Definitions for pan out
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Princeton's WordNet
pan out(verb)
be a success
"The idea panned out"
pan, pan out, pan off(verb)
wash dirt in a pan to separate out the precious minerals
Wiktionary
pan out(Verb)
To separate and recover (valuable minerals) by swirling dirt or crushed rock in a pan of water, in the manner of a traditional prospector seeking gold.
pan out(Verb)
To succeed; to proceed according to plan; to result or end up.
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"pan out." Definitions.net. STANDS4 LLC, 2013. Web. 19 Jun 2013. <http://www.definitions.net/definition/pan out>.