Pan Global Stock Price, News & Analysis

Pan Global Resources Inc. (TSXV: PGZ, OTCQB: PGZFF) has initiated diamond drilling at the Cañada Honda target within its 100%-owned Escacena Project in southern Spain. This follows a successful Induced Polarization (IP) survey that revealed untested anomalies beneath a historic mine tunnel. Drill hole CHD02, aimed at a gravity anomaly, intersected 11m of mineralization, including 0.6% Cu, 0.12g/t Au, and 3.2g/t Ag, but had to be abandoned before reaching the target depth. The project area is characterized by significant copper-gold mineralization potential, with ongoing drilling targeting additional anomalies.

Results are pending for 15 additional drill holes, as the company continues to advance its exploration efforts in the region.

Pan Global Resources Inc. (TSXV: PGZ, OTCQB: PGZFF) announced new assay results from ongoing diamond drilling at the La Romana copper-tin-silver discovery in southern Spain. Key findings include:

• Drilling revealed high-grade mineralization, with results such as 15m at 1.2% Cu, 0.05% Sn, and 5.4g/t Ag.
• Exploration continues at Romana Deep, with results indicating potential for further mineralization.
• Encouraging results from initial drill holes at Zarcita and Cañada Honda are expected.

The ongoing drilling program aims to enhance the resource base and identify additional high-grade copper deposits.

Pan Global Resources (TSXV: PGZ, OTCQB: PGZFF) announced promising preliminary metallurgical test results from the La Romana copper-tin-silver discovery in Spain's Escacena Project. The tests highlighted high copper recoveries, achieving 86.4% and 89.5% in two separate locked cycle flotation tests, with concentrate grades of 28.5% and 23.8%, respectively. The results indicate a potential for using conventional flotation processes with low energy requirements and minimal deleterious elements. Additional tin metallurgy testing has begun, and drilling programs are ongoing to explore further mineralization. The overall findings suggest favorable conditions for advancing towards a resource estimate and future assessments.

Pan Global Resources Inc. (TSXV: PGZ, OTCQB: PGZFF) has noted the inclusion of copper in the European Union's newly released Critical Minerals and Metals List. This focus on critical metals could bring significant advantages to Pan Global and similar companies, particularly for its Escacena copper project in Spain. The EU aims to enhance the sustainable supply of such metals and will likely offer funding opportunities and tax incentives. The demand for copper in the EU is projected to reach an additional 2.5 million tonnes per annum by 2030, further underscoring the project's strategic importance.

Pan Global Resources Inc. announced its qualification for trading on the OTCQB Venture Market in the U.S. under the symbol PGZFF. This upgrade from the OTC Pinks to OTCQB enhances the company's visibility and access to U.S. investors, which is crucial as it advances the Escacena Copper Project in southern Spain. The 2023 project involves over 50 drill holes and ongoing exploration at key targets, including La Romana and Zarcita. The listing supports the company’s growth strategy and allows lower-barrier access for investors. Current financial details can be accessed via www.otcmarkets.com.