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Pan Global Resources Inc. V.PGZ

Alternate Symbol(s):  PGZFF

Pan Global Resources Inc. is a Canada-based mineral exploration company. The Company is focused on the discovery of copper, tin, and other metal deposits in southern Spain. The Company’s flagship project is the Escacena Copper Project (the Escacena Project or Escacena) located in the Iberian Pyrite Belt, near Seville in Andalucia, which is the volcanic-hosted massive sulphide district. Escacena covers an area of approximately 5,800 hectares. The Escacena Project covers several large gravity anomalies, including the Canada Honda and La Romana targets. In addition, the Company is actively exploring the Aguilas Copper Project (the Aguilas Project or Aguilas), near Cordoba in northern Andalucia, which covers an area of approximately 16,000 hectares. The Aguilas Project includes over nine Investigation Permits. The Company’s business activities include the acquisition of additional mineral rights in Spain for the purpose of further mineral exploration.


TSXV:PGZ - Post by User

Post by mahoonon Sep 28, 2022 12:28pm
94 Views
Post# 34992493

Pan Global Announces Drill Program on Eight Copper Targets

Pan Global Announces Drill Program on Eight Copper Targets
https://www.panglobalresources.com/_files/ugd/eec401_1c6bb99c1f614ca2987ff0fa14d0b590.pdf 

Mr. Moody added: "Pan Global is in a strong financial position and remains well funded to allow drilling to continue at an aggressive pace into 2023."

Highlights include:

  • New gravity survey data, soil geochemistry, heliborne electro-magnetic and IP data shows multiple coincident anomalies
  • New conductor anomaly identified 400m down-dip from La Romana
  • 11 targets prioritized for drilling and/or additional ground follow-up
  • Drilling now focussed on new targets, including La Romana Deep, Zarcita, Hornitos, La Jarosa, El Pilar, El Pilar South, Caada Honda and Bravo Norte
  • Drilling in-progress at Hornitos and La Jarosa, and about to commence at the El Pilar, Zarcita and La Romana Deep targets
  • First two drill holes at Hornitos have intersected 15-18m thick zones of "crackle" breccia-hosted sphalerite (zinc) and galena (lead) mineralization (assay results pending)
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