Pan Asia Metals Ltd
Pan Asia Metals Ltd (ASX:PAM) is a Singapore registered SE Asian focused specialty metals exploration and development company.
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Pan Asia Metals intersects wide near-surface tungsten at Khao Soon in Thailand
Pan Asia Metals Ltd (ASX:PAM) has intersected near-surface tungsten mineralisation with good grades over robust widths while drilling at Than Pho West (TPW) prospect within the Khao Soon Tungsten Project (KSTP) in southern Thailand.
According to the company, results are in line with the exploration target model for the project.
Best results from spot handheld X-Ray flouresence (hhXRF) testing include:
- 9.2 metres at 0.42% tungsten trioxide from 28.3 metres including 1.5 metres at 1.15% from 34.7 metres;
- 45.9 metres at 0.30% tungsten trioxide from 35 metres including 2.7 metres at 0.91% from 76.3 metres; and
- 19 metres at 0.56% tungsten trioxide from 48.6 metres including 5.6 metres at 0.73% from 51 metres.
"Very pleased with results"
PAM managing director Paul Lock said: "We are very pleased with the results, they are generally in line with the exploration target model and with these grades and geometries this prospect is shaping up as an open cut target, and the mineralisation remains open along strike and at depth.
"Although confirmation by laboratory analysis is pending, the spot hhXRF results are generally in line with or slightly above the grade range expressed in the exploration target.
"We have more drilling to do and our success to date is highly encouraging."
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2020-05-13
