Pan Global Resources Advances Exploration in Spain with Promising Results

The latest update is out from Pan Global Resources ( (TSE:PGZ) ).

Pan Global Resources has made significant progress in its Escacena and Cármenes projects in Spain. At the Escacena Project, near-surface mineralization at La Romana has been extended by 300 meters, indicating expansion potential, while the Bravo target exploration was completed, and additional geophysical anomalies were identified. Advanced metallurgical tests showed promising results, bolstering the project’s prospects. The Cármenes Project commenced exploration, highlighting potential for new discoveries. The company’s strategic financing efforts raised C$7.2 million, attracting major investors and supporting further exploration activities.

More about Pan Global Resources

Pan Global Resources Inc. is focused on copper-rich mineral deposits, targeting the growing supply-demand balance for copper driven by global electrification and energy transitions. The flagship Escacena Project is situated in the Iberian Pyrite Belt, a strategic mining location supported by the European Commission. The company emphasizes safe operations and environmental respect, aligning with the United Nations Global Compact principles.

YTD Price Performance: 3.57%

Average Trading Volume: 231,200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$44.06M

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