Pan Asia Twitter

Reung Kiet Lithium Project: Additional Flotation Test-work Confirms and Improves Results

Battery and critical metals explorer and developer Pan Asia Metals Limited (ASX: PAM) (‘PAM’ or ‘the Company’) is pleased to provide metallurgical test-work results for flotation recovery of lithium mica concentrates using representative sample from the Reung Kiet lithium prospect.


HIGHLIGHTS

     
  • Metallurgical flotation test-work confirms and improves on previous work.
  • Material improvement in Li2O grade and recovery for concentrate derived from weathered mineralisation, showing 71% Li2O recovery at 3.11% Li2O grade in surpassing previous results of 63% recovery at 2.80% Li2O from previous work.
  • Lithium mica concentrate derived from fresh mineralisation showing 76% Li2O recovery at 3.10% Li2O grade, reaffirming previous test-work results.
  • Both fresh and weathered mineralisation are amenable to conventional crushing, grinding and flotation using very similar flowsheets.
  • Flotation test-work of products from ‘ore-sorting’ test-work now underway.
  • PAM is rapidly advancing the RK Pre-Feasibility Study for Mining Lease Applications.

Pan Asia Metals Managing Director, Paul Lock, said: “The purpose of Nagrom’s test- work was to verify BGRIMM’s results. We are pleased that this program reaffirms and, in some areas, improves upon previous results, which bodes well for the economics of the RK Project. With this confirmatory test-work completed, we can now progress on to post ore sorting test-work and process refinement after which we are confident in achieving further improvements to recoveries and concentrate grades.”

The Reung Kiet Lithium Project (RKLP) is one of PAM’s key assets. RKLP is a hard rock lithium project with lithium hosted in lepidolite/mica rich pegmatites chiefly composed of quartz, albite, lepidolite and muscovite, with minor cassiterite and tantalite as well as other accessory minerals. Previous open pit mining extracting tin from the weathered pegmatites was conducted into the early 1970’s.

PAM’s objective has been to continue drilling with the aim of increasing and upgrading the existing Mineral Resource, which will then be used as part of a Pre-Feasibility Study that will consider various options to determine the technical and economic viability of the project including the LCE production profile as well as associated by-products.

PAM is focusing on lepidolite as a source of lithium as peer group studies indicate that lithium carbonate and lithium hydroxide projects using lepidolite as their plant feedstock have the potential to be placed near the bottom of the cost curve. Lepidolite has also been demonstrated to have a lower carbon emission intensity than other lithium sources.

Reung Kiet Prospect (RK)

The RK Prospect was a relatively large open cut tin mine. The old pit is about 500m long and up to 125m wide (see Figure 1).

Mining of the weathered pegmatites extended up to 30m below surface, to the top of hard rock. Pan Asia has identified a prospective zone at least 1km long, reporting an Inferred Mineral Resource estimate as shown in Table 1. Please refer to PAM ASX announcement, “Inaugural Mineral Resource Estimate Reung Kiet Lithium” dated June 28, 2022.

Table 1. RKLP – Reung Kiet Prospect – Inferred Mineral Resource, 28 June, 2022

Mineral Resource reported above 0.25% Li2O% cut-off. Appropriate rounding applied.

The Mineral Resource is based upon the first 46 holes drilled at Reung Kiet. Ongoing drilling has seen the completion of an additional 56 holes, which will be included in the Mineral Resource update which aims to increase the Mineral Resource tonnage and upgrade portions of the Mineral Resource from Inferred to Indicated and possibly Measured classification. The Mineral Resource update is currently being prepared by CSA Global and is expected to be reported in August. The pegmatite swarms remain open to the north and south and at depth on many sections especially in the south (see Figure 1).

Figure 1. Reung Kiet Prospect, Phang Nga Province, southern Thailand

Metallurgical Test-work Details

The test-work was conducted by Nagrom on two separate composites comprised of fresh and weathered mineralisation derived from laboratory ‘coarse crush rejects’ (100% <3.35mm) from ½ HQ sized drill core selected from drillholes identified in Figure 1 (orange drill collars).

