#Spain #Pan Global #Escacena Project #Cármenes Project #Andalucía

Pan Global's Ambitious 2025 Exploration Program in Spain

As global demand for critical metals like copper intensifies, Pan Global Resources Inc. is ramping up its exploration efforts in Spain with an ambitious program set for 2025. The company is focusing its resources primarily on two projects: the Escacena Project located in the mineral-rich region of Andalucía and the Cármenes Project situated north of León. By targeting multiple copper-gold-tin deposits, the company aims to capitalize on Spain’s robust mineral prospects.

Escacena Project: A Strategic Focus

The Escacena Project, spanning approximately 5,760 hectares, is at the forefront of Pan Global's exploration strategy. Recent years of intensive field exploration have identified several high-potential drill targets, including five compelling locations: Bravo, Barbacena, Encina, Cortijo, and El Pozo. Notably, the drilling resumed last week after the holiday season, ramping up operations to incorporate three drill rigs for enhanced productivity. This effort marks a significant increase in drilling activities compared to previous years.

According to Tim Moody, President and CEO of Pan Global, the team has prioritized these five targets based on detailed geophysical and geochemical data. This consolidation aims to maximize discovery potential as it is known that ore deposits often occur in clusters. Additionally, drilling continues at the La Romana copper-tin-silver discovery, where extensive step-out drilling is testing the strike length, which is currently 1.5 kilometers long.

Cármenes Project: Reviving Historical Mines

In combination with the Escacena Project, the Cármenes Project presents a unique opportunity for Pan Global to explore historical mining sites. This project, approximately 55km north of León, comprises five investigation permits covering a total of 5,653 hectares. Historically, the Profunda and Providencia underground mines produced copper, cobalt, and nickel, making this area particularly promising for new discoveries of similar mineralization styles.

The exploratory focus at Cármenes will initiate with the Providencia and Profunda targets. Early exploration indicates substantial potential for high-grade mineralization in a unique carbonate-hosted structure. With the planned deployment of dedicated drill teams, Pan Global aims to uncover the intricate details of this lesser-known but promising area.

Financial Backing and Expectations

Pan Global is well-positioned financially to support its exploration endeavors in 2025. The company boasts a robust treasury, which allows for advanced drilling programs while maintaining agility in its exploration strategy. In light of the positive signals regarding copper's long-term pricing and demand, the exploration program is also critical for meeting the objectives of the European Commission's strategic goals for resource management.

The company plans to undertake over 22 drill holes, amounting to approximately 6,830 meters, across both projects in 2025, making this one of the most extensive exploration campaigns in Pan Global's history. Key deliverables include a maiden NI 43-101 Mineral Resource Estimate for La Romana expected by mid-2025.

Commitment to Sustainable Practices

As a steward of responsible mining practices, Pan Global remains committed to environmental protection and community engagement. The company operates under United Nations Global Compact Principles, ensuring their operations are conducted with the highest standards of environmental care and social responsibility. This alignment not only supports local communities but also sets a standard for ethical practice within the mining sector.

Conclusion

With 2025 shaping up to be a pivotal year for Pan Global Resources, the planned extensive exploration campaigns across the Escacena and Cármenes Projects represent a strong commitment to uncovering valuable mineral deposits amidst Spain's rich geological landscape. Investors and stakeholders are eagerly awaiting developments as Pan Global aims to solidify its reputation as a prominent player in the mining industry.