Located in an area of 4.56km2, Nam He – Huoi Say, Muong Tung Commune, Muong Cha District, Dien Bien Province, Nam He project is regarded as the fourth biggest reserve of copper ores in the Northwest region of Vietnam  and has received favorable attention from the Vietnamese government. Previous surveys have revealed that the copper metal reserve amounts up to 200,000 metric tons.

Our partner, Northern Mining Joint Stock Co., has been granted an exploration license for  a 24-month period to  September 2010 and has strong support from both the central and local governments to come into next stage of exploitation.

OWNERSHIP

Indochina Mining Corporation, a wholly-owned subsidiary of PHI Mining Group, is in the  final stage of negotiation for acquiring up to 51% share of Northern Mining Joint Stock Co.
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