Pan Global (PGZFF) Stock News

Pan Global Resources (OTCQB:PGZFF) reported progress on concurrent drill programs at its 100%-owned Escacena and Cármenes projects in Spain. The company has completed 20 drillholes as part of a 7,000-meter 2025 drill program across multiple targets.

At Escacena, drilling extended La Romana's mineralization strike-length to 1.7km, with eight additional step-out holes planned before the maiden Mineral Resource Estimate in late 2025. Notable results at La Pantoja include 1.53% Cu over 3m and 5.36% Cu over 1m.

At Cármenes' Providencia target, significant gold mineralization was encountered, including 1.08 g/t over 46m and 0.23 g/t Au over 110m with copper-nickel-cobalt credits. The company identified over 30 new targets following recent geophysical surveys.

Pan Global Resources reported positive drill results from its maiden drilling campaign at the Cármenes Project in Spain. Key highlights include significant gold intercepts of 2.19 g/t over 4m, 1.05 g/t Au over 10m, and mixed mineralization of 0.59 g/t Au with 1.05% Cu, 0.22% Ni, and 0.22% Co over 4m. The drilling program revealed wide breccia gold intercepts, including 0.37 g/t Au over 56m and 0.23 g/t Au over 110m, suggesting shallow bulk-tonnage potential. Results from drillholes PVD03 and PVD04 expanded the breccia-hosted mineralization around the historical Providencia mine workings. The company plans three additional step-out holes targeting the principal untested gold zone at Providencia. A recent helicopter geophysics survey identified multiple new targets with characteristics similar to Providencia, indicating strong potential for additional discoveries.

Pan Global Resources acknowledges the approval of Minera Los Frailes' restoration plan and exploitation permit by the Andalucian Government. The Los Frailes underground mine, owned primarily by Grupo México (97.31%), will be developed adjacent to Pan Global's Escacena Project in Spain. The project highlights Andalucia's status as a Tier-1 mining jurisdiction and is expected to operate for 20 years, producing zinc, lead, and copper concentrates. Pan Global's La Romana copper discovery, located west of Los Frailes, features a near-surface copper-tin-silver deposit with favorable metallurgy for potential open pit development. The company continues its multi-target drill program at Escacena, with upcoming drilling at the Bravo target and planned step-out holes at La Romana. Additionally, results are expected from the Cármenes Project in northern Spain, where high-grade gold mineralization was recently discovered.

Pan Global Resources (PGZFF) has announced significant gold discovery in its maiden drilling program at the Cármenes Project in northern Spain. The first drillhole (PVD02) intersected 1.08 g/t gold over 46 meters from near surface, including a high-grade interval of 6.27 g/t gold over 4 meters. This discovery is particularly noteworthy as it represents previously unknown gold mineralization near the historical Providencia copper-cobalt-nickel mine. The gold zone appears as a potential halo to the copper-rich mineralization in the historical workings. The company is currently executing a six-hole drill program, with additional results pending from completed holes PVD03 and PVD04. The project shows promise for further discoveries, with multiple targets identified in the area and ongoing exploration activities.

Pan Global Resources (PGZFF) has announced significant gold discovery in its maiden drilling program at the Cármenes Project in Spain. The first drillhole, PVD02, intersected 1.08 g/t gold over 46 meters from near surface, including a high-grade interval of 6.27 g/t gold over 4 meters. The discovery expands the breccia-hosted mineralization south of the historical Providencia mine, which previously extracted copper, cobalt, and nickel but had no recorded gold production. The ongoing six-hole drill program targets expansion of mineralization near historical mine workings. Multiple exploration targets have been identified in the project area, including the untested Profunda target 1km south. The company has also resumed drilling at its flagship Escacena Project in southern Spain.

Pan Global Resources (PGZFF) reported positive drill results from its Escacena Project in Spain. At the La Romana target, step-out drilling intercepted 1.51% copper over 8m, including 3.20% Cu over 3m, confirming strong VMS-style mineralization extending northwest. The mineralized trend now spans 1.7km east-west and remains open. At the new La Pantoja target, initial drilling discovered copper-tin-silver mineralization, with highlights including a high-grade intercept of 5.36% copper over 1m. The company identified significant potential for expansion at both targets, with geophysical surveys indicating stronger mineralization at depth. Drilling continues at the Bravo target and Providencia target in northern Spain.

Pan Global Resources (TSXV: PGZ) (OTCQB: PGZFF) has announced its participation in the upcoming 121 Mining Investment Conference in London, scheduled for May 12-13, 2025. The conference will feature over 110 mining companies and more than 650 sophisticated investors engaging in pre-arranged one-on-one meetings. The event will include expert commentary and market intelligence on key industry developments. Investors interested in attending can register for a free pass through the conference website.

Pan Global Resources Inc. (TSXV: PGZ) (OTCQB: PGZFF) has announced its participation in the upcoming Deutsche Goldmesse Spring 2025, scheduled for May 16th and 17th at The Westin Grand Frankfurt. The company's management team will be conducting meetings and delivering presentations to European investors throughout the event. Interested investors can register for the event through the provided online registration link at Deutsche Goldmesse's website.

Pan Global Resources (PGZFF) is advancing its exploration efforts in Spain, with a focus on copper and gold discoveries. The company's flagship Escacena Project is showing promising results with multiple near-surface targets exhibiting high-grade potential. A significant milestone is approaching with a maiden resource estimate expected in the second half of 2025. The company's exploration activities are centered in one of Europe's most promising mineral districts, where they are developing VMS-style (Volcanogenic Massive Sulfide) discoveries.