#Spain #Pan Global #Andalusia #Escacena Project #Cármenes Project

Pan Global’s Ambitious Exploration Plans for 2025

In a bold move, Pan Global Resources Inc. has announced its 2025 exploration program focused on copper, gold, and tin in various promising locations across Spain. This initiative is set to further solidify the company's presence in the lucrative Iberian Pyrite Belt, a region known for its rich mineral deposits. With an extensive drilling campaign that includes five new targets, the stage is set for significant discoveries and advancing mineral resource estimates.

Expanding Horizons at Escacena

Central to this program is the Escacena Project in Andalusia, which has already shown rich potential following extensive exploration efforts in the previous year. During 2025, Pan Global aims to deploy three drill rigs to tackle multiple untested targets including Bravo, Barbacena, Encina, Cortijo, and El Pozo. The focus here is to expand the known resources at La Romana, which currently measures 1.5 kilometers in length.

According to Tim Moody, President and CEO of Pan Global, preliminary work had identified over 15 geophysical and geochemical anomalies, from which the team has prioritized five for immediate drilling. He stated, "Given the historical context of copper mining in the Iberian Pyrite Belt, and the presence of numerous similar mineralized deposits, we are optimistic about making substantial new discoveries."

Advancement in Cármenes

Alongside Escacena, the Cármenes project, located about 55 kilometers north of León, will also receive considerable attention. Historically, this area was home to significant underground copper-nickel-cobalt mines during the 19th century and shows promise for further valuable mineralization. Plans for drilling at the Providencia and Profunda sites are set to initiate this month as part of a comprehensive strategy aimed at exploring these underdeveloped resources.

The integration of a transient electromagnetic heli-borne survey will commence in January, enhancing the exploration scope and identifying additional potential targets.

Financial Backing and Future Projections

Pan Global has outlined a substantial budget for the ongoing exploration initiatives over the course of 2025, ensuring adequate funding to facilitate drillings and other related activities. Approximately 6,830 meters of drilling is planned, which includes testing of new targets and expanding upon known deposits. The results from these efforts are anticipated to lead to the first NI 43-101 mineral resource estimate for La Romana by mid-2025.

Overall, the strategies deployed by Pan Global reflect a careful analysis of historical data alongside current technological advances in mineral exploration. With proven expertise in the field and a commitment to sustainable and responsible mining operations, the company stands well-positioned to capitalize on the lucrative opportunities that lie ahead.

As Pan Global continues its mission to discover substantial copper deposits, the company not only aims to benefit economically but also strives to adhere to environmental regulations and community standards, ensuring a harmonious relationship with the regions they operate in.

Conclusion

In summary, Pan Global Resources Inc.'s aggressive exploration program for 2025 marks a significant step towards unlocking the mineral wealth in Spain. With strategic plans laid out for both the Escacena and Cármenes projects, stakeholders will be closely watching for breakthroughs in mineral discoveries that could shape the future of the company as a major player in the mining industry.