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PAN GLOBAL WELCOMES APPROVAL OF GRUPO MEXICO'S ADJACENT LOS FRAILES MINE
PAN GLOBAL WELCOMES APPROVAL OF GRUPO MEXICO'S ADJACENT LOS FRAILES MINE Canada NewsWir...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"\n\n\n\n PAN GLOBAL WELCOMES APPROVAL OF GRUPO MEXICO'S ADJACENT LOS FRAILES MINE\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSXV: PGZ | OTCQB: PGZFF | FRA: 2EU\n \n\n\n\n\n Pan Global's Escacena Project strategically located adjacent to\n \n Minera Los Fraile\n \n\n\n\n\n s Mine\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n June 3, 2025\n \n\n /CNW/ - Pan Global Resources Inc. (\"Pan Global\" or the \"Company\") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) today acknowledges the approval by the Government of Andalucia of the restoration plan and exploitation permit for Minera Los Frailes to develop the\n \n Los Frailes\n \n underground mine adjacent to Pan Global's 100%-owned flagship Escacena Project (\"Escacena\") in southern\n \n Spain\n \n . Minera Los Frailes is owned by Grupo México (97.31%), and Magtel (2.69%). Grupo México is the fourth-largest copper producer by volume globally.\n \n\n The granting of the exploitation permit reaffirms Andalucia's status as a Tier-1 global mining jurisdiction. The\n \n Los Frailes\n \n zinc, copper, lead and silver mining project is expected to generate significant investment and employment in the region.\n \n\n \"This milestone for our neighbors at Minera Los Frailes highlights the strength of the permitting environment in Andalucia and underscores the strategic location of our 100%-owned Escacena Project,\" said\n \n Tim Moody\n \n , President and CEO of Pan Global. \"With our La Romana copper discovery located just west of the planned\n \n Los Frailes\n \n mine, Pan Global is uniquely positioned to benefit from increased regional investment, infrastructure upgrades, and other synergies. The\n \n Los Frailes\n \n mine will be a significant new mine development, with an anticipated 20-year mine life, and a plant producing zinc, lead, and copper concentrates.\"\n \n\n La Romana hosts a near-surface copper-tin-silver deposit with outstanding metallurgy and characteristics favorable to potential open pit development, supporting Pan Global's strategy to...