Pan Global Resources Inc. · TSXV:PGZ

Pan Global Resources — Investor Presentation (May 2024)

31 slides from Pan Global Resources's investor presentation, May 2024

  1. Slide 1: Advancing Copper Discoveries – Escacena Project Investor Presentation

    ADVANCING COPPER DISCOVERIES – ESCACENA PROJECT INVESTOR PRESENTATION Iberian Pyrite Belt Spain MAY 2024 TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU

  2. Slide 2: Forward Looking Statement & Qualified Person

    This Presentation contains "forward-looking statements". These forward-looking statements are made as of the FORWARD date of this Presentation and Pan Global Resources Inc. does not intend, and does not assume any obligation, to LOOKING update these forward-looking statements. Forward-looking statem

  3. Slide 3: Investment Merits

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU EXPLORING FOR METALS ESSENTIAL TO ENERGY TRANSITION Copper and tin have excellent long-term price fundamentals and are essential to the Energy Transition INVESTMENT MERITS: BOARD & MANAGEMENT TO UNLOCK VALUE Proven management team with successful record from discove

  4. Slide 4: Copper Demand for Energy Transition: The Next Decade is Critical

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU COPPER DEMAND FOR Copper prices are ENERGY expected to TRANSITION: elevate over the THE NEXT next decade, DECADE IS resulting in faster CRITICAL payback and higher returns Source: https://energyminute.ca/infographics/the-volume-of-2050-net-zero-copper-demand/ 4

  5. Slide 5: Tin: Demand for High-Value Metal Driven by Energy Transition

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU “The imminent 4th Industrial Revolution and the Green Industrial Revolution should both benefit tin over the next decade. Tin as solder will glue together all the electronic and electrical equipment required for a 5G-supported smart communications future. Tin-copper

  6. Slide 6: Escacena Project: In the World's Most Prolific Multi-Metal VMS Mining District

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU • Iberian Pyrite Belt (IPB) • Prolific 250km long metallogenic belt ESCACENA • Hosts large number of Tier One VMS deposits (Cu, Pb, Zn, Ag, PROJECT: Au, Sn) IN THE • 7 active mines and major mining companies: WORLD’S MOST ▪ Riotinto (Atalaya) PROLIFIC ▪ Las Cruces (

  7. Slide 7: Escacena Project: Neighbouring Producers

    ESCACENA PROJECT: NEIGHBOURING PRODUCERS • Surrounded by mines and development ATALAYA MINING • Infrastructure and future optionality Riotinto • Unexplored since the mid-1980s Copper Copper, Lead, Zinc PAN GLOBAL Copper GRUPO MEXICO ESCACENA PROJECT FIRST QUANTUM Aznalcóllar Las Cruces Los Frailes >

  8. Slide 8: Escacena Project: Multi-Discovery Potential

    ESCACENA PROJECT: MULTI-DISCOVERY POTENTIAL • These deposits typically occur in clusters PAN GLOBAL • Strong potential for multiple discoveries ESCACENA PROJECT • High sulphide content is ideal for geophysics CAÑADA HONDA Gravity Anomaly Targets AZNALCÓLLAR LUNDIN MINING OPEN PIT NEVES CORVO MINE CA

  9. Slide 9: Escacena Project: Geophysics and New Copper Targets

    ESCACENA PROJECT: GEOPHYSICS AND NEW COPPER TARGETS • Significant exploration upside - VMS deposits 730000 735000 occur in clusters 740000 745000 • New high-quality gravity survey confirms 4158000 4158000 GRAVITY ZARCITA multiple untested targets GEOPHYSICS SURVEY Cañada Honda AZNALCÓLLAR* LOS FRAIL

  10. Slide 10: Cañada Honda: Large Copper and Gold Target

    CAÑADA HONDA: LARGE COPPER AND GOLD TARGET New Discovery • Large gravity target extends over 2km F • Copper-gold mineralization and geophysics coincident CAÑADA HONDA GRAVITY TARGET • Potential ore grade/thickness copper & gold from surface to CHD14 CHD12 600m down-dip, extending along-strike CHD05

  11. Slide 11: Cañada Honda: Copper-Gold Mineralization Wide Open

    CAÑADA HONDA: COPPER-GOLD MINERALIZATION WIDE OPEN Cross-section A CHD14 In-progress CHD12 A’ • VMS style copper-gold stockwork, CHD5 CHD9 CHD6 CHD CHD8 09 CHD 08 semi-massive & massive sulphides 100m 2m @ 1.36 g/t Au • Stacked gold veins above 2m @ 1.61 g/t Au Shales 8m @ 2.63 g/t Au • Wide-open do

