Pan Global Drills 6.7m at 3.1% Copper and 17.5g/t Silver at La Romana, Escacena Project, Southern Spain

6.7m at 3.1% Cu, 17.5g/t Ag, including 2.95m at 6.2% Cu, 0.04% Sn, 36.8g/t Ag, 0.12g/t Au plus additional near surface high grade copper intervals
La Romana mineralization remains wide open in several directions
Copper mineralization and wide zone of alteration confirmed at satellite IP anomaly north of La Romana
Additional 20 drill holes planned to further expand the La Romana target

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce new drill results and the expansion of the La Romana target area ("La Romana") at the Escacena Project ("Escacena") in the Iberian Pyrite Belt, southern Spain. Exploration is also in progress on new targets in the surrounding area with drilling also ongoing at the La Jarosa target ("La Jarosa"), located approx. 4km northeast of La Romana.

Tim Moody, Pan Global President and CEO states: "The latest results further confirm the copper mineralization at La Romana remains wide open to the west from near surface and also down dip. Results for drill hole LRD114 included an excellent high-grade intersection which highlights the potential for additional high grade in the east. We are mobilizing a second drill rig to recommence drilling at La Romana where we have a further twenty drill holes planned."

Mr. Moody added: "An extensive exploration program is also in progress on multiple new targets at Escacena, with results pending for the recently completed high resolution heliborne electromagnetic and magnetic survey. A ground Induced Polarity ("IP") survey is also about to commence. Three follow-up drill holes have been completed at La Jarosa with results awaited to help vector to additional copper mineralization."

Drill highlights include:

6.7m at 3.1% Cu%, 17.5g/t Ag, 0.024% Co, 0.2% Pb, 0.4% Zn from 74.3m in LRD114, including
- 2.95m at 6.2% Cu, 37g/t Ag, 0.12g/t Au, 0.04% Co, 0.4% Pb, 0.9% Zn
20.25m at 0.62% Cu, 0.05% Sn, 2.5g/t Ag from 6.35m in LRD95, including
- 7m at 1.23% Cu, 0.08% Sn, 5.3g/t Ag
20.25m at 0.6% Cu, 4.6g/t Ag, 0.14% Zn from 56.25m in LRD113, including
- 7.75m at 1.02% Cu, 4.9g/t Ag and
- 1m at 1.7% Cu, 42.8g/t Ag, 0.04g/t Au, 0.8% Pb, 1.8% Zn
20m at 0.4% Cu, 0.06% Sn, 1.2g/t Ag from 65m in LRD103, including
- 3.5m at 0.8% Cu, 0.19% Sn, 2.9g/t Ag, including
- 0.45m at 3.7% Cu, 0.51% Sn, 12g/t Ag, 0.06% Co
17.1m at 0.54% Cu, 0.07% Sn, 1.7g/t Ag from 53m in LRD106,including
- 5m at 0.5% Cu, 0.12% Sn, 1.3g/t Ag and
- 3.25m at 1.6% Cu, 0.09% Sn, 5.1g/t Ag

Figure 1 - La Romana target and drill hole locations with selected highlights

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Figure 2 - Summary drill hole cross section 736935M East with new drill holes LRD113 and LRD114 results highlights in yellow

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Figure 3 - Summary drill hole cross section 736485M East with new drill hole LRD95 results highlights in yellow

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Figure 4 - Summary drill hole cross section 736035M East with new drill holes LRD103 and LRD106 results highlights in yellow

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Figure 5 - La Romana - View to the south approx. perpendicular to the plane of the mineralization (dip 40^o N) showing drill hole Cu and Sn grade contours and Cu x m (%) thickness bubbles showing the mineralization open in several directions

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Drill results

The latest drill results are from nineteen holes completed in 2021-2022 in the Phase 4 drill program at the La Romana discovery. Drill holes LRD 94, 95, 112, 113, 114 and 115 tested up-dip/near-surface extensions in the centre and east of the target area. Drill holes LRD96, 103, 106, 109 and 110 tested the westward extensions. Drill holes LRD 89, 91, 93, 100, 102, 105 and 107 tested down-dip extensions. Drill hole LRD 101 tested an IP chargeability anomaly approximately 400m north of La Romana.

Drill hole locations are shown in Figure 1 and summary cross sections for selected drill holes LRD95, LRD103, LRD106, LRD113 and LRD114 provided in Figures 2, 3 and 4 above.

Drill hole collar information is provided in Table 1 below. Assay results are summarized in Table 2. The drill holes were all inclined towards the south or southwest and all reported drill intervals are approximately true thickness (>90%). Previously published drill results are provided in the Company's website:

https://www.panglobalresources.com/_files/ugd/eec401_6b904e48451543efb191408a725c7fa0.pdf

Table 1 Escacena Project, La Romana drill hole collar information (Total 4147.65m)

Hole ID	Easting¹	Northing¹	Azimuth (º)	Dip (º)	Depth (m)
LRD89	736985	4152861	180	-59	346.9
LRD91	736540	4152798	180	-60	260.3
LRD93	736236	4152738	180	-55	215.85
LRD94	736885	4152593	180	-50	122.15
LRD95	736485	4152622	180	-55	116.3
LRD96	736138	4152716	180	-55	182.05
LRD100	736837	4152832	180	-66	311.3
LRD101	735977	4153194	180	-60	404.3
LRD102	736783	4152859	180	-60	301.5
LRD103	736053	4152764	220	-50	191.1
LRD105	736735	4152866	180	-60	307
LRD106	736075	4152722	220	-50	189
LRD107	736329	4152869	180	-55	287.2
LRD109	736103	4152682	190	-50	170.1
LRD110	736183	4152640	180	-55	134.1
LRD112	736523	4152613	180	-50	173.4
LRD113	736938	4152618	180	-55	149.25
LRD114	736938	4152618	180	-80	162.8
LRD115	736738	4152575	180	-55	123.05

¹Coordinates are in ERTS89 datum UTM29N

Table 2 - Escacena Project, La Romana drill results summary

Hole	Fr	To	Int	Cu	Sn	Ag	Co	Au	Pb	Zn
			m	%	ppm	g/t	ppm	g/t	ppm	ppm
LRD89	235.70	236.30	0.60	1.77	48	6.9	308	0.05	39	185
	282.05	282.50	0.45	0.88	27	7.1	505	0.18	509	836

