Pan Asia Metals reports significant expansion of KT East lithium prospect

Pan Asia Metals Limited (ASX: $PAM) has announced the expansion of the KT East Lithium Prospect, with soil sampling strengthening the potential and increasing the anomalous zone by 2.8x to 2.1km long and 1.0km wide. The prospect, part of the RK Lithium Project, has shown promising results, confirming and enhancing previous rock-chip defined trends and the presence of mapped pegmatites, with many individual dykes 7-10m wide and up to 20m wide. The company's Managing Director, Paul Lock, expressed satisfaction with the results, highlighting the prospect's larger footprint compared to other lithium prospects combined.

Executive commentary on KT East lithium prospect expansion

Pan Asia Metals' Managing Director, Paul Lock, stated, 'These results cement previous reports that the KT Lithium Prospect is extensive, and confirm that the pegmatite field is approximately 2.1km in length and 1.0km wide, 2.8x that previously reported with most of this captured in the 'Main Zone'. PAM's field team will continue with the grid-based soil and rock-chip sampling and geological mapping program, chasing down several areas which remain open to the northwest of the Main Zone and where there is a considerable area of historical tin mine workings. As previously stated, there are several walk-up drill targets and the team will continue to investigate other drill sites, with drilling expected to start later this year. KT East is proving to be a substantial addition to the RK Lithium Project, with the KT East Prospect larger than the RK and BT Prospects combined.'

Summary of KT East lithium prospect expansion

The expansion of the KT East Lithium Prospect by Pan Asia Metals presents a significant development in the company's exploration program. The soil and rock-chip sampling programs have indicated the pegmatite field occurs over a strike length of approximately 2.1km and a width of approximately 1.0km, increasing the zone by 2.8x on that previously reported. The large coherent Main Zone is approximately 2.0km long and up to 500m wide, containing numerous zones of lepidolite pegmatites. The company's Managing Director expressed confidence in the prospect's potential to add substantial LCE tonnes to the RK Lithium Project, emphasizing the company's low-cost environment and the prospect's competitive advantage in the lithium market. With drilling expected to commence later this year, the company looks forward to further progress and results from the exploration program at the KT prospect.