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Pan Global Resources Inc. reports exploration and development news for copper, gold and polymetallic mineral projects in Spain. Company updates focus on the 100%-owned Escacena Project in the Iberian Pyrite Belt of southern Spain and the Cármenes Project in northern Spain, including drilling, surface and underground sampling, assay results, target generation and mineralization at deposits and targets such as La Romana, Cañada Honda, El Pozo, Providencia and Profunda.
Recurring announcements also cover NI 43-101 technical reporting and initial mineral resource estimates for Escacena, plus corporate presentations to mining-sector investor conferences.
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.
Pan Global Resources (PGZFF) has announced significant high-grade copper results from underground channel sampling at the Profunda target in its 100%-owned Cármenes Project, Spain. The sampling revealed impressive grades including 5.2% Cu over 5m and peak values of 25.7% Cu over 1m, along with notable cobalt, nickel, and silver content.
The Profunda target area extends over 500m x 150m based on initial soil sampling and alteration mapping. The company collected 27 channel samples from the upper 60m of mine workings, averaging 3.62% Cu, 0.17% Co, 0.09% Ni, and 5.7 g/t Ag. The mineralization is associated with east-west trending fault structures.
Drilling is currently in progress at both the Providencia target in the Cármenes Project and the Bravo target in the Escacena Project, with results anticipated in the second quarter.
Pan Global Resources has initiated drilling at the Bravo target within its 100%-owned Escacena Project in southern Spain. The target is located 1km east of the Company's La Romana copper-tin-silver discovery and 3.5km southwest of Grupo México's Aznalcóllar-Los Frailes mining project.
The drilling program includes up to eight wide-spaced drillholes to test for VMS mineralization, forming part of a larger 7,000m multi-target drill program. A recently completed 18.2-line-km IP geophysics survey revealed chargeability and resistivity anomalies coincident with the Bravo gravity anomaly (2km x 1.5km). The company has integrated IP survey results with gravity, soil geochemistry, and helicopter electromagnetics survey data to prioritize drill targets.
The program will also investigate a strong IP-chargeability anomaly 500m south of the main Bravo gravity anomaly. The first phase of drilling is scheduled for completion by mid-year, with results to be released as they become available.
Pan Global Resources (TSXV: PGZ, OTCQX: PGZFF) has provided an update on its exploration activities at the 100%-owned Escacena Project in southern Spain. The company has completed six drillholes in the current program, including three step-out drillholes on the west extension of the La Romana near-surface mineralization and three new targets.
The company has completed an Induced Polarization (IP) survey at the high-priority Bravo target, with drilling expected to commence within two weeks. The IP survey results are being integrated with electromagnetic, gravity, and soil geochemistry data to finalize drillhole locations.
The 2025 drilling plan encompasses up to 30 drillholes totaling 7,000 meters, focusing on delineating the western extent of La Romana copper-tin-silver mineralization and testing at least five new targets at Escacena and two targets at the Cármenes Project in northern Spain. First assay results are expected in approximately three weeks, with the program on track for completion by mid-year.
Pan Global Resources has announced significant gold sampling results from its Cármenes Project in northern Spain. The company reported high-grade results from underground channel sampling and surface trench sampling at the Providencia target, including 3.11 g/t Au over 37m (open), with 7.70 g/t Au over 6m, and 1.74 g/t Au, 11.2 g/t Ag over 20m.
The first drillhole is currently underway at Providencia, testing beneath historical mine workings, with three additional drillholes planned to test the expanded target area. The sampling results are within a 250m x 150m soil geochemistry anomaly, suggesting potential mineralization extension beyond historical workings. Historical mining in the 1930s focused on copper and cobalt extraction, with no recorded gold extraction in the area.
Two drill rigs are also operating at the company's Escacena Project in southern Spain, with IP data analysis being finalized for drilling at the Bravo target.
Pan Global Resources has announced significant sampling results from its 100%-owned Cármenes Project in northern Spain. The company's soil and rock sampling program at the Providencia target revealed exceptional grades, including up to 24.3 g/t gold and 16.2% copper, along with significant nickel, cobalt, and other metals.
The initial exploration program included 1,089 soil samples over a 1.8km x 1.5km survey area. Detailed follow-up sampling at Providencia identified a 250m x 150m anomaly with 49 samples averaging 5.8 g/t gold. Rock samples confirmed mineralization with values up to 10.5 g/t Au and 48.1% Cu.
The company plans to commence its first-ever drilling at Providencia in January 2025, with results expected in March. A helicopter electromagnetic survey is also in progress to identify new targets across the project area.
Pan Global Resources has announced its 2025 exploration programs for its 100%-owned Escacena and Cármenes Projects in Spain. The company has initiated an extensive drilling campaign utilizing three drill rigs to test multiple copper-gold-tin targets. At the flagship Escacena Project, five new targets will be tested near the La Romana and Cañada Honda discoveries.
The campaign includes wide step-out drilling at the La Romana copper-tin-silver deposit, where mineralization remains open with grades increasing westward. A maiden NI 43-101 Mineral Resource Estimate is planned for mid-2025. The company is also mobilizing a second drill rig for the Bravo target, located 1km east of La Romana, and a third rig will test the copper-nickel-cobalt-gold Cármenes Project starting in January.
The exploration plan encompasses more than 22 drillholes (~6,830 meters) on new targets, alongside expansion drilling at La Romana. The company aims to discover multiple deposits totaling 100 million tonnes of resource, noting that all operating copper mines in the Iberian Pyrite Belt comprise multiple deposits exceeding 100 million tonnes.