LRD91	14.00	14.75	0.75	0.78	25	7.2	42	0.18	761	83
	136.50	142.00	5.50	0.43	911	2.0	73	0.01	37	405
incl.	233.00	259.00	26.00		334

LRD93	8.00	11.10	3.10	0.53	76	1.2	59	0.02	46	144
	80.00	103.00	23.00	0.33	770	2.6	87	0.01	94	248
incl.	95.50	101.85	6.35	0.55	1505	3.8	144	0.01	69	228
	210.55	210.95	0.40	1.83	395	18.8	94	0.14	696	2070

LRD94	30.50	53.00	22.50	0.25	71	2.0	42	0.01	319	232
	60.60	61.00	0.40	3.42	106	9.4	126	0.03	240	404
	62.75	62.90	0.15	0.94	472	9.4	417	0.23	690	421

LRD95	6.35	40.00	33.65	0.43	386	1.8	48	0.00	96	276
	6.35	26.60	20.25	0.62	527	2.5	59	0.00	53	235
	8.00	15.00	7.00	1.23	836	5.3	83	0.01	43	348

LRD96	48.00	79.00	31.00	0.22	429	1.0	57	0.01	59	155
incl.	64.00	74.00	10.00	0.29	821	1.1	71	0.01	12	99
incl.	69.00	77.00	8.00	0.18	1142	0.8	66	0.01	10	92

LRD100	188.10	189.70	1.60	1.01	37	2.9	84	0.02	23	94
incl.	189.00	189.70	0.70	1.53	46	4.2	103	0.02	31	140
	207.25	207.80	0.55	2.90	99	13.4	975	0.10	72	320
	231.60	232.40	0.80	1.48	64	7.7	142	0.02	84	506
	256.15	256.55	0.40	1.66	375	8.8	320	0.15	477	1305
	263.85	264.10	0.25	1.74	1390	11.5	616	0.22	283	604

LRD101	100.50	101.25	0.75	1.18	60	29.2	11	0.07	3170	167
	279.45	279.70	0.25	8.30	160	28.8	281	0.04	69	282

LRD102	115.50	118.55	3.05	0.82	39	4.7	56	0.01	274	794
incl.	115.50	116.45	0.95	1.27	50	9.8	68	0.03	717	2180
incl.	118.40	118.55	0.15	7.16	91	19.7	306	0.05	138	636
	230.00	242.70	12.70	0.55	64	2.5	60	0.01	100	310
incl.	233.95	235.00	1.05	1.00	53	4.4	98	0.03	52	484
incl.	237.00	238.00	1.00	1.09	66	4.0	85	0.02	66	370
incl.	242.00	242.70	0.70	1.40	149	4.8	123	0.02	94	331
	275.90	276.05	0.15	1.23	1755	4.7	216	0.12	283	375

LRD103	65.00	85.00	20.00	0.38	631	1.2	93	0.01	32	95
incl.	73.00	76.50	3.50	0.77	1910	2.9	156	0.01	97	130
incl.	74.10	74.55	0.45	3.73	5130	12.0	570	0.02	141	188
	112.00	123.00	11.00	0.22	328	0.7	56	0.01	5	63

LRD105	70.15	70.90	0.75	2.22	80	5.9	130	0.10	1468	3953
	233.00	246.00	13.00	0.51	55	2.6	64	0.01	50	321
incl.	238.85	242.30	3.45	1.10	73	5.0	87	0.01	41	326
incl.	238.85	239.15	0.30	5.71	210	25.6	322	0.03	113	1100
incl.	240.20	241.20	1.00	1.49	87	6.6	108	0.02	71	375
	252.00	266.25	14.25	0.48	181	2.5	62	0.01	116	674
incl.	257.20	258.55	1.35	1.73	827	7.2	129	0.02	225	742
incl.	261.75	262.25	0.50	1.56	193	11.0	108	0.02	497	1700
incl.	265.00	266.25	1.25	1.36	294	6.1	90	0.01	172	645
incl.	265.95	266.25	0.30	4.39	698	20.8	202	0.03	491	2080

LRD106	53.00	70.10	17.10	0.54	729	1.7	95	0.02	26	135
incl.	55.00	60.00	5.00	0.48	1183	1.3	94	0.01	18	73
incl.	66.85	70.10	3.25	1.61	882	5.1	109	0.04	54	251
	85.50	93.20	7.70	0.28	142	0.9	47	0.01	15	64

LRD107	172.00	193.00	21.00	0.34	345	2.4	60	0.01	324	614
incl.	177.00	188.00	11.00	0.52	370	3.2	72	0.01	289	526
incl.	181.00	185.00	4.00	1.06	781	5.8	90	0.01	227	406

LRD109	17.00	33.35	16.35	0.23	884	0.8	78	0.01	20	87
incl.	21.00	29.00	8.00	0.29	1129	1.0	97	0.02	26	94
incl.	32.85	33.35	0.50	0.59	2460	3.1	97	0.02	36	112

LRD110	19.70	30.00	10.30	0.47	912	1.3	65	0.01	39	130
incl.	19.70	26.00	6.30	0.40	1223	1.4	75	0.01	17	137

LRD112	5.40	43.10	37.70	0.38	214	1.4	53	0.00	106	287
incl.	26.10	43.10	17.00	0.49	308	1.9	57	0.01	157	358
incl.	39.70	41.80	2.10	1.32	247	5.3	53	0.01	635	387
	67.00	68.20	1.20	1.48	186	3.6	55	0.01	345	737
	54.60	135.00	80.40	0.07	227

LRD113	25.00	27.00	2.00	2.08	43	4.1	76	0.02	441	737
	56.25	76.50	20.25	0.57	40	4.6	67	0.01	589	1430
incl.	56.25	64.00	7.75	1.02	29	4.9	94	0.02	401	607
incl.	61.45	64.00	2.55	2.30	58	11.7	165	0.03	1190	1556
incl.	70.60	71.60	1.00	1.73	85	42.8	97	0.04	7590	17900


LRD114	31.15	32.40	1.25	1.15	28	11.7	324	0.13	517	578
	43.10	44.10	1.00	1.85	31	6.3	108	0.02	800	1047
incl.	43.10	43.40	0.30	5.23	51	13.9	197	0.04	1215	2140
	74.30	81.00	6.70	3.08	80	17.5	242	0.06	1825	4110
incl.	75.65	78.60	2.95	6.17	136	36.8	449	0.12	4020	8724
	97.35	97.55	0.20	2.03	37	9.4	441	0.16	349	1270
	120.30	120.55	0.25	3.06	81	20.1	499	0.10	8390	6800
	147.00	147.20	0.20	1.87	451	6.3	224	0.13	139	178

LRD115	29.60	57.40	27.80	0.46	279	2.5	53	0.01	149	378
	29.60	49.25	19.65	0.50	337	2.8	54	0.01	143	353
incl.	29.60	38.80	9.20	0.76	375	3.7	69	0.01	37	356
	29.60	32.65	3.05	0.99	450	4.9	94	0.01	33	269

The results continue to show that the mineralization remains wide open in several directions (see Figure 5 above).

