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Pan Global Resources Inc. (PGNRF) is a mining company actively targeting copper-rich mineral deposits in the Iberian Pyrite Belt in southern Spain. The company's flagship project, Escacena, includes the La Romana copper-tin-silver discovery and several other prospective targets. Pan Global is committed to safe and environmentally responsible operations, with a focus on exploration, discovery, and mine development in a tier-one mining jurisdiction.

Rhea-AI Summary
Pan Global Resources Inc. (PGZ) reports positive results for nine new drillholes from the La Romana copper-tin-silver discovery, extending near-surface copper mineralization by over 50m west and identifying a new higher-grade sector. The company plans to resume drilling in 2024, aiming to delineate the western extension of the deposit.
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Pan Global Resources Inc. announced its qualification for trading on the OTCQB Venture Market in the U.S. under the symbol PGZFF. This upgrade from the OTC Pinks to OTCQB enhances the company's visibility and access to U.S. investors, which is crucial as it advances the Escacena Copper Project in southern Spain. The 2023 project involves over 50 drill holes and ongoing exploration at key targets, including La Romana and Zarcita. The listing supports the company’s growth strategy and allows lower-barrier access for investors. Current financial details can be accessed via www.otcmarkets.com.

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Pan Global Resources has announced a fully funded 20,000-meter drill program at its Escacena Project, located in southern Spain. The drilling aims to expand on the La Romana target, which has shown promising copper, tin, and silver mineralization. Ongoing operations include drilling at La Romana, Romana Deep, and Zarcita, with over 50 additional drill holes planned. Metallurgical studies are also in progress. The Company has approved annual incentive grants totaling over 2.165 million stock options and units to employees and directors. The Escacena Project is strategically located near significant producing mines, enhancing its prospectivity.

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Pan Global Resources Inc. (TSXV: PGZ, OTC: PGNRF) announced promising assay results from its 2022 drilling at the Escacena Project, southern Spain. The first four drill holes at the Zarcita target revealed a 75m thick copper-stockwork zone, with grades up to 2.8% Cu. Additional notable results included 16.5m at 1.1% Pb+Zn at La Jarosa and 15.5m at 1.0% Pb+Zn at Hornitos. The ongoing 20,000m drilling program, budgeted at CAD $8.5 million, targets several prospective areas, with results that underscore the project's potential for major VMS mineralization.

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FAQ

What is the market cap of pgnrf (pgnrf)?

The market cap of pgnrf (pgnrf) is approximately 63.7M.

What is Pan Global Resources Inc. (PGNRF) focused on?

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.

Where is the Escacena Project located?

The Escacena Project is situated in the Iberian Pyrite Belt in southern Spain, near operating mines at Las Cruces and Riotinto.

What are some of the prospective targets in the Escacena Project?

The Escacena Project includes the La Romana copper-tin-silver discovery, Cañada Honda, Romana North, Bravo, Barbacena, El Pozo, San Pablo, Zarcita, Hornitos, La Jarosa, and Romana Deep.

Who oversees the exploration activities at Pan Global Resources Inc.?

James Royall, Vice President Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, supervises the scientific and technical information for the company.

What are some of the key objectives of Pan Global Resources Inc.?

Pan Global Resources is committed to operating safely and with utmost respect for the environment and local communities while focusing on exploration, discovery, and mine operations in a tier-one mining jurisdiction.

What kind of mineralization occurs at the La Romana deposit?

The main La Romana copper mineralization consists of two highly continuous layers, Zone B and Zone C, with primary chalcopyrite and minor bornite along with tin mineralization in the form of cassiterite.

What sets the Escacena Project apart from other mining projects?

The Escacena Project offers a favourable permitting track record, excellent infrastructure, and support for copper as a Strategic Raw Material by the European Commission, making it a tier-one jurisdiction for mining investment.

What is the significance of the recent drill results at La Romana?

The recent drill results highlight a significant new zone of higher-grade copper at La Romana, demonstrating good continuity of mineralization over a significant strike length.

What makes Pan Global Resources Inc. a reliable mining company?

Pan Global Resources comprises proven talent in exploration, discovery, development, and mine operations, all dedicated to safe and environmentally responsible practices.

Where can I find more information about Pan Global Resources Inc. (PGNRF)?

For more details about Pan Global Resources Inc., visit their official website at www.panglobalresources.com.

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