TSX.V: DKL
OTC: DKLRF
Last: 0.30
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Company History

Decklar Resources Inc. is currently focused on the appraisal and development of oil fields in West Africa.

The Company was initially established to develop mining opportunities in Vietnam and, over the past decade, focused on the development of the Ban Phuc Project in northwestern Vietnam. The Ban Phuc Project was a massive sulphide nickel resource located 160 km west of Hanoi in Son La Province. The Company sold its interest in the asset in 2018.

A brief history of the Company is provided below.

2020
  • Completed the acquisition of Decklar Petroleum Limited, which holds an economic interest in the Oza Oil Field in OML 11 in Nigeria.
  • Changed the name of the Company from Asian Mineral Resources Ltd. to Decklar Resources Inc. to reflect this strategic shift to focus on appraisal and development opportunities in West Africa.
  • Arranged preliminary funding of US$26 million to re-establish oil production and provide development funding for the Oza Oil Field.
2019
  • Announced an agreement to acquire privately-held Decklar Petroleum Limited, which holds an economic interest in the Oza Oil Field in Nigeria.
2018
  • Completed the divestiture of 90% interest in the Ban Phuc Nickel Mine in Vietnam after mining over 1.1 million Mt of ore over a 3.5 year mine life to export 215,000 Mt of nickel, copper and cobalt in concentrate.
  • Entered into an option agreement with Island Time Exploration Limited for the right to acquire up to a 75% interest in four mineral titles (“the Holt Property”), whose primary focus is volcanogenic polymetallic massive sulphides.
2016
  • Decided to place the Ban Phuc Nickel Mine on care and maintenance status in October.
  • Milled 254,328 Mt of ore to produce 4,272 Mt of nickel and 2,051 Mt of copper contained metal in concentrate, plus cobalt by-products at the Ban Phuc mine.
2015
  • Completed capital development and tailing dam construction at the Ban Phuc mine.
  • Milled 447,746 Mt of ore to produce 8,607 Mt of nickel and 4,011 Mt of copper contained metal in concentrate, plus cobalt by-products at the Ban Phuc mine.
2014
  • Milled 422,456 Mt of ore to produce 6,854 Mt of nickel and 3,439 Mt of copper contained metal in concentrate, plus cobalt by-products at the Ban Phuc mine.
2013
  • Opened Vietnam’s first nickel mine – Ban Phuc, a high grade underground polymetallic project.
  • Invested capital in excess of US$140 million in the project.
  • Achieved >94% national workforce and >80% local procurement.

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