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Pan American Energy Corp. is an exploration stage company focused on mineral properties containing battery metals in North America. The company has acquired interests in lithium projects in Canada and Nevada, USA. Pan American Energy Corp. is actively engaged in exploration activities to further assess the potential of its lithium projects, with a focus on the Big Mack Lithium Project in Canada and the Horizon Lithium Project in Nevada. The company's recent achievements include identifying new mineralized zones and confirming the potential for additional discoveries on its properties.
Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) has been awarded a grant of up to $200,000 under the Ontario Junior Exploration Program (OJEP) from the Government of Ontario. The grant will cover 50% of eligible exploration costs at the Big Mack Lithium Project. The company was selected under OJEP's critical minerals stream, which focuses on promoting exploration of critical mineral projects in Ontario.
Additionally, Pan American has completed a debt settlement with Ocean Wall (OWL) for C$30,000 through the issuance of 600,000 common shares at a deemed price of C$0.05 per share. The shares are subject to a four-month hold period. This transaction may be considered a "related party transaction" as Nicky Grant, a director of Pan American, is the Head of Corporate Advisory for OWL.
Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) has completed Phase Two earn-in payments and work expenditures for the Big Mack Lithium Project in Kenora, Ontario, acquiring a 75% interest. The company can earn an additional 15% interest by issuing C$100,000 of shares by August 22, 2025. Pan American has also terminated its option agreement for the Horizon Property in Esmeralda County, Nevada, citing current market conditions, development costs, and a strategic focus on Big Mack. CEO Jason Latkowcer stated this decision would allow better resource allocation and drive long-term shareholder value.
Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF) has announced that its collaborative research project, 'Geomicrobiology for Detecting Rare Metal Deposits', has been awarded $610,000 in non-dilutive funding from NSERC and MITACS. This project, a collaboration between Pan American, Integral Metals Corp., and the University of Regina, aims to enhance exploration at the Big Mack Lithium Project in Ontario.
The funding will support the Spring 2024 field sampling program and subsequent testing. The program, completed on June 21st, 2024, involved collecting soil, rock, and vegetation samples, as well as recording field data and groundwater chemistry. Pan American intends to use geomicrobiology to refine exploratory drill targets at Big Mack, potentially extending known mineralization.
Pan American Energy has completed its Spring 2024 field prospecting and sampling program at the Big Mack Lithium Project in Ontario. The program, part of a research collaboration with the University of Regina's Institute of Microbial Systems and Society, ran from May 13th to June 21st, 2024, on schedule and within budget. It involved eight geoscience students who collected 885 soil, 659 rock, 392 plant samples, and performed 189 water chemistry measurements across 856 stations. The project aims to integrate geomicrobiology with existing geochemical and geophysical data to refine exploratory drill targets. Results are awaited from the Saskatchewan Research Council and IMSS laboratories.
Pan American Energy Corp. (PAANF) has started the Spring 2024 field prospecting and sampling program at the Big Mack Lithium Project in collaboration with the University of Regina. The company will collect soil and rock samples to detect rare metal deposits using geomicrobiology technology. The program involves 2,000 samples from 600 stations over 6 weeks, with laboratory analysis to identify new drilling targets.
Pan American Energy Corp. announces a research collaboration with the University of Regina to study geomicrobiology for identifying drill targets at the Big Mack Lithium Project. The project involves field prospecting and sampling with the aim of using geomicrobiology to help generate drilling targets. This collaboration is part of an emerging technology seeking to detect subsurface deposits by analyzing microbial species in soil samples.
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