The fresh composite sample is derived from 278 individual samples from 16 holes. This sample returned a head assay of 0.64% Li2O. The weathered composite sample is derived from 133 individual samples from 11 holes. It returned a head assay of 0.80% Li2O.

The samples were selected to represent mineralisation throughout the deposit and reflect what are considered to be mineable widths in a potential open cut mine. Therefore, the samples contain both internal and external dilution predominantly composed of waste to low-grade siltstone.


Click here for the full ASX Release

This article includes content from Pan Asia Metals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

PAM:AU
The Conversation (0)
Glowing blue neon batteries with lightning symbols on a dark gradient background.

Top 3 US Lithium Stocks of 2025

As the global economy shifts toward electrification and clean energy, lithium has emerged as a cornerstone of the energy transition, and the US is racing to secure its place in the supply chain.

Lithium-ion batteries are no longer just critical to electric vehicles (EVs); they're becoming vital across sectors to stabilize power systems, particularly amid growing reliance on intermittent renewables.

According to Fastmarkets, demand for battery energy storage systems (BESS) is accelerating, driven by data centers, which have seen electricity consumption grow 12 percent annually since 2017.

Keep reading...Show less
Digital globe and battery with lightning icon on dark background.

Lithium Market Update: Q2 2025 in Review

The second quarter of 2025 brought more downward pressure for lithium prices, as values for lithium carbonate continued to contract, slipping to their lowest level since January 2021.

After starting the year at US$10,484.37 per metric ton, battery-grade lithium carbonate rose to a year-to-date high of US$10,853.85 on January 27. Prices sank through Q1 and most of Q2, bottoming at US$8,329.08 on June 24.

Keep reading...Show less
Digital hexagons overlay construction site with an excavator and cloudy sky in the background.

Ekin Ober on Why AI Could Be Mining’s Most Valuable Tool Yet

For Ekin Ober, bringing generative artificial intelligence (AI) to the critical metals sector through her work at Aethos Labs wasn’t just about technological innovation — it reshaped how she thinks about strategy and sustainability in mining.

Now a principal at Kinterra Capital, Ober applies that broad, cross-disciplinary lens to investment decisions, emphasizing the importance of digital fluency, stakeholder alignment and long-term viability.

Her experience helps her identify operational bottlenecks and social license challenges early — essential in guiding assets like nickel and copper projects from concept to production.

Keep reading...Show less
Stacks of US$100 bills with upward-pointing wooden arrows.

Chris Berry: The West Must Invest in Refinement Now or Fall Further Behind

China’s grip on the battery metals sector has drawn increasing scrutiny in recent years as nations confront growing concerns around supply chain risk and resource security.

Through a blend of domestic output and aggressive overseas investment, particularly in Africa and South America, Chinese companies now command a significant share of upstream supply.

The country is responsible for roughly 60 percent of global rare earths production and controls over 70 percent of cobalt supply through its stakes in mines across the Democratic Republic of Congo.

Keep reading...Show less
Magnifying glass focusing on the Albemarle website logo.

Albemarle's Commitment to Sustainability Shines in New Report

As global demand for critical minerals intensifies, Albemarle (NYSE:ALB) continues to position itself as a global leader not only in lithium production but also in sustainable practices.

In its newly released 2024 sustainability report, titled “Values-Led, Purpose-Driven,” the company underscores its commitment to reducing its environmental footprint across six continents, supporting global supply chains and promoting human rights across operations.

From cutting freshwater intensity at its Chilean operations by 28 percent to procuring 24 percent of its electricity from renewable sources, Albemarle is striving to grow its energy storage business while keeping carbon emissions flat, as it translates ESG goals into action.

Keep reading...Show less

Latest Press Releases

Related News

×