The primary mineralization includes mainly stockwork, semi-massive sulphides and bands of massive sulphide, with chalcopyrite as the primary copper mineral and cassiterite as the predominant tin mineral. The copper mineralization is also associated with elevated levels of silver, cobalt and gold. A metal zonation is also apparent, progressing from copper and tin in the west to copper and zinc in the east. A zone of oxidation and supergene copper mineralization is also locally present in the upper levels of the deposit, with chalcocite overprinting/replacing primary sulphide.

Drill hole LRD89 testing dip extensions in the east intersected minor copper mineralization. Results include:

0.6m at 1.8% Cu, 6.9g/t Ag, 0.031% Co from 235.7m (downhole)
0.45m at 0.9% Cu, 7.1g/t Ag, 0.18g/t Au, 0.05% Co from 282.05m

Drill hole LRD91 confirmed a narrow down-dip continuation of the copper and tin mineralization to the north, approx. 50m down-dip from LRD56. The hole also shows wide zones of anomalous tin in the footwall. Results include:

0.75m at 0.8% Cu, 7.2g/t Ag, 0.18g/t Au from 14m
5.5mat 0.4% Cu, 0.09% Sn, 2g/t Ag, and
26m at 0.033% Sn from 233m

Drill hole LRD93 confirmed down-dip continuation of the copper and tin mineralization to the north, approx. 50m down-dip from LRD70. The hole also includes a thin near-surface interval with oxide copper. Results include:

3.1m at 0.5% Cu, 1.2g/t Ag from 8m (oxide)
23mat 0.33% Cu, 0.07% Sn, 2.6g/t Ag, including
- 6.35m at 0.55% Cu, 0.15% Sn, 3.8g/t Ag
0.4m at 1.8% Cu, 0.04% Sn, 18.8g/t Ag, 0.14g/t Au from 210.55m

Drill hole LRD94, in the east intersected an upper zone of low grade supergene chalcocite +/- minor chalcopyrite. Results include:

22.5m at 0.25% Cu, 2g/t Ag from 30.5m (chalcocite)
0.4mat 3.4% Cu, 9.4g/t Ag

Drill hole LRD95,testing the up-dip extension approx. 25m south of LRD11, intersected a >33m wide zone with supergene chalcocite +/- minor chalcopyrite, including:

20.25mat 0.6% Cu, 0.05% Sn, 2.5g/t Ag from 6.35m (chalcocite), including:
- 7m at 1.2% Cu, 0.08% Sn, 5.3g/t Ag

Drill hole LRD96,in the west intersected a >30m wide zone of low grade copper and tin mineralization from 31m, including:

10mat 0.3% Cu, 0.08% Sn, 1.1g/t Ag from 64m, or
8m at 0.2% Cu, 0.11% Sn from 69m

Drill hole LRD100,confirmed down-dip continuation of the mineralization in the east with multiple thin intervals with >1% Cu and local elevated Co, including:

1.6mat 1.0% Cu, 2.9g/t Ag from 188m
0.55m at 2.9% Cu, 13.4g/t Ag, 0.098% Co from 207.25m
0.8m at 1.5% Cu, 7.7g/t Ag, 0.014% Co from 231.6m
0.4m at 1.7% Cu, 0.04% Sn, 8.8g/t Ag, 0.15g/t Au, 0.03% Co from 256.15m
0.25m at 1.7% Cu, 0.14% Sn, 11.5g/t Ag, 0.22g/t Au, 0.06% Co from 263.85m

Drill hole LRD101 confirmed a wide zone of strong alteration associated with a satellite IP anomaly approx. 300m to the north of La Romana. The hole intersected wide zones of mainly chlorite alteration +/- strong silicification with traces of chalcopyrite and/or pyrite and a thin copper-rich coarse massive sulphide interval. The coarse sulphide intervals indicates potential remobilisation from nearby mineralization. The IP anomaly remains open towards the west and gravity data indicates further potential down-dip. Results include:

0.75mat 1.2% Cu, 29.2g/t Ag, 0.32% Pb from 100.5m, and
0.25m at 8.3% Cu, 0.016% Sn, 28.8g/t Ag, 0.03% Co from 279.45m (massive sulphide)

Drill hole LRD102,confirmed the mineralization remains open to the north, approx. 50m down dip from LRD74 with multiple thin >1% Cu intervals, including:

3.05mat 0.8% Cu, 4.7g/t Ag from 115.5m, including
- 0.95m at 1.3% Cu, 9.8g/t Ag, 0.22% Zn
- 0.15m at 7.2% Cu, 19.7g/t Ag, 0.03% Co
12.7m at 0.55% Cu, 2.5g/t Ag from 230m, including
- 1.05m at 1.0% Cu, 4.4g/t Ag
- 1m at 1.1% Cu, 4g/t Ag
- 0.7m at 1.4% Cu, 4.8g/t Ag
0.15m at 1.2% Cu, 0.18% Sn, 4.7g/t Ag, 0.12g/t Au, 0.02% Co from 275.9m

Drill hole LRD103 confirmed the copper and tin mineralization continues and remains wide open towards the west. Results include:

20mat 0.4% Cu, 0.06% Sn, 1.2g/t Ag from 65m, including
- 3.5m at 0.8% Cu, 0.19% Sn, 2.9g/t Ag
- 0.45m at 3.7% Cu, 0.51% Sn, 12g/t Ag, 0.06% Co

Drill hole LRD105 confirmed the copper mineralization continues approx. 50m further down-dip from LRD78 and remains open to the north, including:

