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Pan American Energy Announces Completion of Drill Trails to Big Mack Phase 1 & 2 Drill Sites
CALGARY, Alberta, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is plea
About this update from Pan American Energy Corp.
[{"type":"text","content":" CALGARY, Alberta, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is pleased to announce the completion of the drill trails to the Big Mack, Eleven Zone and Sprinkler Zone / 6059 LCT-pegmatites, allowing for safer access for trucks and drilling equipment onto the Big Mack Property (the “Property”). The repair is the first infrastructure development undertaken by the Company on the Property. In addition, the Company has renewed the mining lease for another 21 years to 2042 and the Ministry of Energy, Northern Development and Mines Big Mack Advanced Exploration & Closure Plan is currently being revised and updated by the Company. The access trail has been re-opened in preparation for the Company’s planned 5,000 plus metre diamond head core drilling and sampling program which is expected to start with the Big Mack and Eleven Zone surface exposures. “Establishing this updated trail infrastructure advances the Property in two ways,” states Chief Executive Officer, Jason Latkowcer. “First, it creates a passage allowing safer drive-in access for our exploration geologists and drilling contractors. Second, it solidifies our infrastructure to move material out of the project, which will be important if and when the Property is commercialized. The Company expects to announce our phase 1 drilling program in the coming weeks. We’re excited to have this step complete.” About Pan American Energy Corp. Pan American Energy Corp. (CSE: PNRG) (OTC PINK: PAANF) (FSE: SS6) is an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America. The Company’s flagship asset is the 100% owned Green Energy Lithium Project, located in the Paradox Basin, Utah, USA. The Company has also entered a property option agreement with Horizon Lithium LLC with the right to acquire 100% interest in the Horizon Lithium Project, located within the Clayton Valley – Tonopah Lithium Belt, Nevada, USA. The Company executed an option agreement in Canada with Magabra Resources with the right to acquire up to 90% interest in the drill-ready Big Mack Lithium Project, 80 km north of Kenora, Ontario. On Behalf of the Board of DirectorsJason LatkowcerCEO & Director ContactPhone: (585) 885-59...