Pan American Energy Corp. is pleased to announce the results from the 2023 high resolution UAV-borne magnetics survey over the Big Mack Lithium Project . The survey was completed by EarthEx Geophysical Solutions Inc. and was successful in identifying multiple prospective features exhibiting low magnetic responses which have been interpreted to have the potential to host lithium-bearing pegmatites. These results are [...]
Pan American Energy Corp. is pleased to announce assay results from its surface sampling program on the Big Mack Lithium Project. The results from the sampling program have provided valuable geochemical insight into the high-grade lithium mineralization observed at the Big Mack Pegmatite and Eleven Zone, as well as confirmed that high-grade lithium exists on the surface at the 6059 Pegmatite. The sampling program also [...]
Pan American Energy Corp. is pleased to announce the completion of its Phase 2 exploratory subsurface drill program at its Horizon Lithium Project in Big Smoky Valley, Nevada. The program involved targeted drilling in strategic locations based on geological research conducted by the Company's strategic contractor partner, RESPEC . Following the success of the Phase 1 exploratory drilling program, where a lithium [...]
Pan American Energy Corp. is pleased to announce positive drill results from its initial exploratory subsurface drill program, Phase 1, at its Horizon Lithium Project in Big Smoky Valley, Nevada. The program involved targeted drilling in strategic locations based on extensive geological research conducted by the Company's strategic contractor partner, RESPEC . This initial exploratory drilling program consisted of eleven [...]
Pan American Energy Corp. is pleased to announce the Company has received approval on the submitted Notice of Amendment to the Bureau of Land Management , Tonopah Field Office for exploration drilling at its 17,334 acre Horizon Lithium Project. The NOA captures the Company's adjusted drill program design to focus drilling on the central and Eastern portion of the property. The Company is fully permitted to drill up to [...]
Pan American Energy Corp. has welcomed a new member to its Board of Directors, Ms. Nicky Grant, who brings with her over 18 years of experience in investment banking. Nicky started her career in the US Institutional Desk at Goldman Sachs before moving to the Special Execution Group in Corporate Finance, where she specialized in debt capital markets. She then worked for UBS as part of their Transaction Management Team and [...]
Pan American Energy Corp. is pleased to announce the Company has engaged the services of Axiom Exploration Group Ltd. to carry out the 2023 exploration program on the Big Mack Lithium Project. Final preparations are in progress to execute comprehensive surface geochemical sampling over the project area. The program is designed to further refine drill targets and to test numerous surface mapped pegmatite occurrences that [...]
Pan American Energy Corp. is pleased to announce the complete assay results for the first five out of the eleven holes on the Horizon Lithium Project Phase 1 drilling program. The drill holes contained broad mineralization zones, with grades up to 2,040 ppm over a 5-foot interval. The Company completed the eleven hole Phase One drilling program on April 20th, 2023 and is preparing to begin the Phase Two eleven hole [...]
Pan American Energy Corp. is pleased to announce that it has completed the previously announced plan of arrangement to "spin-out" Legacy Lithium Corp. . The Arrangement became effective at 12:01 a.m. on April 21, 2023. The former common shares of Pan American were delisted from the Canadian Securities Exchange effective at the close of trading on April 20, 2023. The new common shares of Pan American distributed pursuant [...]
Toronto, Ontario-- - Pan American Energy Corp. to "spin-out" its wholly-owned subsidiary, Legacy Lithium Corp. . The Transaction is expected to close pre-market on April 21, 2023. Pursuant to the Transaction, the owners of common shares of the Company at the effective time of the Transaction will receive: one new common share of the Company for each common share of the Company held at such time; and one-fifth of a common [...]
Pan American Energy Corp. is pleased to announce the completion of the joint magnetic survey collaboration project between the Company and Avalon Advanced Materials Inc. at the Big Mack and Big Whopper Project near Kenora, Ontario. The work was completed by EarthEx Geophysical Solutions on schedule and on budget. The magnetic survey is comprised of an estimated 725 line-km with spacing of 25 m and tie line spacing of 250 [...]
Pan American Energy Corp. is pleased to announce that it has retained the services of Clarus Securities Inc. to act as financial advisor to the Company. The Company has entered into a services agreement with Clarus, pursuant to which Clarus has agreed to perform the following capital markets support services, including but not limited to; introducing the Company to capital market participants and/or institutional [...]