Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FSE: SS6) is a focused on expanding the boundaries of the lithium supply chain in North America. The Company had a diversified asset base with assets in both Canada and the United States.
The Company's largest land claim, the Horizon Lithium Project, is 17,334 acres and is located in the premier region for lithium disposition in the United States - Esmeralda County, Nevada. The Project is located adjacent to American Battery Technology Corp's Tonopah Flat's Project that was recently announced as one of the largest lithium claystone inferred resources in the United States, 15.8 million tonnes of lithium carbonate equivalent (LCE). The Company is actively drilling and fully permitted to drill up to 22 drillholes to max depth of 1,000 feet per hole. Throughout the drill program, The Company has observed limited overburden and continuous clay at depth. The Phase 1 program consists of 11 drill targets within the property boundaries.
The Company's hard rock lithium asset is located in Northern Ontario, Canada, and is known as the Big Mack Project. This Project is a lithium-cesium-tantalum (LCT) pegmatite property. There are over 20+ pegmatites on the property and historical drill-core sample results tested as high as 2.74% lithium oxide (Li2O). The Company is fully funded for a 5,000 metre drill program and will begin drilling Spring/Summer 2023.