Pan Global Resources has a Letter of Intent with EVALAM 2003 SL, providing an exclusive option to acquire 100% of the Escacena Investigation Permit. Exploration on the property is pending permitting.
The Escacena Project is located within the highly prospective Iberian Pyrite Belt and covers an area approximately 249.5 hectares. approximately 40 km south Northwest of Seville, Spain. The IPB is the most prolific volcanic-hosted massive sulphide district in the World with more than 80 known deposits mined for pyrite, copper, zinc, gold, silver and tin, including 8 giant deposits with greater than 100 million tonnes of massive sulphide.