PAN GLOBAL DRILLING EXPANDS MINERALIZATION AT LA ROMANA IN THE ESCACENA PROJECT, SPAIN

PAN GLOBAL DRILLING EXPANDS MINERALIZATION AT LA ROMANA IN THE ESCACENA PROJECT, SPAIN

 
 

  TSXV: PGZ | OTCQX: PGZFF  

 
  • La Romana drilling confirms continuity of the higher-grade tin mineralization in the west and adds high grade copper in the northeast
  •  
  • Romana West drilling intersects additional near-surface copper mineralization with assay results pending for eight drill holes
  •  
  • Elevated tin results continue to contribute to the mineralization profile at increased levels as drilling progresses in the west of La Romana
  •  

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to report assay results for 15 drill holes at the La Romana discovery at the Company`s 100% owned Escacena Project in the Iberian Pyrite Belt in southern Spain . La Romana represents a coherent zone of moderately northward-dipping copper-tin-silver mineralization, currently delineated over approximately 1.2 kilometers along strike and from surface to 400m down-dip. A planned 25-hole drill program is ongoing to expand and test the western extensions to the near-surface mineralization at the Romana West target.

 

  Highlights  

 
  •   LRD158 5.6m at 1.2% Cu, 3.3g/t Ag from 195.4m , and
  •  
    •   1m at 3.6% Cu and 19.4g/t Ag from 109m  
    •  
  •   LRD154 23m at 0.4% Cu, 0.12% Sn, 2g/t Ag from 33m , including
  •  
    •   7m at 0.5% Cu, 0.23% Sn and 2.8g/t Ag
    •  
  •   LRD147 32.25m at 0.4% Cu, 0.05% Sn and 1.3g/t Ag from 114m , including
  •  
    •   3.25m at 1.9% Cu, 0.36% Sn and 7.6g/t Ag
    •  
  •   LRD146 30m at 0.3% Cu, 0.05% Sn and 1.8g/t Ag from 151m , including
  •  
    •   8m at 0.6% Cu, 0.11% Sn and 3.4g/t Ag
    •  
  •   LRD150 10m at 0.6% Cu, 2.1g/t Ag from 83m , including
  •  
    •   4m at 1.2% Cu, 4g/t Ag
    •  
  •   LRD157 0.5m at 5.1% Cu, 24.5g/t Ag from 110m , and 3m at 1.5% Cu, 3.6g/t Ag from 195m  
  •  

"We are very pleased with these results, which successfully expand the copper and copper-tin-silver mineralization at La Romana and further demonstrates the favourable continuity of the mineralization," said Tim Moody , Pan Global's President & CEO.

 

"The new step-out drill holes show the mineralization continues to remain open down-dip along the northern extent of the drilling. Infill drill holes in the northeast confirms continuity of high-grade mineralization intersected in previous drilling. Three infill holes, drilled for the ongoing tin metallurgy test program, confirm continuity of the tin mineralization in the west."

 

"At Romana West, we continue to be encouraged by the visible copper and tin mineralization observed in drill core from initial drill holes at this high-priority target that represents the potential western extension to the La Romana copper-tin-silver mineralization."

 

"Results are also pending from the recently completed follow-up drill program at the Cañada Honda copper-gold target less than 4km to the north of La Romana."

 

Drill results are summarized in Table 1 and drill hole collar details are presented in Table 2 below. Drill hole locations are shown in Figure 1.

 
 

  Figure 1 – La Romana copper grade shells, drill hole locations with selected results for newly reported holes, and cross section locations A-A' (Figure 2), B-B' (Figure 3), and C-C' (Figure 4). (CNW Group/Pan Global Resources Inc.) 

 
 

  Step-out drill holes  

 

The step-out drill holes have expanded the northern limits of the La Romana copper and copper-tin-silver mineralization a further 50m to 70m down-dip on several sections, and shows the mineralization remains open at depth. Results include broad zones of copper mineralization and/or bands of high-grade copper mineralization with associated strong chlorite alteration, indicating potential for mineralization to continue at depth. The mineralization also remains open along-strike. Selected highlights include:

 
  •   LRD146 : 30m at 0.3% Cu, 0.05% Sn and 1.8g/t Ag from 151m , including 8m at 0.6% Cu, 0.11% Sn and 3.4g/t Ag

