploration Teams are ready to get into the field to prove up the ground.
Locrian’s exceptional Exploration Geologists bring decades of experience from the world’s largest and best mining houses, including Newmont Mining and Anglo American, with significant discoveries to their credit in SE Asia and elsewhere. Locrian’s exploration applications in Laos and Myanmar were selected carefully, and are expected to yield positive results.
Locrian currently has two institutional names on its Share Register – one Intermediate miner and one Major mining house. Locrian seeks a public listing within 2-years.