0.75mat 2.2% Cu, 5.9g/t Ag, 0.15% Pb, 0.4% Zn from 70.15m
13m at 0.5% Cu, 2.6g/t Ag from 233m, including
- 3.45m at 1.1% Cu, 5g/t Ag, includes
  - 0.3m at 5.7% Cu, 25.6g/t Ag
14.25m at 0.5% Cu, 2.5g/t Ag from 252m, including
- 1.35m at 1.7% Cu, 0.08% Sn, 7.2g/t Ag
- 0.5m at 1.6% Cu, 11g/t Ag
- 1.25m at 1.4% Cu, 0.03% Sn, 6.1g/t Ag
- 0.3m at 4.4% Cu, 0.07% Sn, 20.8g/t Ag, 0.02% Co

Drill hole LRD106 confirmed the copper and tin mineralization continues and remains wide open towards the west from near surface. Results include:

17.1mat 0.5% Cu, 0.07% Sn, 1.7g/t Ag from 53m, including
- 5m at 0.5% Cu, 0.12% Sn, 1.3g/t Ag
- 3.25m at 1.6% Cu, 0.09% Sn, 5.1g/t Ag

Drill hole LRD107 confirmed the copper mineralization continues approx. a further down-dip from LRD65 and remains open to the north. Results include:

11mat 0.5% Cu, 0.04% Sn, 3.2g/t Ag from 177m, including
- 4m at 1.1% Cu, 0.08% Sn, 5.8g/t Ag

Drill hole LRD109 confirmed the copper and tin mineralization continues, albeit with lower copper and higher tin grades compared to adjacent holes, and remains wide open towards the west from near surface. Results include:

16.35mat 0.23% Cu, 0.09% Sn, 0.8g/t Ag from 17m, including
- 8m at 0.3% Cu, 0.13% Sn, 1.0g/t Ag
- 0.5m at 0.6% Cu, 0.25% Sn, 3.1g/t Ag

Drill hole LRD110 intersected additional copper and tin mineralization from near surface and remains open towards the west. Results include:

10.3mat 0.5% Cu, 0.09% Sn, 1.3g/t Ag from 19.7m, including
- 6.3m at 0.4% Cu, 0.12% Sn, 1.4g/t Ag

Drill hole LRD112 extends the copper and tin mineralization from immediately beneath shallow cover approx. 25m south of LRD 61. The hole intersected a wide zone of secondary chalcocite and thick, well-developed, mostly pyritic sulphide stock work with anomalous tin. The results indicate potential for the supergene chalcocite mineralization to extend further to the south. Results include:

37.7mat 0.4% Cu, 0.02% Sn, 1.4g/t Ag from 5.4m (chalcocite), including
- 17m at 0.5% Cu, 0.03% Sn, 1.9g/t Ag, includes
  - 2.1m at 1.3% Cu, 0.02% Sn, 5.3g/t Ag
1.2m at 1.5% Cu, 3.6g/t Ag from 67m
80.4m at 0.022% Sn from 54.6m

Drill hole LRD113,confirmed continuation of the copper mineralization approx. 25m down-dip from LRD69 in the east with high grades from shallow depths. Results include:

2mat 2.1% Cu, 4.1g/t Ag from 25m
20.25m at 0.6% Cu, 4.6g/t Ag, 0.14% Zn from 56.25m, including
- 7.75m at 1.02% Cu, 4.9g/t Ag, includes
  - 2.55m at 2.3% Cu, 11.7g/t Ag, 0.12% Pb, 0.16% Zn
1m at 1.7% Cu, 42.8g/t Ag, 0.8% Pb, 1.8% Zn from 70.6m

Drill hole LRD114,confirmed continuation of the copper mineralization, including 6.7m of very high-grade copper mineralization approx. 30m down-dip from a similar thickness high grade copper interval in LRD113. The results show several additional thin high-grade intervals. Results include:

1.25mat 1.2% Cu, 11.7g/t Ag, 0.13g/t Au, 0.03% Co from 31.5m
1m at 1.9% Cu, 6.3g/t Ag from 43.1m, including
- 0.3m at 5.2% Cu, 13.9g/t Ag, 0.02% Co
6.7m at 3.1% Cu, 17.5g/t Ag, 0.18% Pb, 0.4% Zn from 74.3m, includes
- 2.95m at 6.2% Cu, 36.8g/t Ag, 0.12% g/t Au, 0.04% Co, 0.4% Pb, 0.9% Zn
0.2m at 2.0% Cu, 9.4g/t Ag, 0.16g/t Au, 0.04% Co from 97.35m
0.25m at 3.1% Cu, 20.1g/t Ag, 0.05% Co, 0.8% Pb, 0.7% Zn from 120.3m
0.2m at 1.9% Cu, 0.05% Sn, 6.3g/t Ag, 0.13g/t Au from 147m

Drill hole LRD115,extended the near-surface supergene chalcocite mineralization approx. 25m south from LRD64 and indicates potential to extend the supergene zone further to the south over the sulphide stock work footwall. Results include:

27.8mat 0.5% Cu, 0.03% Sn, 2.5g/t Ag from 29.6m (chalcocite), including
- 9.2m at 0.8% Cu, 0.04% Sn, 3.7g/t Ag, includes
  - 3.05m at 1.0% Cu, 0.04% Sn, 4.9g/t Ag

Assay results are pending for an additional six completed drill holes at La Romana. Results are also pending for three additional drill holes completed at the La Jarosa target. An additional twenty drill holes are planned at La Romana largely designed to investigate extensions to the copper-tin mineralization. Regional exploration is continuing to help delineate additional targets for drilling, with ground geophysics (gravity and IP), soil geochemistry surveys and geological mapping in progress. Results are also pending for the recently completed heliborne electromagnetic and magnetic survey and metallurgical test work.

QA/QC

Core size was HQ (63mm) and all samples were ½ core. Nominal sample size was 1m core length and ranged from 0.4 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). Tin was analysed in selected intervals using Lithium borate fusion and ICP MS finish (method ME-MS81). 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 Person

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

About Pan Global Resources

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The Company is committed to operating safely and with respect to the communities and environment where we operate.

On behalf of the Board of Directors
www.panglobalresources.com

FOR FURTHER INFORMATION PLEASE CONTACT:
tmoody@panglobalresources.com
+44 7766 253145

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.

