Iberian Pyrite Belt

PAN GLOBAL INTERSECTS 1.04% COPPER OVER 15.9 METERS AT WESTERN EXPANSION OF LA ROMANA COPPER-TIN-SILVER DISCOVERY

Retrieved on: 
Tuesday, November 7, 2023

Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm the mineralization extends over more than 1.35 kilometers of strike and remains open.

Key Points: 
  • Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm the mineralization extends over more than 1.35 kilometers of strike and remains open.
  • These drill results include the highest grades intersected to-date in the current 25-hole drill program aimed at testing the western extension of the La Romana mineralization.
  • "It is very encouraging that our ongoing drill program at La Romana confirms extensions to the high-grade copper-tin mineralization.
  • Chalcocite is a high copper content mineral, indicating upgrading of the copper mineralization at the base of the oxide zone.

PAN GLOBAL INTERSECTS 1.04% COPPER OVER 15.9 METERS AT WESTERN EXPANSION OF LA ROMANA COPPER-TIN-SILVER DISCOVERY

Retrieved on: 
Tuesday, November 7, 2023

VANCOUVER, BC, Nov. 7, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce the intersection of additional high-grade near-surface copper mineralization at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt in southern Spain.

Key Points: 
  • Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm the mineralization extends over more than 1.35 kilometers of strike and remains open.
  • These drill results include the highest grades intersected to-date in the current 25-hole drill program aimed at testing the western extension of the La Romana mineralization.
  • "It is very encouraging that our ongoing drill program at La Romana confirms extensions to the high-grade copper-tin mineralization.
  • Chalcocite is a high copper content mineral, indicating upgrading of the copper mineralization at the base of the oxide zone.

Denarius Metals Announces Conversion of 73% of Resources to the Indicated Category in Its Updated Mineral Resource Estimate for Its Lomero Project in Spain

Retrieved on: 
Monday, September 18, 2023

The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.

Key Points: 
  • The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.
  • The updated Mineral Resource for the Lomero Project with an effective date of July 31, 2023 is shown in Table 1 below.
  • The Mineral Resources have been reported based on Copper Equivalent ("CuEq") with the key assumptions included in the table.
  • Table 1: SRK CIM Compliant Mineral Resource Statement effective July 31, 2023 for the Lomero Project, Spain, reported based on Copper Equivalent CuEq (2)

PAN GLOBAL ONGOING DRILLING EXTENDS STRIKE OF LA ROMANA NEAR-SURFACE COPPER-TIN-SILVER MINERALIZATION TO 1.35 KILOMETERS

Retrieved on: 
Tuesday, September 19, 2023

Our drill program has been highly successful, confirming continuity of the copper-tin-silver mineralization 150 meters to the west of the La Romana discovery.

Key Points: 
  • Our drill program has been highly successful, confirming continuity of the copper-tin-silver mineralization 150 meters to the west of the La Romana discovery.
  • The overall strike length of La Romana is now 1.35 kilometers and is still open, with step-out drilling continuing farther to the west.
  • Results to date show the potential for grades to increase to the west," said Tim Moody, President and CEO of Pan Global.
  • The ongoing drill program aims to test the near-surface La Romana mineralization a further 350m along strike to the west.

PAN GLOBAL ONGOING DRILLING EXTENDS STRIKE OF LA ROMANA NEAR-SURFACE COPPER-TIN-SILVER MINERALIZATION TO 1.35 KILOMETERS

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce assay results for the first six holes drilled at the Romana West target, testing extensions to the La Romana copper-tin-silver discovery at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt in southern Spain.

Key Points: 
  • Our drill program has been highly successful, confirming continuity of the copper-tin-silver mineralization 150 meters to the west of the La Romana discovery.
  • The overall strike length of La Romana is now 1.35 kilometers and is still open, with step-out drilling continuing farther to the west.
  • Results to date show the potential for grades to increase to the west," said Tim Moody, President and CEO of Pan Global.
  • The ongoing drill program aims to test the near-surface La Romana mineralization a further 350m along strike to the west.

