Pan American Energy Corp. is pleased to announce that it intends to complete a non-brokered charity flow through private placement of Common Shares of the Company at a price of $0.66 per CS for aggregate gross proceeds of up to $900,000 . The gross proceeds of the FT Offering will be used by the Company to incur eligible "Canadian exploration expenses" that are intended to qualify as "flow-through critical mineral mining [...]
Pan American Energy Corp. is pleased to announce, further to its news releases dated October 27, 2023 and November 10, 2023, that it intends to complete a non-brokered private placement of flow through units of the Company at a price of $0.50 per FT Unit for aggregate gross proceeds of up to $2,000,000 . Each FT Unit will consist of one common share of the Company and one-half-of-one common share purchase warrant of the [...]
Pan American Energy Corp. is pleased to announce that Dr. Jared Suchan, Ph.D., P.Geo. has joined the Company's technical advisory team effective November 15th, 2023. Dr. Suchan is a professional geoscientist with nearly 10 years of experience in the exploration and development of mining projects in Canada. He received his Ph.D. in Environmental Systems Engineering in 2023 and his Honours B.Sc. in Geography and B.Sc. in [...]
Pan American Energy Corp. is pleased to announce its inaugural mineral resource estimate on its Horizon Lithium Project in Big Smoky Valley, Esmeralda County, Nevada. The MRE was completed pursuant to the requirements of National Instrument 43-101 - ?Standards of Disclosure for Mineral Projects . The Horizon Lithium Project is one of the largest ?land packages in the Tonopah Lithium Belt, encompassing 839 unpatented lode [...]
Pan American Energy Corp. is pleased to announce that it has engaged MIC Market Information & Content Publishing GmbH for marketing services for an anticipated period of two months commencing on November 13, 2023, provided that the term of the marketing services may be extended or shortened at the discretion of management depending on, amongst other things, the efficiency of the marketing services. MIC will utilize their [...]
Pan American Energy Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for gross proceeds to the Company of C$2,595,000. The Company hopes to close the final tranche of the Offering, for gross proceeds of up to C$905,000 , as soon as practicable. Pursuant to the First Tranche, the Company issued 6,487,500 units of the Company at a price of $0.40 per [...]
Pan American Energy Corp. is pleased to announce that it has commenced drilling on its Big Mack Lithium Project, located approximately 80 kilometers north of the town of Kenora, ON. The exploration program is being carried out by Fullforce Diamond Drilling Ltd. under the geological support of Axiom Exploration Group Ltd. . The Company plans to drill approximately 5,000 meters. Pan American's inaugural Drill Program will [...]
Pan American Energy Corp. is pleased to announce that Full Force Diamond Drilling Ltd. and Axiom Exploration Group Ltd. crews have arrived in Kenora, Ontario as part of the Company's mobilization to commence the advanced exploration drilling program at the Big Mack Lithium Project beginning November, 2023. The Company is fully permitted to conduct an advanced exploration drilling program at the Property, Pan American's [...]
Pan American Energy Corp. is pleased to announce that it has selected Full Force Diamond Drilling Ltd. as the drilling contractor for the fully-permitted advanced exploration drilling program at the Big Mack Lithium Project, the Company's hard rock pegmatite lithium prospective property located approximately 80 kilometers north of the town of Kenora, Ontario . Full Force was selected after a rigorous and competitive [...]
Pan American Energy Corp. is pleased to announce that the Company has received an Exploration Permit from the Ontario Ministry of Mines for the Big Mack Lithium Project . The Company has identified several high-priority drill targets as a result of field sampling and geophysical work completed earlier this year which it intends to drill as part of the planned exploration program. The Company's contractor partner, Axiom [...]
Pan American Energy Corp. is pleased to announce that is has commenced work on its inaugural mineral resource estimate at its Horizon Lithium Project in the Big Smoky Valley, Esmeralda County, Nevada. The Company has retained RESPEC, LLC , a leader in lithium claystone resource estimations and engineering design work, to complete the MRE as well as a technical report on the Project. RESPEC will use the results of the [...]
Pan American Energy Corp. is pleased to announce the completion and assay results of its exploratory subsurface drill program, Phase 1 and 2, at its Horizon Lithium Project in the Big Smoky Valley, Esmeralda County, Nevada. This exploratory drilling program consisted of twenty-one targeted diamond core drill holes on Pan American's 17,334 acres of lithium-bearing claims and resulted in the discovery of significant lithium [...]