La Romana: New drill results from Pan Global Resources
Pan Global Resources Inc. (TSXV: PGZ | OTCQX: PGZFF) has released fresh results from ongoing drilling at La Romana, a copper–tin–silver discovery within the Escacena Project in southern Spain.
Recent drill highlights
The latest program returned several strong intercepts. Notably, drillhole LRD181 cut 18 meters at 1.24% copper equivalent (including 1.14% copper). Additional results include:
- LRD181: 5.0 meters at 3.51% CuEq.
- LRD183: 9.0 meters at 1.31% CuEq, including 2.0 meters at 5.12% CuEq.
- LRD182: 7.25 meters at 0.92% CuEq, including 4.0 meters at 1.42% CuEq.
Taken together, these results show the near-surface mineralization at La Romana remains continuous and open, supporting further step-out and follow-up drilling.
Growing footprint and upside
According to Tim Moody, Pan Global’s President & CEO, the higher-grade copper mineralization at La Romana continues to show room to grow. The mineralized zone currently extends for about 1.5 kilometers across the western extension, pointing to additional targets for expansion.
What this means for investors
The results strengthen the company’s position in a region known for robust mineral deposits and point to potential for resource growth. With La Romana at the core of the Escacena Project, the work aligns with rising demand for copper tied to electrification and the energy transition.
Next steps: webcast and work program
Pan Global Resources will host an investor webcast where Tim Moody will share project progress, strategy, and operational updates. It’s a chance to hear how the program is advancing and what comes next in the field.
Escacena Project at a glance
The Escacena Project covers 5,760 hectares and is fully controlled by Pan Global. It lies near past-producing mines and reflects the company’s focus on advancing projects with strong prospects for copper and associated metals.
Sampling and QA/QC
Recent drill core was HQ size. Samples were collected in one-meter intervals, underscoring a careful approach to quality assurance and quality control.
About Pan Global Resources
Pan Global targets copper-rich deposits, supported by a constructive long-term outlook as global energy needs evolve. An experienced team leads the work, with an emphasis on sustainable mining practices.
Frequently Asked Questions
What did the latest drilling at La Romana show?
Holes LRD181, LRD182, and LRD183 returned notable intercepts, including 18 meters at 1.24% CuEq in LRD181 (including 1.14% copper), plus shorter higher-grade zones such as 5.0 meters at 3.51% CuEq in LRD181 and 2.0 meters at 5.12% CuEq in LRD183.
Is the mineralization still open for expansion?
Yes. The results indicate the near-surface mineralization remains continuous and open, which supports additional drilling to test for extensions.
How extensive is the current mineralized trend?
According to the company, mineralization at La Romana spans roughly 1.5 kilometers across the western extension.
What should I watch for next?
Look for updates from the upcoming investor webcast, where Pan Global plans to discuss progress, strategy, and the next steps in the drill program.
How were samples collected and checked?
Drilling used HQ-size core, and samples were taken in one-meter intervals as part of the company’s QA/QC procedures to support data integrity.