Pan Global Resources ( (TSE:PGZ) ) has shared an update.
Pan Global Resources has commenced drilling at the Bravo target within its Escacena Project in southern Spain, aiming to explore a large gravity anomaly indicative of potential volcanogenic massive sulphide (VMS) mineralization. The Bravo target, located near the company’s La Romana discovery, is part of a broader 7,000-meter drilling program designed to test multiple high-priority targets. The initial phase will include eight drill holes, with results potentially expanding the program. This initiative underscores Pan Global’s strategic focus on leveraging its assets in a region with significant mining potential and favorable conditions.
More about Pan Global Resources
Pan Global Resources Inc. is focused on exploring and developing copper-rich mineral deposits, driven by the strong demand for copper due to its essential role in global electrification and energy transition. The company’s flagship project, Escacena, is situated in the Iberian Pyrite Belt in southern Spain, a region known for its favorable mining conditions and strategic importance for copper supply.
YTD Price Performance: -1.43%
Average Trading Volume: 130,321
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$41.95M
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