Pan Global Resources Intensifies 2025 Exploration for Copper-Gold-Tin Projects in Spain

Pan Global Resources Inc., a significant player in the mining sector, has unveiled an aggressive exploration strategy for 2025, targeting copper, gold, and tin deposits in Spain. This initiative will focus mainly on the Escacena Project in Andalucia and the Cármenes Project in northern León, both of which are fully owned by the company. With an eagerness to unearth new resources, Pan Global aims to drill five highly promising targets at the Escacena site and explore additional potential anomalies at Cármenes.

Escacena Project Overview


The Escacena Project has gained attention due to its rich geological characteristics, which are favorable for volcanogenic massive sulphide mineralization. The exploration activities here have ramped up significantly after extensive field studies throughout the previous year, leading to the identification of multiple new drill targets. This year, Pan Global plans to deploy three drill rigs, enabling a substantial increase in drilling intensity. The company intends to execute approximately 22 drill holes, covering an estimated 6,830 meters, focusing on areas that have not been tested before such as Bravo, Barbacena, Encina, Cortijo, and El Pozo.

Current Drilling Activities


Drilling operations are already underway at the La Romana copper-tin-silver deposit, with planned wide step-out drill holes aimed at extending the existing mineralization, currently marked by a 1.5 km surface strike. These efforts are crucial in preparation for a maiden National Instrument 43-101 Mineral Resource Estimate scheduled for mid-2025. Furthermore, a drill rig is stationed to start work on the Bravo target, which is located only 1 km east of the La Romana deposit, where drill positions are actively being selected.

Cármenes Project Insights


In addition to activities at Escacena, Pan Global is also targeting the Cármenes Project, a region with historical mining operations. This site, located approximately 55 km north of León, includes former underground mines that produced copper, cobalt, and nickel between the 1860s and 1930s. Initial exploration aims to assess extensions to precious ore deposits located under the old mine workings. A third drill rig will focus on the Providencia and Profunda targets within Cármenes, further expanding the company's exploration portfolio.

Financial Position


Pan Global has indicated a strong treasury position to support its ambitious 2025 exploration programs. Given the current market dynamics regarding global electrification and energy transition, the demand for copper, gold, and tin is expected to surge. The company's plans to discover multiple deposits, potentially aggregating up to 100 million tonnes, align with their long-term vision of establishing a significant copper resource cluster.

Environmental and Community Commitment


As the company embarks on this extensive exploration program, it remains dedicated to maintaining high standards of safety and environmental stewardship. Pan Global operates under the principles of the United Nations Global Compact, reflecting their commitment to ethical practices and corporate social responsibility.

In conclusion, Pan Global Resources' 2025 exploration strategy signifies a bold approach to mineral discovery and resource expansion in Spain. With a focus on the Escacena and Cármenes projects, the company is set to contribute significantly to the region’s mining sector while prioritizing sustainability and community engagement.

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