Visual Copper Mineralization in All Holes Completed to Date Pan Global Resources Inc. is pleased to report good progress on the phase 3 step-out drilling program in progress at the La Romana copper target in the Escacena Project, southern Spain. The first five drill holes of this program have been completed with copper mineralization intersected in each hole. Tim Moody, President and CEO of Pan Global commented, "We are [...]
Phase 3 drill program commenced at La Romana Up to 25 drill holes, approximately 3,500 meters, to significantly expand the copper mineralization Fully funded for expanded drill program Pan Global Resources Inc. is pleased to announce follow-up drilling has now commenced at the La Romana copper target in the Escacena Project, Iberian Pyrite Belt, southern Spain. Tim Moody, President and CEO of Pan Global commented: "We are [...]
Pan Global Resources Inc. today announced the grant of a total of 4.18 million incentive stock options to directors, management, consultants and contractors. The options are for a ten-year term at an exercise price of $0.31 per option share. About Pan Global Resources Pan Global Resources Inc. is actively engaged in base and precious metal exploration in Spain and is pursuing opportunities from exploration through to mine [...]
Drill program to focus on testing and extending the multi-layer copper-tin-silver mineralization at the La Romana target Pan Global Resources Inc. is pleased to announce that preparations have commenced for the next round of follow-up drilling at the La Romana copper discovery in the Escacena Project, southern Spain . The drilling aims to further test continuity and potential extensions to the near-surface high grade [...]
Pan Global Resources Inc. today announced it has completed its previously announced non-brokered private placement by the issuance of 22,753,997 units at a price of $0.18 per Unit for aggregate gross proceeds of $4,095,719.38 . Each Unit is comprised of one common share and one half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of [...]
Pan Global Resources Inc. today announced a further increase to its previously announced non-brokered private placement, from 16,666,666 units to 20,850,000 units, at a price of $0.18 per unit . The Company originally announced an offering of up to 11,500,000 units but increased the offering to 16,666,666 units due to strong demand. The aggregate gross proceeds of the offering are expected to be up to $3,753,000 instead [...]
Pan Global Resources Inc. today announced that due to strong demand, it has increased its previously announced non-brokered private placement from 11,500,000 units to 16,666,666 units at a price of $0.18 per unit . The aggregate gross proceeds of the offering are expected to be up to $3 million instead of the originally planned $2.07 million. Pan Global's President and CEO, Tim Moody, noted: "We are very encouraged by the [...]
Potential for a clean copper concentrate from a medium to fine grind Pan Global Resources Inc. is pleased to report initial results for a petrographic study on drill core from the Escacena Project in the Iberian Pyrite Belt, southern Spain. Tim Moody, Pan Global President and CEO states: "These early petrographic results are very positive for the potential to produce a good quality concentrate from the copper [...]
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 11,500,000 units of securities at a price of $0.18 per Unit for aggregate gross proceeds of up to $2,070,000.00 . Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant, with each whole warrant [...]
Copper zone widens to the West coincident with upper conductor anomaly and remains open in several directions Hole 8 confirms copper associated with a deeper conductor and potential multi-layered or stacked VMS deposit Highest tin grades reported up to 1.85% Sn Pan Global Resources Inc. is very pleased to announce further positive drill results from the final 3 drill holes from the recent drill program at the La Romana [...]
Pan Global Resources Inc. is very pleased to announce that it completed the final payment to acquire all rights to the "Al Andalus" Investigation Permit , adding to the company's Escacena project in the Iberian Pyrite Belt, southern Spain. The property remained mostly unexplored since the mid-1980's. Includes potential eastern extensions to Pan Global's La Romana target, where recent drill results include hole LRD02 with [...]
29.5 meters at 1.29% Copper Equivalent Mineralization to within 5 meters of surface Continuity of mineralization confirmed Downhole surveys expand conductor anomaly coincident with high copper zone Pan Global Resources Inc. is very pleased to report positive results for the first three step-out drill holes at the La Romana target in the Escacena Project. The La Romana target is located approximately 5km West of the former [...]