Oxiana is exploring in Thailand through the Thai Goldfields Joint Venture, a joint exploration and generative partnership where Oxiana can elect to earn up to 75% (from 50%) by sole funding the first A$4.75million of exploration expenditure. A further 5% can be earned through sole funding through to a decision to mine.

Work to date has identified mineralisation on two prospects near the Chatree Gold Mine in north-central Thailand.

Regional project generation for additional district scale gold systems continue throughout Thailand with several high potential areas identified for detailed assessment.

Regional reconnaissance in the northern part of Thailand has also identified a number of high level epithermal systems reporting widespread anomalous gold. Follow-up work is in progress to determine potential.