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. (OTC: PAANF) generates news primarily through its exploration activities for battery and critical metals in North America. The company is active on projects that target lithium, rare earth elements, niobium, and other high field strength elements, and its updates focus on technical progress at the Big Mack Lithium Project in Ontario and the Tharsis REE Project in the Northwest Territories.
News releases commonly cover drilling campaigns, field programs, and geological modeling. At Big Mack, Pan American has reported on diamond drilling designed to refine the geological model, delineate lithium-cesium-tantalum pegmatite zones, and investigate cesium potential alongside lithium. At Tharsis, the company issues updates on geological mapping, magnetic and lithological studies, and bathymetric surveys on Squalus Lake that support future drill planning.
Investors following PAANF can also expect announcements related to option agreement milestones, earn-in stages, and portfolio decisions, such as completing phases of the Big Mack option or refocusing efforts away from non-core properties. Additional news items may include participation in programs like the Ontario Junior Exploration Program grant under the critical minerals stream, which supports eligible exploration costs.
This news page aggregates Pan American Energy’s publicly released information so readers can track how technical work, project priorities, and exploration strategies evolve over time. For those interested in early-stage lithium and rare earth exploration, the updates provide insight into how the company is advancing its key Canadian projects from data collection through to drill target generation.
Pan American Energy Corp. (OTC PINK: PAANF) has partnered with Integrity Mining and Industrial (IMI) to explore sustainable chemistries aimed at enhancing lithium recovery from various sources. The collaboration will involve sharing samples from Pan American's Horizon Lithium and Big Mack properties for testing at IMI's facilities. IMI specializes in bio-based chemicals that replace traditional methods, promoting sustainability in lithium extraction. Jason Latkowcer, CEO of Pan American, emphasizes the commitment to optimizing lithium production processes, while IMI aims to diversify into critical minerals. This partnership reflects a strategic move towards supporting the growing electric and green markets.
Pan American Energy Corp. has announced a Special Meeting of shareholders on April 11, 2023, to vote on a proposed spin-out of its Green Energy Property in Utah. The Meeting Materials have been distributed, detailing the transaction with Legacy Lithium Corp., which aims to unlock the value of the Green Energy Property. Shareholders of record as of February 27, 2023, can vote, with the deadline for proxy returns on April 6, 2023. A 66.67% approval is required for the transaction to proceed. The board recommends voting in favor of the resolution, emphasizing the benefits of separating operations to focus on the advancement of their projects.
Pan American Energy Corp. (OTC PINK: PAANF) has initiated drilling at hole #3, HL022, located near a significant inferred lithium claystone resource deposit in the USA. On February 26, 2023, the company reported 539 feet of continuous potential lithium-bearing claystone at drill hole HL009. The ongoing drilling program is fully permitted and includes a total of 22 holes. CEO Jason Latkowcer expressed optimism about HL022's potential, particularly given its proximity to American Battery Technology Corp's substantial resource deposit of 15.8 million tons of lithium carbonate equivalent.
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.
Summary not available.