  •  
  •   LRD147 : 32.25m @ 0.4% Cu, 0.05% Sn and 1.3g/t Ag from 112m , including 3.25m at 1.9% Cu, 0.36% Sn and 7.6 g/t Ag

  •  
  •   LRD149 : 0.5m at 4.6% Cu and 10.3g/t Ag from 290.8m and 0.5m at 3.1% Cu, 9.7g/t Ag from 341.9m  

  •  
  •   LRD150 :   4m at 1.2% Cu and 4.0 g/t Ag from 83m , stratigraphically above the main La Romana mineralization

  •  
  •   LRD153 : 36.5m at 0.3% Cu and 1.7g/t Ag from 288m  
  •  

  Infill drill holes  

 

The infill drilling included testing an area previously inaccessible due to farm infrastructure and confirmed additional high-grade copper mineralization within a continuous zone extending from near surface to approximately 450m down-dip (see Figure 2 below). Three additional infill drill holes ( LRD152 , LRD154 and LRD159 ) complement a tin metallurgical test program and confirmed continuity of the high-grade tin mineralization in the west. Selected highlights include:

 
  •   LRD156 : 1m at 1.5% Cu and 7.5g/t Ag from 171m ; 25m at 0.3% Cu and 1.2g/t Ag from 203m , including 1.6m at 1.9% Cu and 7.4g/t Ag; and 0.5m at 2.0% Cu and 8.4g/t Ag from 262.7m  

  •  
  •   LRD157 : 0.5m at 5.1% Cu, 24.5g/t Ag and 0.12g/t Au;   3m at 1.5% Cu and 3.6g/t Ag from 195m ; and 0.65m at 1.8% Cu and 13.6g/t Ag from 228.35m  

  •  
  •   LRD158 : 0.5m at 3.0% Pb, 4.0% Zn, 0.2% Cu and 22.9g/t Ag from 62.5m ; 1m at 3.6% Cu and 19.4g/t Ag from 109m ;   5.6m at 1.2% Cu and 3.3g/t Ag from 195.4m , including   0.35m at 10.5% Cu, 26.1g/t Ag, 0.14g/t Au and 0.08% Co from 196.3m  

  •  
  •   LRD154 :   23m at 0.4% Cu, 0.12% Sn and 2.0g/t Ag from 33m , including   7m at 0.5% Cu, 0.23% Sn and 2.8g/t Ag (highest tin intersections on this section)

     
  •  
  •   LRD159 : 1m at 0.5% Cu, 0.68% Sn and 2.5g/t Ag from 24m ; and 19m at 0.4% Cu, 0.05% Sn and 1.3g/t Ag from 37m  
  •  
 

  Figure 2 – Cross Section A – A' (736885E) showing new drill holes LRD156, LRD158 and LRD160 with selected results. (CNW Group/Pan Global Resources Inc.) 

 
 
 

  Figure 3 – Cross Section B – B' (736135E) showing new drill holes LRD147 and LRD159 with selected results. Also shows the mineralization is extended down-dip (open). (CNW Group/Pan Global Resources Inc.) 

 
 
 

  Figure 4 – Cross Section C – C' (736325E) showing new drill hole LRD154 with selected results. Hole LRD154 has higher tin compared to previous drill holes on this section. (CNW Group/Pan Global Resources Inc.) 

 
 

  Table 1 – Escacena Project, drill results summary (all intersections are >90% to approximately 100% of true thickness)

 
 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
 

   Hole   

 
 

   From   

 
 

   To   

 
 

   Interval   

 
 

   Cu   

 
 

   Sn   

 
 

   Ag   

 
 

   Co   

 
 

   Au   

 
 
 

   Pb   

 
 

   Zn   

 
 
 

  m  

 
 

  m  

 
 

  m  

 
 

  %  

 
 

  %  

 
 

  g/t  

 
 

  ppm  

 
 

  g/t  

 
 
 

  ppm  

 
 

  ppm  

 
 

   LRD146   

 
 

   151.00   

 
 

   181.00   

 
 

   30.00   

 
 

   0.3   

 
 

   0.05   

 
 

   1.8   

 
 

   59   

 
 

   0.00   

 
 
 

   228   

 
 

   581   

 
 

  inc.  

 
 

  159.00  

 
 

  181.00  

 
 

  22.00  

 
 

  0.3  

 
 

  0.07  

 
 

  1.9  

 
 

  61  

 
 

  0.01  

 
 
 

  205  

 
 

  567  

 
 

   inc.   

