Pan Global Resources Launches 2026 Drilling Venture at Escacena Project in Southern Spain

Pan Global Resources Kicks off 2026 Drilling Program at Escacena

Pan Global Resources Inc. has officially launched its drilling campaign for 2026 at the Escacena Project, located in the rich Iberian Pyrite Belt of southern Spain. This ambitious program will initially focus on the El Pozo target, with testing scheduled for several other high-potential areas.

The Escacena Project Overview

The Escacena Project represents a significant asset for the company, covering over 13,000 hectares in a mineral-rich region known for its copper deposits. With the mining history and infrastructure surrounding the area, including proximity to the operating Riotinto mine and former Aznalcóllar mines, Pan Global stands in a prime position to exploit the mineral wealth here. The project includes established mineral resource estimates, notably at La Romana (copper-tin-silver) and Cañada Honda (copper-gold), which will be integral to the company’s exploration strategy.

Targeting the El Pozo

The initial drilling effort will see testing at the El Pozo site, which is situated less than three kilometers from the La Romana deposit and two kilometers from Cañada Honda. This target is particularly attractive due to its historical mine workings, coupled with promising geochemical signals, including copper and zinc soil anomalies observed over a broad area. The geological indicators suggest the potential presence of a Volcanic Massive Sulphide (VMS) mineralization system at depth.

Tim Moody, the CEO and President of Pan Global Resources, expressed optimism regarding El Pozo's potential, stating, "The alignment of geophysics and copper geochemistry in this area provides compelling indicators, making it a primary target for our 2026 drill campaign."

Goals of the Drilling Program

The 2026 drilling program aims to expand Pan Global's copper resource base through systematic exploration of multiple targets. The company has identified up to 15 target areas that have yet to be drilled, indicating the vast potential for discovering new mineralization. In addition to El Pozo, drilling is expected to occur at Cortijo in Escacena North and Trinidad and Carmen in the newly acquired Escacena South area. Furthermore, the teams will investigate extensions of prior discoveries at La Romana and Cañada Honda.

Methodology and Approach

The drilling approach comprises an initial set of up to four drill holes at El Pozo, strategically designed to evaluate previously untested targets defined by historical mining activities. This methodology ensures a robust investigation into the subsurface geology and will help in confirming the presence of mineralization correlating with the observed geophysical anomalies.

Investment and Future Outlook

Pan Global Resources is dedicated to responsible exploration and mining practices and believes that the growing significance of copper as a key component in global electrification will drive demand for its resources. With the factors favoring copper prices, this exploration venture could yield promising returns for investors and key stakeholders.

As results from the drilling become available, the company is committed to promptly disseminating updates to maintain transparency for its investors and the broader community.

For more information on the company's ongoing efforts and the potential impact of its work in the mineral sector, interested parties can visit Pan Global Resources' website where additional details and updates will be provided.

_Pan Global Resources is actively exploring copper-rich deposits alongside gold and other valuable metals, and is committed to sustainable practices and community-focused operations. With a strong backing from the European Commission in terms of copper as a strategic material, the future looks promising for their ventures in Spain._