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Pan Global Resources Inc.
Summary
| Project: | Escacena | |
|---|---|---|
| Deposit: | La Romana | |
| Location: | Spain | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold-Cobalt-Tin | |
| Date: | 4/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-4-2020: Pan Global Resources Inc. announces an Exploration/Drilling Update report for its La Romana deposit at the Escacena project. Drill results incl. 29.5m @ 0.92% Cu, 105ppm Pb, 446ppm Zn, 4.7g/t Ag, 0.008g/t Au, 89ppm Co, 803ppm Sn from 7.5m. Vanc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Baxter (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - April 22, 2020) - PanGlobal Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the "Company") is very pleased to report positive results for the first three step-out drill holes (LRD03, LRD04 and LRD05) at the La Romana target in the Escacena Project. The La Romana target is located approximately 5km West of the former Aznalcollar open pit and 12km West of the Las Cruces high-grade copper mine, in the Iberian Pyrite Belt, southern Spain. Assay results for additional step-out drill holes LRD06, LRD7 and LRD8 are pending and will be reported as soon as they become available. Preliminary down-hole electromagnetic (EM) results have also been received. Tim Moody, PanGlobal President and CEO states: "The new step-out drill results at La Romana shows continuity to the copper mineralization and confirms the mineralization extends to within 5 meters from surface. The discovery of near surface high-grade copper in close proximity to several other mines is significant. New down-hole EM surveys have also expanded the size of the conductor anomaly coincident with the high copper zone and is open in most directions." Mr. Moody added: "A separate conductor plate detected last year beneath hole LRD01 has also been extended and is a high priority drill target." | |
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