 
 

   173.00   

 
 

   181.00   

 
 

   8.00   

 
 

   0.6   

 
 

   0.11   

 
 

   3.4   

 
 

   72   

 
 

   0.01   

 
 
 

   282   

 
 

   687   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD147   

 
 

   114.00   

 
 

   146.25   

 
 

   32.25   

 
 

   0.4   

 
 

   0.05   

 
 

   1.3   

 
 

   70   

 
 

   0.01   

 
 
 

   4   

 
 

   75   

 
 

  inc.  

 
 

  129.00  

 
 

  146.25  

 
 

  17.25  

 
 

  0.5  

 
 

  0.08  

 
 

  2.0  

 
 

  84  

 
 

  0.01  

 
 
 

  16  

 
 

  98  

 
 

   inc.   

 
 

   143.00   

 
 

   146.25   

 
 

   3.25   

 
 

   1.9   

 
 

   0.36   

 
 

   7.6   

 
 

   185   

 
 

   0.03   

 
 
 

   29   

 
 

   166   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD148   

 
 

  100.00  

 
 

  124.00  

 
 

  24.00  

 
 

  0.24  

 
 

  0.01  

 
 

  1.0  

 
 

  59  

 
 

  0.01  

 
 
 

  14  

 
 

  107  

 
 

  inc.  

 
 

  116.00  

 
 

  124.00  

 
 

  8.00  

 
 

  0.4  

 
 

  0.02  

 
 

  1.7  

 
 

  80  

 
 

  0.01  

 
 
 

  9  

 
 

  89  

 
 
 

  152.00  

 
 

  160.00  

 
 

  8.00  

 
 

  0.2  

 
 

  0.03  

 
 

  0.8  

 
 

  57  

 
 

  0.01  

 
 
 

  10  

 
 

  58  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD149   

 
 

  227.45  

 
 

  228.00  

 
 

  0.55  

 
 

  0.4  

 
 

  

 
 

  15.2  

 
 

  289  

 
 

  0.26  

 
 
 

  3410  

 
 

  6010  

 
 
 

  256.80  

 
 

  258.00  

 
 

  1.20  

 
 

  0.1  

 
 

  

 
 

  12.7  

 
 

  37  

 
 

  0.04  

 
 
 

  17800  

 
 

  4940  

 
 
 

   290.00   

 
 

   291.30   

 
 

   1.30   

 
 

   1.9   

 
 

    

 
 

   4.4   

 
 

   359   

 
 

   0.10   

 
 
 

   20   

 
 

   242   

 
 

   inc.   

 
 

   290.80   

 
 

   291.30   

 
 

   0.50   

 
 

   4.6   

 
 

   0.01   

 
 

   10.3   

 
 

   886   

 
 

   0.25   

 
 
 

   37   

 
 

   486   

 
 
 

   341.90   

 
 

   342.40   

 
 

   0.50   

 
 

   3.1   

 
 

   0.01   

 
 

   9.7   

 
 

   369   

 
 

   0.13   

 
 
 

   268   

 
 

   459   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD150   

 
 

  22.00  

 
 

  22.50  

 
 

  0.50  

 
 

  1.1  

 
 

  

 
 

  1.9  

 
 

  7  

 
 

  0.01  

 
 
 

  22  

 
 

  90  

 
 
 

  83.00  

 
 

  93.00  

 
 

  10.00  

 
 

  0.6  

 
 

  

 
 

  2.1  

 
 

  46  

 
 

  0.01  

 
 
 

  19  

 
 

  227  

 
 

   inc.   

 
 

   83.00   

 
 

   87.00   

 
 

   4.00   

 
 

   1.2   

 
 

    

 
 

   3.9   

 
 

   65   

 
 

   0.02   

 
 
 

   20   

 
 

   316   

 
 

   inc.   

