With mineralisation at surface, open along strike and depth suited to open-cut mining, Pan Asia Metals says its Reung Kiet lithium prospect maiden mineral resource estimate is the outcome it was looking for.
The company has announced a resource at the prospect in southern Thailand of 45,600 tonnes of lithium oxide or about 113,000t of lithium carbonate equivalent that Pan Asia expects to increase after more drilling.
The figure is calculated at a 0.25 per cent lithium oxide lower cut-off of 10.4 million tonnes at 0.44 per cent lithium oxide, 0.04 per cent tin, 0.16 per cent rubidium, 0.02 per cent caesium and 0.009 per cent tantalum pentoxide.
The resource estimate is based on 7280m of diamond drilling across 46 holes using triple tube methods to maximise core recovery.
Pan Asia says whilst the grade at the prospect is in line with or greater than similar lepidolite projects, the company…
