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Pan Global Resources Inc V.PGZ

Alternate Symbol(s):  PGZFF

Pan Global Resources Inc. is a Canada-based company targeting copper-rich mineral deposits. The Company's flagship Escacena Project comprises a large, contiguous, approximately 5,760-hectare land package controlled 100% by the Company in the east of the Iberian Pyrite Belt. The Escacena Project hosts its La Romana copper-tin-silver and Canada Honda copper-gold discoveries and a number of other prospective targets, including Bravo, Barbacena, El Pozo, Romana Norte, San Pablo, Zarcita, Hornitos, La Jarosa, Romana Deep, and Cortijo. In addition, the Company is exploring the Aguilas Copper Project near Cordoba in northern Andalucia, which covers an area of approximately 16,000 hectares. Its 100%-owned 5,653-hectares Carmenes copper, nickel, gold, cobalt project is located in the province of Leon, northern Spain. The area has a history of mining and the project is 70 kilometers southeast of Orvana Minerals' Orovalle gold, copper, silver mining operation in the same geological belt.


TSXV:PGZ - Post by User

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Post by 1GOLDFINGERon Sep 08, 2020 7:34am
201 Views
Post# 31519066

((NEWS)) Visual Copper Mineralization In All Holes PGZ

((NEWS)) Visual Copper Mineralization In All Holes PGZPan Global Resources Advances Drilling at Escacena Project, Spain

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2020) -  Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the "Company") is pleased to report good progress on the phase 3 step-out drilling program in progress at the La Romana copper target in the Escacena Project, southern Spain. The first five drill holes of this program have been completed with copper mineralization intersected in each hole.

Tim Moody, President and CEO of Pan Global commented, "We are very encouraged to report visual copper mineralization in all the new drill holes at La Romana. This includes multi-layer copper mineralization over intervals from several meters to more than 30m thickness. Logging and sampling of the drill core is progressing quickly and assay results awaited".

The company has completed five new drill holes (LRD09LRD10LRD11LRD12 and LRD13) for a total 739.5m. The drill holes are part of a 3,500m, twenty-five-hole program designed to delineate and expand the copper-tin-silver mineralization intersected in the previous eight drill holes at the La Romana target.


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