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Pan Global Reports New Drill Results and Extends near Surface High Grade Copper at Escacena Project, Southern Spain
Near surface high grade copper-tin-silver mineralization extended to more than 700m strike len...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"Pan Global Reports New Drill Results and Extends near Surface High Grade Copper at Escacena Project, Southern SpainNear surface high grade copper-tin-silver mineralization extended to more than 700m strike length, including supergene chalcocite, and remains open along strike, down-dip and up-dipNew shallow, wide intercepts extending the copper zone eastwards, with LRD36 returning 23m at 1.06% CuEq , including 11m at 1.74% CuEq and LRD32 returning 68m at 0.52% CuEq , including 10.8m at 1.43% CuEqAssays pending for 8 additional completed drill holes, with 2 drill rigs continuing to operateVancouver, British Columbia--(Newsfile Corp. - April 13, 2021) - Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the \"Company\") is pleased to report results for an additional eleven drill holes (LRD26 and LRD28 to LRD37) at the La Romana target, in the Escacena Project. Drilling is ongoing with results pending for eight additional completed holes. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine and approximately 15km west of the Las Cruces copper mine, in the Iberian Pyrite Belt, southern Spain. Tim Moody, Pan Global President and CEO states: \"The new drill results are exciting and confirm wide intercepts of near surface copper mineralization with multiple higher-grade intervals over a strike of more than 700m. The easternmost drill holes confirm the copper mineralization continues over more than 250m of dip extent. The mineralization remains wide open in all directions.\" Mr. Moody added: \"Assay results are pending for drill holes LRD38 to LRD45, and the Phase 4 drill program has been expanded following the recent results with an additional ten drill holes planned.\" Drill highlights:LRD36 intersected 23m at 1.06% Cu equivalent (Eq) (0.56% Cu, 0.13% Sn, 3.9g/t Ag, 0.01g/t Au) from 27m (mixed chalcocite and chalcopyrite), including; 11m at 1.74% CuEq (0.92% Cu, 0.23% Sn, 6.3g/t Ag, 0.016g/t Au) from 33m, including3.5m at 3.15% CuEq (1.43% Cu, 0.52% Sn, 9.8g/t Ag, 0.013g/t Au) from 39mLRD37 intersected 20.5m at 0.80% CuEq (0.55% Cu, 0.046% Sn, 5.0g/t Ag, 0.012g/t Au) from 69m, including; 2.4m at 1.27% CuEq (0.94% Cu, 0.015% Sn, 14g/t Ag, 0.04g/t Au, 0.015% Co) and 0.37% Pb, 0.73% Zn from 73m, and8.55m at 1.22% CuEq (0.81% Cu, 0.09% Sn, 6.2g/t Ag, 0.02g/t Au) from 78.45LRD32 intersected 68m at 0.52% ...