 
 

   84.00   

 
 

   85.00   

 
 

   1.00   

 
 

   3.8   

 
 

   0.01   

 
 

   10.8   

 
 

   123   

 
 

   0.03   

 
 
 

   37   

 
 

   639   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD151   

 
 

  257.00  

 
 

  258.00  

 
 

  1.00  

 
 

  

 
 

  0.01  

 
 

  1.4  

 
 

  21  

 
 

  0.01  

 
 
 

  1205  

 
 

  11950  

 
 
 

  391.00  

 
 

  392.00  

 
 

  1.00  

 
 

  1.1  

 
 

  0.01  

 
 

  2.3  

 
 

  76  

 
 

  0.02  

 
 
 

  27  

 
 

  231  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD152 1   

 
 

  60.00  

 
 

  82.00  

 
 

  22.00  

 
 

  0.3  

 
 

  0.06  

 
 

  1.6  

 
 

  70  

 
 

  0.01  

 
 
 

  45  

 
 

  140  

 
 
 

  60.00  

 
 

  75.00  

 
 

  15.00  

 
 

  0.4  

 
 

  0.06  

 
 

  2.0  

 
 

  73  

 
 

  0.01  

 
 
 

  52  

 
 

  155  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD153   

 
 

  251.00  

 
 

  254.00  

 
 

  3.00  

 
 

  0.5  

 
 

  

 
 

  2.3  

 
 

  108  

 
 

  0.01  

 
 
 

  32  

 
 

  96  

 
 
 

  271.00  

 
 

  272.00  

 
 

  1.00  

 
 

  0.8  

 
 

  

 
 

  5.1  

 
 

  92  

 
 

  0.01  

 
 
 

  261  

 
 

  969  

 
 
 

   288.00   

 
 

   324.50   

 
 

   36.50   

 
 

   0.3   

 
 

   0.01   

 
 

   1.7   

 
 

   51   

 
 

   0.01   

 
 
 

   177   

 
 

   445   

 
 

  inc.  

 
 

  300.00  

 
 

  324.50  

 
 

  24.50  

 
 

  0.3  

 
 

  0.01  

 
 

  2.0  

 
 

  55  

 
 

  0.01  

 
 
 

  188  

 
 

  503  

 
 

   inc.   

 
 

   313.00   

 
 

   314.00   

 
 

   1.00   

 
 

   1.2   

 
 

   0.02   

 
 

   4.5   

 
 

   70   

 
 

   0.01   

 
 
 

   89   

 
 

   355   

 
 

   inc.   

 
 

   317.00   

 
 

   317.50   

 
 

   0.50   

 
 

   3.0   

 
 

   0.03   

 
 

   14.3   

 
 

   140   

 
 

   0.07   

 
 
 

   2300   

 
 

   5730   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD154 1   

 
 

   33.00   

 
 

   56.00   

 
 

   23.00   

 
 

   0.4   

 
 

   0.12   

 
 

   2.0   

 
 

   94   

 
 

   0.01   

 
 
 

   51   

 
 

   131   

 
 

  inc.  

 
 

  33.00  

 
 

  46.00  

 
 

  13.00  

 
 

  0.5  

 
 

  0.14  

 
 

  2.9  

 
 

  104  

 
 

  0.01  

 
 
 

  78  

 
 

  155  

 
 

   inc.   

 
 

   36.00   

 
 

   43.00   

 
 

   7.00   

 
 

   0.5   

 
 

   0.23   

 
 

   2.8   

 
 

   122   

 
 

   0.01   

 
 
 

   47   

 
 

   155   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD155   

 
 

  36.50  

 
 

  39.00  

 
 

  2.50  

 
 

  0.5  

 
 

  

 
 

  3.8  

 
 

  27  

 
 

  0.01  

 
 
 

  842  

 
 

  309  

 
 
 

  41.00  

 
 

  42.00  

 
 

  1.00  

 
 

  0.5  

 
 

  

 
 

  3.2  

 
 

  15  

 
 

  0.01  

 
 
 

  544  

 
 

  387  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD156   

 
 

  171.00  

 
 

  172.00  

 
 

  1.00  

 
 

  1.5  

 
 

  0.01  

 
 

  7.5  

 
 

  94  

 
 

  0.03  

 
 
 

  144  

 
 

  151  

 
 
 

  203.00  

 
 

  228.00  

 
 

  25.00  

 
 

  0.3  

 
 

  

 
 

  1.2  

 
 

  74  

 
 

  0.02  

 
 
 

  54  

 
 

  160  

 
 

   Inc.   

