THAILAND — Pan Asia Metals Limited (ASX:PAM) has announced a major expansion of the anomalous zone at its KT East Lithium Prospect, part of the RK Lithium Project in Southern Thailand.
Recent soil and rock geochemistry results have increased the prospect’s footprint by 2.8 times, signalling the enhanced potential for a substantial lithium resource.
The latest soil sampling has extended the anomalous zone to 2.1 kilometres in length and 1 kilometre in width, a significant increase from previous reports.
This expansion reinforces previously identified rock-chip-defined trends and mapped pegmatites.
The area features pegmatite dykes ranging from seven to 10 metres wide, with some up to 20 metres.
These dykes are stacked and moderately dipping, suggesting the KT East Prospect may be suitable for open-pit mining.
With the recent expansion, the KT East prospect now boasts a larger footprint than the combined RK and BT Lithium Prospects, highlighting its growing importance within PAM’s portfolio.
PAM continues to conduct extensional sampling, detailed mapping, and rock-chip sampling around the Main Zone.
Preliminary drill sites have been identified, with drilling scheduled to commence in the latter half of 2024.
The company is also considering implementing a trenching program, which could serve the dual purpose of site access preparation and further geological investigation.
Paul Lock, Managing Director of Pan Asia Metals, expressed enthusiasm about the results, stating: “These results cement previous reports that the KT Lithium Prospect is extensive, and confirm that the pegmatite field is approximately 2.1 kilometres in length and 1 kilometre wide, 2.8 times that previously reported with most of this captured in the ‘Main Zone’.”
Lock also highlighted the potential economic advantages of the project, noting: “We expect that the RK Lithium Project, like its Chinese lepidolite counterparts, will out-compete many of the hard rock lithium projects on the basis of the cost environment, which applies to both capital and operating costs and proximity to markets for both inputs and end products.”
As Pan Asia Metals continues to advance the KT East Lithium Prospect, these promising developments are likely to inform ongoing discussions with potential strategic partners and shape the company’s future exploration and development strategies in the region.