Pan Asia Metals Limited (ASX:PAM) recently conducted a successful site visit at its RK Lithium Project in Thailand, hosting representatives from MOU partner IRPC Public Company Limited and leading Chinese lepidolite processor Yongxing Special Materials Technology Co. Ltd.
The visit, which took place on July 18, 2024, focused on the RK, BT, and KT lithium prospects within the project.
PAM’s Chief Geologist and Technical Director, David Hobby, led the tour, showcasing drill cores from RK and BT, as well as fieldwork results from KT.
Paul Lock, Managing Director of Pan Asia Metals, emphasised the significance of the visit, stating: “The site visit demonstrates the interest PAM’s RK Lithium Project is generating and the importance of the Project’s strategic positioning in Southeast Asia and particularly Thailand, the fourth largest EV producer in East Asia.”
The RK Lithium Project’s location in Thailand, a key player in the region’s electric vehicle manufacturing sector, underscores its strategic importance.
This positioning has attracted the attention of potential partners with expertise in lithium chemical manufacturing.
Notably, the visit revealed that the KT Lithium Prospect features a pegmatite swarm extending 1.5 kilometres in length and 500 metres in width, remaining open along strike.
Individual pegmatite dykes containing abundant lepidolite and muscovite have been interpreted to reach up to 20 metres in width.
The site visit builds upon a non-binding MOU signed between PAM and IRPC in July 2023.
This agreement aims to evaluate the development of linked components in the lithium-ion battery supply chain in Thailand, including a potential lithium mining operation and downstream processing facilities.
As discussions with potential strategic partners continue, Pan Asia Metals is positioning itself to play a significant role in the growing lithium market, leveraging its assets in Thailand’s emerging EV manufacturing hub.