Welcome to our dedicated page for PAN AMERN ENERGY news (Ticker: PAANF), a resource for investors and traders seeking the latest updates and insights on PAN AMERN ENERGY stock.
Pan American Energy Corp (PAANF) provides investors and industry observers with critical updates on lithium exploration projects and strategic developments across North America. This dedicated news hub consolidates official announcements, technical progress reports, and partnership updates related to the company's battery metals focus.
Access timely updates on key initiatives including phased drilling results from the Big Mack Lithium Project, metallurgical testing advancements, and strategic acquisitions in established lithium districts. The curated collection serves as a primary resource for tracking exploration milestones, academic collaborations, and quality assurance protocols that underpin the company's operations.
Regular updates cover essential developments such as resource estimation progress, regulatory compliance achievements, and research partnerships with institutions like the University of Nevada, Reno. Content maintains strict adherence to NI 43-101 reporting standards while presenting complex geological data in accessible formats.
Bookmark this page for streamlined access to verified information about PAANF's lithium and petalite exploration efforts. Check back regularly for updates that reflect the company's systematic approach to unlocking battery metal resources in high-potential regions.
Pan American Energy Corp. (OTC PINK: PAANF) has announced the successful completion of drill hole #1 (HL010) and the commencement of drill hole #2 (HL090) in its lithium exploration program. The initial drill hole revealed 878 feet of continuously potential lithium-bearing claystone, with further observations made at 989 feet. CEO Jason Latkowcer remarked on the promising results, indicating potential for a meaningful lithium resource estimate. A total of 181 samples are set for expedited analysis at ALS Global in Reno, Nevada. The ongoing exploration aims to capitalize on the growing demand for battery metals.
Pan American Energy Corp. (OTC PINK: PAANF) has commenced its Phase 1 drilling program at the Horizon Lithium Project in Nevada. This exploration initiative focuses on eleven priority drill holes out of a total of twenty-two planned. The drilling started on February 12, 2023, with the initial hole HL010 already in progress. Partnering with KB Drilling and RESPEC Consulting, the company has established a core logging facility in Tonopah. CEO Jason Latkowcer expressed enthusiasm over the initial setup and drilling progress, highlighting the team's readiness to ensure a successful operation.
Pan American Energy Corp. (OTC PINK: PAANF) has announced the commencement of its Phase 1 exploration drilling program at the Horizon Lithium Project in Nevada, scheduled for February 11, 2023. The project spans 17,334 acres and is located near Tonopah. A core drilling rig has been mobilized, and the drilling will involve twenty-two core drill holes, managed by KB Drilling and overseen by RESPEC Consulting. CEO Jason Latkowcer expressed excitement about entering the lithium sector, buoyed by recent industry developments, including significant investments in lithium projects in Nevada.
Pan American Energy Corp. (OTC PINK: PAANF) has announced a spin-out plan for its Green Energy Lithium Property into a new entity named Legacy Lithium Corp.. On April 11, 2023, shareholders will vote on the arrangement, which proposes that for every five common shares of Pan American, shareholders will receive one share of Legacy. The record date for this distribution is anticipated to be April 17, 2023, with the closing date expected around April 19, 2023. This move aims to unlock shareholder value in the lithium property while allowing Pan American to focus on its other projects. There will be no change in individual holdings of Pan American shares.
Pan American Energy Corp. (CSE: PNRG, OTC PINK: PAANF) has received Bureau of Land Management approval for an amendment to increase its exploration drilling from 19 to 22 lithium prospecting core holes at the Horizon Lithium Project, located in Esmeralda County, Nevada. This expansion allows for enhanced opportunities to detect lithium mineralization early in the phase 1 program. The Horizon Lithium Project spans 17,334 acres and is adjacent to American Battery Technology’s project. CEO Jason Latkowcer emphasized the efficacy of Nevada's permitting system in supporting mining initiatives.
Pan American Energy Corp. (OTC: PAANF) has announced a fully funded drilling program costing C$1.5M at its Horizon Lithium Project, targeting eleven high-priority drill sites starting February 2023. Partnering with RESPEC Consulting Inc., the initiative aims to assess lithium concentration and mineralization depth across a 17,334-acre site. Currently permitted for 19 drill holes, the company seeks to expand this to 22 with an amendment to the Bureau of Land Management. This program may enhance the understanding of the lithium resource potential at Horizon, contributing to future commercialization efforts.
Pan American Energy Corp. (OTC PINK: PAANF) has announced its support for a project aimed at producing battery-grade lithium hydroxide from geothermal brines. Led by the University of Nevada, this project is a response to the Department of Energy's funding opportunity. The company plans to provide brine solutions from its Green Energy Lithium property to assist in developing efficient lithium extraction technologies. CEO Jason Latkowcer emphasizes the potential benefits of this collaboration for both the company and the lithium mining industry. The project aims to enhance sustainability in lithium production while potentially transforming the sector.
Pan American Energy Corp. (CSE: PNRG) (OTC PINK: PAANF) plans to spin out its Green Energy Lithium Project in Utah into a wholly-owned subsidiary. The move aims to unlock the project’s value and enhance focus on the Horizon and Big Mack Lithium Projects. Shareholders will receive shares of the new subsidiary on a pro rata basis. The spin-out is anticipated to proceed by March 15, 2023, pending required approvals. CEO Jason Latkowcer believes this reorganization will better reflect asset values and allow for more effective resource allocation.
Pan American Energy Corp. has received approval for its Phase 1 drill program at the Horizon Lithium Project in Esmeralda County, Nevada. The approval allows drilling of 19 lithium prospecting core holes on 17,334 acres managed by the BLM. CEO Jason Latkowcer highlighted the successful permit submission, positioning the company to advance its drilling program in Q1 2023. This announcement follows positive developments in the Tonopah region, particularly an increase in lithium resources at nearby projects.
FAQ
What is the current stock price of PAN AMERN ENERGY (PAANF)?
What is the market cap of PAN AMERN ENERGY (PAANF)?
