Pan American Energy Corp. announced it has partnered with the University of Nevada, Reno ("UNR") for comprehensive metallurgical testing on sedimentary and hard rock samples provided by the Company. The Company will provide lithium bearing core samples to the Sustainable Mining Laboratory at UNR from the Big Mack Lithium Project ("Big Mack"), located approximately 80 km north of the town of Kenora, Ontario, and the Horizon Lithium Project ("Horizon"), located in the Big Smoky Valley, Esmeralda County, Nevada.

The Company expects to use the findings generated from the comprehensive metallurgical testing completed by UNR in the development of the previously announced Preliminary Economic Assessment for the Horizon Project, and further expects that the findings may be utilized in the future by the Company as part of the development of a Preliminary Economic Assessment for the Big Mack Project, when and if undertaken by the Company.