#Spain #Pan Global #Andalusia #Escacena #Cármenes

Pan Global Resources: Progress at Escacena and Cármenes Projects

Pan Global Resources Inc., a dynamic player in the mining industry, has recently provided updates on its projects in Spain, specifically focusing on the Escacena and Cármenes sites. As part of their 2025 strategy, the company is executing multi-target drill programs that aim to uncover significant mineral deposits in these regions.

Escacena Project

The Escacena Project is crucial for Pan Global, as it is their flagship site located in southern Spain, within the highly rich Iberian Pyrite Belt. Currently, the drill programs have completed 20 drillholes as part of a comprehensive 7,000-meter exploration objective. Notably, the project is testing several high-priority targets that feature copper, tin, silver, and gold mineralization.

The drilling at Escacena is highlighting promising results, specifically at the La Romana site where eight additional drillholes are planned. These are expected to extend the known mineralization, which has already stretched to 1.7 kilometers in surface strike-length. Furthermore, the drilling has intersected significant alteration and promising sulphide mineralization, especially at the Bravo target, with a few drillholes already showing encouraging signs. The ongoing exploration is set against a backdrop of high expectations as the company prepares for the maiden Mineral Resource Estimate, planned for release later this year.

Additionally, the company reported that drilling will also target areas such as Hornitos and Plomillos, which have shown geological indications for further exploration. The focus on expanding mineralization is key, as it will enhance the resource base at Escacena and bolster Pan Global’s position in the market.

Cármenes Project

Moving to the Cármenes Project, located in northern Spain approximately 55 kilometers north of León, the company is also making strides in their mineral exploration. Three out of six planned holes at the Providencia target have been drilled, yielding impressive results so far, with notable gold mineralization present near the surface across all completed drillholes.

Drillhole PVD02 revealed high returns with 1.08 g/t gold over 46 meters, including a peak of 6.27 g/t over a 4-meter interval. Similar findings in drillholes PVD03 and PVD04 indicate a continued trend of mineralization that the company is eager to explore further. The current drill strategy also includes areas outside the historical mining zones to identify new potential mineralization hotspots.

Pan Global Resources is also revisiting the geophysics data to refine its interpretation and locate additional targets. This includes assessing the La Pantoja target, which has shown promising results for copper and tin mineralization from recent drill samples.

Future Outlook

With a focus on responsible mining practices and a commitment to environmental sustainability, Pan Global's team is made up of seasoned experts who bring advanced techniques to the exploration sector. The anticipation surrounding the upcoming results and comprehensive resource estimates reflects the broader trends in the mining industry, particularly regarding copper and gold, which are in high demand.

These developments mark a significant step for Pan Global, as they harness the rich geology of Spain while adhering to global standards of corporate responsibility. As the company advances its drilling efforts, stakeholders are looking forward to detailed updates that should emphasize their operational success in one of Europe’s most promising mining districts.

In summary, Pan Global Resources is strategically progressing at both the Escacena and Cármenes Projects, with multifaceted drill programs aimed at unlocking new mineral wealth and further establishing its presence in the competitive landscape of mining.