#Spain #Pan Global #Andalusia #Escacena #El Pozo

Pan Global Resources Kicks Off 2026 Drilling Program at Escacena Project in Southern Spain

Pan Global Resources Inc. (TSX-V: PGZ, OTCQB: PGZFF, FRA: 2EU) has officially commenced its 2026 drilling campaign at the highly anticipated Escacena project. This initiative marks an exciting step forward for the company as it seeks to explore new copper-rich mineralization opportunities in the Iberian Pyrite Belt, a region known for its rich mineral resources.

Key Highlights of the 2026 Drilling Program

The drilling program started with the first target, El Pozo, located approximately 3 kilometers north of the La Romana deposit and about 2 kilometers west of the Cañada Honda deposit. El Pozo is recognized as a compelling target featuring a substantial scale and high confidence levels for potential volcanic massive sulfide (VMS) mineralization. The preliminary work has identified notable soil copper anomalies trending over an impressive 1.6 kilometers east to west, coinciding with geophysical signatures indicative of underlying mineral deposits.

Initial Drilling Plan

Initial plans for the drilling at El Pozo include up to four drill holes designed to assess the expansive untested target area. The site has benefitted from historical mining activities that reveal copper and zinc soil anomalies, as well as strong induced polarization (IP) and electromagnetic (EM) responses. The team at Pan Global expects this drilling to validate the existence of mineralization beneath the historical mining workings, potentially leading to significant discoveries.

Tim Moody, Pan Global's President and CEO, expressed optimism about the campaign, stating, "El Pozo presents a compelling, large-scale opportunity to kick off our 2026 drilling program at Escacena. The alignment of geophysics and copper geochemistry, including a soil copper anomaly oriented along the 1.6-kilometer stretch and geophysical anomalies extending beneath past mining operations, strongly indicate a mineralized VMS system, possibly reinforced at depth."

Objectives and Expansion Plans

The primary aim of the 2026 drilling program is to enhance Pan Global's copper resources through targeted, reliable exploration drilling. The company has identified up to 15 untested targets for further exploration. Additional drilling is also planned on various other targets, including Cortijo in Escacena North and Trinidad and Carmen in the recently granted Escacena South property. The strategic exploration aims to verify extensions of existing deposits at La Romana and Cañada Honda, ensuring a thorough analysis of this mineral-rich area.

Escacena Project Background

The Escacena project encompasses a total land area exceeding 13,000 hectares, entirely owned by Pan Global and located in the prolific Iberian Pyrite Belt of southern Spain. This region is notably characterized by its rich copper production history and is adjacent to operational mines like Riotinto (Atalaya) and former mines in Aznalcóllar and Los Frailes. The new infill zones recently added further enrich the resource potential of the project, which currently includes several mineral resource estimates for the copper-tin-silver deposits at La Romana and the copper-gold deposits at Cañada Honda.

Preliminary resource estimates for these areas are promising, indicating substantial potential interest from investors and stakeholders alike. The project's assets are further bolstered by favorable permitting backgrounds, significant infrastructure, and strong support for copper as a strategic resource from the European Commission, all contributing to a low-risk environment for mining investments.

Committed to Sustainability

Pan Global Resources remains committed to sustainable mining practices, prioritizing safety and environmental respect in all its operations. The company is part of the United Nations Global Compact, adhering to principles that ensure ethical and responsible corporate behavior.

For more insights and updates regarding the 2026 exploration campaign and overall operations, stakeholders and interested parties can consult Pan Global Resources' official website for further details.