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Pan Global Resources TSXV:PGZ Copper Investing

PGZ:CA

Pan Global Resources

Overview

Pan Global Resources (TSXV:PGZ,OTC:PGNRF) is a junior resource company in pursuit of base and precious metals projects in Spain. The company’s flagship Escacena project is located in southern Spain’s Iberian Pyrite Belt, a world-class volcanogenic massive sulfide (VMS) district that hosts at least nine giant VMS ore deposits (>100 million tonnes) and several operating mines.

Pan Global’s land package in the Iberian Pyrite Belt totals approximately 5,760 hectares and lies directly adjacent to the Aznalcollar (>70 million tonnes) and Los Frailes (>90 million tonnes) deposits. The Escacena project is also located only 12 kilometers from the active Cobre Las Cruces mine (42 million tonnes at 2.95% copper) which has been mining grades of more than 5% copper in the open pit. Pan Global is currently focusing on two targets at Escacena, the La Romana massive sulfide copper deposit and the Cañada Honda gravity anomaly. Recent drill results at the La Romana target have returned high multi-metal (copper, tin, silver, zinc) grades from near surface with every hole hitting mineralization indicating the potential for a large size deposit. Escacena’s exceptional land position, great infrastructure and multiple large untested targets make it an exciting prospect for the company.

Pan Global Resources Project Location and Infrastructure Map – Southern Spain

Pan Global has been exploring the Aguilas project since 2017 which comprises more than 16,000 hectares in northern Andalucia, Spain. The Aguilas project contains several major faults and breccia structures with indications of hematite-dominant iron oxide copper-gold (IOCG) and polymetalic lead-zinc-silver mineralization.

Company Highlights

Pan Global’s exploration activities are focused in the mining friendly jurisdiction of Andalucia, Spain
Flagship Escacena project is located in Spain’s Iberian Pyrite Belt, a world-class VMS district host to at least 9 ore deposits and several operating mines
Iberian Pyrite Belt hosts several exploration and mining companies, such as Lundin, Grupo Mexico, First Quantum, Trafigura, Mubadala, Atalaya and juniors including Avrupra Minerals, Ascendant Resources and Emerita Resources
Escacena project includes the recent La Romana copper-tin-silver discovery and several other large untested targets
Escacena project is located adjacent to the Aznalcollar-Los Frailes mines and only 12 kilometers from the active Cobre Las Cruces mine, one of the highest grade open pit copper mines in the world
Aguilas project has returned high-grade drill intervals up to 16.85 % lead, 1.9 % zinc and 85 g/t silver
Pan Global’s strong management team has a track record of discoveries in Spain and brings decades of resource industry experience and expertise to the company

Key Projects

Pan Global Resources’ Escacena Project

In June 2017, Pan Global Resources acquired the Escacena project. The project hosts two large gravity anomalies, La Romana and Cañada Honda. Historical wide-spaced drilling at the La Romana gravity anomaly confirmed massive sulfide and stockwork mineralization including a best drill interval of 4.68 meters at 2.94 percent copper.

Exploration

Pan Global Resources began its initial exploration of the Escacena project in early 2019, including gravity, induced polarity (IP) and geochemical surveys. The results of this initial exploration work confirmed the La Romana and Cañada Honda gravity targets, allowing the company to move forward with drilling.

Pan Global Resources commenced drilling in July 2019, testing shallow IP targets previously identified at the La Romana and Cañada Honda targets. This included two drill holes at La Romana and one drill hole at Cañada Honda, totaling 547 meters. Channel sampling of the Cañada Honda mine tunnel at the Escacena project returned 26 meters at 0.43 g/t gold and up to 2.91 g/t gold and 0.39 percent copper.

In October 2019, Pan Global announced the results of its first two drill holes at Escacena testing the La Romana target, including discovery drill hole LRD-02 at La Romana with 20.55m at 1.5% copper equivalent. Both drill holes LRD-01 and LRD-02 intersected shallow volcanic-associated copper stockwork, semi-massive and massive sulphides.

Pan Global Resources Escacena Project Area Map (~5760 ha)

Pan Global continued its exploration of Escacena in 2020 including geochemistry and geophysics designed to identify new targets on the property. The second phase of drilling commenced in February and included the first step out drill holes at the La Romana copper target. The new drill holes intersected copper mineralization over wide intervals and showed the mineralization extends from near surface over several hundred meters of strike and shows copper in several layers open in most directions. Pan Global’s own geophysics results and historical geophysics by Exxon indicate a potential for the copper mineralization to continue more than 2 kilometres along strike.

Selected drilling highlights include:

LRD-02: 20.55m at 1.5 percent copper equivalent (1.02 percent copper, 0.11 percent tin, 4.7 g/t silver) from 37.45m, including 7m at 3.43 percent copper equivalent (2.50 percent copper, 0.23 percent tin, 10.1 g/t silver, 0.014 g/t gold, 0.11 percent zinc, 133 ppm cobalt) from 48m.

LRD-03: 21.3m at 1.03 percent copper equivalent (0.73 percent copper, 0.055 percent tin, 4.1 g/t silver) from 47.3m, including 6.6m at 2.05 percent copper equivalent (>1 percent copper) combined thickness.

LRD-05: 21m at 1.55 percent copper equivalent (1.19 percent copper, 0.069 percent tin, 5.8g/t silver) from 16m, including 11m at 2.60 percent copper equivalent (>1 percent copper or 0.5 percent tin) combined thickness.

Drill core at Escacena Project

In August 2020, Pan Global Resources commenced phase three follow-up drill program at La Romana. The 25-hole drill program is designed to test the multi-layer copper potential and significantly expand the mineralization in the area. The program is also expected to test two large down-hole EM conductor plate anomalies and help define vectors to areas of stronger mineralization.

Pan Global Resources extended its holdings at the Escacena project through the acquisition of the rights to the “Al Andalus” property investigation permit and completed the acquisition of the property in early 2020. Al Andalus is located adjacent to the company’s initial holdings at Escacena and includes potential eastern extensions to the company’s La Romana prospect and several large untested gravity anomalies. The property comes to within 600 meters of the edge of the Aznalcollar open pit and also includes both the historical mining areas of the El Pozo and La Zarcita, and the La Jarosa target where a historical drill hole by Exxon in the mid-1980’s returned 9.5 meters at 1.42 percent. Exploration will commence on the Al Andalus property as soon as permitted.

