Pan American Energy Mobilizes Field Crews to the Tharsis Project

Executive Summary

• Pan American Energy Corp. is mobilizing personnel, equipment, and camp services for its winter drilling program at the Tharsis Project in the Northwest Territories.
• Site setup and logistical preparations are underway; drilling will commence once operational readiness is achieved.
• The announcement underscores progress toward advancing the rare‑earth element (REE) opportunity at Tharsis.

Key Details

• Mobilization activities include movement of drill rigs, support vehicles, and crew to the Tharsis Project site.
• Field logistics and camp services are being established to sustain drilling operations in winter conditions.
• Drilling is slated to begin after completion of site setup and final operational readiness checks (specific start date not disclosed).
• CEO Adrian Lamoureux highlighted that “access and logistics coming together” positions the company to execute the program efficiently.
• Technical content reviewed and approved by Jared Suchan, Ph.D., P.Geo., Qualified Person under NI 43‑101.
• The Tharsis Project hosts the Squalus Lake Alkaline Complex, a Proterozoic carbonatite intrusion prospective for rare earth and high‑field‑strength elements.

Notable Quotes

“Mobilization is an important milestone for the Tharsis Project and moves us closer to the start of drilling,” – Adrian Lamoureux, CEO, Pan American Energy Corp.