Pan American Energy’s Collaboration with the University of Regina Receives Federal NSERC Alliance - MITACS Grant Funding Totalling $610,000
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 Corp. (CSE: PNRG | OTCQB: PAANF) ha annunciato che il suo progetto di ricerca collaborativa, 'Geomicrobiologia per la Rilevazione di Depositi di Metalli Rari', ha ricevuto 610.000 dollari in finanziamenti non diluitivi da NSERC e MITACS. Questo progetto, frutto della collaborazione tra Pan American, Integral Metals Corp. e l'Università di Regina, ha l'obiettivo di migliorare l'esplorazione presso il Big Mack Lithium Project in Ontario.
Il finanziamento supporterà il programma di campionamento in campo della primavera 2024 e i successivi test. Il programma, completato il 21 giugno 2024, ha comportato la raccolta di campioni di suolo, roccia e vegetazione, oltre alla registrazione di dati di campo e della chimica delle acque sotterranee. Pan American intende utilizzare la geomicrobiologia per raffinare i target di perforazione esplorativa al Big Mack, potenzialmente estendendo la mineralizzazione conosciuta.
Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF) ha anunciado que su proyecto de investigación colaborativa, 'Geo-microbiología para la Detección de Depósitos de Metales Raros', ha sido premiado con $610,000 en financiamiento no dilutivo de NSERC y MITACS. Este proyecto, una colaboración entre Pan American, Integral Metals Corp. y la Universidad de Regina, tiene como objetivo mejorar la exploración en el Big Mack Lithium Project en Ontario.
El financiamiento apoyará el programa de muestreo de campo de primavera de 2024 y las pruebas subsiguientes. El programa, que se completó el 21 de junio de 2024, involucró la recolección de muestras de suelo, roca y vegetación, así como el registro de datos de campo y la química de aguas subterráneas. Pan American tiene la intención de utilizar la geo-microbiología para afinar los objetivos de perforación exploratoria en Big Mack, potencialmente extendiendo la mineralización conocida.
파나메리칸 에너지 코퍼레이션 (CSE: PNRG | OTCQB: PAANF)은 공동 연구 프로젝트인 '희귀 금속 광상 탐지를 위한 지미생물학'이 NSERC와 MITACS로부터 $610,000의 비희석 자금을 지원받았다고 발표했습니다. 이 프로젝트는 파나메리칸, 인테그랄 메탈스 코퍼레이션 및 레지나 대학교 간의 협력으로 이루어졌으며, 온타리오의 빅 맥 리튬 프로젝트에서 탐사를 강화하는 것을 목표로 하고 있습니다.
이번 자금 지원은 2024년 봄 현장 샘플링 프로그램과 후속 테스트를 지원할 것입니다. 이 프로그램은 2024년 6월 21일에 완료되었으며, 토양, 암석 및 식물 샘플을 수집하고 현장 데이터와 지하수 화학을 기록하는 작업이 포함되었습니다. 파나메리칸은 지미생물학을 활용하여 빅 맥의 탐사 드릴 목표를 정교하게 설정하고, 알려진 광물화를 확장할 가능성을 모색할 것입니다.
Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF) a annoncé que son projet de recherche collaborative, 'Géomicrobiologie pour la Détection de Dépôts de Métaux Rares', a reçu 610 000 $ de financement non dilutif de NSERC et MITACS. Ce projet, fruit d'une collaboration entre Pan American, Integral Metals Corp. et l'Université de Regina, vise à améliorer l'exploration du Big Mack Lithium Project en Ontario.
Le financement soutiendra le programme d'échantillonnage sur le terrain du printemps 2024 et les tests ultérieurs. Le programme, achevé le 21 juin 2024, a impliqué la collecte d'échantillons de sol, de roche et de végétation, ainsi que l'enregistrement de données de terrain et de la chimie des eaux souterraines. Pan American prévoit d'utiliser la géomicrobiologie pour affiner les cibles de forage exploratoire au Big Mack, prolongeant potentiellement la minéralisation connue.
Die Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF) hat bekannt gegeben, dass ihr gemeinsames Forschungsprojekt 'Geomikrobiologie zur Auffindung seltener Metallvorkommen' 610.000 Dollar an nicht verwässernder Finanzierung von NSERC und MITACS erhalten hat. Dieses Projekt, eine Zusammenarbeit zwischen Pan American, Integral Metals Corp. und der University of Regina, zielt darauf ab, die Exploration im Big Mack Lithium Project in Ontario zu verbessern.
