PAN GLOBAL ANNOUNCES 2026 DRILL PROGRAMS AT ESCACENA AND CÁRMENES PROJECTS, SPAIN

Core Insights - Pan Global Resources Inc. announced a 2026 multi-target exploration drill program at its 100%-owned Escacena and Cármenes Projects in Spain, with a combined total of 10,000 meters of drilling planned to test multiple high-priority targets [1][2] Group 1: Escacena Project - The 2026 drill program at Escacena aims to expand the copper resource base and includes resource expansion drilling at La Romana and Cañada Honda, as well as drilling at high-priority targets such as Trinidad and Carmen [1] - Escacena hosts over 15 large untested priority drill targets, with the goal of defining a resource base exceeding 100 million tonnes [1] - Recent discoveries at Escacena include expanded near-surface copper-tin mineralization and confirmed high-grade copper-tin mineralization at various targets [1] Group 2: Cármenes Project - The Cármenes Project includes over 25 exploration targets and aims to expand on a recent high-grade near-surface gold discovery at the Providencia target [1] - The 2026 program will involve sampling and mapping of additional high-priority targets, as well as Phase 3 drilling at the Providencia target to assess the geometry and scale potential of gold-copper-nickel-cobalt mineralization [1] - The project was acquired for its high-grade copper-nickel-cobalt potential, with historical mining operations dating back to the 1930s [2] Group 3: Financial and Operational Highlights - The company has secured strong financial support from a new strategic investor, positioning it well for continued exploration and resource discovery [1] - The 2026 program builds on a successful 2025 operational year, which included the award of mineral rights and the identification of new exploration targets [1] - The maiden mineral resource estimates for the Escacena Project were announced in December 2025, exceeding initial projections for resource category and size [1]