Pan American Energy Initiates Work Toward Mineral Resource Estimate for the Big Mack Project

Core Viewpoint - Pan American Energy Corp. is advancing its Big Mack Project in Ontario by preparing a mineral resource estimate (MRE) in accordance with NI 43-101 standards, utilizing historical and recent drilling data to enhance technical disclosure [1][2]. Group 1: Project Development - The MRE for the Big Mack Project will be based on drilling results from the 2023 and 2024 programs, including nine additional drillholes completed between November and December 2024 [1]. - The company aims to integrate the drilling database into a modern three-dimensional geological interpretation and resource estimation block model, along with customary data verification and review work [1]. Group 2: Management Statements - CEO Adrian Lamoureux emphasized that advancing to a mineral resource estimate is crucial for establishing a stronger technical foundation for the Big Mack Project, believing that the current drilling data supports this next stage of technical work [2]. Group 3: Company Background - Pan American Energy Corp. is primarily engaged in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [5]. - The company has acquired a 75% interest in the Big Mack Lithium Project and has the option to earn an additional 15%, totaling a 90% interest [6].