VANCOUVER, BRITISH COLUMBIA (By Pan Global, 17.Sep.2026, Words: 218) — Pan Global Resources Inc. announced exceptional assay results from drillhole PVD16 at the Providencia target, part of the company’s 100%-owned Cármenes project in northern Spain.
These results mark the widest high-grade intercept to date in the ongoing Phase 3 drill campaign.
The results reveal a network of steeply-dipping, northerly-trending higher grade gold zones and associated copper, cobalt, nickel platinum and palladium mineralization. The mineralization is within a broader 500m x 200m carbonate breccia system.
Key highlights from drillhole PVD16:
• 83m averaging 1.74 g/t gold from 9m (downhole) including:
- 4.88 g/t Au, 0.04% Cu, 0.06% Ni, 0.08% Co, 3.0 g/t Ag, 0.27 g/t Pt and 0.19 g/t Pd over 9m
- 12.57 g/t Au over 2m
- 5.88 g/t Au over 2m
- 2.65 g/t Au over 12m with a bonanza grade of 32.2 g/t Au over 0.5 m
• High-grade gold mineralization extends to surface and remains open along strike and at depth
• Confirms continuation and expansion of gold mineralization beyond previous intercepts, including the 3.9 g/t gold over 15mrecently reported in drillhole PVD15
• Gold grades notably increase to the east and south of the historical Providencia mine, indicating potential to expand mineralization footprint southwards
• Provides further confirmation of potential for significant scale and a high-grade gold zone within, and peripheral to, a multiphase hydrothermal breccia system
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