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Pan American Energy readies exploration of Big Mack Lithium Project

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| November 1, 2023

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  • Pan American Energy (CSE:PNRG) has mobilized crews to commence the advanced exploration drilling program at its Big Mack Lithium Project in Ontario
  • The Calgary-based company has brought Full Force Diamond Drilling Ltd. and Axiom Exploration Group Ltd. crews on board to the site in Kenora, Ontario
  • Full Force has mobilized one skid-mounted A5 hydraulic machine drill and an operating crew with the aim of drilling approximately 5,000 metres at the property
  • Pan American Energy last traded at $0.57 per share

Pan American Energy (CSE:PNRG) has mobilized crews to commence the advanced exploration drilling program at its Big Mack Lithium Project in Ontario.

The Calgary-based company has brought Full Force Diamond Drilling Ltd. and Axiom Exploration Group Ltd. crews on board to the site in Kenora, Ontario. Work is set to begin later this month.

Full Force has mobilized one skid-mounted A5 hydraulic machine drill and an operating crew with the aim of drilling approximately 5,000 metres at the property.

The drill program was designed by Axiom’s geological and geophysical team, who will maintain oversight and management of the program in the field. The objective of the drilling is to quantify the presence and extent of critical mineral mineralization on the property, with the goal of declaring a mineral resource estimate.

Avalon Advanced Materials Inc. (TSX:AVL) is also actively drilling directly next to the property on their Separation Rapids Lithium Project.

“Today, we proudly declare the mobilization of our drilling and geological crews for an exciting exploratory drill program focused on unlocking the potential of the Big Mack Lithium Project,” Jason Latkowcer, CEO of Pan American Energy, said in a statement. “To operate a successful program, it requires extensive geological and logistical planning. All of this is made possible by the human capital that makes up the various teams, including Pan American staff, our partners and our contractors.”

Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties across North America.

Pan American Energy last traded at $0.57 per share and is up 22.58 per cent over the past three months.

Join the discussion: Find out what everybody’s saying about this stock on the Pan American Energy Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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