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Pan Global Commences Drilling on the Expanded Romana Deep Copper Target at the Escacena Project, Spain
Drilling underway at recently identified Romana Deep VMS copper target Romana Deep targe...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"Pan Global Commences Drilling on the Expanded Romana Deep Copper Target at the Escacena Project, SpainDrilling underway at recently identified Romana Deep VMS copper target Romana Deep target features a large heliborne electromagnetic (HEM) anomaly that coincides with the down-dip projection of the near-surface La Romana copper/tin mineralizationDrilling continuing at Zarcita copper targetVancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (\"Pan Global\" or the \"Company\") is pleased to announce that drilling has commenced at the Romana Deep volcanogenic massive sulphide (\"VMS\") target at the Company's 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain. An initial program of four widely spaced drill holes is planned to provide the first test of the Romana Deep target. \"Romana Deep is a compelling target featuring a large HEM anomaly extending down-dip from Pan Global's La Romana copper discovery,\" said Tim Moody, Pan Global President and CEO. \"Some of the strongest copper mineralization at La Romana exhibits a similar HEM signature and the copper mineralization remains open in the direction of the Romana Deep target. The first of four planned drill holes has commenced at Romana Deep. In addition, drilling continues to the north at the high priority Zarcita target.\" Figure 1 - Escacena Project gravity anomaly map highlighting the priority targets, including the La Romana copper-tin discovery, Romana Deep and Zarcita target locations where drilling is currently underway.To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/5190/144205_783675feb4e37b7b_001full.jpgRomana Deep TargetFurther processing and interpretation of the Company's recently completed HEM survey has significantly expanded the previously identified Romana Deep target (see previous news release on September 28, 2022). The Romana Deep target is characterized by a large HEM resistivity low anomaly located down-dip from Pan Global's near-surface La Romana copper discovery (see Figure 1 above). The target is also less than 5 kilometres southwest of the former producing Aznalcollar open pit copper-zinc mine. The copper-tin mineralization at La Romana also coincides with HEM resistivity low anomalies, providing a further indicator of potent...