Drilling of final hole at Escacena Project underway Pan Global Resources Inc. reports that the Company has introduced additional precautionary steps to manage and respond to the risks associated with COVID-19 virus. The Company is regularly monitoring the situation and following local and national health authority requirements and recommendations. Work activities are now limited to completion of the drill program at the [...]
Pan Global Resources Inc. is pleased to report two more drill holes will be added to the step out drill program now in progress at the La Romana copper target in the Escacena Project, Iberian Pyrite Belt, southern Spain. A detailed infill gravity survey has also commenced to better delineate the target. Tim Moody, President and CEO of Pan Global Resources, commented, "With copper mineralization in each step out drill hole [...]
Pan Global Resources Inc. is pleased to report it has intersected copper mineralization in the first step out drill holes at the La Romana copper target in the Escacena Project, Iberian Pyrite Belt, southern Spain. Assay results are awaited. Tim Moody, President and CEO of Pan Global Resources commented, "We are very encouraged to report visual indications of copper mineralization over wide intervals in the new drill [...]
Pan Global Resources Inc. is pleased to announce follow-up drilling has commenced at the La Romana copper target in the Escacena Project, Iberian Pyrite Belt, southern Spain. The current drill program includes five diamond drill holes for a total of approximately 900 meters with potential to expand the program subject to results. The planned holes will test along strike and down dip from the Company's previous drill hole [...]
Pan Global Resources Inc. is pleased to provide an update on exploration in the Escacena and Aguilas projects in Spain. This includes new geophysics and geochemistry results at Escacena and results from drilling at the Torrubia North target in the Águilas Project. Recently completed geophysics and soil geochemistry surveys at Escacena have outlined several new targets. Follow-up drilling is set to commence shortly [...]
Pan Global Resources Inc. today announced it has completed its previously announced non-brokered private placement by the issuance of 14,368,516 units at a price of $0.12 per Unit for aggregate gross proceeds of $1,724,221.92 . Each Unit is comprised of one common share and one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.24 for two [...]
Pan Global Resources Inc. today announced that due to strong demand, it has increased its previously announced non-brokered private placement from 8,333,333 units to 14,375,000 units at a price of $0.12 per unit . The aggregate gross proceeds of the offering are expected to be $1.725 million instead of the originally planned $1 million. Pan Global's President and CEO, Tim Moody, noted: "We are very encouraged by the [...]
Proceeds to fund accelerated exploration at Escacena Project Pan Global Resources Inc. today announced it has arranged a non-brokered private placement financing of up to 8,333,333 units of securities at a price of $0.12 per Unit for aggregate gross proceeds of up to $1 million . Each Unit will be comprised of one common share and one non-transferable common share purchase warrant, with each warrant entitling the holder [...]
Pan Global Resources Inc. is very pleased to announce that it has entered an agreement to acquire all rights to the "Al Andalus" Investigation Permit , adjacent to the company's Escacena project in the Iberian Pyrite Belt, southern Spain. The property is highly prospective and remains mostly unexplored since the mid-1980's Includes potential eastern extensions to Pan Global's La Romana target, where the Company recently [...]
Pan Global Resources Inc. is very pleased to announce positive results for the first drill holes at the La Romana target of the Escacena project, located approximately 5 km West of the former Aznalcollar open pit mine in the Iberian Pyrite Belt, southern Spain. Tim Moody, Pan Global President and CEO states: "I am very pleased and excited with these excellent first drill results at the Escacena project. The presence of [...]
Pan Global Resources Inc. is pleased to provide an exploration update on its projects in Spain. Gravity and geochemistry survey commenced at the Escacena project Potentially significant down-hole EM conductors in recent drill holes at La Romana Final drill results from the recent Escacena drilling expected soon Drilling in progress on the large Torrubia North copper target in the Aguilas project At the Escacena Project, a [...]
Pan Global Resources Inc. is pleased to announce it has commenced drilling at the large and untested Torrubia North copper target in the Aguilas Project, Spain. The current drill program includes an initial five widely spaced core holes for an aggregate total of approx. 1,000 metres. These initial holes will test a high priority soil copper anomaly extending over 1.9km of strike length and up to 0.35km width, with up to [...]