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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 Nov 20, 2023 2:51pm
167 Views
Post# 35744945

One of the Largest Identified Lithium Deposits C.PNRG

One of the Largest Identified Lithium Deposits C.PNRGCALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE:PNRG) (OTC PINK: PAANF) (FRA: SS60) ("Pan American" or the "Company") is pleased to announce its inaugural mineral resource estimate ("MRE") on its Horizon Lithium Project (the "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 (“NI 43-101”). The Horizon Lithium Project is one of the largest ‎land packages in the Tonopah Lithium Belt, encompassing 839 unpatented lode claims covering ‎approximately 17,334 acres. Pan American holds its interest in the Project pursuant to a property option agreement (the “Property Option ‎Agreement”) entered into with the owner of the Project, Horizon Lithium LLC, which allows Pan ‎American to explore the Project and to earn a 100% interest in the Project by making certain ‎cash payments and share issuances to Horizon Lithium LLC.‎

Pan American Energy Corp Announces One of the Largest (globenewswire.com)
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