Pan Global Resources’ Aguilas Project

The Aguilas project comprises nine investigation permits covering a total of 16,300 hectares in northern Andalucia, Spain. The main targets on the property are major cross-cutting fault zones in the Pedroches Batholith, including the Torrubia and Zumanjo trends. The project hosts IOCG-style copper mineralization along the Torrubia copper trend, which was drilled by the company in 2019 and confirmed wide zones of breccia over several kilometers of strike length. Drill holes on the Zumajo trend targeted high grade polymetallic (lead, zinc, silver and lesser copper and gold) vein or breccia mineralization. Several shallow historical mine shafts and ancient workings occur along both trends.

Pan Global first began drilling on the Aguilas project in April 2019, and so-far completed 27 wide-spaced drill holes totaling 3,908 meters. This includes thirteen of the holes along 4.1 kilometers of the more than 20 kilometer long Zumajo lead-zinc-silver trend and 14 drill holes along three sections of the more than 10 kilometer long Torrubia trend.

On the Zumajo trend, high-grade polymetallic mineralization was intersected with an 8 to 20- meter-wide, steeply-dipping zone of multi-stage breccia and veins. High-grade intervals included hole VAC-02 with 14.85% lead, 0.11% zinc, 67.1g/t silver (16.91% lead equivalent or 634g/t silver equivalent) over 1.3 meters and hole VAC-06 with up to 16.85 % lead, 1.9 % zinc and 85 g/t silver (22.15 % lead equivalent or 815 g/t silver equivalent) over 0.6 meters. The drill results show potential for a significant zone of high-grade lead, zinc and silver mineralization near the San Luis and San Cayetano mine workings over several kilometers of strike and open at depth. Several other targets along the Zumajo trend require testing.

Drilling conducted at the Torrubia trend included 40 to 90-meter-wide intervals of intense multi-stage breccia and hematite-quartz-carbonate alteration over several kilometers of strike. The best grades at Torrubia included 2.65% copper, 125ppm cobalt and 3 g/t silver (2.76% copper equivalent) over 0.8m and 1.65% copper, 240ppm cobalt and 2.1 g/t silver (2.05% copper equivalent) over 0.7m in drill hole TOR-001; and 3m at 1.16g/t gold from 74m, including 0.8m at 3.48g/t gold and 1.5g/t silver in drill hole TN-06. The breccia includes fragments or casts with high contents of chalcopyrite and hematite indicating an early copper mineralizing stage and further potential both along-strike and at depth.

Management Team

Patrick Evans—Chairman and Director

For over 30 years, Mr. Evans has enjoyed an exemplary career as a mining executive holding multiple senior management positions in the industry. Of note are CEO of Dominion Diamond Mines and Norsemont Mining and Vice President of Placer Dome Inc. He has extensive M&A experience and has helped a number of public mining companies discover and develop base metals, precious metals, and diamond mining projects on four continents. Mr. Evans is a graduate of the University of Cape Town and served as Consul-General of South Africa to Canada.

Tim Moody—Director

Mr. Moody has over 30 years of experience in the mining industry including mineral exploration, resource assessment, business development and strategy. He spent 24 of those years with Rio Tinto, where he held the posts of Exploration Director, Vice President and Director of Business Development. Mr. Moody has a Bachelor of Science in Geology and Geophysics (Honours) from the University of New England. He is a graduate of the Senior Leadership Program from the London Business School, a graduate of the Business Leadership Development Program from the Australian Graduate School of Management and a Fellow of the Society of Economic Geologists.

Directorships: Pan Global Resources, Prism Resources, Indico Resources and Xiana Mining.

Brian Kerzner—Director

Mr. Kerzner has over 25 years of experience as a successful entrepreneur in the retail and real estate industries. He is the founder and President of Rocky Mountain Chocolate Factory Canada Inc. and he established several private companies that have completed extensive residential and commercial developments throughout North America. Mr. Kerzner has been broadly involved in providing seed capital for many successful public and private companies in the resource, environmental, and technology sectors. Mr. Kerzner is a graduate of the University of Toronto Bachelor of Commerce (Honours) program. He is a member of the British Columbia’s Children’s Hospital Circle of Care and is actively involved in many other charitable organizations.

Directorships: Pan Global Resources, Prism Resources Inc and Indico Resources.

Patrick Downey—Director

Mr. Downey brings over 25 years of international experience in the resource industry and he is currently President and CEO of Orezone. His past senior positions include President and CEO of Aura Minerals Inc. and Viceroy Exploration Ltd. before its acquisition by Yamana Gold Inc. in 2006 for $600 million. He also negotiated the successful merger of Consolidated Trillion Resources Ltd and Oliver Gold Corporation that became Canico Resource Corp, which was purchased by CVRD in 2006 for over $800 million. Mr. Downey holds a BSc (Honours) degree in Engineering from Queens University in Belfast, Ireland.

Directorships: Orezone and Pan Global Resources

Bob Parsons—Director

As a Chartered Professional Accountant and partner at PricewaterhouseCoopers, Mr. Parsons spent 34 years heading up the firm’s global mining practice. He has advised governments around the world on mineral policy matters and has served on the boards of the PDAC, Indonesian Mining Association, Canada Indonesia Chamber of Commerce, World Mines Ministries Forum, Canadian Minerals Industry Federation, Advisory Council of the Centre for Resource Studies at Queens University, and the Professional Advisory Board of the Government of Canada’s Petroleum Monitoring Agency. In 2005, the PDAC presented Mr. Parsons with their Distinguished Services Award, and in 2013 the Government of Canada awarded him the Queen Elizabeth II Diamond Jubilee Medal for his contribution to Canada’s mining industry. Mr. Parsons is a graduate of McGill University (B.Com).

Directorships: Pan Global Resources, Kennady Diamonds Inc, Indico Resources Ltd, Prism Resources Inc.

Juan Garcia Valledor - General Manager Spain

Juan Garcia Valledor brings over 27 years project development, open pit mining and operational experience from mine design to mine closure in Spain. This includes previous roles as operations manager at Rio Tinto's talc mining operations, re-opening of the Alquife iron ore open pit mine in Granada and, most recently, as operations manager at W Resources La Parrilla tungsten and tin mine going from development to production. Mr Garcia Valledor was awarded a degree in Mining Engineering (MEng) in 1991, Master's Degree (MBA) in Occupational Risk Prevention in 2005 and Diploma in Business Administration in 2007.

