Pan Global Resources (TSXV:PGZ) - Drilling Expands After High-Grade Gold Discovery

Interview with Tim Moody, President & CEO of Pan Global Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/tin-market-faces-supply-challenges-amid-growing-energy-transition-demand-6534Recording date: 13th February 2025Pan Global Resources is advancing its exploration efforts in Spain, with significant developments at both its northern and southern projects. The company's recent focus has been on its northern Spain project, where historic mining in the 1930s produced high-grade copper, nickel, and cobalt from breccia bodies. Recent underground sampling at the Providencia and Profunda targets has yielded impressive results, averaging 2.5% copper plus nearly 1% nickel and cobalt.The company's systematic modern exploration program, which covered less than 5% of the large land package, has revealed extensive mineralization potential. At Providencia, infill soil sampling discovered significant gold presence, with samples reaching up to 20 g/t Au in an area with no previous gold exploration history. Underground channel sampling further confirmed these findings, with one sample returning 37m at 3.1 g/t Au.Pan Global has now initiated its first-ever drilling program at Providencia, with an initial 1,200m program designed to test extensions of the high-grade mineralization exposed underground. The company is already planning to expand this program based on encouraging channel sampling and trenching results.In southern Spain, Pan Global continues to advance its flagship La Romana project in the Iberian Pyrite Belt. An aggressive 2025 drill campaign is underway with two drills currently operating, focusing on expanding the higher-grade western part of the deposit while testing new regional targets. The company expects to release a maiden resource estimate for La Romana later this year.CEO Tim Moody emphasized the strategic advantage of operating in Europe: "Having a copper project in Europe, something that can potentially be brought to production within this decade, in a favorable and stable mining area, really gives us a big advantage."The investment thesis for Pan Global is strengthened by the growing demand for copper driven by the clean energy transition and electrification. Industry forecasts suggest an annual copper supply deficit approaching 10 million tons by 2030, making new discoveries in stable jurisdictions increasingly valuable.The company's presence in Spain's mining-friendly jurisdiction, combined with its experienced management team and active exploration programs, positions it well for future growth. With ongoing drilling at both its northern and southern projects, investors can expect consistent news flow and multiple potential catalysts throughout 2025.View Pan Global Resources' company profile: https://www.cruxinvestor.com/companies/pan-global-resourcesSign up for Crux Investor: https://cruxinvestor.com