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 .

Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm the mineralization extends over more than 1.35 kilometers of strike and remains open. These drill results include the highest grades intersected to-date in the current 25-hole drill program aimed at testing the western extension of the La Romana mineralization.

Highlights:
  • LRD171 : 15.9m at 1.15% CuEq 1 (1.04% Cu, 0.03% Sn, 2.4 g/t Ag) from 79m , including 9.9m at 1.70% CuEq 1 (1.57% Cu, 0.04% Sn, 3.6 g/t Ag);
  • LRD170 : 12m at 1.04 % CuEq 1 (0.80% Cu, 0.09% Sn, 2.1 g/t Ag) from 61m , including 7m at 1.47% CuEq 1 (1.16% Cu, 0.11% Sn, 2.9 g/t Ag);
  • LRD168 : 13m at   1.02% CuEq 1 (0.67 % Cu, 0.13% Sn, 1.6 g/t Ag) from 52m , including 7m   at 1.43% CuEq 1 (0.96% Cu, 0.17% Sn, 2.2 g/t Ag)
  • A down-hole electromagnetic (DHEM) conductor anomaly from LRD171 provides a strong indication the higher-grade mineralization continues down-dip and will be targeted for future drilling

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

"It is very encouraging that our ongoing drill program at La Romana confirms extensions to the high-grade copper-tin mineralization. The potential to expand the high-grade mineralization further along-strike to the west and down-dip is exciting. The east-west strike length of La Romana is now more than 1.35 kilometers and remains open, with step-out drilling ongoing," said Tim Moody , President and CEO of Pan Global.

"The combination of continuous near-surface copper-tin mineralization, simple and predictable geometry, and favourable metallurgy are significant advantages for potential open-pit development at La Romana," said Mr. Moody. "The C$6 million non-brokered private placement financing that closed earlier this week puts us in a strong position to fund a multi-target exploration program and maiden Resource for La Romana."

Figure 1 – Gravity anomaly map for the La Romana target showing drill hole locations with selected results, and cross-section locations A-A' (Figure 2) and B-B' (Figure 3). (CNW Group/Pan Global Resources Inc.)

The main La Romana copper mineralization occurs in two highly continuous layers, Zone B and Zone C, commencing from surface or directly below a thin cover of post-mineral sediments. The new results show the copper mineralization in Zone B is increasing in grade and thickness in the west. A deeper high-grade copper layer, Zone D, is also present in several recent drill holes, and represents an additional prospective target horizon.

Copper mineralization intersected in drill holes includes primary chalcopyrite, overprinted at shallow depths by secondary/supergene copper sulphide (chalcocite) and an overlying oxide zone with local native copper and copper oxides. Chalcocite is a high copper content mineral, indicating upgrading of the copper mineralization at the base of the oxide zone. This represents an additional target for higher grade copper. The tin mineralization is cassiterite, the preferred mineral for commercial extraction.

Additional results are pending for eight completed drill holes at La Romana and preparations are underway for follow-up drilling at the recent Cañada Honda copper-gold discovery approximately 4km to the north.

Figure 2 – Cross section 736865m East, A-A', showing assay results and copper grade shells for drill holes LRD170 and LRD171, with mineralization from surface and grade increasing and open down-dip. A DHEM conductor anomaly (approx. dimensions 290m x 90m) indicates potential continuation of the high-grade mineralization. (CNW Group/Pan Global Resources Inc.)

Figure 3 – Cross section 735965m East, B-B', showing selected assay results and copper grade shells for new drill holes LRD167 and LRD168, with near-surface mineralization and grade increasing and open down-dip. (CNW Group/Pan Global Resources Inc.)

Table 1 – La Romana new drill results summary

Hole ID

From

To

Interval

CuEq 1

Cu

Sn

Ag


Au

Pb

Zn

True
Thickness


m

m

m

%

%

%

g/t


g/t

ppm

ppm

(m)