  12. Slide 12: Cañada Honda: Target Concept Similar to Sotiel Deposit

    CAÑADA HONDA: TARGET CONCEPT SIMILAR TO SOTIEL DEPOSIT SOTIEL DEPOSIT – Cu, Zn, Pb Cross-section Older Rocks (Slates and Quartzites) • Sandfire MATSA’s Sotiel-Migollas mine Thrust Faults (100M tonnes Giant class VMS deposit, 65km NW of Escacena): VMS mineralization host within shales, concealed bene

  13. Slide 13: Cañada Honda: Large Copper and Gold Target

    CAÑADA HONDA: LARGE COPPER AND GOLD TARGET Cañada Honda Cañada Honda W Long-Section E Gravity Anomaly Gravity Anomaly Map A 2 km A’ Resistivity Low 2 km Target (<200 Ω m) A A’ No Data (powerlines) >0.2% Cu Grade Shell Resistivity Low, gravity anomaly & Cu-Au Drill Intercepts coincident 3D Heliborne

  14. Slide 14: La Romana: Near Surface Copper-Tin-Silver Over 1.4km

    LA ROMANA: NEAR SURFACE COPPER-TIN-SILVER OVER 1.4KM LRD173 LRD179 CuEq % ( Cu% / Sn% / Ag g/t ) New Drilling Extends West • Copper-tin-silver mineralization 9.7m @ 1.69 (1.61 / 0.02 / 3.8) 18.1m @ 0.65 (0.61 / 0.01 / 1.5) Inc. 5.7m @ 2.70 (2.58 / 0.03 / 6.2) Inc. 6.1m @ 1.50 (1.42 / 0.02 / 3.5) LRD

  15. Slide 15: La Romana: Gravity Target & Copper Coincident

    LA ROMANA: GRAVITY TARGET & COPPER COINCIDENT Upside Potential • New drill results confirm new higher-grade copper area in the northwest (open) • Gravity and DHEM target, indicates potential northwest continuation of higher grades • Planned drilling targeting near- surface northwestern extension • O

  16. Slide 16: La Romana: >50m Thick Copper Zone, Open Down-Dip

    LA ROMANA: >50M THICK COPPER ZONE, OPEN DOWN-DIP B B’ Well suited to low-cost open pit mining 4.5m @ 1.5 (1.3 / 0.04 / 3.8) • Highest grades and best thickness near to surface 46.5m @ 0.6 (0.5 / 0.05 / 3.0) Inc. 7.35m @ 1.2 (1.1 / 0.06 / 5.0) Inc. 1.1m @ 1.6 (1.2 / 0.12 / 6.4) 52.6m @ 0.9 (0.8 / 0.0

  17. Slide 17: La Romana: Alteration & Metal Zonation Open West

    LA ROMANA: ALTERATION & METAL ZONATION OPEN WEST Copper-Tin-Silver Mineralization • Metal and Alteration models shows the mineralization is wide open to the west and down-dip • Tin grades increasing to the west • Good continuity West North Chlorite East 0 300 m Sericite View looking down-dip towards

  18. Slide 18: La Romana Copper Variability: High Quality Concentrate

    LA ROMANA COPPER VARIABILITY: HIGH QUALITY CONCENTRATE Positive Cu metallurgy • Copper metallurgy variability tests confirm saleable concentrate grades are achievable across the deposit • Simple conventional floatation process flowsheet • Excellent recoveries up to 88% copper • Concentrate grades up

  19. Slide 19: La Romana Tin Metallurgy: Premium Concentrate Grades

    LA ROMANA TIN METALLURGY: PREMIUM CONCENTRATE GRADES Positive Sn metallurgy • Tin metallurgy tests confirm high- quality tin concentrate by conventional gravity separation • High tin concentrate grades of 63.2% Sn at 58.1% recovery • Typical tin cassiterite-sulphide deposits ➢ Ore grades range from

  20. Slide 20: La Romana: Iberian Pyrite Belt Deposit Depth Comparison

    LA ROMANA: IBERIAN PYRITE BELT DEPOSIT DEPTH COMPARISON PGZ MATSA (Sandfire) • Mines becoming deeper & First Lundin Depth La Romana Quantum Atalaya Ascendant Atalaya Depth 0m 0m Sotiel higher cost / challenging La Romana Copper from surface Top of Gossan -150m Mines Cerro Colorado base of pit 400m L

