PAM 0.00% 16.0¢ pan asia metals limited

@Grim007 It looks like PAM took over the work ASX:SEI (who no...

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    @Grim007 It looks like PAM took over the work ASX:SEI (who no long operate) did earlier between 2016-2018 for one of the 6 prospects. It's still early days with exploration although Paul has seen an opportunity and acted on it.

    Pink Lithium Prospect
    "More recent exploration, since 2016, has been conducted by Rajo in conjunction with ASX-listed Specialty Metals Limited (ASX:SEI). SEI were awarded 20 exploration concessions covering the southwestern parts of Salar de Pintados and northern parts of Salar Bellavista. From 2016-2018 Rajo/SEI collected 128 samples that now occur within or immediately adjacent to the granted concessions and concession applications. These samples are mostly from the near surface salt/gypsum crust with lesser samples of adjacent clay rich zones. Samples were taken along traverse lines using roads, tracks associated with powerlines, pipelines and the railway line. The samples were nominally collected at 1km spacings however, this does vary a little. PAM now has this data. The Rajo/SEI relationship concluded in 2019 and SEI exited Chile, with Rajo continuing to explore.

    Rajo have also collected surface samples at numerous other Salar’s in this part of Chile. This was done as an orientation/learning exercise. The most instructive of these samples are those collected from the Salar de Atacama where Sociedad Química y Minera, a Chilean chemical company and Albemare Corporation (ASX:ALB) are extracting lithium rich brines. The salt crust samples collected from Salar de Atacarma have a similar grade distribution as those collected from Salar de Pintados. Other Salar’s sampled contain variable amounts of Li in the surface crusts. Some contain very little however, Salars with known Li rich brines usually have Li in near surface salt crusts."

    It looks like Salar de Pintados (PAM) is around 500km drive from Salar de Atacama (ALB). Paul would love if they have something similar to ALB although early days. The other prospects look logical as well with their own exploration and reasons for existing.
    Last edited by b7667: 29/07/23
 
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