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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Pan American Energy Selects Key Contractors to Support Planned Winter Drill Program at the Tharsis Project, Northwest Territories

By The Northwire Desk — AI Analysis Feb 02, 2026 · 08:00 PNRG · 1.08 Pan American Energy Corp.
PNRG · Price

Executive Summary

  • Pan American Energy Corp. has engaged primary contractors to support its upcoming winter field operations at the Tharsis REE Project.
  • Critical Discoveries will supply drill equipment and crew; Heli‑Fix will provide fixed‑wing aircraft and helicopter logistics; Discovery Mining Services will handle camp services and expediting.
  • The Phase 1 diamond drill program is slated to begin soon, marking the first subsurface test of a principal intrusive centre identified through geophysical work.

Key Details

  • Contractor Engagements
  • Critical Discoveries – drill equipment and crew for diamond drilling.
  • Heli‑Fix – fixed‑wing aircraft and helicopter support for mobilization and field logistics.

  • Discovery Mining Services – camp services and expediting support.

  • Project Context

  • Tharsis Project targets the Squalus Lake Alkaline Complex (SLAC), a Proterozoic alkaline intrusive complex prospective for rare earth elements (REE) and niobium (Nb).

  • Prior work includes geological mapping, high‑resolution UAV magnetic surveying, and sampling programs.

  • Planned Winter Drill Program

  • Intended to provide the first direct subsurface test of a principal intrusive centre interpreted from geophysics.

  • Aims to evaluate correlation between magnetic signatures and carbonatite bodies potentially hosting REE/Nb mineralization at depth.

  • Management Statement

  • CEO Adrian Lamoureux: “With our contractors in place, the Company is on track to begin the Phase 1 drill program at Tharsis… This marks an exciting step forward as we move from surface work into drilling and begin testing the broader potential of the project.”

  • Qualified Person Review

  • Technical content reviewed and approved by Jared Suchan, Ph.D., P.Geo., Technical Advisor (Qualified Person under NI 43‑101).

Notable Quotes

“With our contractors in place, the Company is on track to begin the Phase 1 drill program at Tharsis… This marks an exciting step forward as we move from surface work into drilling and begin testing the broader potential of the project.” – Adrian Lamoureux, CEO, Pan American Energy Corp.

Read the original news release →

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Pan American Energy field crew on site at Tharsis

Drill Results