Pan Global Expedites Exploration Plans in Spain for Copper-Gold-Tin Discoveries in 2025
Pan Global Resources Inc. has announced an ambitious exploration program for 2025, focusing on multiple targets for copper, gold, and tin in Spain. The company's operations will primarily be centered around the Escacena and Cármenes Projects, both of which are fully owned by Pan Global. The exploration efforts are expanding more significantly than in previous years, indicating a strong commitment to unearthing valuable mineral deposits.
The Escacena Project, situated in the Iberian Pyrite Belt, is one of the major focal points for this initiative. The project area encompasses 5,760 hectares, which is rich in volcanic-hosted massive sulfide mineralization, a highly sought-after geological formation known for its potential for holding significant ore deposits. Notably, Escacena is adjacent to several historical mining sites, boosting its exploration appeal.
As part of the upcoming exploration, Pan Global plans to assess five previously untested targets named Bravo, Barbacena, Encina, Cortijo, and El Pozo during 2025. This aggressive strategy follows an extensive field exploration campaign conducted in the previous year that identified numerous drilling targets. Currently, drilling is underway at La Romana, which has shown promising results, and there’s a notable expectation for a preliminary resource estimate in line with the NI 43-101 standards by mid-2025.
To further capitalize on its exploration efforts, Pan Global is mobilizing a second drilling rig to commence operations at the promising Bravo target, located just 1 km east of La Romana. Additionally, a third drilling team is set to begin work at the Cármenes Project, which focuses on copper, nickel, cobalt, and gold. This project lies in the northern region of Spain, near León, covering an area of 5,653 hectares, and holds historical significance due to its earlier mining activity in the 19th and early 20th centuries.
Tim Moody, the CEO of Pan Global, expressed optimism regarding the potential for new discoveries, emphasizing that the mineralization types they are targeting tend to exist in clusters. As such, the compact nature of mineral deposits in the Iberian Pyrite Belt could lead to substantial new resource estimations.
The exploration plan for 2025 incorporates over 22 drill holes, targeting new objectives while simultaneously expanding exploration around the La Romana discovery. Moreover, the company is expected to conduct a helicopter-borne geophysical study in January to uncover additional drilling targets.
Given the backdrop of increasing global demand for critical metals like copper amid the push for electrification and renewable energy, Pan Global is positioned advantageously in the mining landscape. The company's strategy is bolstered by favorable geological structures and a solid operational framework.
The Escacena and Cármenes projects illustrate Pan Global’s commitment to responsible exploration and sustainable mining practices, aligning with the growing demand and regulatory frameworks promoting environmental stewardship. The company remains focused on discovering significant mineral resources in the region, with aspirations for scaling operations as new finds come to light. As exploration efforts escalate, Pan Global introduces a hopeful narrative for the mining industry in Spain, forging ahead into a promising future.
The Escacena Project, situated in the Iberian Pyrite Belt, is one of the major focal points for this initiative. The project area encompasses 5,760 hectares, which is rich in volcanic-hosted massive sulfide mineralization, a highly sought-after geological formation known for its potential for holding significant ore deposits. Notably, Escacena is adjacent to several historical mining sites, boosting its exploration appeal.
As part of the upcoming exploration, Pan Global plans to assess five previously untested targets named Bravo, Barbacena, Encina, Cortijo, and El Pozo during 2025. This aggressive strategy follows an extensive field exploration campaign conducted in the previous year that identified numerous drilling targets. Currently, drilling is underway at La Romana, which has shown promising results, and there’s a notable expectation for a preliminary resource estimate in line with the NI 43-101 standards by mid-2025.
To further capitalize on its exploration efforts, Pan Global is mobilizing a second drilling rig to commence operations at the promising Bravo target, located just 1 km east of La Romana. Additionally, a third drilling team is set to begin work at the Cármenes Project, which focuses on copper, nickel, cobalt, and gold. This project lies in the northern region of Spain, near León, covering an area of 5,653 hectares, and holds historical significance due to its earlier mining activity in the 19th and early 20th centuries.
Tim Moody, the CEO of Pan Global, expressed optimism regarding the potential for new discoveries, emphasizing that the mineralization types they are targeting tend to exist in clusters. As such, the compact nature of mineral deposits in the Iberian Pyrite Belt could lead to substantial new resource estimations.
The exploration plan for 2025 incorporates over 22 drill holes, targeting new objectives while simultaneously expanding exploration around the La Romana discovery. Moreover, the company is expected to conduct a helicopter-borne geophysical study in January to uncover additional drilling targets.
Given the backdrop of increasing global demand for critical metals like copper amid the push for electrification and renewable energy, Pan Global is positioned advantageously in the mining landscape. The company's strategy is bolstered by favorable geological structures and a solid operational framework.
The Escacena and Cármenes projects illustrate Pan Global’s commitment to responsible exploration and sustainable mining practices, aligning with the growing demand and regulatory frameworks promoting environmental stewardship. The company remains focused on discovering significant mineral resources in the region, with aspirations for scaling operations as new finds come to light. As exploration efforts escalate, Pan Global introduces a hopeful narrative for the mining industry in Spain, forging ahead into a promising future.
Topics Energy）
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