LRD167

20.00

33.05

15.05

0.49

0.32

0.06

1.2


0.01

25

81

12.43

and

73.00

80.00

7.00

0.64

0.50

0.05

1.4


0.02

14

59

5.78

and

117.95

118.50

0.55

1.70

1.57

0.05

0.5


0.02

13

95

0.45

LRD168

43.00

57.55

14.55

0.93

0.61

0.12

1.4


0.02

15

109

14.27

including

43.00

56.00

13.00

1.02

0.67

0.13

1.6


0.02

17

108

12.75

including

47.00

56.00

7.00

1.43

0.96

0.17

2.2


0.03

29

138

6.87

LRD169

52.00

59.00

7.00

1.05

0.97

0.03

2.0


0.01

16

96

5.34

including

56.00

59.00

3.00

2.26

2.11

0.05

4.3


0.02

13

105

2.29

and

101.00

111.00

10.00

0.53

0.33

0.07

0.7


0.03

10

59

7.63

and

140.00

141.00

1.00

1.68

1.64

0.01

4.7


0.02

25

176

0.76

LRD170

61.00

73.00

12.00

1.04

0.80

0.09

2.1


0.01

5

77

11.82

including

66.00

73.00

7.00

1.47

1.16

0.11

2.9


0.02

5

89

6.90

including

69.00

71.40

2.40

3.20

2.64

0.20

6.2


0.04

8

137

2.36

and

93.00

100.00

7.00

0.44

0.36

0.03

0.7


0.02

7

49

6.90

and

148.00

150.00

2.00

1.21

1.18

0.01

2.0


0.01

76

93

1.97

LRD171

79.00

97.00

18.00

1.03

0.94

0.03

2.2


0.01

5

83

14.74

including

79.00

94.90

15.90

1.15

1.04

0.03

2.4


0.01

6

88

13.02

including

85.00

94.90

9.90

1.70

1.57

0.04

3.6


0.02

6

104

8.11

including

92.00

94.90

2.90

4.28

4.08

0.06

8.9


0.05

12

209

2.38

and

123.00

130.00

7.00

0.56

0.40

0.06

0.9


0.01

45

51

5.73

and

183.25

184.15

0.90

3.64

3.59

0.01

2.7


0.02

18

103

0.74

1   Copper Equivalent = CuEq. CuEq is calculated using Cu, Sn, and Ag grades. Metallurgical recoveries include 86% for Cu, 68% for Sn and 56% for Ag, based on preliminary studies performed by Wardell Armstrong International and MinePro. The CuEq calculation uses US$ 8,693/tonne Cu, US$ 29,069/tonne Sn and US$ 23.72/oz Ag, corresponding to the three-year monthly price averages to July 2023. The effective formula is [CuEq %] = [Cu %] + 2.6440 * [Sn %] + 0.0057 * [Ag ppm]

Table 2   – La Romana drill hole collar information (5 holes, total 792.10m )

Hole ID

Easting 2

Northing 2

Azimuth ( o )

Dip ( o )

Depth (m)

LRD167

735976

4152716

156

-50

122.15

LRD168

735954

4152761

180

-50

125.55

LRD169

735865

4152803

240

-60

191.65

LRD170

735866

4152806

180

-55

155.65

LRD171

735866

4152807

0

-90

197.1

2 Coordinate system: UTM29N ERTS89

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 2024. The Escacena Project hosts the La Romana copper-tin-silver discovery and a number of other prospective targets, including Cañada Honda, Romana North, Bravo, Barbacena, El Pozo, San Pablo, Zarcita, Hornitos, La Jarosa, and Romana Deep .

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 media release. Mr. Royall is not independent of the Company.

On behalf of the Board of Directors

www.panglobalresources.com

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 media 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 media release is based on information available to the Company as of the date of this media 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.)

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SOURCE Pan Global Resources Inc.

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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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/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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/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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TSXV: PGZ  |  OTCQX: PGZFF

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TSXV: PGZ | OTCQX: PGZFF

  • Romana West drilling extends La Romana mineralization 150m to the west
  • Copper-tin grades increasing to the west
  • Investor webcast with CEO Tim Moody to discuss results will be held on Wednesday, September 20, 2023 at 11 a.m. Eastern Time / 8 a.m. Pacific Time . Details at end of this release

Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce assay results for the first six holes drilled at the Romana West target, testing extensions to the La Romana copper-tin-silver discovery at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt in southern Spain .

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 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce the results of its 2025 Annual General and Special Meeting held on June 26 2025.

FPX Nickel logo (CNW Group/FPX Nickel Corp.)

Shareholders voted in favour of all items put forward by the Board of Directors and Management. Shareholders elected eight directors to the Company's Board, namely, Kim Baird , Peter M.D. Bradshaw , Anne Currie , James S. Gilbert , Peter J. Marshall , Andrew Osterloh , Robert B. Pease and Martin E. Turenne . The shareholders approved all other matters as proposed, including the appointment of DeVisser Gray LLP as the auditor of the Company and approval of the Company's 10% rolling share compensation plan.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

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Issue of Shares and Cleansing Notice

Further to the ASX announcement on 20 June 2025, Cygnus Metals Limited ("Cygnus" or the "Company") advises that it has issued a total of 211,627,907 fully paid ordinary shares ("Shares") at A$0.086 each under Tranche 1 of the Placement, raising a total of A$18,200,000 (before costs). The Shares were issued under the Company's existing capacity under ASX Listing Rules 7.1 (126,702,591) and 7.1A (84,925,316).

A further 1,162,790 Shares are intended to be issued under Tranche 2 of the Placement to Non-Executive Director Raymond Shorrocks, or his nominees, subject to receipt of shareholder approval at a general meeting to be held in August 2025.

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Finlay Minerals Ltd. reports on its Annual General & Special Meeting

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Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.)

The six nominees for the Board of Directors were elected at the Meeting and they are: John A. Barakso , Robert F. Brown , Alvin W. Jackson , Ilona Barakso Lindsay , David A. Schwartz , and Kristina Walcott .

Additionally, the reappointment of De Visser Gray LLP, Chartered Professional Accountants, as auditors for the Company and the Company's 10% Rolling Stock Option Plan were approved by shareholders.

Subsequent to the Meeting, the Board of Directors also re-appointed the following officers for a further year:

Robert F. Brown

Executive Chairman of the Board

Ilona B. Lindsay

President & Chief Executive Officer

Gord Steblin

Chief Financial Officer

David Schwartz

Corporate Secretary

Wade Barnes

Vice President, Exploration

Susan Flasha

Vice President, Corporate Development.

About finlay minerals ltd.

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five 100% owned properties in northern British Columbia : the PIL and ATTY properties in the Toodoggone (13,374 hectares ("ha")), the Silver Hope Cu-Ag Property (21,322 ha) and the SAY Cu-Ag & the JJB Cu Properties (41,655 ha) in the Bear Lake Corridor. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.

The PIL and ATTY Properties are fully and sole funded by Freeport-McMoRan through 6-year Earn-In Agreements; the JJB, SAY and Silver Hope 2025 exploration programs are fully funded by Finlay.

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com

On behalf of the Board of Directors,

Robert F. Brown , P. Eng.
President, Executive Chairman of the Board & Director

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, corporate plans. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.

SOURCE finlay minerals ltd.

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