PAM 1.64% 6.0¢ pan asia metals limited

Ann: Drilling Update - Reung Kiet Lithium Project, page-60

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  1. 597 Posts.
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    Good summary. Adding in to the updates list the assay results for the recently drilled holes RKDD032-034 currently in the lab too. Hopefully we will see some good grades smile.png

    https://hotcopper.com.au/data/attachments/3665/3665810-5e34ae84792a342b3e528ff27d0d5808.jpg

    These are the months we might expect the updates:
    • October - Expecting the RKDD032-034 assay results and RKDD0023-33 drill results soon this month.
    • November to December - expecting existing geothermal licences approval, Bang I tum lithium prospect progress, maiden mineral resource released for Reung Kiet, new geothermal and hard rock lithium licences applications.
    • Hopefully some partnerships following the geothermal licence approvals and some drilling to test the brine. Guessing Q1 2022.
    • The scoping study and mineral resource update Jan/Feb Q1 2022. The PFS would probably be by late Q2 2022 (Q3 latest). From seeing VUL, it was around 5 months between their mineral resource estimate and PFS.

 
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