PAN GLOBAL COMMENCES DRILLING AT BRAVO TARGET IN THE ESCACENA COPPER-TIN PROJECT, SPAIN
Pan Global Resources has initiated drilling at the Bravo target within its 100%-owned Escacena Project in southern Spain. The target is located 1km east of the Company's La Romana copper-tin-silver discovery and 3.5km southwest of Grupo México's Aznalcóllar-Los Frailes mining project.
The drilling program includes up to eight wide-spaced drillholes to test for VMS mineralization, forming part of a larger 7,000m multi-target drill program. A recently completed 18.2-line-km IP geophysics survey revealed chargeability and resistivity anomalies coincident with the Bravo gravity anomaly (2km x 1.5km). The company has integrated IP survey results with gravity, soil geochemistry, and helicopter electromagnetics survey data to prioritize drill targets.
The program will also investigate a strong IP-chargeability anomaly 500m south of the main Bravo gravity anomaly. The first phase of drilling is scheduled for completion by mid-year, with results to be released as they become available.
Pan Global Resources ha avviato le perforazioni presso il target Bravo all'interno del suo progetto Escacena, di cui possiede il 100%, nel sud della Spagna. Il target si trova a 1 km a est della scoperta di rame-stagno-argento La Romana della compagnia e a 3,5 km a sud-ovest del progetto minerario Aznalcóllar-Los Frailes di Grupo México.
Il programma di perforazione prevede fino a otto fori di perforazione ampiamente distanziati per testare la mineralizzazione VMS, facendo parte di un programma di perforazione multi-target più ampio di 7.000 m. Un recente sondaggio geofisico IP di 18,2 km di linea ha rivelato anomalie di carica e resistività coincidenti con l'anomalia di gravità Bravo (2 km x 1,5 km). La compagnia ha integrato i risultati del sondaggio IP con dati di gravità, geochimica del suolo e dati di sondaggi elettromagnetici in elicottero per dare priorità ai target di perforazione.
Il programma indagherà anche una forte anomalia di carica IP a 500 m a sud dell'anomalia di gravità principale Bravo. La prima fase di perforazione è prevista per essere completata entro la metà dell'anno, con risultati che saranno pubblicati man mano che diventano disponibili.
Pan Global Resources ha iniciado la perforación en el objetivo Bravo dentro de su proyecto Escacena, de propiedad 100%, en el sur de España. El objetivo se encuentra a 1 km al este del descubrimiento de cobre-estaño-plata La Romana de la compañía y a 3.5 km al suroeste del proyecto minero Aznalcóllar-Los Frailes de Grupo México.
El programa de perforación incluye hasta ocho perforaciones espaciadas ampliamente para probar la mineralización VMS, formando parte de un programa de perforación multiobjetivo más grande de 7,000 m. Una reciente encuesta geofísica IP de 18.2 km de línea reveló anomalías de carga y resistividad coincidentes con la anomalía de gravedad Bravo (2 km x 1.5 km). La compañía ha integrado los resultados de la encuesta IP con datos de gravedad, geoquímica del suelo y datos de encuestas electromagnéticas aéreas para priorizar los objetivos de perforación.
El programa también investigará una fuerte anomalía de carga IP a 500 m al sur de la anomalía de gravedad principal Bravo. La primera fase de perforación está programada para completarse a mediados de año, con resultados que se publicarán a medida que estén disponibles.
팬 글로벌 리소스는 스페인 남부의 100% 소유인 에스카세나 프로젝트 내에서 브라보 타겟에 대한 시추를 시작했습니다. 이 타겟은 회사의 라 로마나 구리-주석-은 발견지에서 동쪽으로 1km, 그룹 멕시코의 아스날콜라르-로스 프라이레스 광산 프로젝트에서 남서쪽으로 3.5km 떨어진 곳에 위치하고 있습니다.
시추 프로그램에는 VMS 광물화를 테스트하기 위해 최대 8개의 넓게 간격을 둔 시추공이 포함되어 있으며, 이는 7,000m의 다중 타겟 시추 프로그램의 일부입니다. 최근 완료된 18.2km 라인의 IP 지구물리학 조사에서는 브라보 중력 이상(2km x 1.5km)과 일치하는 전하량 및 저항성 이상이 나타났습니다. 회사는 IP 조사 결과를 중력, 토양 지화학 및 헬리콥터 전자기 조사 데이터와 통합하여 시추 타겟의 우선순위를 정했습니다.
프로그램은 또한 주요 브라보 중력 이상에서 남쪽으로 500m 떨어진 곳에 있는 강한 IP 전하량 이상을 조사할 예정입니다. 시추의 첫 번째 단계는 연중반까지 완료될 예정이며, 결과는 가용해지는 대로 발표될 것입니다.
