#Spain #Escacena Project #Southern Spain #Andalucía #PAN Global Resources

Major Expansion for Pan Global at Escacena Project

In a significant move for resource exploration, Pan Global Resources Inc. has successfully acquired three contiguous blocks of mineral rights adjacent to its Escacena Project, amplifying its landholding in the Iberian Pyrite Belt by a striking 74%. This step increases the project area to over 10,000 hectares, placing the company in a prime position to explore potential polymetallic volcanogenic massive sulphide (VMS) deposits, which are sought after for their rich copper and gold content.

Details of the Acquisition

The company announced this major milestone following a public tender process, receiving confirmation from the Government of Andalucia on September 29, 2025. The new blocks, known as Flores, Rosario, and Girasoles, encompass a combined area of approximately 4,245 hectares. Notably, most of these lands have only undergone minimal exploration historically, presenting a unique opportunity for Pan Global to unlock their potential.

According to Tim Moody, President and CEO of Pan Global, “The award of the new mineral rights provides us access to one of the most promising areas for discovering large VMS deposits in largely unexplored regions.” The new rights also place them in proximity to prominent mining operators like First Quantum and Grupo México, indicating a competitive landscape ripe for discovery.

Exploration and Potential

Significantly, the new areas have identified numerous geophysical targets that remain untested, promising a wealth of opportunity as the company plans initial exploration activities. Historical exploration data suggests the presence of strong gravity anomalies, indications that these sites could yield significant mineral deposits. In particular, these locations have shown connections to previous findings of copper mineralization, heightening expectations for future exploration.

Ongoing Operations at Escacena

Presently, drilling is underway at two main targets within the Escacena Project: La Romana and Bravo. Pan Global is also advancing towards delivering a maiden Mineral Resource Estimate for La Romana by the end of 2025. The objective is clear: to expand upon the identified copper-tin-silver deposits and enhance the feasibility of the Escacena project.

As drilling equipment progresses through the La Romana and Bravo areas, the company aims to gather more comprehensive data on the resource potential. Initial drilling at the Bravo target, however, did not encounter the anticipated VMS source, prompting a reevaluation of their exploration strategies with plans for further drilling to explore strong IP chargeability anomalies in the vicinity.

Future Directions

Pan Global’s ambitions extend beyond just this project; they have applied for additional investigation permits that could broaden their mineral rights in the Iberian Pyrite Belt to a cumulative total of over 13,900 hectares. This expansion highlights the company’s strategic approach to resource acquisition and its commitment to exploration in one of the most mineral-rich regions in Spain.

In summary, the recent acquisition of these new mineral rights not only broadens Pan Global's footprint in southern Spain but also significantly bolsters its potential for discovering new mineral resources — aligning perfectly with the global demand for copper and gold as critical components for energy transition and electrification efforts. As Pan Global pursues these opportunities, it remains committed to its values of environmental responsibility and community engagement as outlined in their operational ethos.