ESCACENA PROJECT : Project Highlights

The Escacena Project is located in Andalucia, southern Spain, on the Iberian Pyrite Belt, the world’s premier volcanic hosted massive sulphide (VMS) district.

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Escacena Project - Iberian Pyrite Belt
Escacena Project - Iberian Pyrite Belt
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Pan Global's Escacena Project comprises a significant land package covering approximately 5,458 hectares and is located next door to the Aznalcollar Mine*, Grupo Mexico's Los Frailes Deposit* and FQM's operating Cobre Las Cruces Mine*.

 

The company has been actively exploring La Romana Target since 2019, a massive sulphide copper deposit at Escacena. In November 2021, Pan Global was granted an exploration permit for the adjacent Al Andaluz property. 

(see Escacena Project Area Map)

La Romana Target 

 

  • First drill holes were immediate discovery holes with near surface mineralization

  • Results returned significant tin grades

  • 100% hit rate on drilling to date​

  • Drilling and geophysics are coincident

  • Surrounded by four mines held by major mining companies

  • Promising upside potential

  • Drilling ongoing

Escacena Project Area - Mineral Rights and Targets
Escacena Project Area - Mineral Rights and Targets
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Al Andaluz Property 

 

  • In November 2021, Pan Global was granted a permit by the regional government of Andalucia for  exploration of the Al Andaluz Property

  • Al Andaluz is located immediately adjacent to the company’s initial holdings and represents a 115% increase to the exploration area, adding approximately 2,365 hectares to the Escacena Project area

  • An additional 1,030.5 hectares remain under application

  • Al Andaluz comes to within 600 meters of the edge of the Aznalcollar* open pit mine and lies approximately 12 km west of the Las Cruces* copper mine

  • The property includes the historical mining areas of the El Pozo and La Zarcita, and the La Jarosa target with a drill hole completed by Exxon in 1985 

  • Expedited exploration is currently underway

* The Aznalcollar Mine, Los Frailes Deposit, and Cobre Las Cruces are referred to for geographic proximity and gravity anomalies are shown for comparison and location relative to gravity anomalies in Pan Global Resources’ (PGZ) mineral rights. There is no assurance that Pan Global Resources’ results will be similar or mirror those of adjacent properties.