PAN GLOBAL ACCELERATES 2025 EXPLORATION PROGRAMS TO TEST MULTIPLE COPPER-GOLD-TIN TARGETS IN SPAIN
Pan Global Resources has announced its 2025 exploration programs for its 100%-owned Escacena and Cármenes Projects in Spain. The company has initiated an extensive drilling campaign utilizing three drill rigs to test multiple copper-gold-tin targets. At the flagship Escacena Project, five new targets will be tested near the La Romana and Cañada Honda discoveries.
The campaign includes wide step-out drilling at the La Romana copper-tin-silver deposit, where mineralization remains open with grades increasing westward. A maiden NI 43-101 Mineral Resource Estimate is planned for mid-2025. The company is also mobilizing a second drill rig for the Bravo target, located 1km east of La Romana, and a third rig will test the copper-nickel-cobalt-gold Cármenes Project starting in January.
The exploration plan encompasses more than 22 drillholes (~6,830 meters) on new targets, alongside expansion drilling at La Romana. The company aims to discover multiple deposits totaling 100 million tonnes of resource, noting that all operating copper mines in the Iberian Pyrite Belt comprise multiple deposits exceeding 100 million tonnes.
Pan Global Resources ha annunciato i suoi programmi di esplorazione per il 2025 per i progetti Escacena e Cármenes, di cui detiene il 100% in Spagna. L'azienda ha avviato una campagna di perforazione estesa utilizzando tre attrezzature per testare molteplici obiettivi di rame-oro-stagno. Nel principale Progetto Escacena, verranno testati cinque nuovi obiettivi vicino alle scoperte di La Romana e Cañada Honda.
La campagna include perforazioni a largo raggio nel deposito di rame-stagno-argento di La Romana, dove la mineralizzazione rimane aperta con gradi in aumento verso ovest. È prevista una prima stima delle risorse minerarie NI 43-101 per metà del 2025. L'azienda sta anche mobilitando una seconda attrezzatura per il target Bravo, situato a 1 km a est di La Romana, e una terza attrezzatura testerà il progetto Cármenes di rame-nichel-cobalto-oro a partire da gennaio.
Il piano di esplorazione comprende oltre 22 fori di perforazione (~6.830 metri) su nuovi obiettivi, insieme a perforazioni di espansione a La Romana. L'azienda mira a scoprire molteplici depositi per un totale di 100 milioni di tonnellate di risorse, notando che tutte le miniere di rame in funzione nella Cintura di Pirite Iberica comprendono più depositi che superano i 100 milioni di tonnellate.
Pan Global Resources ha anunciado sus programas de exploración para 2025 para sus proyectos Escacena y Cármenes, de los cuales posee el 100% en España. La empresa ha iniciado una extensa campaña de perforación utilizando tres plataformas para probar múltiples objetivos de cobre-oro-estaño. En el principal Proyecto Escacena, se probarán cinco nuevos objetivos cerca de los descubrimientos de La Romana y Cañada Honda.
La campaña incluye perforaciones de gran alcance en el depósito de cobre-estaño-plata de La Romana, donde la mineralización permanece abierta con grados en aumento hacia el oeste. Se planea una estimación de recursos minerales NI 43-101 para mediados de 2025. La empresa también está movilizando una segunda plataforma para el objetivo Bravo, situado a 1 km al este de La Romana, y una tercera plataforma comenzará a probar el Proyecto Cármenes de cobre-níquel-cobalto-oro a partir de enero.
El plan de exploración abarca más de 22 pozos de perforación (~6.830 metros) en nuevos objetivos, junto con la perforación de expansión en La Romana. La empresa busca descubrir múltiples depósitos que sumen 100 millones de toneladas de recursos, señalando que todas las minas de cobre en operación en el Cinturón de Pirita Ibérico comprenden múltiples depósitos que superan los 100 millones de toneladas.
