#Spain #Vancouver #Pan Global #Escacena South #VMS Target

Pan Global Resources: New VMS Target at Escacena South

Pan Global Resources Inc. is making waves in the mining sector with the discovery of a new high-priority volcanic massive sulfide (VMS) target at Escacena South, recently awarded to the company. The project expands their mineral rights to over 10,000 hectares, significantly increasing their exploration potential in this mineral-rich region of southern Spain.

Expanded Mineral Rights

The newly acquired Escacena South area has drawn significant attention due to its historical mining operations and promising geology. The company’s exploration efforts are focused on reinforcing the viability of the mineral resources present, demonstrated through previous exploratory data as well as field inspections of historical mining sites.

Previous Findings and Current Exploration

Recent field observations revealed surface copper mineralization along a significant one-kilometer trend, which correlates with an expansive untested gravimetric and magnetic anomaly—indicating considerable potential for VMS mineralization. Tim Moody, CEO of Pan Global, remarked on the strong indicators provided by historical mining operations combined with recent geochemical surface testing.

"The historical Trinidad and Carmen mining sites present compelling evidence of VMS mineralization, and the broad range of gravitational and magnetic anomalies signals a high likelihood of substantial findings," Moody stated. This sentiment underscores Escacena South's importance in the Iberian Pyrite Belt.

Geophysical Insights and Anomalies

Analysis of decades-old geophysical data highlights a prominent gravimetric and magnetic anomaly stretching over 3.5 kilometers south of Trinidad and Carmen's past mining exploitations. The most significant part of this anomaly exceeds 1 mGal, covering an area more extensive than 1.5 km by 1 km beneath shallow post-mineral cover. Such strong readings are promising for future exploration efforts.

Selective grab sampling has also returned high assay grades, with samples showing up to 6.3% copper and significant amounts of tin and silver—validating the potential of this area. The historical context, dating back to the 1980s, adds further weight to these findings, marking the region as a site of interest for both exploration and investment.

Future Exploration Plans

Escacena South not only doubles the area of the existing Escacena project, but also opens up multiple untested gravimetric anomalies that present enticing prospects for the future. The Trinidad and Carmen sites are prioritized for immediate drilling activities once all necessary permits are obtained, aiming to swiftly progress exploration into defined drill programs.

The ongoing drilling initiative at Escacena seeks to ascertain the geological framework and mineral content, with results from these activities expected shortly. Furthermore, the exploration focus extends beyond Escacena; the company is actively pursuing additional permit applications over 3,888 hectares in the region, solidifying Pan Global’s expanding footprint in the Iberian Pyrite Belt.

Commitment to Sustainable Practices

Pan Global is dedicated to maintaining high standards of environmental and community engagement throughout its activities. The team comprises experienced professionals, fostering a culture of safety, environmental stewardship, and attention to social responsibility in mining. As part of their commitment to sustainability, Pan Global is a member of the UN Global Compact, embodying ethical practices in all operations.

Conclusion

In summary, Pan Global Resources is poised to leverage its recent exploration findings at Escacena South into a robust mining initiative. The combination of previously mined mineralization signs and current exploration efforts suggests a strong potential for future developments and could significantly contribute to the renewed interest and investment in the region. With the proper regulatory approvals and ongoing assessments, Pan Global is set to advance its exploration agenda decisively.