Michael Westcott - Advisor

Michael Westcott is a capital markets professional with wide-ranging experience in senior management, team leadership, institutional sales and mining equity research. Mr. Westcott retired from Raymond James Ltd. in 2021 as Head of Equities following a 25-year career with the firm. Mr. Westcott was awarded a Bachelor of Science, Geology degree in 1988 and a Master's Degree, Mineral Exploration (Minex) in 1991

Pan Global Announces Appointment of Andrew Marshall as Chief Financial Officer

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce effective August 16, 2022 the appointment of Andrew "Andy" Marshall as Chief Financial Officer ('CFO"), replacing Christina Cepeliauskas who will remain as a consultant with the Company in a transitional capacity for a period.

Mr. Marshall is a Chartered Accountant and Chartered Financial Analyst with more than 11 years of finance and CFO experience in the mining sector. He has an extensive background in financial and risk management; corporate reporting, ESG management; M&A transactions and working with international jurisdictions. Most recently, he served as Chief Financial Officer at First Mining Gold Corp. and assisted in building the company's gold project portfolio during its initial period of growth in 2015 when it acquired eight companies in just over one year. Prior to this, Andy held finance roles at two Vancouver based TSX/NYSE MKT-listed silver mining companies with operations in Mexico and Canada. Mr. Marshall started his career with PricewaterhouseCoopers LLP in London and moved to Vancouver in 2008.

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Pan Global Reports Additional Drilling Success at La Romana Target, Escacena Project, Spain

26.9m at 0.5% Cu, 0.13% Sn, including 1.6m at 1.6% Cu, 0.08% Sn and 1.3m at 1.0% Cu, 0.53% Sn in LRD120
10.1m at 0.8% Cu, 0.18% Sn, 3.1g/t Ag, including 0.3m at 17.3% Cu, 0.56% Sn, 59.3g/t Ag in LRD125
Follow-up drilling underway and plans include testing 6 new targets

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce new drill results at the Company's 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Reported results comprise eleven drill holes at the La Romana target and two drill holes on geophysics targets at La Romana North.

Tim Moody, Pan Global President and CEO states: "The latest results add to the down-dip extent of the main copper and tin zone with hole LRD120 intercepting approximately 27m thickness with grades of 0.5% Cu and 0.13% Sn within a 40m wide copper mineralized interval, and 10.1m at 0.8% Cu and 0.18% Sn in hole LRD125. The results include narrow intervals with some exceptionally high grades, including 17.3% Cu, 0.56% Sn and 59.3g/t Ag over 0.25m. The new drill results continue to show potential for the near surface high grade mineralization to continue west for several hundred meters in the direction of the historic La Romana mine workings. Drilling has also successfully defined the southern margin of the La Romana mineralization and shows supergene copper mineralization extending over the footwall to the main copper zone. Assay results are pending for an additional fourteen drill holes from La Romana."

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Pan Global Appoints Juan Garcia Valledor as General Manager to Advance Projects in Spain and Michael Westcott as Special Advisor to the Board

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce the appointment of Mr. Juan Garcia Valledor as General Manager Spain and Mr. Michael Westcott as an advisor to the board of directors of the Company.

Mr. Garcia Valledor brings over 27 years project development, open pit mining and operational experience from mine design to mine closure in Spain. This includes previous roles as operations manager at Rio Tinto's talc mining operations, re-opening of the Alquife iron ore open pit mine in Granada and, most recently, as operations manager at W Resources La Parrilla tungsten and tin mine going from development to production. Mr Garcia Valledor was awarded a degree in Mining Engineering (MEng) in 1991, Master's Degree (MBA) in Occupational Risk Prevention in 2005 and Diploma in Business Administration in 2007.

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Pan Global Adds Drill Rigs and Expands Exploration at Escacena Project Southern Spain

Three drill rigs for Escacena
New Heliborne EM and Magnetic results add new targets
Geochemistry and geophysics surveys defining multiple drill targets

Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce the mobilisation of two additional drill rigs to the Escacena Project ("Escacena"), which is located in the Iberian Pyrite Belt, in Andalucia, southern Spain. Initial results having been received for the recently completed heliborne electromagnetic (EM) plus magnetic survey, several crews are now operating an expanded program of ground geophysics and geochemistry surveys to further delineate additional drill targets.

Tim Moody, Pan Global President and CEO states: "There has been a rapid expansion of exploration at Escacena since the beginning of the year. The early results from the heliborne survey have delineated multiple new and previously untested targets corresponding with gravity anomalies. Results from the survey are continuing to flow in with the high probability that further targets will be identified. We are also excited to be preparing for exploration on several large gravity targets in the south of the project area. We look forward to reporting additional drill results in the coming weeks."

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Lundin Mining Provides Update on Ojos del Salado Operations in Chile

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") continues to investigate the cause of a sinkhole that was detected near the Alcaparrosa mine of its Minera Ojos del Salado operations in Chile on July 30 and is cooperating fully with Chilean regulatory authorities in relation to the incident.

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Hudbay Files Early Warning Report for American Copper Development Corporation

Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) today announced that, pursuant to the terms of an asset purchase agreement dated May 18, 2022 between, among others, American Copper Development Corporation (" American Copper ") and Hudbay's wholly owned subsidiary, Mason Resources (US) Inc. (" Mason "), American Copper issued 9,896,591 common shares (the " Consideration Shares ") to Mason as partial consideration for the acquisition of a 100% interest in Mason's Lordsburg property in New Mexico, United States. The Consideration Shares represent approximately 12.0% of American Copper's currently issued and outstanding shares.

Promptly following the closing of the transaction, Mason entered an agreement to transfer the Consideration Shares to Hudbay at fair market value. Prior to the transaction, Hudbay held no common shares of American Copper.

