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].

Core Insights - Pan American Energy Corp. is advancing its exploration campaign at the Tharsis Project, focusing on geological understanding through a bathymetric survey and outcrop characterization [1][4] Exploration Campaign Details - The exploration program will take place over approximately two weeks in September 2025, concentrating on mapping the lake bottom and investigating adjacent bedrock exposures [1][2] - A dedicated bathymetric survey is expected to produce a high-resolution digital model of the lake bottom and extend imaging to the sediment-bedrock interface where feasible [2] - Targeted outcrop studies will include measuring magnetic susceptibility and compiling detailed lithological descriptions to refine the regional geological model [2] Compliance and Environmental Considerations - An Archaeological Impact Assessment (AIA) will be conducted to ensure compliance with territorial heritage and cultural guidelines, building on an earlier Archaeological Overview Assessment (AOA) [3] - This assessment is a crucial step towards achieving drill readiness in a responsible and environmentally conscious manner [3] Company Statements - CEO Adrian Lamoureux emphasized the importance of the program for the Tharsis Project, stating that the combination of surveys will help create a comprehensive geological picture and identify drill targets responsibly [4] 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 [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]