Pan Global Resources a lancé des forages sur le cible Bravo dans son projet Escacena, dont il détient 100 %, dans le sud de l'Espagne. La cible est située à 1 km à l'est de la découverte de cuivre-étain-argent La Romana de la société et à 3,5 km au sud-ouest du projet minier Aznalcóllar-Los Frailes de Grupo México.
Le programme de forage comprend jusqu'à huit forages largement espacés pour tester la minéralisation VMS, faisant partie d'un programme de forage multi-cibles plus vaste de 7 000 m. Une enquête géophysique IP récemment réalisée sur 18,2 km de ligne a révélé des anomalies de charge et de résistance coïncidant avec l'anomalie de gravité Bravo (2 km x 1,5 km). La société a intégré les résultats de l'enquête IP avec des données de gravité, de géochimie des sols et des données d'enquête électromagnétique par hélicoptère pour prioriser les cibles de forage.
Le programme examinera également une forte anomalie de charge IP à 500 m au sud de l'anomalie de gravité principale Bravo. La première phase de forage devrait être achevée d'ici le milieu de l'année, les résultats étant publiés au fur et à mesure de leur disponibilité.
Pan Global Resources hat mit der Bohrung am Bravo-Ziel innerhalb seines zu 100% im Besitz befindlichen Escacena-Projekts im Süden Spaniens begonnen. Das Ziel befindet sich 1 km östlich der Kupfer-Zinn-Silber-Entdeckung La Romana des Unternehmens und 3,5 km südwestlich des Bergbauprojekts Aznalcóllar-Los Frailes von Grupo México.
Das Bohrprogramm umfasst bis zu acht weit auseinander liegende Bohrlöcher, um nach VMS-Mineralisierung zu suchen, und ist Teil eines größeren 7.000 m umfassenden Multi-Target-Bohrprogramms. Eine kürzlich durchgeführte geophysikalische IP-Umfrage über 18,2 km enthüllte Anomalien in der Ladbarkeit und Widerstandsfähigkeit, die mit der Bravo-Schwereanomalie (2 km x 1,5 km) übereinstimmen. Das Unternehmen hat die Ergebnisse der IP-Umfrage mit Schwere-, Boden- und chemischen Daten sowie Daten aus Hubschrauber-Elektromagnetik-Umfragen integriert, um die Bohrziele zu priorisieren.
Das Programm wird auch eine starke IP-Ladungsanomalie 500 m südlich der Hauptschwereanomalie Bravo untersuchen. Die erste Phase der Bohrungen soll bis zur Jahresmitte abgeschlossen sein, wobei die Ergebnisse veröffentlicht werden, sobald sie verfügbar sind.
- Strategic location near existing La Romana discovery and Grupo México's mining project
- Large-scale gravity anomaly (2km x 1.5km) identified
- Multiple confirming geophysical indicators suggesting mineralization potential
- 100% ownership of the Escacena Project
- Results from drilling program not yet available
- Additional capital may be needed if program expands beyond planned 7,000m
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- First test of large (2km x 1.5km) gravity anomaly, 1km east of La Romana copper-tin-silver discovery
- New IP survey identifies chargeability and resistivity anomalies coincident with the Bravo target
- Eight Bravo drillholes planned to test for VMS mineralization
- Bravo is one of several high priority targets included in current multi-target 7,000m Escacena drill program
"The geophysics at Bravo shows many of the signatures associated with the Company's nearby La Romana copper-tin-silver discovery, enhancing the potential for mineralization. Based on its size and location, Bravo is a high-priority target amongst several previously untested targets in this highly prospective area for significant volcanogenic massive sulphide ("VMS") associated mineralization. After several months of diligent fieldwork, we are excited that drilling has now commenced," said Tim Moody, Pan Global's President and CEO.
The recently completed 18.2-line-km IP geophysics survey identified chargeability and resistivity anomalies coincident with the Bravo gravity anomaly. These results indicate potential extensions or repetitions of the geology trend hosting the La Romana mineralization 1km to the west of Bravo. The IP survey results have been integrated with modelling of the Company's detailed gravity, soil geochemistry, and helicopter electromagnetics survey data to prioritize drill targets.
The first phase of drilling at Bravo will include up to eight wide-spaced drillholes to test for VMS mineralization associated with geophysics and geochemistry anomalies. The drilling will also test a very strong IP-chargeability anomaly 500m south of the main Bravo gravity anomaly on the interpreted continuation of the La Romana mineralization trend. Results from the first phase drill program will be released as they become available. Subject to results, the current planned 7,000m multi-target drill program at the Escacena Project may be expanded.
About the Escacena Project
The Escacena Project comprises a large, contiguous, 5,760-hectare land package controlled
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.
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SOURCE Pan Global Resources Inc.
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