Pan Asia Metals (ASX:PAM) has announced promising initial geochemical results from its Rosario Copper Project in Chile's Central Copper Belt. Key findings include a significant copper target zone, spanning approximately 3.6 kilometers, supported by soil and rock-chip sampling along the Rosario East Trend.
Pan Asia Metals (ASX:PAM) has identified a significant copper target zone at its Rosario Copper Project, with soil samples showing copper grades up to 0.19% Cu and rock specimens returning higher averages. The exploration program collected 316 samples, with further results and geophysics expected soon. Discussions for a reverse circulation drilling program are underway, aiming to start before year-end. The project, located near historical copper mines and excellent infrastructure, aligns with PAM's strategy to become a key player in the battery metals sector, focusing on low-cost copper and lithium production.
The copper zone remains open in most directions, suggesting the potential for further discoveries.