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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. (OTC PINK: PAANF) has announced promising findings from its Phase One drill program at the Horizon Lithium Project. Preliminary assays from five out of eleven drill holes reveal significant lithium mineralization, with notable grades peaking at 2,040 ppm over a 5-foot interval. The drilling program, completed on April 20, 2023, serves to support the company's geological hypothesis regarding the Siebert Formation, known for its high lithium content in adjacent projects. The upcoming Phase Two drilling program aims to further investigate the site, with the potential to declare an inferred mineral resource by the end of the year. The initial data suggests that Horizon could parallel other significant lithium claims in the region, enhancing its commercial viability.
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