Sign Up
..... Australian Property Network. It's All About Property!
Categories

Posted: 2024-07-10 05:39:06

Situated at an altitude of between 800m and 1100m, the Tama Atacama project benefits from an environment with extremely high evaporation rates, which is ideal for lithium extraction.

The project area covers six key prospects extending 290km north-to-south and is strategically located close to essential infrastructure – including being just 75km from the coastal city of Iquique. The city is equipped with a deep-water bulk and container port, facilitating efficient export operations.

Additionally, the project lies north of Chile’s lithium chemical refining hub in Antofagasta, with access to rail and road helping to enhance Pan Asia’s logistical picture.

The company’s preliminary reconnaissance on its Tama Atacama project has indicated a geological environment akin to the better-known Salar de Atacama that lies 600km south of the project area. Geochemical analyses have uncovered extensive lithium surface anomalies and historical geophysical data has revealed a deep basin reaching depths of up to 600m, suggesting the potential for substantial lithium yields.

Assay results highlight lithium concentrations peaking at 2200 parts per million, with an average of 700ppm across sampled locations signalling the possibility of high-grade mineralisation.

With lithium projects in both Thailand and Chile, Pan Asia appears primed to broaden its global footprint. The company’s focus on integrating supply chains could ensure the delivery of cost-effective and highly sought-after battery materials, positioning it as a serious contender in the dynamic world of sustainable energy.

Is your ASX-listed company doing something interesting? Contact: [email protected]

View More
  • 0 Comment(s)
Captcha Challenge
Reload Image
Type in the verification code above