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PAN AMERN ENERGY CORP - PAANF STOCK NEWS

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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.

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Pan American Energy has initiated a new 2,000-meter diamond drilling program at its Big Mack Lithium Property in northwestern Ontario, Canada. This program builds upon an earlier 8,000-meter drill campaign from 2023-24 and aims to further delineate high-priority targets and refine the property's geological model.

The program will also investigate cesium potential, which has been identified beyond the lithium-dominant zones within the pegmatite cores. The property, situated in the Separation Lake Greenstone Belt, has already shown multiple mineralized pegmatite zones, including the Big Mack, Eleven Zone, and 6059/Sprinkler Zone pegmatites.

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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.

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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.

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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.

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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.

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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.

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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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Pan American Energy announces final drill results from the 2023/2024 program at the Big Mack Lithium Project, revealing significant lithium mineralization at the Eleven Zone Pegmatite. The results include 1.71% Li2O over 19.65 meters and 1.46% Li2O over 4.5 meters, showcasing the extension of lithium mineralization southeast of the Sprinkler Zone and supporting previous findings. The company drilled a total of 8319.24 meters over 59 holes, with drill targets identified through geochemical surface sampling and UAV magnetic surveys.
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Pan American Energy collaborates with the University of Saskatoon to receive federal NSERC funding for a research project aimed at improving lithium recovery for green energy technologies.
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Pan American Energy Corp. announces positive assay results on the Big Mack Lithium Project, revealing high-grade lithium mineralization. The drilling program focused on new mineralized zones with significant lithium values. CEO Jason Latkowcer expresses optimism for further discoveries as mineralization remains open at depth and along strike.
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FAQ

What is the current stock price of PAN AMERN ENERGY (PAANF)?

The current stock price of PAN AMERN ENERGY (PAANF) is $0.0837 as of December 20, 2024.

What is the market cap of PAN AMERN ENERGY (PAANF)?

The market cap of PAN AMERN ENERGY (PAANF) is approximately 1.5M.

What is Pan American Energy Corp. focused on?

Pan American Energy Corp. is focused on acquiring, exploring, and developing mineral properties containing battery metals in North America.

What projects does Pan American Energy Corp. have interests in?

The company has interests in the Big Mack Lithium Project in Canada and the Horizon Lithium Project in Nevada, USA.

What recent achievement has Pan American Energy Corp. made?

The company has identified new mineralized zones on its properties, indicating the potential for further discoveries.

What is the focus of Pan American Energy Corp.'s exploration activities?

Pan American Energy Corp. is actively engaged in exploration activities to assess the potential of its lithium projects, particularly the Big Mack Lithium Project in Canada and the Horizon Lithium Project in Nevada.

How can I stay updated on Pan American Energy Corp.'s latest news?

To receive investor updates, visit the Pan American Energy Corp. website and register for updates.

PAN AMERN ENERGY CORP

OTC:PAANF

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1.48M
8.54M
19.63%
2.94%
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