Reung Kiet Lithium Project (PAM 100%)

Project and Exploration Highlights
Mineral Resource Estimate (JORC 2012) defined, 10.4MT @ 0.44% Li2O (Reung Kiet Li Prospect)
Exploration Target (JORC 2012, Drill Supported) defined, 8.0-14.0MT @ 0.5-0.8% Li2O (Bang I Tum Li Prospect)
- Only lithium explorer in SE Asia, exploring since 2017
- Extensive open pit tin mining in project area up to the 1980’s
- Lepidolite rich pegmatites identified in late 1960’s
- Two main prospects being drilled, Reung Kiet and Bang I Tum
- Combined prospective strike length >2.5km
- Extensive lepidolite pegmatite dyke/vein swarms identified in drilling, two >1km long trends
- Project and background studies have commenced
Reung Kiet Prospect
- Mineral Resource Estimate (JORC 2012) defined, 10.4MT @ 0.44% Li2O (Reung Kiet Li Prospect)
- As at Jun 30, 2022, a total of 72 diamond core holes drilled to date for a total of 11,699.2m
- Lepidolite rich pegmatites open to north, south and at depth
- Mineral Resource Estimate established, infill and extensional drilling underway for an MRE update later in 2022
- Drill intersections include:
- RKDD002 – 15.6m @ 0.82% Li2O from 55m, incl. 9m @ 1.00% Li2O
- RKDD009 – 30.2m @ 0.69% Li2O from 37.3m incl. 6m @ 1.08% Li2O from 38.5m and 4.5m @ 1.44% Li2O from 47.6m
- RKDD014 – 11.8m @ 0.84% Li2O from 133.2m
- RKDD016 – 22.1m @ 0.72% Li2O from surface
- RKDD023 – 14.15m @ 0.81% Li2O from 107.25m
- RKDD026 – 10.5m @ 0.93% Li2O from 35.5m
- RKDD027 – 10.6m @ 1.24% Li2O from 28.3m
- RKDD030 – 20.7m @ 0.69% Li2O from 46.2m
- RKDD036 – 17.75m @ 0.53% Li2O from 97.95m incl. 8.7m @ 0.60% Li2O from 103.4m and 5.1m @ 0.79% Li2O from 107m
- RKDD037 – [email protected] 0.59% Li2O from 60.9m, incl. 4m @ 1.12% Li2O from 66m and 11.15m @ 0.47% Li2O from 77.55m
- RKDD042 – 30.25m @ 0.76% Li2O from 26.5m
- RKDD042 – 13.78m @ 0.60% Li2O from 115.45m
- RKDD046 – 12.4m @ 0.67% Li2O from 30.2m
Bang I Tum Prospect
- Exploration Target (JORC 2012, Drill Supported) defined, 8.0-14.0MT @ 0.5-0.8% Li2O (Bang I Tum Li Prospect)
- Old tin pit ~650m long, up to 125m wide, ~20m deep
- diamond core holes drilled to date for a total of 963m
- 3 holes on one section south of pit all intersected lithium in lepidolite pegmatite dyke swarm, intersections include:
- BTDD005 – 11.3m @ 0.74% Li2O from 19.2m
- BTDD006 – 10.7m @ 0.98% Li2O from 81.8m
- >800m trend open to north and south with potential extensions supported by Li2O in rocks and soils
Additional target prospects
- Additional targets in project area with documented lepidolite pegmatites proximal to historical alluvial and eluvial tin mining to be followed up
Reung Kiet Lithium Prospect – Mineral Resource Estimate (JORC 2012)
MT | Li2O (%) | Sn (%) | Ta2O5 (%) | Rb (%) | Cs (%) | LCE (t) | |
---|---|---|---|---|---|---|---|
Oxide | 3.2 | 0.49 | 0.03 | 0.009 | 0.15 | 0.02 | 38,611 |
Fresh | 7.2 | 0.42 | 0.04 | 0.009 | 0.16 | 0.02 | 74,416 |
Total | 10.4 | 0.44 | 0.04 | 0.009 | 0.16 | 0.02 | 113,027 |
Mineral Resource is classified as Inferred and reported above 0.25% Li2O cut-off. Appropriate rounding applied. Refer to ASX announcement dated 28 June, 2022. |
Mineral Resource at various cut-off grades. |
Cut-off (%) | MT | Li2O (%) | Sn (%) | Ta2O5 (%) | Rb (%) | Cs (%) | LCE (t) |
0.10 | 21.5 | 0.30 | 0.03 | 0.007 | 0.13 | 0.02 | 159,315 |
0.15 | 17.1 | 0.34 | 0.03 | 0.007 | 0.14 | 0.02 | 143,606 |
0.20 | 13.3 | 0.39 | 0.04 | 0.008 | 0.15 | 0.02 | 128,119 |
0.25 | 10.4 | 0.44 | 0.04 | 0.009 | 0.15 | 0.02 | 113,027 |
Appropriate rounding applied. Refer to ASX announcement dated 28 June, 2022. |
Bang I Tum Prospect – Exploration Target (JORC 2012, Drill Supported)
MT | Li2O (%) | Sn (%) | Ta2O5 (ppm) | Rb (%) | Cs (ppm) | K (%) | |
---|---|---|---|---|---|---|---|
Lower | 8.0 | 0.80 | 0.09 | 120 | 0.30 | 250 | 2.80 |
Upper | 14.0 | 0.50 | 0.07 | 95 | 0.24 | 210 | 2.40 |
Exploration Target is drill supported and reported using a 0.1% Li2O cut-off. Appropriate rounding applied. Refer to ASX announcement dated 27 July, 2022. |