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An update from Pan American Energy ( (TSE:PNRG) ) is now available.
Pan American Energy Corp. has announced positive assay results from its Winter 2024 diamond drilling program at the Big Mack Lithium Project in Ontario. The drilling confirmed significant lithium mineralization, with highlights including a 39.40-meter intersection at 1.13% Li₂O and other notable intervals. These results validate historical data and suggest potential for further resource expansion, enhancing the company’s position in the lithium market and providing valuable insights for future exploration and development strategies.
More about Pan American Energy
Pan American Energy Corp. operates in the energy sector, focusing on the exploration and development of lithium resources. The company is engaged in mining activities, particularly targeting lithium-bearing pegmatites, which are crucial for the production of lithium, a key component in batteries and other energy storage solutions.
Average Trading Volume: 9,712
Technical Sentiment Signal: Sell
Current Market Cap: C$11.08M
For a thorough assessment of PNRG stock, go to TipRanks’ Stock Analysis page.