Pan Amern Energy Ord Shs C.PNRG

One of the Largest Identified Lithium Deposits C.PNRG

[Betteryear2]

CALGARY, 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)