Pan American Energy Engages EarthEx Geophysical To Conduct 2D Seismic Survey At The Horizon Lithium Project - Seite 2

Tromino Passive Seismic Surveying:

There are ambient vibrations moving in the Earth’s crust at all times and these vibrations translate into all layers, including the unconsolidated overburden. The behaviour of these vibrations, at certain frequencies is a function of the thickness of the layer in which they are moving. The Tromino Passive seismic device makes use of the HVSR method (horizontal over vertical spectral ratio) to analyze these vibrations and estimate the depth to bedrock in a study area. The relationship between the depth of the bedrock and the frequencies at which peaks form in this ratio is dependent upon the velocities of the unconsolidated cover. In areas where cover material is fairly consistent and some good areas with known bedrock depth can be used for calibrating the frequency-depth relationship, this method is expected to produce depth estimates which are accurate within about 20%. The method is quick and efficient and does not suffer from penetration issues that may be present in ground penetrating radar (GPR) surveys.

Figure 1: Outline of the Horizon Lithium Project (black), The Horizon Lithium boundary (black), proposed survey lines (yellow), and access roads (red polylines). The survey is estimated to comprise 86 line-km with a line spacing of 1,000 m and 250 m station spacing

Qualified Person

The technical content of this news release has been reviewed and approved by Jared Suchan, PhD P.Geo, who is an independent consultant of the Company, and a “Qualified Person” as defined by NI 43-101.

About Pan American Energy Corp.

Pan American Energy Corp. (CSE: PNRG) (OTCQB: PAANF) (FSE: SS60) is an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties containing battery metals in North America.

The Company executed an option agreement in Canada with Magabra Resources, providing for the right to acquire up to a 90% interest in the drill-ready Big Mack Lithium Project, 80 km north of Kenora, Ontario. The Company has also entered a property option agreement with Horizon Lithium LLC providing for the right to acquire a 100% interest in the Horizon Lithium Project, located within Esmeralda County – Tonopah Lithium Belt, Nevada, USA.

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On Behalf of the Board of Directors

Jason Latkowcer
CEO & Director

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