Economic Extraction
Search documents
PAN GLOBAL ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATES FOR THE ESCACENA PROJECT IN THE IBERIAN PYRITE BELT, SPAIN
Prnewswire· 2025-12-31 12:00
Core Viewpoint - Pan Global Resources Inc. has announced its maiden Mineral Resource Estimates for the La Romana and Cañada Honda deposits at the Escacena Project in southern Spain, marking a significant milestone for the company and laying the groundwork for future studies [1][4]. Group 1: Mineral Resource Estimates - La Romana Mineral Resource Estimate includes: - Measured: 26.1 million tonnes (Mt) at 0.37% Cu, 300 ppm Sn, 1.78 g/t Ag, totaling 96.0 kt Cu, 7.8 kt Sn, and 1.49 million ounces (Moz) Ag [6][8]. - Indicated: 6.3 Mt at 0.37% Cu, 148 ppm Sn, 1.25 g/t Ag, totaling 23.6 kt Cu, 0.9 kt Sn, and 0.25 Moz Ag [6][8]. - Inferred: 4.0 Mt at 0.40% Cu, 71 ppm Sn, 1.37 g/t Ag, totaling 15.8 kt Cu, 0.3 kt Sn, and 0.18 Moz Ag [6][8]. - Cañada Honda Mineral Resource Estimate includes: - Inferred: 5.0 Mt at 0.65 g/t Au, 1.17 g/t Ag, 0.14% Cu, totaling 104 koz Au, 0.2 Moz Ag, and 6.8 kt Cu [10][11]. Group 2: Technical Insights - The high proportion of Measured Resource at La Romana indicates strong continuity of the mineral system, with advanced metallurgical tests suggesting potential for producing higher-grade copper concentrates with low penalty elements [4][5]. - Both La Romana and Cañada Honda deposits are open for expansion, with ongoing exploration aimed at increasing the resource base and supporting future technical evaluations [8][9]. Group 3: Project Overview - The Escacena Project encompasses over 13,900 hectares in the Iberian Pyrite Belt, near existing mining operations, providing a favorable environment for mining activities [24][26]. - The project is strategically positioned in a region with a history of mineral production and strong infrastructure, enhancing its potential for successful development [26].