- Pan American Energy (PNRG) is planning to drill 11 targets at its Horizon Lithium Project starting February 2023
- The program is fully funded with an estimated budget of C$1.5M
- The company is permitted for 19 drill holes and has submitted an amendment application to the Bureau of Land Management to increase to 22
- Pan American Energy (PNRG) is up 2.27 per cent, trading at C$0.90 at 10:55 am ET
Pan American Energy (PNRG) is planning to drill 11 targets at its Horizon Lithium Project starting February 2023.
The program is fully funded with an estimated budget of C$1.5M. The company is permitted for 19 drill holes and has submitted an amendment application to the Bureau of Land Management to increase to a total of 22. The 70 sq. km. project is located within the Clayton Valley – Tonopah Lithium Belt in Nevada.
RESPEC Consulting Inc. serves as a strategic technology partner for Horizon, commissioned to design, manage, contract, and run the drilling program.
Pan American’s CEO Jason Latkowcer stated that the team’s preparation leading up to this program has instilled what he calls tremendous confidence in their chances of success.
“RESPEC recently completed a drilling program at a nearby lithium venture and is currently engaged to perform an independent analysis of American Battery Technology Corp’s exploration results to quantify the magnitude of their lithium-bearing resource immediately adjacent to Pan American’s Northern border. Upon completion, this program is designed to further quantify the existence of a valuable lithium deposit at Horizon. We will focus on overburden assessment, the concentration of lithium, depth of mineralization, thickness of the ore zone, and the breadth of the resource.”
Pan American Energy Corp. (PNRG) is an exploration stage company engaged in the acquisition, exploration and development of mineral properties containing battery metals in North America.
Pan American Energy (PNRG) is up 2.27 per cent, trading at C$0.90 at 10:55 am ET.
