#Spain #Pan Global #Andalusia #Escacena Project #mineral resources

Pan Global Resources Files NI 43-101 Report for Escacena Project

Pan Global Resources Inc., listed on the TSX Venture Exchange, has recently submitted an independent Technical Report concerning their Escacena Project located in southern Spain’s Iberian Pyrite Belt. This report, referenced as the "Escacena Project - NI 43-101 Report," highlights the mineral resource estimates (MREs) for two key deposits: La Romana and Cañada Honda. The filing was made on February 12, 2026, via SEDAR+, marking a significant milestone for the company.

Overview of the Technical Report

According to the report, prepared by Orelogy Consulting Pty Ltd, the MREs deliver a robust basis for future studies, both technical and economic. The results are prominently categorized as measured and indicated, showcasing a high degree of confidence in the estimates provided. This is essential for the ongoing development and planning of the project.

La Romana Deposit

The La Romana deposit, consisting of copper, tin, and silver, reports:

• - Measured and Indicated Resources: 32.4 million tons containing approximately 119.5 kilotons of copper, 8.8 kilotons of tin, and 1.7 million ounces of silver. This yields average grades of 0.37% copper and 1.7 grams per ton silver.
• - Inferred Resources: 4.0 million tons with 15.8 kilotons of copper, 0.3 kilotons of tin, and 0.2 million ounces of silver, averaging grades of 0.40% copper.

What's noteworthy is the significant amount of mineralization situated within a conceptual open-pit shell, which positions the site as a viable candidate for developing a high-grade starter pit.

Cañada Honda Deposit

The Cañada Honda deposit primarily consists of gold, copper, and silver and reveals:

• - Inferred Resources: 5.0 million tons containing about 104,000 ounces of gold, 6.8 kilotons of copper, and 0.2 million ounces of silver. The average grades found are 0.65 grams per ton of gold and 1.2 grams per ton of silver.

Additionally, there are indications of unclassified mineralization, hinting at further potential resources that can be discovered through ongoing exploration efforts.

Future Exploration and Resource Expansion

Both deposits are reported to remain open along strike as well as at depth, which emphasizes the opportunity for consistent exploration to enhance the resource base. Currently, the company is focusing on targeting adjacent corridors to identify new mineralization.

Pan Global's strategic roadmap includes a continued commitment to expanding its mineral holdings in the Iberian Pyrite Belt, an area noted for its rich mining history and excellent infrastructure. Following the expansion of its land package to over 10,000 hectares, the company aims to further deepen its resource assessments through the submission of additional Investigation Permit applications covering more land.

Conclusion

The Escacena Project stands as a promising endeavor for Pan Global Resources, with its positioning in a low-risk jurisdiction for mining investment being validated by the favorable permitting track record and support for copper as a strategic raw material. As the mining industry increasingly focuses on sustainable practices, the potential of the Escacena Project could redefine the copper landscape in Europe, contributing to the much-needed energy transition and electrification efforts globally.

For detailed insights, interested parties can access the full Technical Report through SEDAR+ and Pan Global's website.