Core Viewpoint - Pan American Energy Corp. is advancing its winter drilling program at the Tharsis Project in Northwest Territories, Canada, with mobilization activities currently underway, including personnel and equipment movement, field logistics establishment, and site preparation for drilling [1][2]. Group 1: Project Development - Mobilization is a significant milestone for the Tharsis Project, indicating progress towards the commencement of drilling [2]. - The company is positioned to execute the drilling program efficiently due to improved access and logistics [2]. Group 2: Company Overview - Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery and critical metals in North America [4]. - The company has secured a 75% interest in the Big Mack Lithium Project and has the option to earn an additional 15% for a total of 90% interest [5]. - An option agreement has also been made with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project, which is prospective for rare earth and high field strength elements [5].

Core Viewpoint - Pan American Energy Corp. is set to initiate a winter 2026 diamond drilling program at its Tharsis Project in the Northwest Territories, Canada, aimed at validating high-priority targets for rare earth elements, niobium, and yttrium [1][2][8] Group 1: Drilling Program Details - The upcoming drill program will be the first to directly test subsurface targets at Tharsis, focusing on high-priority areas interpreted as potential carbonatite bodies [2][4] - The program is scheduled for March-April 2026 and will involve approximately 1,500 meters of diamond drilling across up to seven drillholes from three drill pads on Squalus Lake [4][5] - The primary objective is to confirm the presence of potential carbonatite and related intrusive phases, assessing their thickness, distribution, and geological characteristics [5][6] Group 2: Strategic Importance of Targeted Minerals - Yttrium is included in the U.S. Geological Survey's Critical Minerals List for 2025 and 2026 due to its significance in defense, aerospace, and energy sectors, with supply chains heavily concentrated in China [3] - Niobium is also strategically important for high-strength steels and superalloys, facing similar supply risks that necessitate expanded North American production [3] Group 3: Exploration and Future Planning - The drill program aims to generate high-quality drill core for modern analytical work, which will inform follow-on exploration planning and target refinement [7] - The drilling will be supported by a well-developed magnetic framework, prioritizing the northern intrusive center as a high-confidence initial test of the broader system [6]

Pan American Energy begins integrating historical and recent drilling data to support NI 43-101 technical disclosureCALGARY, Alberta, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to announce that it has initiated work to prepare a mineral resource estimate (the “MRE”) for the Company’s Big Mack Project in Ontario, Canada, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ...

Core Insights - Pan American Energy Corp. is extending its engagement with Upswitch Media Corp. for an additional 60 days to provide marketing services [1] - The marketing services will include ad content creation, campaign management, translation services, and execution oversight through various online channels [2] - The total fee for Upswitch's services is CAD $300,000, with no securities issued as compensation [2] Company Overview - Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery and critical metals in North America [3] Recent Developments - The company has acquired a 75% interest in the Big Mack Lithium Project in Ontario, with an option to earn an additional 15% [4] - An option agreement has also been signed with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project located in the Northwest Territories [4]

High-Resolution Lake Mapping and Outcrop Analysis Advance Planning for the Next Phase of ExplorationCALGARY, Alberta, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to provide further details of the upcoming 2025 exploration campaign at the Tharsis Project, located at Squalus Lake in the Northwest Territories. The program is designed to advance geological understanding of the project through an integrated bathymet ...

Core Insights - The company has initiated Phase 1 of the Tharsis Project, focusing on a structured exploration plan to advance the project responsibly [1][2][3] Group 1: Project Development - Phase 1 will involve field-based surveying activities to gather baseline information and establish a technical foundation for future exploration [2] - The exploration will incorporate environmental and cultural considerations, aiming to develop a comprehensive geological model and guide drill targeting [2][3] Group 2: Company Strategy - The CEO emphasized a deliberate and responsible approach to exploration, indicating confidence in the project's significant potential [3] - The company plans to provide updates as progress continues at the Tharsis Project [3] Group 3: Company Background - Pan American Energy Corp. is 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 is pursuing a 100% interest in the Tharsis REE Project, which is prospective for rare earth and high field strength elements [6]

Group 1 - Pan American Energy Corp. has engaged Upswitch Media Corp. for marketing services for a period of approximately 60 days starting on or about September 8, 2025, with the possibility of extension or shortening at management's discretion [1][2] - The services provided by Upswitch will include ad content creation, campaign management, translation services, and execution oversight through testing and analytics, utilizing various online and print communication channels [2] - The total fee for Upswitch's services is CAD $300,000, and no securities will be issued to Upswitch as compensation [2] Group 2 - Pan American Energy Corp. is primarily focused on the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [3] - The company has acquired a 75% interest in the Big Mack Lithium Project in Ontario, with an option to earn an additional 15%, and is pursuing a 100% interest in the Tharsis REE Project in the Northwest Territories [4]

Core Insights - Pan American Energy Corp. has entered into a definitive option agreement with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis Project, located in the Northwest Territories, Canada [1][8] Project Overview - The Tharsis Project consists of seven mineral claims totaling 8,750 hectares and includes the Squalus Lake Alkaline Complex, which is approximately 180 kilometers north-northeast of Yellowknife [2][4] - Exploration has confirmed the presence of carbonatite-bearing rocks and the potential for rare earth elements (REE) and high field strength element (HFSE) mineralization [2][4] Agreement Terms - Under the agreement, Pan American can earn a 100% interest in the Tharsis Project over four stages by making total cash payments of $400,000, issuing 800,000 common shares, and funding $5 million in exploration expenditures over four years [3] - The breakdown of the stages includes cash payments of $100,000 and exploration expenditures of $500,000 in the first stage, increasing to $1.5 million in subsequent stages [3] Exploration Activities - NCM will act as the operator during the option period, managing exploration activities in coordination with Pan American [3] - Previous exploration work has included detailed geochemical sampling and a high-resolution UAV magnetic survey, revealing strong magnetic anomalies and elevated concentrations of REEs and HFSEs [4] Company Background - Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery and critical metals in North America [7]