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October 17, 2023
The Company is fully funded for approximately 5,000 meters of diamond core drilling that is scheduled to begin in November, 2023
Calgary AB – Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce that the Company has received an Exploration Permit (PR-23-000091) from the Ontario Ministry of Mines for the Big Mack Lithium Project (the “Property”). The Company has identified several high-priority drill targets as a result of field sampling and geophysical work completed earlier this year which it intends to drill as part of the planned exploration program. The Company’s contractor partner, Axiom Exploration (“Axiom”), will support the planned exploration work, including project management, drill program design, geological data collection, testing and technical reporting.
“We are thrilled to have received this exploration permit from the Ontario Ministry of Mines and look forward to getting to work in the coming weeks,” said Jason Latkowcer, Chief Executive Officer at Pan American. “The previous work on the Property has allowed us to refine our drill targeting. We have identified some incredible targets in the program design”. Jason continued, “We would like to acknowledge that the Big Mack Project lies within the traditional land use area of the Wabaseemoong Independent Nations of Whitedog, Ontario. We are committed to conducting operations in accordance with applicable environmental laws and in collaboration with the local community.”
The technical content of this news release has been reviewed and approved by Lynde Guillaume, P.Geo, who is a consulting geologist of Axiom Exploration, an independent consultant of the Company, and a “Qualified Person” as defined by NI 43-101.
For additional information regarding the Company’s surface sampling program at the Property, including a complete summary of the samples collected and the results of the sampling program and the sampling and analytical methods and QA/QC protocols, please see the Company’s news release dated August 9, 2023, which is filed on the Company’s SEDAR+ profile at www.sedarplus.ca.
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On Behalf of the Board of Directors
CEO & Director
Phone : (587) 885-5970