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Pan American Energy Completes Magnetic Survey Campaign Fieldwork at Big Mack Lithium Project
CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS6) is ple
About this update from Pan American Energy Corp.
[{"type":"text","content":" CALGARY, Alberta, April 03, 2023 (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 joint magnetic survey collaboration project between the Company and Avalon Advanced Materials Inc. (“Avalon”) at the Big Mack and Big Whopper Project near Kenora, Ontario. The work was completed by EarthEx Geophysical Solutions (“EarthEx”) on schedule and on budget. The magnetic survey is comprised of an estimated 725 line-km with spacing of 25 m and tie line spacing of 250 m. As of a result of industry and academia collaborating on this project, the collective group will benefit from advancing an understanding of the structural behaviours and stress/strain of the emplaced pegmatites in the Separation Rapids area. Flying a larger area provides more structural context, and is expected to significantly aid in the interpretation of data. The University of Manitoba and EarthEx are also granted use of the data for research, publication, and case study purposes. Jason Latkowcer, CEO and Director, comments, “We’re excited to have completed the field work portion of data collection and look forward to having EarthEx process the data in the coming weeks. The job was completed safely, on-time, and on-budget. We are anticipating a highly insightful dataset that, through collaboration with our peers, will help to support our understanding of pegmatites in the region at scale. The findings will be used to support our upcoming Spring/Summer exploration and drilling campaign at the Big Mack.” Pan American will also collaborate with EarthEx to fly a drone-borne gamma-ray spectrometry, LiDAR and high-resolution air photography as a follow-on work program. EarthEx will return to the property area in the Spring/Summer, once the snow has melted from the property. The gamma-ray spectrometry method is effective for pegmatite exploration due to the potassium signature detectable due to K-feldspar crystals in the pegmatites themselves, as well as the ability for anomalous potassium to be present in sediments and even vegetation. The LiDAR survey is effective at identifying outcrop and mapping even fine-scale structures or protruding pegmatites in areas of thick vegetation. With the spring survey schedule, the air photo mosaics will be able to see more of t...