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

Pan Global Commences 2026 Drill Program at Escacena Project

Pan Global Resources Inc. (TSX-V: PGZ, OTCQB: PGZFF, FRA: 2EU) has announced the start of its highly anticipated drilling program for the year 2026 at the Escacena Project, located in the Iberian Pyrite Belt of southern Spain. This initiative marks a significant step for the company as it seeks to explore new mineralization opportunities and expand its resource base.

Exciting Developments at El Pozo

The first target of this multi-target drilling program is El Pozo, a large-scale site less than 3 kilometers north of the La Romana copper-tin-silver deposit and approximately 2 kilometers west of the Cañada Honda copper-gold deposit. This area has shown significant promise due to its historical mining operations and notable geochemical and geophysical signatures.

The planned drilling at El Pozo includes as many as four boreholes aimed at investigating a previously unexplored target area characterized by historical mining workings, copper-zinc soil samples, and strong induced polarization (IP), electromagnetic (EM), and gravity responses. Historical mining records indicate operations in the area, but there is a lack of detailed production data.

Historical Context and Indicators

Tim Moody, the President and CEO of Pan Global, stated, "El Pozo presents a promising large-scale target to begin the 2026 drilling campaign in Escacena. The correlation between geophysical data and copper geochemical profiles, including an extensive east-west copper soil anomaly over 1.6 km, suggests strong indicators for a potential volcanic massive sulfide (VMS) mineralization system that may enhance at depth." This drilling program is integral to enhancing Pan Global's copper resource base through targeted and highly reliable exploration drilling.

Exploration at Multiple Sites

The 2026 drill program aims not only to explore El Pozo but also to investigate up to 15 untested targets. Future drilling plans include target areas Cortijo in Escacena North, and Trinidad and Carmen within the newly acquired Escacena South properties. Also under consideration is drilling to explore the extensions of the La Romana and Cañada Honda deposits. The company has dedicated itself to regularly updating the public on these results as they become available.

The Escacena Project

Recently expanded to include the Escacena South area, the Escacena Project spans over 13,000 hectares, entirely controlled by Pan Global, positioning the company strategically in Europe’s second-largest copper production region. It is situated near the operational Riotinto Mine (Atalaya) and adjacent to former mines such as Aznalcóllar and Los Frailes, where Grupo México is about to commence the development of an underground mine beneath the prior open-pit Los Frailes mine.

The mineral resource estimates for the La Romana copper-tin-silver deposit indicate measured and indicated resources of 32.4 million tonnes at 0.37% copper, with derived resources estimated at 4 million tonnes at 0.40% copper. The Cañada Honda deposit shows derived resources of 5.0 million tonnes at 0.65 g/t gold. The depth and potential of these deposits indicate promising opportunities for future excavation and production.

Commitment to Sustainability and Community

Pan Global Resources is committed to environmentally responsible operations and maintaining the utmost respect for local communities and ecosystems. Their recent initiatives underscore a commitment to sustainability, reflected in membership in the United Nations Global Compact, reinforcing the company's dedication to ethical mining practices.

For those interested in learning more about Pan Global Resources and its initiatives, they can visit the company’s presentation hosted on Curation-Connect to gain insights into its projects and future directions. By undertaking thorough explorations and ensuring robust environmental practices, Pan Global aims to solidify its position as a leader in the mining sector and continues to seek positive outcomes for all stakeholders involved.

Future Prospects

As the drilling at El Pozo begins, all eyes will be on the outcomes of these endeavors, which could represent a pivotal moment for the company and its stakeholders. With high-quality geological data supporting their initiatives, Pan Global is poised for a successful exploration phase as it aims to unlock the mineral potential of the significant Iberian Pyrite Belt.

For further inquiries and details about their operations, feel free to reach out to the communications team at Pan Global Resources.