Gold is Precious, Yes. But Copper is The Most Strategic Pan Global IS Quality
Copper is critical to the electrification of the world in the coming decades because of its superior conductive capabilities.
Copper will be a driver of profitability for the majors.
There will be a fight for the Pan Global assets, just watch.
Majors are looking to buy copper assets and the astute ones will most certainly be watching Pan Global. The Iberian Pyrite Belt in Spain is of the highest quality in the world.
IWA reminds investors to be aware of what drives the exploration business. Bigger is not always beautiful. Investors should focus on quality. This is where Pan Global will make you have a capitalist salivation.
It is big and beautiful. Don’t try and control yourself. Buy Pan Global before the share price jumps the $1 price level.
Here is the update hot off the presses this am – Tim Moody continues with great news!
If you’re going to run a world- class business, you have to find world-class deposits – and this is what the Pan Global team is doing.
Pan Global Reports First Drill Hole at La Jarosa Target, Escacena Project, Southern Spain
Vancouver, British Columbia–(Newsfile Corp. – March 8, 2022) – Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) (“Pan Global” or the “Company”) is pleased to announce results for the first drill hole completed at the La Jarosa target (“La Jarosa”) at the Escacena Project (“Escacena”) in the Iberian Pyrite Belt, southern Spain. La Jarosa is located approx. 4km northeast of La Romana, which has been the focus of the Company’s drilling for the past 30 months.
La Jarosa is the second of up to twelve gravity targets at Escacena and follow-up drilling is in progress. New ground gravity survey results have been received over the Zarcita target (located approx. 4.5 km north of La Romana), La Jarosa and surrounding areas. A high-resolution helicopter-borne Time Domain electromagnetic and magnetic survey has also been completed over the Escacena Project and final results are awaited.
- 18.65m at 0.73% Cu, 1g/t Ag in drill hole LJD-01 at La Jarosa, including
- 0.4m at 4.5% Cu, 10.3g/t Ag and
- 9.5m at 1.2% Cu, 1.1g/t Ag
- Multiple new gravity targets
- Zarcita copper target extended
- Property-wide Heliborne EM and Magnetic survey completed
Tim Moody, Pan Global President and CEO, states: “As happened at La Romana, our first drill hole at La Jarosa is a potential discovery hole. This highlights the prospectivity of the Escacena Project area which hosts multiple, mostly untested gravity targets. The La Jarosa mineralization is open in all directions and follow-up drilling in progress.”
Mr. Moody added: “The new exploration results at the Zarcita target indicate good potential for near-surface mineralization. A plus 2km-long gravity anomaly trend has been identified with encouraging surface geochemistry and a coincident zone of alteration. We are eagerly awaiting the results of the recently completed high-resolution heliborne EM and magnetic survey to prioritise targets for follow-up and drilling.”
Full Release Here:
IWA is a shareholder of Pan Global Resources
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. 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.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.