Pan American Energy Reports Final Bathymetric Results from Tharsis Project, Northwest Territories

Core Insights - The completion of the bathymetric survey at the Tharsis Project enhances the company's readiness for winter drilling activities, providing critical data on lake depths and ice-based access for drill rigs [1][4]. Survey Details - The bathymetric survey conducted in September 2025 collected approximately 17,500 depth measurements across Squalus Lake, with data acquired along east-west traverse lines spaced at roughly 100 meters [2]. - The survey coverage was continuous across most of the lake basin, with limited gaps in shallow areas due to low water conditions [3]. - The final digital elevation model (DEM) successfully defines the basin geometry, identifying shallow shoals and deeper troughs, and has been integrated with existing airborne magnetic data [3][9]. Company Overview - Pan American Energy Corp. is engaged in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [6]. - The company has acquired a 75% interest in the Big Mack Lithium Project and is pursuing a 100% interest in the Tharsis REE Project, which is prospective for rare earth and high field strength elements [7].