Pan Global Eyes Testing 5 New Targets at Escacena in Southern Spain

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 20.Feb.2025) — Pan Global Resources Inc. said that at the high-priority Bravo target at it 100%-owned copper, tin, gold, silver Escacena project in southern Spain that the planned induced polarization (IP) survey has been completed following several weather interruptions.

The IP survey results are currently being integrated with the electromagnetic, gravity, and soil geochemistry data to finalize drillhole locations, Pan Global said on 20 Feb. 2025 in an official statement.

Drilling is expected to commence at the Bravo target within 2 weeks.

The 2025 plan includes up to 30 drillholes / 7,000m, aimed at delineating the western extent of the near-surface La Romana copper-tin-silver mineralization and testing at least 5 new targets at Escacena as well as 2 targets at the Cármenes project in northern Spain to help discover additional mineralization, Pan Global said.

The current drill program is on-track for completion by mid-year 2025. And, additional targets are also being advanced and prioritized for future drill testing.

“Pan Global has made good progress on the 2025 multi-target drill program at the Escacena project. This includes 3 step-out drillholes completed on the west extension of the La Romana near-surface mineralization for inclusion in the maiden mineral resource estimate. Drillholes have also been completed at 3 new targets, and 2 drill rigs are currently turning at the project,” Pan Global’s president and CEO Tim Moody said in the statement. “The first assay results from these drillholes are expected to start being received in approximately 3 weeks.”

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By Ian Silverman reporting from Houston. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.