Pan Global Resources Begins Drilling at Bravo Target in Spain’s Escacena Project

Pan Global Resources Begins Drilling at Bravo Target



Pan Global Resources Inc., a prominent player in mineral exploration, has officially commenced drilling at the Bravo target within its Escacena Project located in southern Spain. This significant milestone was announced on March 4, 2025, marking the company's critical step towards uncovering valuable mineral resources in a promising geological region.

The Bravo target is situated approximately 1 kilometer east of the already known La Romana copper-tin-silver discovery, and just 3.5 kilometers southwest of Grupo México's Aznalcóllar-Los Frailes mining project. The current drilling phase is part of a broader strategy to explore the promising geological formations in the area, which has a history of mineral wealth.

High-Quality Geological Potential



Tim Moody, President and CEO of Pan Global, expressed enthusiasm about the commencement of drilling, citing the geophysical data at Bravo indicating strong signatures similar to those found at the La Romana discovery. This similarity augurs well for potential mineralization and suggests that Bravo could be a high-priority site for future mining activities. With this drilling phase, the company is testing for volcanogenic massive sulfide (VMS) mineralization, which can yield significant copper and tin deposits.

The project's recent IP geophysics survey, covering 18.2 line kilometers, identified both chargeability and resistivity anomalies that correlate well with the Bravo gravity anomaly. These findings point towards possible extensions or repetitions of the La Romana geological trend, increasing the optimism surrounding Bravo.

Planned Drilling Campaign



The initial drilling program at Bravo will involve up to eight wide-spaced drill holes targeting the geophysical and geochemical anomalies detected in previous surveys. Furthermore, drilling will also extend to a robust IP-chargeability anomaly located 500 meters south of the main Bravo gravity anomaly. Results from this drilling campaign are expected to be released as they become available, with plans to potentially expand the current 7,000-meter multi-target drill program based on these findings.

Overview of the Escacena Project



The Escacena Project encompasses a vast 5,760-hectare area under the complete control of Pan Global, situated in the eastern part of the Iberian Pyrite Belt, a region recognized for its rich mineral deposits. The project boasts proximity to the operational mine at Riotinto, along with the former Aznalcóllar and Los Frailes mines that are currently in the final stages of permitting for new construction activities.

Pan Global has already identified additional promising targets within the Escacena project, including Bravo itself, Barbacena, and Cañada Honda, among others. The company's long-term goal is to delineate at least 100 million tonnes of copper resources within this project area, aiming to establish a cluster of deposits akin to prominent mining operations in the Iberian Pyrite Belt.

Commitment to Sustainable Practices



Amidst its mining and exploration pursuits, Pan Global is dedicated to adhering to sound environmental practices. The company is a proud participant in the United Nations Global Compact, reflecting its commitment to responsible operations and respectful engagement with local communities.

In summary, the drilling commencement at Bravo is poised to significantly advance Pan Global Resources' standing in mineral exploration and development within Spain's Iberian Pyrite Belt. The company’s strategic approach and diligent fieldwork lay the groundwork for potentially transformative discoveries in the coming months.

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