Pan Asia Metals passes key approval milestone for Khao Soon Tungsten Project
2020-05-13 14:10:18 [Print]
Pan Asia Metals announced that it has received approval from Thailand's Minerals Act Committee (MAC) for exploration license application 'SPLA2' at the company's Khao Soon Tungsten Project.
Once a license is approved by the MAC, it goes through several procedural steps, including being signed by the Director-General, Department of Primary Industries and Mines (DPIM), and then sent to the local DPIM for registration and license payment.
The SPLA2 license area contains the Target 2 tungsten prospect which was recently investigated by the Company in its IP geophysics program.
The company is preparing an upcoming drill program with access agreements to be finalized in May and drilling to start on the day the IPO is completed.
Once a license is approved by the MAC, it goes through several procedural steps, including being signed by the Director-General, Department of Primary Industries and Mines (DPIM), and then sent to the local DPIM for registration and license payment.
The SPLA2 license area contains the Target 2 tungsten prospect which was recently investigated by the Company in its IP geophysics program.
The company is preparing an upcoming drill program with access agreements to be finalized in May and drilling to start on the day the IPO is completed.
Tungsten Ore WO3 50%min FOB Africa
Unit:USD/mtu
China tungsten concentrate producers' operating rate statistics by province by month
Unit: %