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Hole ID	Easting¹	Northing¹	Azimuth (º)	Dip (º)	Depth (m)
LRD097	735979	4153522	180	-70	307.7
LRD108	736571	4153295	180	-60	264.05
LRD111	736021	4152900	220	-55	259.8
LRD116	736785	4152587	180	-55	104.3
LRD117	736934	4152566	180	-55	114.9
LRD118	736939	4152618	360	-85	138.4
LRD119	736434	4152602	180	-55	85.95
LRD120	736312	4152755	180	-55	199.8
LRD121	736036	4152862	180	-55	223.3
LRD122	736036	4152863	220	-55	217.85
LRD124	736134	4152639	180	-55	125.2
LRD125	736134	4152764	180	-55	182.15
LRD126	736233	4152794	180	-55	248.2

Hole	Fr	To	Int	Cu	Sn	Ag	Co	Au	Pb	Zn
			m	%	ppm	g/t	ppm	g/t	ppm	ppm
LRD97	190.5	191.2	0.7	0.47	23	0.9	53	0.006	14	119
	201.8	202.5	0.7	0.8	20	1.7	37	0.012	9	160
	215.5	217.1	1.6	0.42	48	1	57	0.005	9	150
	227	227.3	0.3	1.55	118	2.6	127	0.006	26	336
	235.8	236.6	0.8	0.42	23	1.3	49	0.017	23	113

LRD108	No significant results

LRD111	63.15	63.55	0.4	0.38	28	14.4	85	0.065	2080	1575
	80.85	81.85	1	0.61	63	3	62	0.021	128	520
	157	158	1	0.32	27	0.5	67	0.002	7	83
	163	169	6	0.33	54	0.9	56	0.007	34	99
	203.65	204.1	0.45	1.22	510	2	69	0.017	11	100

LRD116	30.0	51.1	21.1	0.20	352	1.3	83	0.01	74	198
	30	36	6	0.21	303	1.4	68		136	177
	42	43	1	0.52	228	0.6	65	0.01	29	304
	46.6	51.05	4.45	0.37	494	2.8	132	0.02	113	247
incl.	46.6	47.8	1.2	0.6	1037	5.2	184	0.02	301	335
	53.4	54.65	1.25	0.38	189	2.8	126	0.03	161	212
	64.95	65.25	0.3	0.67	364	5	142	0.05	346	210
	73.8	75.1	1.3	0.64	296	16.7	170	0.11	3670	527

LRD117	34.65	48	13.35	0.33	42	1.1	30	0.01	86	543
incl.	37.35	39.3	1.95	0.91	65	2.1	71	0.03	307	673
incl.	38	38.2	0.2	2.14	59	9.1	339	0.22	426	239
incl.	41	45	4	0.34	42	0.8	24		35	667
	106.25	106.55	0.3	7.98	133	14.4	189	0.1	456	2150

LRD118	37.55	38.9	1.35	1.67	52	11.3	492	0.2	482	973
	52.7	53	0.3	16.9	319	78.6	881	0.17	765	4670
	69.2	69.5	0.3	2.62	68	9.2	195	0.03	144	941
	95.15	95.9	0.75	4.35	141	21	304	0.1	2620	3730
	112.5	112.7	0.2	2.21	116	30.8	199	0.07	11300	14400

LRD119	28	31	3	0.37	100	1	34		94	189
incl.	30	31	1	0.61	90	1.5	23	0.01	227	190
	51	52	1	0.37	1585	5.7	159	0.03	568	270

LRD120	77.5	77.7	0.2	0.85	619	11.1	140	0.07	3990	5410
	86.35	125.5	39.15	0.39	964	2.3	66	0.01	219	536
incl.	86.35	87.65	1.3	0.73	1345	6.5	104	0.02	445	1574
	98.6	125.5	26.9	0.49	1251	2.6	73	0.02	219	534
incl.	98.6	107.5	8.9	0.74	2082	3.6	78	0.04	125	380
incl.	98.6	98.85	0.25	1.48	18000	11.5	85	0.04	2360	3650
incl.	105.1	106.65	1.55	1.67	815	6.8	117	0.01	74	413
incl.	121	122	1	0.52	1885	2.5	105	0.02	285	1220
incl.	124.2	125.5	1.3	1.04	5260	8.7	93	0.04	1555	3350

LRD121	60.35	60.55	0.2	2.38	86	11.2	89	0.06	269	755
	136.4	153.6	17.2	0.32	55	0.9	53		106	232
incl.	153.1	153.6	0.5	4.9	377	15.6	235	0.04	2960	4480
	187.55	191.1	3.55	0.37	463	0.5	74	0.01	5	85
	217.95	218.2	0.25	1.09	7830	1.7	94	0.05	26	104

LRD122	38.2	46	7.8	0.21	53	3.2	20	0.02	396	282
	51.4	52.05	0.65	0.62	45	4	64	0.01	121	656
	120.95	121.1	0.15	1.79	96	5.8	87	0.01	23	119
	146.75	148	1.25	1.09	69	2.4	78	0.01	59	135
	208	210	2		6510	0.7	81	0.06	76	39

LRD124	20.5	21.5	1	0.23	43	0.3	45	0.01	72	117
	43	44.7	1.7	0.37	3154	0.9	58	0.03	8	46
	108.75	110	1.25	0.74	60	0.7	32		4	78

LRD125	73	74	1	0.61	3290	2.2	61	0.01	19	89
	91	94	3	0.48	93	2.1	53	0.01	34	95
	96	97	1	0.3	34	0.8	47	0.01	17	307
	101	103	2	0.3	152	0.9	57	0	10	72
	105	115.1	10.1	0.78	1846	3.1	99	0.01	14	139
incl.	114.85	115.1	0.25	17.3	5560	59.3	497	0.1	48	740

LRD126	109.2	109.75	0.55	0.63	557	4.2	56	0.03	57	445
	126.3	127.7	1.4	0.34	462	3.8	69	0.02	718	641
	129.7	130.75	1.05	0.34	2270	2.2	50	0.02	92	402
	134.9	136.1	1.2	0.32	1560	2.6	88	0.01	262	458
	138.6	141.55	2.95	0.42	1415	2.9	104	0.02	66	137
	142.85	143.7	0.85	0.4	1010	2.3	59		76	344
	245.45	245.65	0.2	0.52	2210	1.5	629	0.14	80	82

Overview

Company Highlights

Key Projects

Pan Global Resources’ Escacena Project

Exploration

Pan Global Resources’ Aguilas Project

Management Team

Patrick Evans—Chairman and Director

Tim Moody—Director

Brian Kerzner—Director

Patrick Downey—Director

Bob Parsons—Director

Juan Garcia Valledor - General Manager Spain

Michael Westcott - Advisor

What key factors drive the price of copper?

How has the copper price moved historically?

Why did the copper price hit a record high in 2022?

Where can investors look for copper opportunities?

Latest Press Releases

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