 
 

   203.00   

 
 

   204.60   

 
 

   1.60   

 
 

   1.9   

 
 

   0.01   

 
 

   7.4   

 
 

   449   

 
 

   0.08   

 
 
 

   306   

 
 

   218   

 
 
 

   262.70   

 
 

   263.20   

 
 

   0.50   

 
 

   2.0   

 
 

   0.01   

 
 

   8.4   

 
 

   315   

 
 

   0.16   

 
 
 

   100   

 
 

   390   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD157   

 
 

   110.00   

 
 

   110.50   

 
 

   0.50   

 
 

   5.1   

 
 

   0.01   

 
 

   24.5   

 
 

   409   

 
 

   0.12   

 
 
 

   140   

 
 

   481   

 
 
 

  161.00  

 
 

  162.00  

 
 

  1.00  

 
 

  0.9  

 
 

  

 
 

  5.9  

 
 

  86  

 
 

  0.03  

 
 
 

  142  

 
 

  407  

 
 
 

   195.00   

 
 

   198.00   

 
 

   3.00   

 
 

   1.5   

 
 

    

 
 

   3.6   

 
 

   201   

 
 

   0.03   

 
 
 

   15   

 
 

   104   

 
 

   inc.   

 
 

   196.00   

 
 

   197.00   

 
 

   1.00   

 
 

   3.6   

 
 

   0.01   

 
 

   8.8   

 
 

   422   

 
 

   0.08   

 
 
 

   27   

 
 

   137   

 
 
 

  228.35  

 
 

  229.00  

 
 

  0.65  

 
 

  1.8  

 
 

  0.01  

 
 

  13.6  

 
 

  248  

 
 

  0.10  

 
 
 

  3360  

 
 

  7150  

 
 
 

  255.00  

 
 

  256.00  

 
 

  1.00  

 
 

  0.7  

 
 

  0.02  

 
 

  7.3  

 
 

  158  

 
 

  0.06  

 
 
 

  2570  

 
 

  2180  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD158   

 
 

  62.50  

 
 

  63.00  

 
 

  0.50  

 
 

  0.2  

 
 

  

 
 

  22.9  

 
 

  21  

 
 

  0.09  

 
 
 

  30400  

 
 

  39500  

 
 
 

  109.00  

 
 

  110.00  

 
 

  1.00  

 
 

  3.6  

 
 

  0.01  

 
 

  19.4  

 
 

  279  

 
 

  0.04  

 
 
 

  96  

 
 

  405  

 
 
 

  185.00  

 
 

  186.00  

 
 

  1.00  

 
 

  1.0  

 
 

  

 
 

  6.6  

 
 

  130  

 
 

  0.02  

 
 
 

  12  

 
 

  149  

 
 
 

   195.40   

 
 

   201.00   

 
 

   5.60   

 
 

   1.2   

 
 

    

 
 

   3.3   

 
 

   152   

 
 

   0.02   

 
 
 

   42   

 
 

   120   

 
 

   inc.   

 
 

   195.40   

 
 

   197.50   

 
 

   2.10   

 
 

   2.7   

 
 

   0.01   

 
 

   7.3   

 
 

   290   

 
 

   0.05   

 
 
 

   61   

 
 

   146   

 
 

   inc.   

 
 

   196.30   

 
 

   196.65   

 
 

   0.35   

 
 

   10.5   

 
 

   0.01   

 
 

   26.1   

 
 

   811   

 
 

   0.14   

 
 
 

   138   

 
 

   298   

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD159 1   

 
 

  24.00  

 
 

  25.00  

 
 

  1.00  

 
 

  0.5  

 
 

  0.68  

 
 

  2.5  

 
 

  70  

 
 

  0.04  

 
 
 

  75  

 
 

  95  

 
 
 

  37.00  

 
 

  56.00  

 
 

  19.00  

 
 

  0.4  

 
 

  0.05  

 
 

  1.3  

 
 

  73  

 
 

  0.01  

 
 
 

  32  

 
 

  107  

 
 

  inc.  

 
 

  48.00  

 
 

  56.00  

 
 

  8.00  

 
 

  0.4  

 
 

  0.08  

 
 

  1.3  

 
 

  80  

 
 

  0.01  

 
 
 

  30  

 
 

  141  

 
 

  inc.  

 
 

  50.00  

 
 

  51.00  

 
 

  1.00  

 
 

  1.3  

 
 

  0.02  

 
 

  1.2  

 
 

  74  

 
 

  0.01  

 
 
 

  8  

 
 

  255  

 
 

  inc.  

