Battery and important metals explorer and developer Pan Asia Metals Limited (ASX: PAM) (‘PAM’ or ‘the Firm’) is happy to report that discipline work on the KT East Lithium Prospect continues to ship robust outcomes and broaden the potential for the prospect.
- Rock-chip sampling continues to reinforce prospectivity
- Zone of ample lepidolite pegmatites 1.5km lengthy and 500m large outline
- Particular person dykes as much as 20m large, many 7-10m large, ranging all the way down to 1m or much less
- Outdated mine dumps containing intensive lepidolite pegmatite improve potential to north
- Hand-held XRF (hhXRF) of rock-chip samples return extremely elevated Li pathfinder components resembling rubidium (Rb) and ceasium (Cs)
- Modelled Li2O grades utilizing Rb regression are supported by the presence of lepidolite and white mica in lots of samples
- KTE prospect has bigger footprint than the RK and BT Lithium Prospects mixed
- Soil sampling on 100m x 25m grid has begun, with related rock-chip sampling and mapping
- Preliminary drill websites recognized, a number of walk-up targets recognized, many extra websites to evaluate
- Drilling scheduled for later this 12 months
Pan Asia Metals’ Managing Director, Paul Lock, stated: “The KT Lithium Prospect is proving to be intensive, and the Li2O mod grades proceed to impress. PAM’s discipline staff has begun a grid-based soil and rock-chip sampling and geological mapping program, with soil sampling being carried out on a 100m x 25m grid. Preliminary gridding reviews have been very encouraging, and we await formal outcomes earlier than offering an replace on this system in per week or so. We’re additionally investigating drill websites, with a number of walk-up drill targets recognized. Drilling is anticipated to begin later this 12 months. KT presents PAM a considerable extension to RK and BT prospects and, with the KT footprint already bigger than RK and BT mixed, KT has the potential so as to add substantial tonnes, which implies potential for an prolonged undertaking life and/or elevated annual LCE manufacturing. These outcomes are feeding into discussions with strategic companions, so the KT exploration success is well timed.”
PAM is happy to supply this replace as its discipline staff continues its exploration program on the KT East Lithium Prospect. This extremely potential zone continues to ship, with further pegmatites found throughout the ongoing rock-chip and mapping program. This replace follows on from PAM’s current ASX announcement dated Might 22, 2024 and titled “RK Lithium Challenge – KT East Lithium Prospect Lepidolite Pegmatite Dyke Swarm – Discovery Footprint Expands”. The lithium pegmatite discipline is recognized over a strike size of roughly 2.4km and a width of not less than 2.4km
The pegmatite dyke swarm stays open and is now bigger than the mixture space of the RK and BT Lithium Prospects mixed. Further pegmatites, or extensions to beforehand mapped pegmatites, have been found, and the sector staff recognized a historic alluvial/eluvial dump, remnants from historic tin mining, the place rock-chips grading 1.74% and 1.64% Li2O mod had been taken. The dump is about 70% Lepidolite pegmatites (see Determine 1 and Image 1). Different dumps and samples are additionally positioned instantly to the west.
Determine 1: RK Lithium Challenge: KT East Li Prospect – Rockchip geochemistry.
Image 1: KT Li Prospect – Historic alluvial/eluvial dump, ~70% lepidolite pegmatite
On this report, pattern particulars and pertinent hhXRF outcomes are offered in Appendix 2 – “Desk 3, KT East Lithium Prospect – hhXRF Rb and Li2O% mod”. Additional technical particulars are offered in Appendix 3, being JORC Desk 1. Acceptable plans are offered on this report.
Rock-chip sampling and mapping has been carried out inside the KT East prospect space, accumulating samples of outcrop, subcrop and float for evaluation. Most of those samples are described as pegmatite, with various quantities of lepidolite and white mica. Lots of the samples are described as weathered. Hand-held X-Ray fluorescence evaluation (hhXRF) was carried out on an informally powdered pattern that reviews to the underside nook of the calico pattern bag. Two separate evaluation per pattern are taken in numerous places, with the typical end result used to report grades. The evaluation was carried out utilizing an Olympus Delta 400hhXRF in Geochem mode with twin beam evaluation for 30 seconds every. The hhXRF reviews 43 components, however not lithium. Reported components embrace lithium pathfinders and related components resembling Rb, Cs, Mn, Ok, Ba, Sn, Ta and Nb. Rb (rubidium) displays a really robust correlation with Li in hhXRF rubidium v laboratory outcomes for Li. This Rb:Li correlation has an R2 of 0.82 based mostly upon 162 earlier rockchip samples from the RK and BT prospects (see Appendix 3, Desk 1). This method has been practiced by PAM for a few years as an correct and value efficient technique of figuring out goal zones rapidly and effectively.
The robust Rb:Li correlation allows a regression system for use to estimate an Li2O grade, herein known as “Li2O% mod”. The regression system is simplified to three x Rb (ppm) = Li2O mod (ppm). The outcomes for Rb and Li2O% mod for brand spanking new samples (20553-20602) collected at KT East are reported in Appendix 2. The Li2O% mod values of those samples vary from 0.01% to three.06% % Li2O, with a mean of 1.14%. Of all 132 samples up to now collected on the prospect, 96 have returned values better than 0.50% Li2O mod, with a mean of 1.19% Li2O mod. The Li2O% mod values are supported by different Li pathfinders recognized by hhXRF, in addition to the presence of variable, however generally ample lepidolite and white mica.
Readers are cautioned that the Li2O% mod values reported are estimates of potential lithium grade based mostly upon the robust correlation between Rb and Li, and a easy regression system utilized to hhXRF outcomes for Rb. The derived Li2O% mod values are supported by the presence of lithium micas within the samples examined. Readers ought to notice the Li2O% mod values should not laboratory high quality outcomes and precise Li2O contents for these samples await affirmation by laboratory evaluation to be undertaken at a later date.
Click here for the full ASX Release
This text contains content material from Pan Asia Metals, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your duty to carry out correct due diligence earlier than performing upon any data offered right here. Please confer with our full disclaimer right here.