Pan Global Resources Inc V.PGZ

DRILLS FURTHER WIDE COPPER-TIN INTERCEPTS

[IWAnews]

PAN GLOBAL DRILLS FURTHER WIDE COPPER-TIN INTERCEPTS WITH HIGH GRADES FROM NEAR SURFACE AT ESCACENA PROJECT, SOUTHERN SPAIN

• July 6, 2021

Highlights include:

• 30.0m at 1.0% CuEq (0.50% Cu, 0.14% Sn, 2.1g/t Ag, 0.01g/t Au) from 19.5m in LRD45, including;
  • 14.4m at 1.7% CuEq (0.83% Cu, 0.27% Sn, 3.2g/t Ag, 0.011g/t Au) from 23.1m
• 14.7m at 1.38% CuEq (1.24% Cu, 5.8g/t Ag, 0.03g/t Au) from 33.6m in LRD58, including;
  • 7.65m at 2.38% CuEq (2.17% Cu, 10g/t Ag, 0.04g/t Au) from 34.6m
• 46.5m at 0.73% CuEq (0.50% Cu, 0.05% Sn, 3g/t Ag, 0.01g/t Au) from 33m in LRD55, including;
  • 7.35m at 1.37% CuEq (1.06% Cu, 0.06% Sn, 5g/t Ag, 0.012% Co) from 42m, and
• 4m at 1.29% CuEq (0.93% Cu, 0.08% Sn, 5g/t Ag, 0.012% Co) from 56m

VANCOUVER, BRITISH COLUMBIA – (July 6, 2021) – Pan Global Resources Inc. (the “Company”) (TSX-V: PGZ; OTC: PGNRF) is very pleased to announce that drilling continues to expand the La Romana copper target at the Escacena Project with significant near surface high grade intercepts of copper and tin mineralization. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine and approximately 15km west of the Las Cruces copper mine, in the Iberian Pyrite Belt, southern Spain.

Tim Moody, Pan Global President and CEO states: “The new drill holes at La Romana continue to deliver some excellent results with near surface high-grades over wide intervals, including additional supergene enrichment style mineralization. Step-out holes in the west have extended the strike length of the mineralization to more than 800m and remains wide open. Results for 21 additional drill holes are pending and drilling is continuing. We fully expect to further expand the area of mineralization with the ongoing program.”
 

Figure 1 – La Romana Geophysics Targets and Drill Hole Locations with Selected Highlights.  New Drill Hole Results are Highlighted in Orange.

 

Figure 2 – Selected Summary Drill Hole Cross Sections with New Drill Holes LRD43 and LRD45 (Section 736285 E) and LRD55 (Section 736335 E).

 

https://investingwithawareness.com/pan-global-drills-further-wide-copper-tin-intercepts-with-high-grades-from-near-surface-at-escacena-project-southern-spain/