 
 

  52.00  

 
 

  55.00  

 
 

  3.00  

 
 

  0.3  

 
 

  0.13  

 
 

  1.5  

 
 

  87  

 
 

  0.02  

 
 
 

  20  

 
 

  108  

 
 
 
 
 
 
 
 
 
 
 
 
 
 

   LRD160   

 
 

  236.00  

 
 

  273.00  

 
 

  37.00  

 
 

  0.25  

 
 

  

 
 

  1.0  

 
 

  64  

 
 

  0.01  

 
 
 

  123  

 
 

  27  

 
 

  inc.  

 
 

  239.00  

 
 

  242.00  

 
 

  3.00  

 
 

  1.1  

 
 

  

 
 

  2.6  

 
 

  180  

 
 

  0.02  

 
 
 

  95  

 
 

  40  

 
 

  inc.  

 
 

  239.90  

 
 

  240.40  

 
 

  0.50  

 
 

  5.3  

 
 

  0.01  

 
 

  12.3  

 
 

  635  

 
 

  0.08  

 
 
 

  215  

 
 

  216  

 
 

  inc.  

 
 

  300.20  

 
 

  300.70  

 
 

  0.50  

 
 

  1.0  

 
 

  0.01  

 
 

  4.0  

 
 

  416  

 
 

  0.16  

 
 
 

  123  

 
 

  131  

 
 
 

   1   Tin metallurgy drill hole  

 

 

 

  Table 2 – Escacena Project, drill hole collar information (Total 3745.5m )

 
 
                                                                                                
 

   Hole ID   

 
 

   Easting 2   

 
 

   Northing 2   

 
 

   Azimuth ( o )   

 
 

   Dip( o )   

 
 

   Depth (m)   

 
 

  LRD146  

 
 

  736281  

 
 

  4152845  

 
 

  180  

 
 

  -60  

 
 

  248.10  

 
 

  LRD147  

 
 

  736136  

 
 

  4152802  

 
 

  180  

 
 

  -60  

 
 

  209.30  

 
 

  LRD148  

 
 

  736085  

 
 

  4152796  

 
 

  180  

 
 

  -55  

 
 

  220.50  

 
 

  LRD149  

 
 

  736956  

 
 

  4152942  

 
 

  180  

 
 

  -60  

 
 

  424.35  

 
 

  LRD150  

 
 

  736539  

 
 

  4152884  

 
 

  180  

 
 

  -62  

 
 

  398.40  

 
 

  LRD151  

 
 

  737003  

 
 

  4152998  

 
 

  180  

 
 

  -60  

 
 

  442.85  

 
 

  LRD152    1  

 
 

  736187  

 
 

  4152712  

 
 

  180  

 
 

  -55  

 
 

  86.20  

 
 

  LRD153  

 
 

  736734  

 
 

  4152936  

 
 

  180  

 
 

  -65  

 
 

  367.70  

 
 

  LRD154    1  

 
 

  736233  

 
 

  4152669  

 
 

  180  

 
 

  -55  

 
 

  73.30  

 
 

  LRD155  

 
 

  736980  

 
 

  4152570  

 
 

  180  

 
 

  -55  

 
 

  89.40  

 
 

  LRD156  

 
 

  736905  

 
 

  4152811  

 
 

  180  

 
 

  -65  

 
 

  272.35  

 
 

  LRD157  

 
 

  736905  

 
 

  4152811  

 
 

  180  

 
 

  -55  

 
 

  272.50  

 
 

  LRD158  

 
 

  736903  

 
 

  4152812  

 
 

  192  

 
 

  -55  

 
 

  257.50  

 
 

  LRD159    1  

 
 

  736138  

 
 

  4152687  

 
 

  180  

 
 

  -55  

 
 

  65.55  

 
 

  LRD160  

 
 

  736898  

 
 

  4152874  

 
 

  180  

 
 

  -60  

 
 

  317.50  

 
 
 

   1   Tin metallurgy drill hole
   2   Coordinates are in ERTS89 datum UTM29N  

 
  About the Escacena Project  
 

The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled 100% by Pan Global in the east of the Iberian Pyrite Belt. Escacena is located near operating mines at Las Cruces and Riotinto and is immediately adjacent to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes/Grupo Mexico is in the final permitting stage with construction anticipated to start in 2023. The Escacena Project hosts the La Romana copper-tin-silver discovery and a number of other prospective targets, including Romana West, Cañada Honda, Zarcita, Hornitos, La Jarosa, Romana Deep , Romana North , Bravo, Barbacena, El Pozo, and San Pablo.

