Volcanogenic Massive Sulphide (VMS)
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PAN GLOBAL DEFINES NEW HIGH-PRIORITY VMS TARGET AT RECENTLY AWARDED ESCACENA SOUTH
Prnewswireยท 2025-11-06 12:28
Core Insights - Pan Global Resources Inc. has identified a new high-priority volcanogenic massive sulphide (VMS) target in the recently awarded Escacena South area in southern Spain, supported by historical exploration data and preliminary field inspections [1][3][4] Exploration Potential - The Escacena South area expands mineral rights to over 10,000 hectares, significantly increasing the potential for new VMS discoveries, with numerous large gravity anomalies that remain untested by drilling [4][5][9] - Historical mine workings and positive surface geochemistry indicate strong potential for VMS-style mineralization, with surface copper mineralization observed along a 1-kilometer trend [2][6][3] Historical Data - Historical rock grab samples from the Trinidad and Carmen mine area show high grades, including up to 6.3% Cu, 2.45% Sn, and 48.6 g/t Ag, indicating the area's mineral richness [6][9] - A large untested gravity and magnetic anomaly extends 3.5 kilometers along strike, with the strongest portion covering an area exceeding 1.5 km x 1 km beneath shallow post-mineral cover [6][9] Next Steps - The Trinidad and Carmen area is prioritized for advancing to the drilling stage as soon as necessary permits are obtained, with ongoing reviews of other targets in the Escacena South area [7][8] Company Overview - Pan Global Resources is actively exploring for copper-rich mineral deposits, with a focus on the Iberian Pyrite Belt, which is recognized for its favorable mining conditions and infrastructure [10][11]