Die Finanzierung wird das Frühlingsfeldprobenprogramm 2024 und die anschließenden Tests unterstützen. Das Programm, das am 21. Juni 2024 abgeschlossen wurde, umfasste die Sammlung von Boden-, Gesteins- und Pflanzenproben sowie die Erfassung von Felddaten und der Chemie des Grundwassers. Pan American plant, Geomikrobiologie zu nutzen, um die Erkundungsbohrziele bei Big Mack zu verfeinern und möglicherweise die bekannte Mineralisierung auszuweiten.
- Received $610,000 in non-dilutive grant funding for research project
- Collaboration with University of Regina and Integral Metals Corp.
- Completed Spring 2024 field sampling program at Big Mack Lithium Project
- Potential to refine exploratory drill targets using geomicrobiology
- None.
The none-dilutive funds will directly support the collaborative project titled “Geomicrobiology for Detecting Rare Metal Deposits” including certain costs incurred for the Spring 2024 field sampling program and testing at the Big Mack Lithium Project
CALGARY, Alberta, July 23, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce the collaborative research project entitled “Geomicrobiology for Detecting Rare Metal Deposits” has been awarded
On June 21st, 2024, Pan American announced the completion of the Spring 2024 field prospecting and sampling program at the Big Mack Lithium Project (“Big Mack” or the “Project”), located 80 km north of the town of Kenora, Ontario. The program was led by Dr. Jared Suchan, P.Geo. (a technical consultant to the Company) and Dr. Andrew Cameron (IMSS/U of R). Eight students specializing in geosciences and biology from the U of R recorded field data across the Project area, documented site observations, tested ground water chemistry, and collected an array of samples including soil, rocks, and vegetation. Pan American intends to utilize the data collected and geomicrobiology to help generate, improve, and refine exploratory drill targets at the Big Mack. The grant funding helps to offset a significant amount of the costs to conduct the research, including costs associated with field sampling at, and assaying the samples from, the Project.
“We are thrilled that our collaborative research project on geomicrobiology has received this substantial grant from NSERC and MITACS,” said Jason Latkowcer, CEO of Pan American. “This none-dilutive funding significantly offsets the costs associated with our field exploration and laboratory testing for geomicrobiology, providing immense value to the Company and its research partners. By integrating geomicrobiology with our existing geochemical and geophysical data, we hope to enhance our understanding of the mineralization at Big Mack and refine our exploratory drill targets with the aim of extending the extent of known mineralization at the Project. I would like to personally congratulate Dr. Cameron, Dr. Suchan and the entire team involved in this research.”
More information about NSERC’s Alliance Advantage grants can be found at https://www.nserc-crsng.gc.ca.
About IMSS
IMSS was founded in 2017 by Dr. Andrew Cameron and Dr. Christopher Yost at the University of Regina. The institute formalized functional microbial genomics research within the Faculty of Science, enhancing collaborative research activities and impact with national and international partners in industry, government, and academia. The IMSS provides access to genomic technologies combined with the exploration of new ways to integrate genomic tools into applied and discovery research. The IMSS experiments with emerging DNA sequencing technologies to develop comprehensive approaches for studying the genetic makeup, gene expression, and gene function in specific organisms and throughout microbial communities.
Qualified Person
The technical content of this news release has been reviewed and approved by Jared Suchan, Ph.D., P.Geo., who is an independent consultant of the Company, and a “Qualified Person” as defined by NI 43-101.
About Pan American Energy Corp.
Pan American Energy Corp. (CSE: PNRG) (OTCQB: PAANF) (FSE: SS60) is an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America.
The Company executed an option agreement in Canada with Magabra Resources, providing for the right to acquire up to a
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On Behalf of the Board of Directors
Jason Latkowcer
CEO & Director
Contact
Phone: (587) 885-5970
Email: info@panam-energy.com
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things the aim and proposed utility of geomicrobial surveys; and the utility of the research results in the Company’s exploration of the Project, including in generating, improving, and refining drill targets at the Project which extend the extent of known mineralization at the Project.
Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, the outcome of the research will be of assistance to the Company in exploring the Project and generating, improving, and refining drill targets at the Project which extend the extent of known mineralization at the Project; and geomicrobial surveys can be utilized in the manner anticipated in the exploration of mineral projects.
Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, risks inherent in exploration, testing and research, including risks relating to changes in project parameters or delays as plans continue to be redefined, that exploration, testing and research is inherently uncertain and that the results of testing and research may not be reproducible at scale; and that the exploration and/or research may be unsuccessful or fail to achieve the results anticipated by the U of R or the Company, including that the Company may be unable to utilize the results of its field program, in conjunction with the U of R’s research, to enhance its exploration of the Project and/or generate, improve or refine drill targets at the Project which extend the extent of known mineralization at the Project. The forward-looking information contained in this release is made as of the date hereof, and the Company not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press release.
FAQ
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