  

 Pan Global Resources Inc. is actively targeting copper-rich mineral deposits, given copper's compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. The Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain , where infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one jurisdiction for mining investment. The Pan Global team comprises proven talent in exploration, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities.

 

  QA/QC Procedures  

 

Core size was HQ (63mm) and all samples were ½ core. Nominal sample size was 1m core length and ranged from 0.5 to 2m . Sample intervals were defined using geological contacts with the start and end of each sample physically marked on the core. Diamond blade core cutting and sampling was supervised at all times by Company staff. Duplicate samples of ¼ core were taken approximately every 30 samples and Certified Reference materials inserted every 25 samples in each batch.

 

Samples were delivered to ALS laboratory in Seville, Spain and assayed at the ALS laboratory in Ireland . All samples were crushed and split (method CRU-31, SPL22Y), and pulverized using (method PUL-31). Gold analysis was by 50gm Fire assay with ICP finish (method Au-ICP22) and multi element analysis was undertaken using a 4-acid digest with ICP AES finish (method ME-ICP61). Over grade base metal results were assayed using a 4-acid digest ICP AES (method OG-62). Over grade tin was determined using peroxide fusion with ICP finish (method Sn-ICP81x).

 

  Qualified Persons  

 

  James Royall , Vice President Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information for this news release. Mr. Royall is not independent of the Company.

 

On behalf of the Board of Directors

 
   Forward-looking statements   
 

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

 

The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.

 

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 
 

  Pan Global Resources Inc. Logo (CNW Group/Pan Global Resources Inc.) 

 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/pan-global-drilling-expands-mineralization-at-la-romana-in-the-escacena-project-spain-301907516.html  

 

SOURCE Pan Global Resources Inc. 

 

 

 

 Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/August2023/23/c1025.html  

 
 

News Provided by Canada Newswire via QuoteMedia

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The Conversation (0)
PAN GLOBAL INTERSECTS 1.04% COPPER OVER 15.9 METERS AT WESTERN EXPANSION OF LA ROMANA COPPER-TIN-SILVER DISCOVERY

PAN GLOBAL INTERSECTS 1.04% COPPER OVER 15.9 METERS AT WESTERN EXPANSION OF LA ROMANA COPPER-TIN-SILVER DISCOVERY

 
 

  TSXV: PGZ   |   OTCQX: PGZFF  

 
  • Highest grades intersected to-date in the current 25-hole drill program
  •  
  • New drilling confirms continuation of high-grade near-surface copper-tin-silver (Cu-Sn-Ag) mineralization
  •  
  • Mineralization remains wide open, with grades increasing to the west and down-dip to the north
  •  

 Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce the intersection of additional high-grade near-surface copper mineralization at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt in southern Spain .

 

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PAN GLOBAL COMPLETES UPSIZED $6 MILLION PRIVATE PLACEMENT FINANCING

PAN GLOBAL COMPLETES UPSIZED $6 MILLION PRIVATE PLACEMENT FINANCING

 
 

/NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

 

  TSXV: PGZ   |   OTCQX: PGZFF  

 

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PAN GLOBAL INCREASES PRIVATE PLACEMENT FINANCING FROM $2 MILLION TO $6 MILLION DUE TO STRONG DEMAND

PAN GLOBAL INCREASES PRIVATE PLACEMENT FINANCING FROM $2 MILLION TO $6 MILLION DUE TO STRONG DEMAND

 
 

/NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

 

  TSXV: PGZ | OTCQX: PGZFF  

 

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PAN GLOBAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

PAN GLOBAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

 
 

/NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

 

  TSXV: PGZ  | OTCQX: PGZFF  

 

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PAN GLOBAL ANNOUNCES FIRST ESG REPORT

PAN GLOBAL ANNOUNCES FIRST ESG REPORT

 
 

  TSXV: PGZ  |  OTCQX: PGZFF  

 

 Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce completion of the Company's first sustainability assessment report from Digbee ESG ™ ("Digbee"), a leading independent assessment platform for the mining industry.

