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Pan American Energy Announces Details of Upcoming Tharsis Field Program

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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) ha annunciato i dettagli della futura campagna esplorativa 2025 nel Progetto Tharsis nel Northwest Territories. Il programma di due settimane, previsto per settembre, si concentrerà sulla mappa ad alta risoluzione dei laghi e sull'analisi dei outcrop a Squalus Lake. Il programma comprende una batimetria per creare un modello digitale dettagliato del fondo del lago e studi mirati sugli outcrop per misurare la suscettibilità magnetica e predisporre descrizioni litologiche. Inoltre, l'azienda svolgerà una Valutazione d'Impatto Archeologico (AIA) per garantire la conformità alle linee guida patrimoniali territoriali. Questo approccio integrato mira a migliorare la comprensione geologica, affinare le correlazioni tra geologia superficiale e le anomalie geofisiche e identificare bersagli di trivellazione preliminari, mantenendo al contempo responsabilità ambientale e culturale.

Pan American Energy (OTC:PAANF) ha anunciado los detalles de su próxima campaña de exploración 2025 en el Proyecto Tharsis en Northwest Territories. El programa de dos semanas, programado para septiembre, se enfocará en mapeo de lagos de alta resolución y análisis de afloramientos en Squalus Lake. El programa incluye una batimetría para crear un modelo digital detallado del fondo del lago y estudios de afloramientos dirigidos a medir la susceptibilidad magnética y compilar descripciones litológicas. Además, la empresa llevará a cabo una Evaluación de Impacto Arqueológico (AIA) para asegurar el cumplimiento de las directrices patrimoniales territoriales. Este enfoque integrado busca ampliar la comprensión geológica, mejorar las correlaciones entre la geología de superficie y las anomalías geofísicas e identificar posibles objetivos de perforación preliminares, manteniendo la responsabilidad ambiental y cultural.

Pan American Energy (OTC:PAANF)는 Northwest Territories의 Tharsis 프로젝트에서 다가오는 2025년 탐사 캠페인의 세부 사항을 발표했습니다. 9월에 예정된 2주간의 프로그램은 Squalus Lake에서 고해상도 호수 매핑 및 노출암 분석에 집중할 것입니다. 프로그램에는 호수 바닥의 자세한 디지털 모델을 만들기 위한 심해도 조사와 자력 감응성을 측정하고 암석학적 설명을 수집하기 위한 노출암 연구가 포함됩니다. 또한 영토 유산 가이드라인 준수를 보장하기 위해 고고학적 영향 평가(AIA)도 실시합니다. 이 통합적 접근은 지질 이해를 향상시키고 표면 지질과 지구물리 이상 간의 상관관계를 개선하며 예비 시추 목표를 식별하는 동시에 환경 및 문화적 책임을 유지하는 것을 목표로 합니다.

Pan American Energy (OTC:PAANF) a annoncé les détails de sa prochaine campagne d'exploration 2025 au projet Tharsis dans les Territoires du Nord-Ouest. Le programme de deux semaines, prévu pour septembre, se concentrera sur la cartographie du lac à haute résolution et l'analyse des affleurements à Squalus Lake. Le programme comprend une bathymétrie pour créer un modèle numérique détaillé du fond du lac et des études ciblées sur les affleurements afin de mesurer la susceptibilité magnétique et de compiler des descriptions lithologiques. De plus, l'entreprise mènera une Évaluation d'Impact Archéologique (AIA) pour garantir le respect des directives patrimoniales territoriales. Cette approche intégrée vise à améliorer la compréhension géologique, à affiner les corrélations entre la géologie de surface et les anomalies géophysiques et à identifier des cibles de forage préliminaires tout en assurant la responsabilité environnementale et culturelle.

Pan American Energy (OTC:PAANF) hat Details zu seiner bevorstehenden Explorationskampagne 2025 im Tharsis-Projekt in den Nordwest-Territorien bekannt gegeben. Das zweiwöchige Programm, geplant für September, wird sich auf hochauflösende Seenkartierung und Outcrop-Analysen am Squalus Lake konzentrieren. Das Programm umfasst eine Bathymetrie, um ein detailliertes digitales Modell des Seebodens zu erstellen, und gezielte Outcrop-Studien zur Messung der magnetischen Suszeptibilität und zur Erstellung lithologischer Beschreibungen. Zusätzlich wird das Unternehmen eine Archäologische Folgenabschätzung (AIA) durchführen, um die Einhaltung der territorialen Erbe-Richtlinien sicherzustellen. Dieser integrierte Ansatz zielt darauf ab, das geologische Verständnis zu verbessern, Korrelationen zwischen Oberflächengestein und geophysikalischen Anomalien zu optimieren und vorläufige Bohrziele zu identifizieren, während Umwelt- und Kulturlasten berücksichtigt werden.

