The Rosario Copper Project in Chile is a significant acquisition...

The Rosario Copper Project in Chile is a significant acquisition for Pan Asia Metals (PAM), aligning with their strategy to secure high-grade copper assets. Located in Chile's Atacama region, the project is situated near the El Salvador copper mine and benefits from well-developed infrastructure, including proximity to processing facilities and smelters.The Rosario Copper Project is a Manto-style copper-silver deposit that has shown promising results, with many samples indicating high copper grades. This project fits into PAM's broader strategy to focus on battery metals, positioning the company as a low-cost producer in the electrification metals market, which includes both copper and lithium. This move is seen as a way to capitalize on the increasing demand for these essential metals as global electrification efforts intensify.The project also holds potential for further exploration, with identified mineralized zones and trends that suggest the possibility of expanding the resource base. PAM is planning additional geochemical and geophysical work to delineate drill targets and fully assess the project's potential.Overall, the Rosario Copper Project represents a strategic investment for PAM, offering both immediate and long-term benefits in a region known for its robust copper production