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Pan Global Reports Further New Significant Drill Results at La Romana, Southern Spain
Strong copper mineralization in all three drill holes; One of the best holes to date from Hole...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"Pan Global Reports Further New Significant Drill Results at La Romana, Southern SpainStrong copper mineralization in all three drill holes; One of the best holes to date from Hole LRD20 returning 26.5m at 1.29% Cu equivalent, including 11m at 2.31% Cu equivalent from near surface in the west; Hole LRD19 returning 15m at 1.44% Cu equivalent, including 1.75m at 6.41% Cu equivalent extending the high-grade zone in the eastVancouver, British Columbia--(Newsfile Corp. - January 6, 2021) - Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the \"Company\") is pleased to report excellent results for an additional three drill holes (LRD19, LRD20 and LRD23) from the Phase 3 drill program at the La Romana target, in the Escacena Project. Results are pending for a further seven drill holes. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine in the Iberian Pyrite Belt, southern Spain. Tim Moody, Pan Global President and CEO, states: \"The drilling so far at la Romana has had a 100% hit rate with copper in every hole and the area of mineralization continuing to grow. The latest drill results are further confirmation the high-grade copper mineralization in the west shows excellent continuity from near surface to approx. 150m depth and is open both down dip and along strike. The results also show the very high grades associated with the massive chalcopyrite in the east continues and widens down dip to the north. The mineralization is open in all directions.\" Mr. Moody added: \"We are looking forward to resuming drilling this month with an additional twenty drill holes already planned aimed at significantly expanding the area of mineralization.\" Highlights:LRD19 intersected 15m at 1.44% CuEq (1.29 % Cu, 134ppm Co, 3.0g/t Ag) from 233m, including;10m at 2.1% CuEq (1.90% Cu, 185ppm Co, 4.5 g/t Ag) from 234m1.75m at 6.41% CuEq (5.84% Cu, 462ppm Co, 15.6 g/t Ag, 0.11g/t Au) from 236.25mLRD20 intersected 26.5m at 1.29% CuEq (0.91% Cu, 0.11% Sn, 2.3 g/t Ag) from 18.5m, including;11m at 2.31% CuEq (1.61% Cu, 0.21% Sn, 3.5 g/t Ag) from 28mLRD23 intersected 23m at 0.60% CuEq (0.50% Cu, 0.01% Sn, 2.6 g/t Ag) from 87m, including 7m at 1.45% CuEq (1.29% Cu, 0.01% Sn, 5.9g/t Ag) from 87m 2.0m at 4.28% CuEq (3.86% Cu, 0.02% Sn, 17.6g/t Ag) from 92mThe new drill results extend the near surface, high-grade copper, tin a...