 

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Vertex Minerals Limited  Reward Gold Mine Project Update

Vertex Minerals Limited Reward Gold Mine Project Update

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,VTXXF) (OTCMKTS:VTXXF) is pleased to announce that the underground mining operation is on track to be producing high grade gold feed to the recently commissioned gravity gold plant in the coming weeks.

HIGHLIGHTS:

- Operational Milestones

o VTX remains firmly on track to commence production of high-grade ore from the underground mine in the forthcoming weeks.

o Transformer and cabling for the installation of 11kV high voltage underground power system on site with installation commenced.

o Preparations for the underground mine startup up progressing as planned and stripping of the main access is completed.

o New Aramine L350D has departed France for the journey to Hill End. Arrival in Orange NSW expected in by 26th August where it will be fitted with an RCT remote control system for open stoping operations.

o Mining the Reward Gold Mine - Resource 225kozs at 16.7g/t (VTX ASX Announcement 21 June 2023).

o Weekly Gold production Oz's from Stockpiles improving with depth in the stockpiles, with coarser particle size and better process throughput experienced.

- Mine start up

o Fan chambers have been excavated to provide secondary ventilation for production activities, exploration drilling and the future southern access toward the Fosters' exploration target.

o Primary ventilation fan has been installed and bulkhead completed.

o High voltage surface substation has been installed.

o High voltage cabling installation commences next week, with power up of the system scheduled for 28 July 2025.

o Stripping of the main accessis completed with the final elements of ground support (approx. 30m) to be completed before power cable installation starts next week.

o Cable bolts installed for the intersection of Lady Belmore exploration drive with first cut drilled out and ready to charge.

o Development Jumbo #1 (Epiroc T1D) is exceeding performance expectations.

o Dewatered of declines well underway.

o Mine schedule for FY26 finalised.

o First airleg stope secondary vent installed and specialty equipment on site to start first air leg stope.

o First long hole stope planned for August. High grade from airleg and longhole stopes to complement larger tonnage from development ore headings.

- People that have been onboarded

o 2x Drill Fitters and Heavy diesel fitter.

o Process superintendent commences next week.

o Full Tech team started including mine surveyor this week.

o Have back-to-back airleg miners for stoping.

o Full underground and mill crews.

- Improvements to plant

o DSM screen installed to improve product delivery to Wilfley Table.

o Gemini table improvements with new tabletop and gearbox improving final concentrate grade to over 20% gold (suitable for direct smelting to Dore on site).

o Process water pump upgrade improving ore washing and Tomra performance.

- Revised mine plan and schedule completed and ready to implement

- Updated Reward Gold mine mining plan and mine schedule completed.

- Adding a high-grade long hole stope upfront to be mined concurrently with the high grade airleg stope.

Vertex Director Declan Franzmann commented: "It is great to see all the elements of re-developing the underground mine and processing facility coming together so rapidly. The most pleasing aspect is our success in employing an incredible team of people to run the operation and all credit to management for developing great "esprit de corps" and a single sense of purpose as we push to full production."

As previously announced, the startup mine schedule includes mining 2,075 tonnes at 17.8 g/t Au from a developed airleg stope block. The planned stope width is the same as the interpretation of the mineralisation. (Refer to Table 1 in Appendices 1) (VTX ASX announcement 26/06/23).

Given this stope will take some time to extract, the Vertex geology and Mining Team have additionally brought forward a very high-grade long hole stope to commence mining in August as well. Further optimisations to the mining schedule will continue to be made.

This stope can be exploited as soon as services have been established. The mining crews have done a great job in the access drive to make room for the services (11kV cable, water and air lines) while improving accessibility for the mobile mining equipment selected for the Project.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/OUQP5Z21

 

About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX,VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

 

 

Source:
Vertex Minerals Limited

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Juggernaut Closes $1,100,000 from Institutions and Accredited Investors

Juggernaut Closes $1,100,000 from Institutions and Accredited Investors

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia July 8, 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its June 4, June 12, and June 16, 2025, news releases, the Company is pleased to announce that it has closed its private placement financing (the "Financing") for aggregate gross proceeds of $1,100,000.

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Noble Reports on Canada Nickel's Continued Exploration Success at MacDiarmid, Provides Exploration Update

Noble Reports on Canada Nickel's Continued Exploration Success at MacDiarmid, Provides Exploration Update

 

(TheNewswire)

 
       
  Noble Mineral Exploration Inc. 
                
 

  Highlights  

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