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Pan Global Resources ( (TSE:PGZ) ) has shared an update.
Pan Global Resources has announced its 2025 exploration programs, focusing on testing multiple copper-gold-tin targets in Spain. The company plans to utilize three drill rigs at its Escacena and Cármenes Projects, with significant drilling activities already underway. The comprehensive drilling campaign aims to define a 100 million tonne resource at Escacena by testing new targets and expanding known deposits like La Romana. This initiative is seen as a substantial step in enhancing Pan Global’s position in the mining industry, potentially increasing its resource base and thereby benefiting stakeholders.
More about Pan Global Resources
Pan Global Resources Inc. is a company focused on exploring and developing copper-rich mineral deposits, particularly in the Iberian Pyrite Belt in southern Spain. The company is engaged in projects like the Escacena Project, known for its potential in discovering large copper deposits, and the Cármenes Project in northern Spain, which is prospective for copper, nickel, cobalt, and gold mineralization. With a team experienced in exploration and mining operations, Pan Global is positioned in a low-risk jurisdiction with strong support for copper as a strategic resource.
YTD Price Performance: 0%
Average Trading Volume: 215,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$44.06M
Learn more about PGZ stock on TipRanks’ Stock Analysis page.