#Spain #Andalusia #Escacena Project #PAN Global Resources #La Romana Deposit

Overview

Pan Global Resources Inc. has announced promising results from its recent drilling activities at the La Romana target within the Escacena Project, located in the Iberian Pyrite Belt of southern Spain. This significant update highlights the ongoing exploration and development efforts aimed at expanding the known mineral resources in this lucrative region.

Recent Drilling Success

The company conducted six step-out drillholes, which revealed outstanding mineralization results. One notable drillhole, LRD191, returned results of 1.26% copper and 2.3 grams per tonne of silver over a 6-meter interval. Another impressive result came from drillhole LRD189, which indicated 1.01% copper, 0.16% tin, and 4.5 grams per tonne of silver over 5 meters. These results not only confirm the continuity of the mineralization but also suggest that the high-grade copper-tin-silver deposits extend further than previously anticipated.

Extended Mineralization

The new drill data indicates that the La Romana copper mineralization trend does not just persist; it extends significantly northwest, suggesting a total plunge of an additional 125 meters. The findings reveal a favorable continuity of the mineralized zone over a stretch of 1.7 kilometers, enhancing the prospects for future mining operations. This further corroborates the strategic focus of Pan Global on defining a maiden resource estimate for the site.

Future Development Plans

As part of its commitment to fully delineate the La Romana deposit, Pan Global plans to undertake additional exploration drilling in 2026. The company anticipates that these forthcoming activities will continue to delineate and expand the mineralization beyond the current estimates, potentially supporting a conceptual open-pit mining operation in the future.

A Promising Project in a Rich Region

The Escacena Project, controlled entirely by Pan Global, spans more than 10,000 hectares and is in proximity to other known mining operations, including the historically rich mines at Riotinto and Aznalcóllar. The project area not only offers excellent infrastructure and mining expertise but also has received recognition from the European Commission as a key area for strategic raw materials.

Pan Global has ambitious plans, as it aims to define its first Mineral Resource Estimate for the Escacena Project soon. This will lay the groundwork for potential future mining and contribute to the overall economic development of the region.

Conclusion

With ongoing positive results and strategic investments in exploration, Pan Global Resources Inc. is firmly positioning itself as a significant player in the mining sector within the Iberian Pyrite Belt. As the company progresses with its projects, stakeholders and investors alike will be keenly watching for further updates on the developmental milestones ahead. For more detailed information and updates, visit the company's official website.