Pan Asia will soon see its maiden resource for its Reung Kiet lithium project delivered as drilling continues to demonstrate numerous zones of lithium-tin-tantalum mineralisation.

Results such as 30.25m @ 0.76% Li2O, 0.03% tin and 103  parts per million (ppm) tantalum from 26.5m (RKDD042) and 6.5m @ 0.63% lithium, 0.12% tin and 78ppm tantalum from 60.9m (RKDD039) further supports the geological model of extensive lithium mineralisation hosted in lepidolite rich pegmatite dykes-veins and adjacent metasediments.

Additionally, the tin and tantalum mineralisation – and other prospective by-products such as rubidium, cesium and potassium – could potentially add to the economics of any future operation.

The lithium market has shown no signs of slowing down while tin has been trading near record prices.

Pan Asia Metals’ (ASX:PAM) infill and extensional drilling is ongoing at the Reung Kiet prospect and will transition to the Bang I Tum prospect 10km to the north.

Managing director Paul Lock stated that drilling has been successful

“The results have been good, with lithium, tin and tantalum, and cesium, rubidium and potassium results being in line or better than PAM’s direct peers,” he added.

“We are also seeing many intersections better than 0.10% tin and these intersections are commonly associated with tantalum values higher than 100ppm.

“Both tin and tantalum have the potential to be valuable by-product credits during beneficiation, especially in the current price environment.”

 

Reung Kiet resource

Drilling at Reung Kiet in southern Thailand is aimed at generating a maiden resource for the project ahead of a Scoping Study that will consider initial production of up to 10,000tpa of lithium carbonate equivalent and associated by-products.

The company is focusing on lepidolite as studies indicate that lithium carbonate and lithium hydroxide projects using it as feedstock typically have the lowest costs and carbon emissions.

The Reung Kiet prospect is a relatively large historical open cut tin mine about 500m long and up to 125m wide with mining of the weathered pegmatites extended up to 25m below surface, to the top of hard rock.

Pan Asia has identified a prospective zone at least 1km long in association with extensive surface indications of lithium in trenching, rock-chips and soil anomalies, which are now supported by drilling results along the whole of the trend.

Lithium mineralisation remains open to the north and south and at depth on many sections.

At Bang I Tum, where drilling is to start soon, the prospective trend is over 1.5km long.

 

This article was developed in collaboration with Pan Asia Metal, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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