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Pan Amern Energy Ord Shs C.PNRG

Pan American Energy Corp. is a Canada-based exploration stage company. The Company is principally in the acquisition, exploration and development of mineral properties containing battery metals in North America. The company has a diversified asset base in Canada and the United Sates of America, including hard rock lithium (Ontario) and claystone lithium (Nevada). It has an option agreement in Canada with Magabra Resources, providing for the right to acquire up to a 90% interest in the Big Mack Lithium Project, 80 kilometers north of Kenora, Ontario. The Horizon Property is comprised of 839 unpatented lode mining claims covering approximately 17,334 acres of land, located in the Big Smoky and Monte Cristo Basins of Esmeralda County, Nevada. The Company also has a property option agreement with Horizon Lithium LLC providing for the right to acquire a 100% interest in the Horizon Lithium Project, located within Esmeralda County- Tonopah Lithium Belt, Nevada, United States of America.


CSE:PNRG - Post by User

Post by Betteryear2on May 24, 2023 8:59pm
177 Views
Post# 35462914

Phase One Drilling Results at the Horizon Lithium Project

Phase One Drilling Results at the Horizon Lithium ProjectCALGARY, Alberta, May 24, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce positive drill results from its initial exploratory subsurface drill program, Phase 1, at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada. The program involved targeted drilling in strategic locations based on extensive geological research conducted by the Company’s strategic contractor partner, RESPEC (“RESPEC”). This initial exploratory drilling program consisted of eleven (11) targeted diamond core drill holes on Pan American’s 17,334 acres of lithium-bearing claims resulting in the identification of substantial lithium deposits within the region. The successful drill program represents a major milestone for Pan American, showcasing their expertise in identifying and evaluating valuable mineral resources. The Company remains committed to responsible mining practices and intends to continue exploration efforts to further delineate the size, quality, and economic viability of the newly discovered lithium deposits.

Pan American Energy Announces Phase One Drilling Results at (globenewswire.com)
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