Pan American Energy Corp. announced that it has selected the primary contractors to support execution of the Company's winter field operations. Critical Discoveries has been engaged to provide the drill equipment and crew for the planned diamond drill program, Heli-Fix has been engaged to provide fixed-wing aircraft and helicopter support for mobilization and field logistics, and Discovery Mining Services has been engaged to provide camp services and expediting support.
The Tharsis Project covers the Squalus Lake Alkaline Complex ("SLAC"), a Proterozoic, multi-phase alkaline intrusive complex where exploration to date has focused on evaluating carbonatite-related exploration targets for rare earth elements ("REE") and niobium ("Nb"). The Project has been advanced through geological mapping, high-resolution unmanned aerial vehicle magnetic surveying ("UAV magnetics"), and sampling programs, together with ongoing refinement of the project-scale exploration model. The planned winter drill program is intended to provide the first direct subsurface test of a principal intrusive centre interpreted from geophysics, and to evaluate whether magnetic signatures correlate with carbonatite bodies and potential associated REE and Nb mineralization at depth.
