Pan Global Resources Inc has announced exciting new drill results from its 100%-owned Escacena Project in the prolific Iberian Pyrite Belt of southern Spain. The latest drilling program has not only confirmed the continued expansion of high-grade copper mineralization at the La Romana target but has also led to a significant new discovery of copper-tin-silver mineralization at the La Pantoja target, located to the west.

Pan Global’s President and CEO, Tim Moody, expressed his enthusiasm, stating, "The first results from the 2025 multi-target Escacena drill program confirm that the higher-grade copper-tin corridor at La Romana remains open to the northwest. We are also pleased to report that a similar style of mineralization has been intersected in the maiden drill program at the La Pantoja target to the west of La Romana." He further highlighted the significance of the La Pantoja discovery, noting, "The early results at La Pantoja confirm a new zone of copper-tin mineralization stratigraphically beneath La Romana, providing further confirmation of the potential for additional discoveries at the Escacena Project. La Pantoja is a large-scale target with compelling geophysical indicators of stronger mineralization at depth. We look forward to advancing this target with further drilling."

At the flagship La Romana target, three additional step-out drillholes have successfully extended the known zone of strong VMS-style mineralization. Drillhole LRD186, a northwest step-out, intersected an impressive 8.0 meters grading 1.51% copper, 0.02% tin from a depth of 123 meters. Within this interval, a higher-grade section assayed 3.0 meters at 3.20% copper and 0.04% tin. This result expands the higher-grade copper-tin corridor at La Romana by another 50 meters to the northwest, demonstrating a continuous mineralized trend now extending over 1.7 kilometers in an east-west direction, with significant potential for further expansion along strike and at depth.

The initial drilling at the La Pantoja target, situated west of La Romana, has yielded a new zone of copper-tin mineralization located stratigraphically beneath the La Romana horizon. The first three drillholes at La Pantoja have confirmed the presence of this distinct mineralization style. Notably, drillhole LPD03 intersected 1.0 meter at a high grade of 5.36% copper. Additionally, drillhole LPD01 encountered 1.35 meters at 1.80% copper, and 3.0 meters at 1.53% copper, 0.05% tin. Interestingly, LPD01 also intersected a broad zone of tin enrichment, with 22.0 meters averaging 0.05% tin from 116 meters, including a higher-grade section of 6.0 meters at 0.11% tin.

Downhole electro-magnetic (DHEM) surveys conducted in the La Romana drillholes indicate excellent potential to further expand the higher-grade copper zone at depth, with a significant untested anomaly identified. Similarly, geophysical surveys at La Pantoja suggest the potential for stronger mineralization both laterally and at depth.