Pan Asia Metals prepares for further drilling at Reung Kiet Lithium Project ahead of MRE update

Pan Asia Metals (ASX:PAM) has completed drilling at the Reung Kiet Lithium Project in Thailand for the time-being following the receipt of results for 4 more drillholes.

The company says upon receipt of landholder approvals, further drilling is planned especially to the south where mineralisation remains open.

The Reung Kiet Lithium Project is a hard rock lithium asset where previous open pit mining extracting tin and tantalum from weathered pegmatites was conducted in the early 1970s.

Pan Asia has now completed drilling at Reung Kiet for the moment and is currently awaiting assays for drillholes RKDD095-RKDD102, following diamond core drilling which was launched in March 2021. The results will be included in the forthcoming updated Mineral Resource Estimate (MRE).

The results continue to support the geological model of extensive lithium mineralisation hosted in lepidolite-rich pegmatite dykes-veins and adjacent metasediments. The company says the mineralised zone is currently defined over a strike length of plus 1km and remains open to the north and south and at depth, especially to the south.

Commenting on results, Pan Asia Metals Managing Director Paul Lock says: “The infill results for RKDD094 are in line with expectations and RKDD092 confirms that deposit remains open at depth to the south, which is good news. 

“The infill results for RKDD094 are in line with expectations and RKDD092 confirms that deposit remains open at depth to the south, which is good news”

At Bang I Tum we are testing the exploration target and the extension zone as previously reported, where the non-selective rock chip and channel assays we reported were some of the highest received to date with 44 of 64 samples averaging 1.56% Li2O and 12 samples greater than 2% Li2O.

We are targeting delivery of an inaugural mineral resource for Bang I Tum later this year.”

Pan Asia Metals Limited is a battery and critical metals explorer and developer focused on the identification and development of projects in Asia and elsewhere that have the potential to position the company to produce metal compounds and other value-added products that are in high demand.

The company owns 2 lithium projects and one tungsten project. The projects are located in Thailand, a low cost advanced industrial economy, and fit the company’s strategy of developing downstream value-add opportunities situated in low-cost environments proximal to end market users.

Complementing Pan Asia Metal’s existing project portfolio is its target generation program, aiming to identify desirable assets in the region. It plans to develop its existing projects while also expanding its portfolio via targeted and value accretive acquisitions.

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Images: Pan Asia Metals Ltd
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.