أعلنت Pan American Energy (رمز التداول OTC:PAANF) عن تفاصيل حملتها الاستكشافية القادمة لعام 2025 في مشروع ثارسيس في الإقليم الشمالي الغربي. سيركز البرنامج الذي يستغرق أسبوعين والمقرر في سبتمبر على رسم خريطة للبحيرات عالية الدقة وتحليل تكشيف المحجر في بحيرة Squalus. يشمل البرنامج مسحاً بحرياً Bathymetric survey لإنشاء نموذج رقمي تفصيلي لقاع البحيرة ودراسات كشف على الصخور لتقييم القابلية المغناطيسية وتجميع أوصاف لِيطولوجية. بالإضافة إلى ذلك، ستجري الشركة تقييم الأثر الأثري (AIA) لضمان الامتثال للإرشادات التراثية الإقليمية. يهدف هذا النهج المتكامل إلى تعزيز الفهم الجيولوجي وتحسين الترابط بين جيولوجيا السطح والشواهد الفيزيائية، وتحديد أهداف الحفر الأولية مع الحفاظ على المسؤولية البيئية والثقافية.

泛美能源公司(OTC:PAANF)宣布其在西北地区 Tharsis 项目的 2025 年勘探行动细节。为期两周的计划将于九月进行,聚焦于 Squalus 湖的高分辨率湖泊测绘与露头分析。该计划包括一次测深勘探,以创建湖底的详细数字模型,以及定向露头研究,以测量磁化率并编制岩性描述。此外,公司还将进行考古影响评估(AIA),以确保符合辖区文物指南。这种综合方法旨在深化地质理解、改善地表地质与地球物理异常之间的相关性,并在保持环境与文化责任的同时,识别初步钻探目标。

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High-Resolution Lake Mapping and Outcrop Analysis Advance Planning for the Next Phase of Exploration

CALGARY, Alberta, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to provide further details of the upcoming 2025 exploration campaign at the Tharsis Project, located at Squalus Lake in the Northwest Territories. The program is designed to advance geological understanding of the project through an integrated bathymetric survey and outcrop characterization campaign. Over approximately two weeks in September, the work will focus on mapping the lake bottom and investigating adjacent bedrock exposures.

The dedicated bathymetric survey is expected to generate a high-resolution digital model of the lake bottom and, where feasible, extend imaging to the sediment-bedrock interface. This survey will be complemented by targeted outcrop studies around the lake, where crews will measure magnetic susceptibility and compile detailed lithological descriptions. The integration of these datasets is anticipated to refine the regional geological model, improve correlations between surface geology and geophysical anomalies, and support the identification of preliminary drill targets.

The Company will also undertake an Archaeological Impact Assessment (AIA) to ensure future exploration proceeds in compliance with territorial heritage and cultural guidelines. This work builds upon the earlier Archaeological Overview Assessment (AOA) and represents an important step in advancing the project toward drill readiness in a responsible and environmentally conscious manner.

Adrian Lamoureux, CEO of Pan American Energy, commented: “This program is an important step forward for the Tharsis Project. The combination of a bathymetric survey alongside detailed outcrop studies will help form a comprehensive picture of the geology beneath Squalus Lake. We expect these results to not only refine our geological model but also to set the stage for identifying drill targets in a responsible and scientific manner.”

Pan American Energy looks forward to sharing updates as this work proceeds, and to advancing the Tharsis Project through a technically rigorous and responsible exploration process.

Qualified Person

The scientific and technical content of this news release has been reviewed, verified, and approved by Jared Suchan, Ph.D., P.Geo., Technical Advisor to the Company and a “Qualified Person” as defined by National Instrument 43-101.

About Pan American Energy Corp.

Pan American Energy Corp. (CSE: PNRG) (OTC: PAANF) (FSE: SS60) is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America.

The Company has executed an option agreement in Canada with Magabra Resources pursuant to which it has acquired a 75% interest in the Big Mack Lithium Project, 80 km north of Kenora, Ontario, with the right to earn an additional 15% for a total 90% interest. Pan American has also entered into an option agreement with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project, located in the Northwest Territories. The project hosts the Squalus Lake Alkaline Complex, a Proterozoic-age carbonatite-bearing intrusion prospective for rare earth and high field strength elements.

On Behalf of the Board of Directors:

Adrian Lamoureux

CEO

Contact:

Phone: (587) 885-5970
Email: info@panam-energy.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding the Company’s exploration and other plans with respect to its mineral properties, and the geological potential of such properties, as well as future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The CSE has neither approved nor disapproved the information contained herein.


FAQ

What is the purpose of Pan American Energy's 2025 Tharsis Project exploration program?

The program aims to advance geological understanding through bathymetric surveys and outcrop characterization, helping create a comprehensive picture of geology beneath Squalus Lake and identify potential drill targets.

When will PAANF conduct its Tharsis Project exploration program?

The exploration program will take place over approximately two weeks in September 2025 at Squalus Lake in the Northwest Territories.

What specific surveys will Pan American Energy conduct at the Tharsis Project?

The company will conduct a bathymetric survey to create a high-resolution digital model of the lake bottom and perform outcrop studies to measure magnetic susceptibility and compile lithological descriptions.

How is Pan American Energy ensuring environmental and cultural compliance at the Tharsis Project?

The company will conduct an Archaeological Impact Assessment (AIA), building upon their previous Archaeological Overview Assessment (AOA), to ensure compliance with territorial heritage and cultural guidelines.
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