Pan Global Resources Increases Tin Recoveries with New Tests

Exciting Developments in Tin Recovery at La Romana Project

Pan Global Resources Inc. (TSXV: PGZ) (OTCQX: PGZFF) is making waves in the mining industry as it announces remarkable progress in tin recoveries at its La Romana copper-tin-silver project. The latest results from the second phase of the metallurgical test program reveal high-grade tin concentrate recoveries, which are pivotal for enhancing the project's economics.

Outstanding Metallurgical Test Results

The metallurgical tests achieved extraordinary results, with tin concentrate grades soaring to 63.2% and recovery rates reaching 64%. What’s more, through the use of conventional gravity processing, an additional ten percent recovery of tin was realized from the tails, increasing the overall efficiency of the process. These findings are not just statistical; they hold substantial implications for the viability and profitability of the La Romana project.

Key Highlights of the Results

The test work not only underscores the project's potential but also presents it as a strong contender in the competitive mining landscape. Key highlights include:

• A premium tin concentrate with expected grades of 63.2%.
• Overall tin recovery rates improved by 10% compared to previous estimates.
• Significantly low levels of penalty elements in the final concentrates.
• A simple, energy-efficient processing flow for enhanced economic viability.

Strategic Importance of the Project

The La Romana discovery, located in southern Spain's Iberian Pyrite Belt, holds exciting potential. This geological setting is known for its rich mineral deposits, and Pan Global is committed to unlocking this treasure. The project's strategic significance is amplified by its proximity to operating mines and its capacity to produce saleable concentrates through conventional methods.

Comments from Leadership

Tim Moody, President & CEO of Pan Global Resources, shared his enthusiasm regarding the results, noting the exceptional potential of the La Romana mineralization compared to other mines on the Iberian Pyrite Belt. He emphasized that the test results not only add tangible value to the project but also de-risk it by affirming the feasibility of conventional gravity separation techniques for producing high-quality tin concentrate.

The Path Forward

Following these successful results, the next steps for Pan Global will likely involve closed-circuit testing and pilot plant trials aimed at optimizing concentrate grades and recovery rates. This methodical approach is crucial for establishing robust pre-feasibility and feasibility studies.

About the Escacena Project

The Escacena Project encompasses an extensive land package spanning 5,760 hectares, fully controlled by Pan Global. This region sits adjacent to historically productive mining areas, adding to its allure. The project is not only about copper-tin-silver exploration; it also presents numerous other targets, including copper-gold deposits, underpinning its versatility and rich potential.

A Vision for the Future

Pan Global Resources is actively advancing its initiatives around copper-rich mineral deposits, driven by a strong demand for copper in global electrification and energy transition efforts. By aligning its operations with international standards for sustainable mining practices, the company is committed to the responsible development of its resources.

Commitment to Safety and Sustainability

The Pan Global team boasts seasoned professionals in exploration, development, and operations, all dedicated to maintaining high safety standards and ensuring environmental stewardship. Their collaborative efforts with local communities demonstrate their commitment to fostering mutual respect and cooperation.

Frequently Asked Questions

What were the key outcomes of Pan Global's recent tin tests?

The key outcomes included high-grade tin concentrate recoveries of 63.2% and an overall tin recovery increase of 10%, showcasing improved metallurgical efficiency.

What techniques were used in the metallurgical tests?

The tests primarily employed conventional gravity separation techniques, which proved effective in enhancing tin recovery rates and concentrate quality.

How does the Escacena Project compare with other mining projects?

The Escacena Project, strategically located in the Iberian Pyrite Belt, demonstrates a strong potential due to its mineral-rich geology and proximity to viable mining operations.

What are the next steps for Pan Global Resources?

Next steps include closed-circuit testing and pilot plant trials to refine recovery processes and prepare for further feasibility analysis.

What is Pan Global Resources' commitment to sustainability?

Pan Global Resources is committed to sustainable mining practices, prioritizing safety, environmental protection, and respect for local communities throughout their operations.

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