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Production / Operations

Pan American Energy works on Big Mack resource estimate

By The Northwire Desk — AI Analysis Jan 27, 2026 · 17:17 PNRG · 1.25 Pan American Energy Corp
PNRG · Price

Executive Summary

  • Pan American Energy Corp. has initiated work to prepare a National Instrument 43-101 (NI 43-101) Mineral Resource Estimate (MRE) for its Big Mack lithium project in Ontario, Canada.
  • The MRE will be based on previously announced drilling results from the 2023 and 2024 drill programs, specifically including nine additional drill holes completed between November and December 2024.
  • The company plans to integrate the drilling database into a modern 3-D geological interpretation and resource estimation block model, followed by an update to its NI 43-101 technical disclosure upon completion.

Key Details

  • Project: Big Mack lithium project, located 80 kilometres north of Kenora, Ontario.
  • Work Scope: Preparation of an NI 43-101 compliant Mineral Resource Estimate (MRE).
  • Data Basis: The estimate will be informed by and structured around the company's previously announced drilling results from the 2023 and 2024 drill programs.
  • Recent Drilling: Includes nine additional drill holes completed between November and December 2024.
  • Technical Methodology: Integration of the available drilling database into a modern 3-D geological interpretation and resource estimation block model, including supporting data verification and review work customary for NI 43-101 mineral resource estimation.
  • Future Disclosure: Upon completion of the MRE, Pan American plans to update its NI 43-101 technical disclosure for the Big Mack project to incorporate new work, including updated figures, maps, sections, and tables.
  • Qualified Person: Jared Suchan, PhD, PGeo, technical adviser to the company, has reviewed, verified, and approved the scientific and technical content.
  • Project Interest: Pan American holds a 75% interest in Big Mack with the right to earn an additional 15% for a total 90% interest, acquired via an option agreement with Magabra Resources.

Notable Quotes

  • "Advancing Big Mack to a mineral resource estimate is the next step in establishing a stronger technical foundation for the project. The company believes the drilling completed to date provides a foundational data set to support this next stage of technical work." — Adrian Lamoureux, Chief Executive Officer
Read the original news release →

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