- Pan American Energy (CSE:PNRG) has begun its latest drilling program at the Big Mack Lithium Property, located in the Paterson Lake Area of northwestern Ontario
- This new initiative aims to complete approximately 2,000 metres of diamond drilling by the end of the year
- In addition to lithium, the program will also focus on investigating the potential of cesium, a critical mineral identified in earlier explorations
- Pan American Energy stock (CSE:PNRG) last traded at $0.17 and has fallen 96.85 per cent since the start of the year
Pan American Energy (CSE:PNRG) has begun its latest drilling program at the Big Mack Lithium Property, located in the Paterson Lake Area of northwestern Ontario.
This new initiative aims to complete approximately 2,000 metres of diamond drilling by the end of the year. It builds on the success of the previous 8,000-metre drill campaign conducted in 2023-24. The primary goal is to further delineate high-priority targets and refine the geological model for the Big Mack Property, which has shown significant potential for high-grade lithium mineralization.
In addition to lithium, the program will also focus on investigating the potential of cesium, a critical mineral identified in earlier explorations. Recent analyses suggest cesium enrichment beyond the lithium-dominant zones within the core of the pegmatites, presenting an exciting opportunity to assess additional mineralization that could enhance the project’s value.
“This new drilling campaign is an important step in advancing the Big Mack Property,” interim CEO, Paul Gorman commented in a news statement. “By leveraging the insights from our recently integrated geochemical and geophysical datasets, we are confident in our ability to further delineate high-grade zones and explore the cesium prospect, increasing the economic potential of this exciting project.”
The Big Mack Lithium Property is part of the Separation Lake Greenstone Belt, a region known for its high-potential LCT (lithium-cesium-tantalum) pegmatites. Pan American continues to build on its successful exploration efforts, having already delineated multiple mineralized pegmatite zones, including the Big Mack, Eleven Zone, and 6059/Sprinkler Zone pegmatites.
This latest drilling program underscores Pan American’s commitment to advancing its exploration projects and unlocking the full potential of the Big Mack Lithium Property.
Pan American Energy Corp. is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties containing battery metals in North America.
Pan American Energy stock (CSE:PNRG) last traded at $0.17 and has fallen 96.85 per cent since the start of the year.
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(Top photo: Pan American Energy Corp.)
