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Pan Global Resources Inc.
Summary
| Project: | Escacena | |
|---|---|---|
| Deposit: | La Romana | |
| Location: | Spain | |
| Commodities: | Copper-Lead-Tin-Zinc-Cobalt-Gold-Silver | |
| Date: | 5/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 28-5-2020: Pan Global Resources Inc. announces an Exploration/Drilling Update report for its La Romana deposit at the Escacena project. Drilling results incl. 35.6m @ 0.46% Cu, 103ppm Pb, 391ppm Zn, 2.7g/t Ag, 0.007g/t Au, 70ppm Co, 560ppm Sn from 38.4m. | |
| Resources: | x | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | VANCOUVER, BRITISH COLUMBIA – (MAY 28, 2020) – Pan Global Resources Inc. (the "Company") (TSX-V: PGZ; OTC: PGNRF) is very pleased to announce further positive drill results from the final 3 drill holes (LRD06, LRD07 and LRD08) from the recent drill program at the La Romana prospect in the Escacena Project, located in the Iberian Pyrite Belt, southern Spain. These three holes complete a 6-hole program aimed at extending the copper mineralization intersected in drill hole LRD-02, which returned 20.55m at 1.5% Cu equivalent (eq) including 7m at 3.43% Cu eq (See News Release of October 23, 2019). Tim Moody, Pan Global President and CEO states: “These latest results continue to show a continuous zone of shallow copper mineralization extending in several directions and increasing in thickness towards the West. Hole LRD-06 returned the highest tin grades to-date with associated high copper, including up to 1.85% Sn and 2.6% Cu over 0.6 meters. Hole 8 is significant as it indicates there are now three copper mineralized horizons and confirming copper associated with a previously untested conductor plate anomaly that extends and becomes stronger to the East beneath hole LRD-01.” | |
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