IWA highlights of Pan Global Resources Inc. new drill results
- Overlooked Cu VMS discovery under thin cover in Spain – You just don’t leave high grade copper that close to surface in the ground, period!
- CEO Tim Moody is regional expert and former head of Rio Tinto Exploration – We think he knows what he is doing!
- First discovery already ‘de-risked’ >10Mt, very little downside – this will get bought out.
- Six undrilled coincident IP / gravity anomalies along strike support larger upside – This looks like the makings of a monster – project out to 200 Mt and the share price could reach multiples of current price , multiples. This is one you buy, and you hold.
Pan Global Resources Inc. (TSX-V: PGZ; OTC: PGNRF) is pleased to announce that drilling continues to expand the La Romana copper target at the Escacena Project with new high-grade down-dip and near surface copper and tin intercepts. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine and approximately 15km west of the Las Cruces copper mine, in the Iberian Pyrite Belt, southern Spain.
Tim Moody, Pan Global President and CEO states: “The new drill holes at La Romana have expanded the strike length of the mineralization to more than 1 km and shows the mineralization remains wide open in several areas. Considerable upside remains with less than half the strike potential of this first target tested. Results for 21 additional drill holes are pending and several holes prioritised assay which contain strong visible mineralization. Drilling is ongoing.”
For The Full Pan Global Resources Inc. Press Release Click Here.
IWA is a shareholder of Pan Global Resources Inc.
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