Pan Global Expands Soil Geochemistry Anomaly at Bravo Target
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Pan Global Doubling Soil Geochemistry Anomaly at Bravo Target
Stock Tickers: TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU
Exciting Developments at the Bravo Target
Pan Global Resources Inc. has recently announced some thrilling results regarding the Bravo target within its Escacena Project. The area of the soil lead-zinc (Pb-Zn) anomaly has doubled, now measuring 1.7km by 1.0km, underscoring the high priority set on this location for further exploration.
This expansion of the anomaly coincides with a significant 2.0km by 1.5km gravity anomaly, suggesting deeper geological features that warrant close examination. The soil geochemistry survey has expanded to explore the area between the Bravo target and the promising La Romana discovery.
The Bravo target is located strategically on trend, bridging the La Romana copper-tin-silver discovery and deposits from Grupo México, including Aznalcóllar and Los Frailes. This region's geology presents a potential hotspot for economic mineralization.
Survey Insights and Future Exploration
With additional soil sampling and gravity survey data, Pan Global remains optimistic about the Bravo target's potential. Tim Moody, President and CEO of Pan Global, highlights that the new results support the idea that the Bravo target could be concealing volcanogenic massive sulphide (VMS) mineralization beneath a shallow cover.
The latest survey results have significantly enhanced the lead-zinc anomaly observed in previous sampling. The correlation between geochemistry and gravity anomalies strengthens the case for elevated exploration efforts required in preparation for an initial drilling campaign.
The Bravo target is situated 1.5km east of the La Romana copper-tin-silver discovery and 4.5km southwest of known deposits, making it a focal point for future drilling and exploration.
Details of the Soil Sampling Program
During the expanded survey, a total of 1,188 soil samples were collected, with a spacing of 40 meters along lines 100 meters apart. This extensive sampling reveals a combined Pb-Zn anomaly ranging from 300ppm to 1,252ppm, with notable findings of up to 1,115ppm Pb and 886ppm Zn.
In addition, samples sent for multi-element geochemistry analysis at ALS laboratory corroborated the pXRF results, revealing a correlation with anomalous silver values reaching 5.2g/t, further validating the findings and the underlying mineralization potential.
Exciting Future Steps
The initial ground gravity survey results have solidified expectations for further exploration. Steps moving forward include detailed modeling of final gravity data, encompassing induced polarization and electromagnetic survey lines to dive deeper into the gravity and geochemical anomalies.
Prioritizing drillhole positions will also be an essential follow-up to maximize exploration efficiency at the Bravo target.
About the Escacena Project
The Escacena Project comprises a significant 5,760-hectare land package fully controlled by Pan Global within the Iberian Pyrite Belt. This location is notable for hosting the La Romana copper-tin-silver and Cañada Honda copper-gold discoveries, along with multiple prospective targets.
The project lies in proximity to existing mining operations and benefits from a solid permitting process, excellent infrastructure, and mining expertise, making it an attractive area for investment in mineral exploration.
About Pan Global Resources
Dedicated to developing copper-rich mineral deposits in Spain, Pan Global is committed to tapping into the strong long-term demand for copper, essential for global electrification and energy transition. The company's operations are situated within a region recognized for its mining investment attractiveness, supported by a skilled team focused on environmental sustainability and community respect.
Frequently Asked Questions
What is the significance of the Bravo target?
The Bravo target's expansion indicates greater mineralization potential, particularly for lead-zinc and possibly copper-tin-silver, making it a high-priority target for exploration.
How does Pan Global plan to proceed after the recent survey?
Pan Global will conduct detailed modeling of the gravity data, followed by additional geophysical surveys and prioritizing drillhole locations to explore the mineralization further.
What are the key findings from the soil geochemistry survey?
The survey revealed a soil Pb-Zn anomaly significantly higher than previous assessments, with notable concentrations reaching over 1,200ppm, indicating strong mineralization potential.
Where is the Escacena Project located?
The Escacena Project is located in the Iberian Pyrite Belt in southern Spain, an area known for its rich mineral deposits and favorable mining conditions.
Who is involved in the management of Pan Global Resources?
Pan Global Resources is led by experienced professionals in mineral exploration and mining operations, including Tim Moody as President and CEO and Álvaro Merino as Vice President of Exploration.
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