PAN GLOBAL REPORTS DRILL RESULTS FOR CAÑADA HONDA AND ZARCITA TARGETS AT THE ESCACENA PROJECT, SPAIN

Retrieved on: 
Friday, September 8, 2023

VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.

Key Points: 
  • VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
  • Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.
  • Drill hole assay results for Cañada Honda are summarized in Table 1 and collar details are presented in Table 2 below.
  • Table 1 – Cañada Honda drill results summary (all intervals close to true thickness); Results in italics for CHD05 were first reported on July 4, 2023.

PAN GLOBAL REPORTS DRILL RESULTS FOR CAÑADA HONDA AND ZARCITA TARGETS AT THE ESCACENA PROJECT, SPAIN

Retrieved on: 
Friday, September 8, 2023

VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Both targets are located 4km north of the La Romana copper-tin-silver discovery where ongoing drilling is extending mineralization at Romana West. Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.

Key Points: 
  • VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
  • Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.
  • Drill hole assay results for Cañada Honda are summarized in Table 1 and collar details are presented in Table 2 below.
  • Table 1 – Cañada Honda drill results summary (all intervals close to true thickness); Results in italics for CHD05 were first reported on July 4, 2023.

Denarius Metals Announces Results from Its Phase 3 Validation Drilling and Metallurgical Testing at Its Polymetallic Lomero Project in Spain, Including 13.90 Meters Grading 1.19% Copper, 0.75% Lead, 2.46% Zinc, 31 G/T Silver and 4.52 G/T Gold

Retrieved on: 
Wednesday, August 16, 2023

The Phase 3 surface validation drilling program commenced in April and was completed in July.

Key Points: 
  • The Phase 3 surface validation drilling program commenced in April and was completed in July.
  • To date, Denarius Metals has completed approximately 47,200 meters of drilling in 149 drill holes, including twinning of historical drill holes.
  • Phase 3 drilling was designed to complete the verification of selected high-grade underground holes drilled in the 1980s by Indumetal/Billiton.
  • The testwork also produced a low-grade pyrite concentrate that recovered on average an additional 45% gold and 38% silver.

ASCENDANT RESOURCES EARNS 80% INTEREST IN THE LAGOA SALGADA PROJECT IN PORTUGAL AND FILES FEASIBILITY STUDY

Retrieved on: 
Tuesday, August 1, 2023

As a result, Ascendant now holds an 80% interest in the Lagoa Salgada Project through Redcorp Empreedimentos Mineiros Lda ("Redcorp").

Key Points: 
  • As a result, Ascendant now holds an 80% interest in the Lagoa Salgada Project through Redcorp Empreedimentos Mineiros Lda ("Redcorp").
  • The CIM Code is an internationally recognized reporting code as defined by the Committee for Mineral Reserves International Reporting Standards.
  • If EDM elects to exercise its option, the MF&I interest will be reduced to 5% and MF&I will have the right to put this interest to Ascendant.
  • Mark Brennan, Executive Chairman of Ascendant stated, "The completion of this initial feasibility study and solidifying our 80% interest in the Laga Salgada project, marks a significant milestone for the Company.

PAN GLOBAL DRILLS 1.3% COPPER AND 0.5 G/T GOLD OVER 5.1M WITHIN 20M AT 0.5% COPPER AND 0.3 G/T GOLD AT CAÑADA HONDA IN THE ESCACENA PROJECT, SOUTHERN SPAIN

Retrieved on: 
Tuesday, July 4, 2023

Hole CHD05 reported today was a large step-out along a two-kilometer-long gravity anomaly and intercepted a wide zone of copper-gold mineralization 150m down-dip.

Key Points: 
  • Hole CHD05 reported today was a large step-out along a two-kilometer-long gravity anomaly and intercepted a wide zone of copper-gold mineralization 150m down-dip.
  • It is particularly encouraging to see an increase in thickness of the copper-gold mineralization down-dip coincident with a gravity target.
  • This indicates good potential for additional mineralization associated with the gravity anomaly," said Tim Moody, Pan Global's President and CEO.
  • The Cañada Honda target is approximately 3.5km north of Pan Global's La Romana copper-tin-silver discovery at the Escacena Project.