  21. Slide 21: La Romana: Compounding Value-Enhancing Attributes

    LA ROMANA: COMPOUNDING VALUE-ENHANCING ATTRIBUTES PAYABLE CREDITS - TIN & SILVER LOW DELETERIOUS METALS HIGH COPPER RECOVERIES LOWER RISK - HIGHER VALUE COURSE GRAINED = LOWER ENERGY MINERALIZATION CONTINUITY = GOOD EXCELLENT GEOMETRY FOR OPEN PIT NEAR SURFACE MINERALIZATION La Romana pit-shell simu

  22. Slide 22: Escacena Project: New Targets and Upside Potential

    ESCACENA PROJECT: NEW TARGETS AND UPSIDE POTENTIAL NEW SURVEY 733000 E 734000 E 735000 E 736000 E 737000 E Escacena Cañada Project Honda 4155000 N 4155000 N 0 1 Km La Romana New Survey BARBACENA 4154000 N • New detailed gravity survey highlights 4154000 N ROMANA NORTE untested new targets • Enhanced

  23. Slide 23: Escacena Project: Bravo Target – Untested

    ESCACENA PROJECT: BRAVO TARGET – UNTESTED Significant upside at Gravity anomaly map new targets LA ROMANA • Bravo Gravity Target (Pending Access) ✓ Coincident Heli-Electro Magnetic anomaly ✓ Along-trend east from La Romana ✓ Historical Exxon IP anomaly on southern margin of gravity anomaly EL CORTIJ

  24. Slide 24: Corporate Information and Capital Structure

    CORPORATE INFORMATION AND CAPITAL STRUCTURE COMPANY STATISTICS (As of May 3, 2024) PAN GLOBAL SHAREHOLDERS Shares Outstanding (M) 242.74M Warrants (M) 30.35M 8% Institutional 17% HNW Options/RSUs/DSUs (M) 21.11M Retail Shares Fully Diluted (M) 294.2M Insiders Market Cap @ $0.19 (CAD$M) $46.1M 27% 52

  25. Slide 25: 2024 - 2025 Catalysts

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU 2024 - 2025 CATALYSTS ✓ La Romana deposit-wide copper metallurgical variability test results A COMPELLING INVESTMENT ✓ La Romana metallurgical test-work for tin OPPORTUNITY ❑ Surface land access for the Bravo target “MANY ❑ Drill results and ongoing exploration of n

  26. Slide 26: Copper Added to European Critical Raw Materials Act

    COPPER ADDED TO EUROPEAN CRITICAL RAW MATERIALS ACT European Critical Raw Materials Act – March 2024 A European Union regulation establishes a framework to ensure a secure and sustainable supply of critical raw materials Potentially beneficial actions under the Critical Raw Materials Act include: •

  27. Slide 27: Our Values: A Sustainable Operation

    OUR VALUES: A SUSTAINABLE OPERATION ESG INITIATIVES Environment Social Governance A member of the United Nations Global Compact since October 2022 – the only exploration in Spain so committed • Energy efficiency • Stakeholders • Transparency • Water use • Community relations • Ethical behaviour • La

  28. Slide 28: High-Grade Professional Team

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU HIGH-GRADE PROFESSIONAL TEAM 28

  29. Slide 29: Leadership Team

    LEADERSHIP TEAM TIM MOODY – President, CEO and Director ÁLVARO MERINO – Vice President Exploration MAX PINSKY - Corporate Secretary Tim has over 35 years of experience in the mining industry Álvaro holds degrees in geology and mine engineering, and Max is a lawyer with over 20 years of practice expe

  30. Slide 30: Board of Directors

    TSXV: PGZ | OTCQX: PGZFF FRA: 2EU PATRICK EVANS – Chairman TIM MOODY Patrick is a senior mining executive with more than 20 years of Tim has more than 35 years of experience in the mining industry leadership and M&A transactional experience. He is currently including mineral exploration, resource as

  31. Slide 31: Contacts

    Suite 1150 - 355 Burrard Street Vancouver BC, V6C 2G8, Canada T: +1-778-372-7101 E: investors@panglobalresources.com Panglobalresources PanGlobalResources CONTACTS Panglobalspain Pan Global Resources TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU 31

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