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Pan American Gold Not Proceeding with Huicicila Property.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Pan American Gold American Gold is a syndicated weekly, four-hour, hit-packed, oldies countdown program which is written, produced and hosted by Radio Hall-of-Fame broadcaster Dick Bartley. Concept
The concept of American Gold
 Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:PNAMF) ("Pan American") has not met its option payment obligations for the Huicicila (Miravalles) property in Nayarit State, Mexico, and will not be proceeding with the project.

Pan American also announces that Eugene Schmidt has resigned as Vice President of Exploration and as Director of the Company to pursue other interests in the resource exploration industry. The board of directors of Pan American thanks Mr. Schmidt for all his efforts and wishes him success in his future endeavors.

Pan American Gold Corporation is a Canadian-based mineral exploration company listed on the OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 (Symbol: PNAMF).
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Publication:Business Wire
Date:May 16, 2007
Words:104
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