Pan Global Resources Expands Copper Resources in Spain with 2025 Exploration Programs

Pan Global Resources has announced its 2025 exploration programs in Spain, focusing on testing copper-gold-tin targets at its Escacena and Cármenes Projects. The company plans to utilize three drill rigs and is aiming to define a 100 million tonne resource at Escacena by testing new targets and expanding known deposits. This initiative aims to enhance Pan Global's position in the mining industry and increase its resource base, potentially benefiting stakeholders.

Pan Global Resources (TSXV: PGZ, OTCQX: PGZFF, FRA: 2EU), a leading mining company, has announced an accelerated 2025 exploration program at its 100%-owned Escacena and Cármenes Projects in Spain [1]. The company aims to test multiple untapped copper-gold-tin targets, enhancing its position in the mining industry and potentially increasing its resource base.

In Andalusia, two drill rigs are focusing on five untested targets: Bravo, Barbacena, Encina, Cortijo, and El Pozo [1]. These targets were identified through extensive field exploration and prioritized due to their coinciding multi-indicators of mineralization [1]. The 2025 drilling campaign has already commenced and is ramping up to three drill rigs, with the first rig currently drilling at the La Romana copper-tin-silver deposit [1].

At La Romana, wide step-out drilling is underway to delineate the extent of the deposit ahead of a maiden NI 43-101 Mineral Resource Estimate [1]. The company plans to release this estimate by mid-2025 [1]. In addition to La Romana, a second drill rig is being mobilized for a maiden drill program at the highly prospective Bravo target, located 1km east of La Romana [1].

In northern Spain, a third drill rig is scheduled to test the copper-nickel-cobalt-gold Cármenes Project [1]. The project's geology is similar to that of La Romana, and the company believes that the new discovery potential is high due to the typical clustering of ore deposits [1].

Pan Global's robust treasury will fund these exploration programs, enabling the company to potentially increase its resource base and create value for its stakeholders [1].

References:
[1] PR Newswire. (2025, January 14). Pan Global Accelerates 2025 Exploration Programs to Test Multiple Copper-Gold-Tin Targets in Spain. Retrieved from https://www.prnewswire.co.uk/news-releases/pan-global-accelerates-2025-exploration-programs-to-test-multiple-copper-gold-tin-targets-in-spain-302350217.html