팬 글로벌 리소스는 스페인에서 100% 소유한 에스카세나와 카르메네스 프로젝트에 대한 2025년 탐사 프로그램을 발표했습니다. 이 회사는 세 개의 드릴 장비를 이용하여 다수의 구리-금-주석 목표를 테스트하기 위해 광범위한 드릴 캠페인을 시작했습니다. 주력 에스카세나 프로젝트에서 라 로마나와 카냐다 혼다 발견지 근처의 다섯 개의 새로운 목표를 시험할 예정입니다.
이 캠페인에는 라 로마나 구리-주석-은 광상에서의 폭넓은 스텝 아웃 드릴링이 포함되며, 여기서 광물화는 계속 개방 상태로 남아 있으며 서쪽으로 갈수록 성분이 증가하고 있습니다. 2025년 중반에 NI 43-101 광물 자원 추정치가 계획되어 있습니다. 이 회사는 또한 라 로마나에서 동쪽으로 1km 떨어진 브라보 목표를 테스트하기 위해 두 번째 드릴 기계를 이동하고 있으며, 세 번째 기계는 1월부터 구리-니켈-코발트-금 카르메네스 프로젝트를 테스트할 것입니다.
탐사 계획은 새로운 목표에 대해 22개 이상의 드릴 홀(~6,830미터)을 포함하며, 라 로마나에서의 확장 드릴링과 함께 진행됩니다. 이 회사는 총 1억 톤의 자원을 포함하는 여러 광맥을 발견하는 것을 목표로 하며, 이베리아 황철광대의 모든 운영 중인 구리 광산은 1억 톤을 초과하는 여러 광맥으로 구성되어 있다고 언급했습니다.
Pan Global Resources a annoncé ses programmes d'exploration pour 2025 pour ses projets Escacena et Cármenes, dont elle détient 100 % en Espagne. L'entreprise a lancé une vaste campagne de forage en utilisant trois foreuses pour tester plusieurs cibles en cuivre-or-étain. Dans le principal projet Escacena, cinq nouvelles cibles seront testées près des découvertes de La Romana et Cañada Honda.
La campagne comprend un forage à grande échelle au dépôt de cuivre-étain-argent de La Romana, où la minéralisation reste ouverte avec des teneurs augmentant vers l'ouest. Une première estimation des ressources minérales selon la norme NI 43-101 est prévue pour le milieu de 2025. L'entreprise mobilise également une deuxième foreuse pour la cible Bravo, située à 1 km à l'est de La Romana, et une troisième foreuse commencera à tester le projet Cármenes en cuivre-nickel-cobalt-or à partir de janvier.
Le plan d'exploration comprend plus de 22 forages (~6 830 mètres) sur de nouveaux objectifs, ainsi que des forages d'expansion à La Romana. L'entreprise vise à découvrir plusieurs dépôts totalisant 100 millions de tonnes de ressources, notant que toutes les mines de cuivre en activité dans la ceinture de pyrite ibérique comprennent plusieurs dépôts dépassant les 100 millions de tonnes.
Pan Global Resources hat seine Erkundungsprogramme für 2025 für die zu 100 % eigenen Projekte Escacena und Cármenes in Spanien angekündigt. Das Unternehmen hat eine umfangreiche Bohrkampagne mit drei Bohranlagen gestartet, um mehrere Kupfer-Gold-Zinn-Ziele zu testen. Im führenden Projekt Escacena werden fünf neue Ziele in der Nähe der Entdeckungen von La Romana und Cañada Honda getestet.
Die Kampagne umfasst weitreichende Explorationsbohrungen im Kupfer-Zinn-Silber-Lagerstätte La Romana, wo die Mineralisierung offen bleibt und die Gehalte nach Westen in den Zunahme verharren. Eine erstmalige Mineralressourcenschätzung nach NI 43-101 ist für Mitte 2025 geplant. Das Unternehmen mobilisiert auch eine zweite Bohranlage für das Bravo-Ziel, das 1 km östlich von La Romana liegt, und eine dritte Bohranlage wird ab Januar das Kupfer-Nickel-Kobalt-Gold-Projekt Cármenes testen.
