Pan Asia Metals to start drilling at Minter Tungsten Project
2020-12-03 10:36:28 [Print]
Pan Asia Metals Ltd. plans to start drilling the Doyenwae prospect within Minter Tungsten Project in New South Wales after receiving State Government approval for a six-hole reverse circulation (RC) drilling program of 1,000-1,200 meters.
The program aims to test the potential for near-surface tungsten mineralization that may be amenable to open-pit mining. It will also test a revised interpretation of the controls on tungsten mineralization at Doyenwae prospect.
The Company aspires to produce tungsten concentrate from the project as potential feed into South East Asian downstream processing initiatives.
At Doyenwae prospect, there has been about 3,600 meters of drilling in 59 holes yielding numerous low to moderate grade tungsten trioxide intersections over a relatively large area. Much of this was shallow aircore drilling along with 17 RC holes and one diamond core hole.
This upcoming drilling program aims to test this new interpretation and, if successful, has the potential to position Pan Asia Metals to delineate an exploration target and inferred resource.
Durock Drilling, the drilling contractor, has scheduled to mobilize on December 10 with preliminary assay results expected in late 2020. The Company may consider additional drilling in early 2021.
The program aims to test the potential for near-surface tungsten mineralization that may be amenable to open-pit mining. It will also test a revised interpretation of the controls on tungsten mineralization at Doyenwae prospect.
The Company aspires to produce tungsten concentrate from the project as potential feed into South East Asian downstream processing initiatives.
At Doyenwae prospect, there has been about 3,600 meters of drilling in 59 holes yielding numerous low to moderate grade tungsten trioxide intersections over a relatively large area. Much of this was shallow aircore drilling along with 17 RC holes and one diamond core hole.
This upcoming drilling program aims to test this new interpretation and, if successful, has the potential to position Pan Asia Metals to delineate an exploration target and inferred resource.
Durock Drilling, the drilling contractor, has scheduled to mobilize on December 10 with preliminary assay results expected in late 2020. The Company may consider additional drilling in early 2021.
Tungsten Ore WO3 50%min FOB Africa
Unit:USD/mtu
China tungsten concentrate producers' suspension number statistics by province by month
Unit: pcs
