Pan Asia Metals Limited (PAM) has received laboratory assays for the final four holes of a drilling program conducted at the Than Pho West prospect (TPW) within the Khao Soon Tungsten Project (KSTP) in southern Thailand. This concludes the Priority One drilling program at Khao Soon which saw the completion of 19 holes for a total of 1601.5 metres.
KSTP is located approximately 600 kilometres south of Bangkok in Nakhon Si Thammarat Province, Southern Thailand. It is one of PAM’s key assets and a significant historical high-grade producer.
Modern exploration has discovered potentially world-class, district-scale tungsten mineralisation across numerous prospects. Previous diamond drilling by PAM has intersected robust widths and grades associated with strong surface anomalies, from which Exploration Targets have been estimated. The current drilling program seeks to test the Exploration Targets, with the ultimate aim of estimating Mineral Resources.
PAM has received assay results for holes KSDD038 to KSDD041 from the TPW prospect. Results include:
- KSDD038: 10 metres at 0.39 per cent tungsten trioxide (WO3) from 27 metres, incl. 2.1 metres at 0.95 per cent WO3 from 34.4 metres
- KSDD039: 46.5 metres at 0.32 per cent WO3 from 34.4 metres, incl. 3.5 metres at 0.92 per cent WO3 from 74.9 metres
- KSDD040: 20.1 metres at 0.74 per cent WO3 from 48.6 metres, incl. 5.0 metres at 1.1 per cent WO3 from 51.9 metres
- KSDD041: 15.1 metres at 0.10 per cent WO3 from 35.9 metres, incl. 4.3 metres at 0.17 per cent WO3 from 35.9 metres
Pan Asia Metals Managing Director, Paul Lock, is pleased to see the final assays for this phase of drilling come through, which reinforce previous drilling results and the Exploration Target model.
“We are particularly pleased with the way the Than Pho West prospect is shaping up, drilling has confirmed a thick, shallow dipping mineralised zone with true widths up 63 metres supported by numerous very high-grade intersections over good widths,” Mr Lock said.
“In a low-cost environment such as SE Asia, and in close proximity to advanced industrial centres, the Khao Soon Tungsten Project is shaping up to be a peer group leader both in grade and size.”