Der Erkundungsplan umfasst mehr als 22 Bohrlöcher (~6.830 Meter) zu neuen Zielen sowie Erweiterungsbohrungen in La Romana. Das Unternehmen hat zum Ziel, mehrere Lagerstätten mit insgesamt 100 Millionen Tonnen Ressourcen zu entdecken und weist darauf hin, dass alle betriebenen Kupferminen im Iberischen Pyritgürtel aus mehreren Lagerstätten bestehen, die jeweils über 100 Millionen Tonnen überschreiten.
- Expansion of drilling program with three active rigs
- Wide step-out drilling showing increasing grades to the west at La Romana deposit
- Planned maiden NI 43-101 Resource Estimate by mid-2025
- Company is fully funded for 2025 exploration programs
- None.
TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU
- Escacena Project drill program to test five compelling new targets near the La Romana and Cañada Honda copper-gold-tin discoveries – more than in any previous year
- Drilling currently underway at La Romana copper-tin-silver deposit in preparation for maiden NI 43-101 Mineral Resource Estimate by mid-2025, including several wide step-out drillholes
- Second drill rig being mobilized for maiden drill program at the highly prospective Bravo target 1km east of La Romana
- Third drill rig scheduled to test the copper-nickel-cobalt-gold Cármenes Project in northern
Spain in January - Robust treasury to fund 2025 programs
Extensive field exploration over the past year identified multiple drill targets at both the flagship Escacena Project in Andalucia and the highly prospective Cármenes Project north of León in northern
"Of the more than 15 geophysical and geochemical anomalies at the target-rich Escacena Project, Pan Global's technical team has prioritized five compelling targets with coincident multi-indicators of mineralization for immediate drilling. In addition, the maiden drill programs at the Providencia and Profunda targets at Cármenes will commence this month. With the types of ore deposits being targeted typically occurring in clusters, the new discovery potential at both Escacena and Cármenes is high," said Pan Global President and CEO Tim Moody.
"At the La Romana copper-tin-silver deposit, wide step-out drilling is currently underway to test the extension of this mineralization beyond the 1.5km surface strike in preparation for a maiden resource. Drilling in 2024 showed the copper-tin-silver mineralization at La Romana is wide open, with grade increasing to the west and potential to significantly expand the deposit in several directions," said Mr. Moody.
The large high-priority Bravo target (approximately 1km east and along-trend from La Romana) has advanced to drill-ready stage and the maiden drill program will commence this month with drill positions currently being selected.
"All of the operating copper mines on the Iberian Pyrite Belt are comprised of multiple deposits, and several exceed more than 100 million tonnes in size. We are confident that with more than a dozen geophysical and geochemical anomalies at the Escacena Project remaining to be tested, the goal of discovering multiple deposits totalling 100 million tonnes of resource can be achieved," said Mr. Moody.
2025 Exploration Plan:
- Three drill rigs will be active at the Escacena and Cármenes Projects, with more than 22 drillholes (~6,830 meters) planned on new targets in addition to expansion drilling at the La Romana discovery
- At the Escacena Project, two drill rigs will focus on five untested targets - Bravo, Barbacena, Encina, Cortijo and El Pozo (see Figure 1 below)
- A third drill rig will test the Providencia and Profunda targets in the Cármenes Project and a Heliborne Transient Electromagnetic survey will commence in January to identify additional targets beyond Providencia and Profunda
- Maiden La Romana NI 43-101 Mineral Resource Estimate by mid-2025
- Field exploration at Escacena will continue to asses the potential drill targets on additional anomalies
About the Escacena Project
The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled
About the Cármenes Project
The Cármenes Project is located approx. 55km north of León in northern
About Pan Global Resources
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
Qualified Persons
Álvaro Merino, Vice President Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, has approved the scientific and technical information for this media release. Mr. Merino is not independent of the Company.
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/pan-global-accelerates-2025-exploration-programs-to-test-multiple-copper-gold-tin-targets-in-spain-302350124.html
SOURCE Pan Global Resources Inc.
FAQ
What are Pan Global's (PGZFF) main exploration targets for 2025 in Spain?
When will PGZFF release its maiden resource estimate for the La Romana deposit?
How many meters of drilling does PGZFF plan for its new targets in 2025?
What is the current status of PGZFF's La Romana copper-tin-silver deposit?
