Ariana’s investment strategy allows diversification by executing selective, high-impact exploration programmes on joint venture opportunities and projects invested in through the Asgard Metals Fund. Through these investments Ariana forms robust business partnerships for the development and construction of projects.
Asgard Metals Pty. Ltd. is a wholly-owned Australian subsidiary of Ariana, now operating as the Asgard Metals Fund (“Asgard”). The remit of Asgard encompasses “Project Catalytic” investments in selected companies with interests in high-quality early-stage exploration project opportunities. Such investments are being made within listed companies and in private companies which are demonstrating the capacity and desire to go public on the ASX or LSE stock exchanges.
Asgard is specifically focused on the discovery stage of mineral exploration projects, where the full capabilities of the Ariana’s in-house exploration team can be brought to bear. Selected projects receive up to AUS$500,000 in capital and time, including expert assistance from the Ariana team.
Current Asgard Investments include:
- Panther Metals
- Pallas Resources
- Annamite Resources
Pallas Resources Limited (“Pallas”), a UK company with several large copper and gold licences in highly prolific mineral belts of Kazakhstan. With an extensive portfolio focused on gold and copper, encompassing over 800km2, Pallas is well-positioned across several of Kazakhstan’s highly prolific mineral belts. These areas are host to several multi-million ounce gold deposits, some of which are in production and under the ownership of western companies.
Panther Metals Limited (Panther) has defined a series of significant gold targets, including the recently discovered 40 Mile Camp anomaly, in a substantially under-explored part of the prolific Laverton Greenstone Belt, Western Australia. Several multi-million ounce gold deposits are located in the vicinity and the infrastructure is substantial, with several processing plants currently running under capacity.
Annamite Resources Holdings Pte. Ltd. is a Singapore-based company with copper and gold licences in Laos, with Annamite’s flagship project, the Sokdee Project (Cu-Au porphyry), located on the exceptionally prospective Phu Kham-Loei Trend. Laos is located towards the eastern end of the continental Tethyan Metallogenic Belt, which constitutes a series of amalgamated metallogenic arcs across the Indochina Peninsula.