Pan Global Resources Discovers Significant Copper Mineralization in Southern Spain
In a recent announcement by Pan Global Resources Inc., significant progress has been made in mineral exploration within the Iberian Pyrite Belt, specifically in Southern Spain. The company reported impressive drilling results at the La Romana target, where the assays confirmed a substantial mineralization consisting of 1.5% copper over a striking interval of 8 meters. This strong indication not only demonstrates the potential for profitable mining operations but also highlights La Romana's ability to extend northwest while remaining open in depth. The detailed results include metrics such as 0.02% tin and 3.6 grams per ton of silver within the same interval, offering a comprehensive picture of the area's mineral wealth.
Moreover, initial drilling at the nearby La Pantoja target has revealed new copper-tin-silver mineralization, further expanding the project's potential. Notable assays report copper grades reaching up to 5.36%, showcasing the richness of the region. Drilling continues at this site with hopes of discovering even more valuable mineral deposits underground.
Continuing with its highlights, the La Romana target retains an extensive mineralized trend stretching over 1.7 kilometers from east to west, which is especially encouraging given the historical performance of the area. The company's president, Tim Moody, emphasized the promising outcomes of the Escacena drill program launched in 2025, expressing optimism about the ongoing resource expansion. "The presence of high-grade copper-tin mineralization around La Romana guarantees that the mining potential is significantly high, and with recent geophysical data, we are certain of more discoveries on the horizon," he stated.
Detailed drill results indicated augmentation of the mineralized area with each endeavor, particularly evident with drill hole LRD186 showcasing 8.0 meters at 1.57% CuEq. Furthermore, drill holes LRD184 and LRD185 also exhibited noteworthy grades within surface extensions, further underlining the continuous potential of La Romana. The combination of consistent high-grade drilling and the positive geophysical data suggest that there is still much to uncover in this prolific geological area.
Meanwhile, the drilling at La Pantoja targets significant geophysical characteristics similar to that of La Romana. Initial results confirm copper-tin mineralization alongside substantial mineral alteration at stratigraphic levels deeper than La Romana itself. The area is considered to have further mineralization potential yet to be explored, with evidence of richer deposits in deeper sections. Pan Global's well-defined exploration strategy hinges on enhancing mineral resource discovery, particularly as it expands operations in two promising areas: Bravo, located east of La Romana, and Providencia, situated in Northern Spain. Despite weather-related challenges that temporarily impacted operations, the commitment towards these targets remains unwavering.
Searching for new opportunities, Pan Global Resources is set to schedule more exploratory drilling. They are keen to release further drilling results in the upcoming weeks, indicating their active presence in the mining sector in Spain. As they move forward with plans and assessments, the potential for further discoveries continues to shape the narrative of this ambitious company committed to harnessing the rich resources of Southern Spain. To sum up, Pan Global's strategic focus on expanding copper discoveries through meticulous drilling programs in La Romana and La Pantoja could herald a new chapter for the mining landscape in the region, driven by market demands for essential minerals like copper that play a critical role in global electrification and other technologies.