Khao Soon Tungsten Project (Pan Asia Metals 100%)

Project points:

  • Historic Khao Soon Tungsten Mine estimated average grades of 2-4% WO3
  • Over 10 individual prospects, combined prospective strike length ~10km
  • Mineralised zones from surface with peer group leading drill intersections
  • Drill supported Exploration Target, 15 - 29Mt @ 0.2% to 0.4% WO3 (potential quantity and grade is
    conceptual in nature. See Appendix under Important Information)
  • Strong results from recent drilling broadly support Exploration Target model

Project highlights:

  • Khao Soon mine production to 1979:
    • Historic production grades est. at 2-4% WO3
    • In 1974 USGS personnel reported that the high grade material being mined has an estimated wolframite content of 20%
  • To date 41 diamond core holes for a total of 3,514m
    • Drilling highly successful, discovering near surface intersections containing good tungsten grades over considerable widths.
  • Drill supported Exploration Target (ET) 15-29Mt @ 0.2%-0.4% (potential quantity and grade is conceptual in nature. See Appendix under Important Information)
  • WO3 defined in accordance with the JORC Code (2012)
    • ET generated with information from drill holes KSDD001-022
    • ET model supported by recent drilling (KSDD023-041, 1,602m)
  • Hard rock tungsten (wolframite) mineralisation generally hosted in high grade breccia
  • Extensive oxide hosted tungsten mineralisation:
    • Tungsten in thick profiles at/near surface
    • Likely vectors to underlying hard rock WO3 mineralization
  • Best intersections include:
    • KSDD001 – 51.5m @ 0.50% WO3 from 0m, incl. 12.8m @ 1.07% WO3 from 14.8m
    • KSDD021 – 14.55m @ 0.47% WO3 from 0m, incl. 7.3m @ 0.62% WO3 from 0m
    • KSDD024: 13.1m @ 0.51% WO3 from surface, incl. 4.6m @ 0.97% WO3 from 8.5m

Khao Soon drill supported Exploration Target

Prospect Tonnes (m) Grade (WO3%)
Than Pho West   4 – 8 0.2 - 0.4
Than Pho Ridge 1 – 2 0.2 - 0.4
Target 2 6 – 12 0.1 - 0.3
Rabbit 4 – 7 0.2 - 0.4
Total 15 – 29 0.2 - 0.4

Bang I Tum Lithium Prospect

  • To be updated before final release

Reung Kiet Lithium Prospect

  • To be updated before final release

Reung Kiet Lithium Project (Pan Asia Metals 100%) Project highlights:

  • To be updated before final release Reung Kiet has strong underlying dynamics:
  • To be updated before final release Downstream opportunities:
  • To be updated before final release