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Pan Global Reports Significant Drill Results and Adds Drill Holes at La Romana, Southern Spain
New drill hole intersects 24.4m at 1.03% Cu equivalent, including 7.2m at 2.05% Cu equivalent ...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"Pan Global Reports Significant Drill Results and Adds Drill Holes at La Romana, Southern SpainNew drill hole intersects 24.4m at 1.03% Cu equivalent, including 7.2m at 2.05% Cu equivalent and confirms continuity of the high-grade mineralizationVancouver, British Columbia--(Newsfile Corp. - December 7, 2020) -  Pan Global Resources Inc. (TSXV: PGZ) (OTC: PGNRF) (the \"Company\") is pleased to report excellent results for an additional three drill holes (LRD16, LRD17 and LRD18) from the Phase 3 drill program at the La Romana target, in the Escacena Project. Results are pending for a further eight drill holes and five additional holes will test new geophysics targets up-dip of recent very high-grade massive sulphide drill intersections. 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 latest drill results continue to show excellent continuity of the high-grade copper mineralization both down dip and along strike coincident with a large downhole EM conductor in the west of La Romana. The copper mineralization is wide open in this area and further drilling is now being planned to continue to test the extent of this zone. High tin content is again present and shows potential to add significant value whilst also providing further evidence of a large mineralizing system.\" Mr. Moody added: \"Five drill holes have been added to complete the current Phase 3 drill program. These holes are aimed at testing up-dip of the recent high-grade massive chalcopyrite intersections and target potential thicker zones of mineralization closer to surface associated with large high priority geophysics anomalies in the east of the target area. With our current strong treasury position we are very well financed to complete all current planned drilling and expand on the current programs following these recent results.\" Highlights:LRD16 intersected 10m at 1.02% CuEq (0.75% Cu, 0.063% Sn, 3.4g/t Ag) from 99m, including;4.5m at 1.66% CuEq (1.3% Cu, 0.051 % Sn, 5.2 g/t Ag) from 105m, and 2.5m at 2.5% CuEq (2.1% Cu, 0.086% Sn, 8 g/t Ag) from 107mLRD17 intersected 24.4m at 1.03% CuEq (0.74% Cu, 0.066% Sn, 3.7 g/t Ag) from 91.6m, including;11.5m at 1.57% CuEq (1.24% Cu, 0.069% Sn, 5.5 g/t Ag) from 94m7.2m at 2.05% CuEq (1....