PAN GLOBAL RESOURCE INC - PGZFF STOCK NEWS

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) has announced promising results from its ongoing drill program at the La Romana copper-tin-silver discovery in southern Spain. Highlights include:

• Drillhole LRD181: 18.0m at 1.24% CuEq (1.14% Cu, 0.03% Sn, 2.6 g/t Ag) from 69m, including 5.0m at 3.51% CuEq
• Drillhole LRD183: 9.0m at 1.31% CuEq (1.27% Cu, 0.01% Sn, 2.7 g/t Ag) from 103m, including 2.0m at 5.12% CuEq

These results confirm the continuity and expansion of near-surface Cu-Sn-Ag mineralization to the west. The La Romana mineralization now spans 1.5km east-west, with significant potential for further expansion.

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) has announced expanded soil geochemistry and new gravity survey results for the Bravo target within its Escacena Project in southern Spain. The survey has doubled the size of the lead-zinc soil anomaly to 1.7km x 1.0km, coinciding with a strong 2.0km x 1.5km gravity anomaly. This suggests potential for concealed volcanogenic massive sulphide (VMS) mineralization similar to the nearby La Romana copper-tin-silver discovery.

The Bravo target is located 1.5km east of La Romana and 4.5km southwest of Grupo México's Aznalcóllar and Los Frailes deposits. The expanded survey included 1,188 soil samples analyzed using pXRF, with select samples assayed for multi-element geochemistry. Results show combined Pb+Zn values up to 1,252ppm and anomalous Ag values up to 5.2g/t. The company is now planning detailed modelling, additional geophysical surveys, and prioritizing drill locations for the maiden Bravo drill campaign.

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) has announced encouraging soil geochemistry results from its Bravo target within the 100%-owned Escacena Project in southern Spain. The survey revealed a continuous 1km+ east-west lead-zinc soil anomaly coinciding with a gravity anomaly, suggesting potential for concealed mineralization. The anomaly, ranging from 300ppm to 1,252ppm combined Pb+Zn, extends over 1km east-west and up to 700m north-south.

The Bravo target is a 2km x 1.2km gravity anomaly located 1.5km east of Pan Global's La Romana copper-tin-silver discovery. The company is expanding the soil geochemistry survey and conducting a detailed ground gravity survey, which could accelerate drilling plans for the Bravo target. These results support the possibility of massive sulphide mineralization beneath shallow cover sediments.

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) has initiated its maiden exploration program at the Bravo target within the 100%-owned Escacena Project in southern Spain. Bravo is a large, untested gravity anomaly located 1.5km east of Pan Global's La Romana copper-tin-silver discovery and 4.5km southwest of the Aznalcóllar VMS deposit. The exploration program includes a gravity survey, soil sample geochemistry, geological mapping, and IP surveys, expected to be completed within three months. These efforts will guide future drill testing of the Bravo target, which represents a high-priority exploration opportunity due to its size and strategic location.

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) has announced results from three additional drill holes at the Cañada Honda copper-gold discovery in southern Spain. The drilling has expanded mineralization, confirming copper-gold continuity down-dip to the north. Highlights include:

- CHD14: 6.5m at 1.22g/t Au and 14m at 0.46% Cu, 0.16g/t Au
- CHD16: 13m at 0.62g/t Au and 15m at 0.23% Cu, 0.51g/t Au

The results are part of an 11-hole step-out program, with eight holes completed. The mineralization now extends over 450m x 450m, associated with a 3km-long geophysical anomaly. Future drilling will target higher grades and westward expansion.

Pan Global Resources announced positive results from initial tests using X-Ray Transmission (XRT) sensor technology for sorting and pre-concentration of copper and tin at their La Romana project in Spain. The study, conducted at TOMRA’s Mining Test Centre, showed promising potential for improving ore processing efficiency by removing waste before processing. This could lower costs, enhance recovery of valuable materials, and reduce environmental impacts. The ore sorting technology, already in use at various mines, could improve the economic value of the La Romana project. Ongoing work aims to further refine the process and evaluate its economic benefits before an initial scoping study and Preliminary Economic Assessment (PEA).

Pan Global Resources has commenced exploration at its 100%-owned Carmenes Project in northern Spain, covering 56.5km². The project area includes the Providencia and Profunda mines, which have shown high grades of copper, nickel, cobalt, and gold. Notable assay results include 2.53% Cu, 1.28% Ni, 0.68% Co, 0.6g/t Au from Providencia, and 10.30% Cu, 0.18% Ni, 0.19% Co, 0.1g/t Au from Profunda. Systematic exploration efforts, including geochemical surveys and drilling, are underway to target extensions of existing mineralization. Additionally, Pan Global is advancing its Escacena Project with ongoing drilling at the La Romana target and preparing to access the Bravo target. An investor webcast is scheduled for July 9, 2024, to discuss these developments.

Pan Global Resources has announced the addition of a second drill rig to its Escacena Project in southern Spain, aiming to accelerate the 2024 drilling program. The project, located in the Iberian Pyrite Belt, is 100%-owned by Pan Global.

They plan to drill 30-40 holes (8,000-12,000 meters), focusing on the La Romana copper-tin-silver deposit and the recently discovered Cañada Honda copper-gold-silver mineralization. Approximately 70% of this drilling plan has already been completed.

Results are pending for three drill holes at Cañada Honda, and preparations are being made to access the Bravo gravity target. Positive metallurgy results for copper and tin were reported earlier this year, alongside confirmed expansions of mineralization at both La Romana and Cañada Honda.