#Spain #Pan Global #La Romana #Andalusia #Escacena Project

Pan Global Resources Expands La Romana Deposit with New Drilling Results

Pan Global Resources Inc. recently made significant strides in their exploration of the La Romana deposit located within their Escacena Project in southern Spain. The company announced a series of successful drilling outcomes that expand the known mineralization of copper, tin, and silver at this site. This development is particularly noteworthy as it highlights the potential for further resource estimation and mining opportunities in the Iberian Pyrite Belt area.

Positive Drill Results

The results from six step-out drillholes indicate promising mineralization, critical for future exploration and economic viability. Specifically, drillholes reported impressive metrics such as 1.26% copper, 0.01% tin, and 2.3 g/t silver over a span of 6 meters, as well as 1.01% copper, 0.16% tin, and 4.5 g/t silver over 5 meters. Additional analysis using downhole electromagnetics suggests that the higher-grade mineralization trends similarly extending northwest for at least another 125 meters.

This newly acquired data reveals a consistent mineralized trend that stretches over 1.7 kilometers in an east-west direction. Furthermore, the results confirm that the copper-tin mineralization continues down-dip and remains open on several key sections. According to Tim Moody, CEO of Pan Global, the recent findings affirm the continuity and depth of the higher-grade mineralization, which is promising for crafting future resource estimates.

Escacena Project Overview

The Escacena Project itself has undergone significant expansion recently, increasing from 5,760 to over 10,000 hectares by obtaining additional mineral rights in the Flores, Rosario, and Girasoles areas. The growth strategy is set to elevate Pan Global's presence in the Iberian Pyrite Belt while they also pursue four more investigation permits encompassing an area of 3,888 hectares.

The Escacena Project is strategically located near the operating Riotinto mine and adjacent to historic mining sites, signifying a part of a region rich with mining history and prospective opportunities. With established infrastructure and a supportive regulatory environment, the project stands as a low-risk jurisdiction for mining investment, especially with copper's increasing demand as a strategic resource.

Upcoming Plans and Expectations

Looking ahead, Pan Global plans to continue drillings in 2026 to further delineate the La Romana mineralized trend and potentially define an initial resource estimate. The company has assembled a skilled team adept in exploration, development, and mine operations, emphasizing environmentally conscious practices and community engagement as central tenets of their operations.

The mineral resources reported from the Escacena mining site not only signal economic potential but also establish a foothold in the copper and tin markets, which have robust prospects given the rising demand for these materials in global industrial applications.

Pan Global Resources can be viewed as a strong contender in the mining sector as they continue to unveil new findings and progress within the Escacena Project. Their strategic vision coupled with a commitment to sustainable practices positions them favorably for future success in producing copper, tin, and other valuable resources that play a pivotal role in transitioning to renewable energy technologies that prioritize electrification globally.