PAN AMERN ENERGY CORP Stock Price, News & Analysis

Pan American Energy (OTC:PAANF) has announced details of its upcoming 2025 exploration campaign at the Tharsis Project in Northwest Territories. The two-week program, scheduled for September, will focus on high-resolution lake mapping and outcrop analysis at Squalus Lake.

The program includes a bathymetric survey to create a detailed digital model of the lake bottom and targeted outcrop studies to measure magnetic susceptibility and compile lithological descriptions. Additionally, the company will conduct an Archaeological Impact Assessment (AIA) to ensure compliance with territorial heritage guidelines.

This integrated approach aims to enhance geological understanding, improve correlations between surface geology and geophysical anomalies, and identify preliminary drill targets while maintaining environmental and cultural responsibility.

Pan American Energy (OTC:PAANF) has announced the commencement of Phase 1 fieldwork at its newly acquired Tharsis Project. The initial phase focuses on conducting surveying activities to establish baseline information and develop a comprehensive geological model for future exploration phases.

The structured, multi-step exploration plan aims to advance the project methodically while incorporating environmental and cultural considerations. The results will help guide future drill targeting decisions. The project's technical aspects have been verified by Jared Suchan, Ph.D., P.Geo., the Company's Technical Advisor and Qualified Person under National Instrument 43-101.

Pan American Energy Corp. has entered into a definitive option agreement with Northern Critical Minerals Corp. to acquire up to 100% interest in the Tharsis Project in Northwest Territories, Canada. The project spans 8,750 hectares across seven mineral claims and includes the Squalus Lake Alkaline Complex. To acquire full ownership, Pan American must make total payments of $400,000, issue 800,000 common shares, and invest $5 million in exploration over four years. The project, located 180km north-northeast of Yellowknife, shows potential for rare earth elements (REE) and high field strength element mineralization. NCM will retain a 2% NSR royalty, with 1% repurchasable for $1 million. Initial exploration has revealed strong magnetic anomalies and elevated REE concentrations, suggesting similarities to other significant global REE deposits.

Pan American Energy Corp (CSE: PNRG | OTCQB: PAANF) has announced significant leadership changes. Adrian Lamoureux has been appointed as the new CEO and Board member, bringing over 15 years of business experience in capital markets, with expertise in early-stage companies and mineral exploration.

Former Interim CEO Paul Gorman has stepped down but will remain on the Board. The company also announced the departure of Ms. Nicky Grant from the Board of Directors. Pan American Energy focuses on battery metals exploration and development in North America.

Lamoureux's extensive experience includes roles as CEO, President, Director, and positions in Corporate Development and Investor Relations, particularly in mineral exploration and development sectors.

Pan American Energy has initiated a new 2,000-meter diamond drilling program at its Big Mack Lithium Property in northwestern Ontario, Canada. This program builds upon an earlier 8,000-meter drill campaign from 2023-24 and aims to further delineate high-priority targets and refine the property's geological model.

The program will also investigate cesium potential, which has been identified beyond the lithium-dominant zones within the pegmatite cores. The property, situated in the Separation Lake Greenstone Belt, has already shown multiple mineralized pegmatite zones, including the Big Mack, Eleven Zone, and 6059/Sprinkler Zone pegmatites.

Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) has been awarded a grant of up to $200,000 under the Ontario Junior Exploration Program (OJEP) from the Government of Ontario. The grant will cover 50% of eligible exploration costs at the Big Mack Lithium Project. The company was selected under OJEP's critical minerals stream, which focuses on promoting exploration of critical mineral projects in Ontario.

Additionally, Pan American has completed a debt settlement with Ocean Wall (OWL) for C$30,000 through the issuance of 600,000 common shares at a deemed price of C$0.05 per share. The shares are subject to a four-month hold period. This transaction may be considered a "related party transaction" as Nicky Grant, a director of Pan American, is the Head of Corporate Advisory for OWL.

Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) has completed Phase Two earn-in payments and work expenditures for the Big Mack Lithium Project in Kenora, Ontario, acquiring a 75% interest. The company can earn an additional 15% interest by issuing C$100,000 of shares by August 22, 2025. Pan American has also terminated its option agreement for the Horizon Property in Esmeralda County, Nevada, citing current market conditions, development costs, and a strategic focus on Big Mack. CEO Jason Latkowcer stated this decision would allow better resource allocation and drive long-term shareholder value.

Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF) has announced that its collaborative research project, 'Geomicrobiology for Detecting Rare Metal Deposits', has been awarded $610,000 in non-dilutive funding from NSERC and MITACS. This project, a collaboration between Pan American, Integral Metals Corp., and the University of Regina, aims to enhance exploration at the Big Mack Lithium Project in Ontario.

The funding will support the Spring 2024 field sampling program and subsequent testing. The program, completed on June 21st, 2024, involved collecting soil, rock, and vegetation samples, as well as recording field data and groundwater chemistry. Pan American intends to use geomicrobiology to refine exploratory drill targets at Big Mack, potentially extending known mineralization.

Pan American Energy has completed its Spring 2024 field prospecting and sampling program at the Big Mack Lithium Project in Ontario. The program, part of a research collaboration with the University of Regina's Institute of Microbial Systems and Society, ran from May 13th to June 21st, 2024, on schedule and within budget. It involved eight geoscience students who collected 885 soil, 659 rock, 392 plant samples, and performed 189 water chemistry measurements across 856 stations. The project aims to integrate geomicrobiology with existing geochemical and geophysical data to refine exploratory drill targets. Results are awaited from the Saskatchewan Research Council and IMSS laboratories.