Key facts
| Company | Pan Global Resources (TSXV: PGZ) |
|---|---|
| Commodity | Copper |
| Location | Canada |
| Stage | Early exploration |
About Cármenes Project
The Cármenes Project is located approx. 55km north of León in northern Spain and comprises five Investigation Permits over 5,653 hectares. The Project area is highly prospective for multiple bodies or “clusters” of carbonate-hosted “pipe-like” breccia style copper, nickel, cobalt, and gold mineralization. The area includes the former Profunda and Providencia mines, that last operated in the 1930s, producing concentrates of copper and cobalt with nickel. Numerous other smaller historical mine workings in the area highlight potential for additional breccia pipes. These types of deposits can have significant vertical dimensions exceeding 1km.
News releases9 on file
PAN GLOBAL EXPANDS NEAR-SURFACE HIGH-GRADE GOLD DISCOVERY AT CÁRMENES PROJECT, SPAIN: DRILLHOLES RETURN 7.29g/t AU OVER 9 METERS AND 1.53g/t AU OVER 38 METERS
Phase 3 drilling at the Providencia target on the 100%-owned Cármenes Project in northern Spain returned 7.29 g/t Au over 9.0 metres from 1.0 metre downhole in PVD18, including 28.10 g/t Au over 2.0 metres, with that interval also carrying 0.72 g/t Pt, 0.24 g/t Pd, 0.20% Cu, 0.17% Ni and 0.06% Co. PVD17 returned 1.53 g/t Au over 38.0 metres from 17.0 metres, including 2.25 g/t Au over 25.0 metres.
Drill resultsPAN GLOBAL INTERSECTS 83 METERS OF 1.74 g/t GOLD, EXPANDING NEW GOLD ZONE AT CÁRMENES PROJECT, SPAIN
Drillhole PVD16 at the Providencia target on the 100%-owned Cármenes Project in northern Spain returned 83 metres averaging 1.74 g/t gold from 9 metres downhole, including 9 m at 4.88 g/t Au, 0.04% Cu, 0.06% Ni, 0.08% Co, 3.0 g/t Ag, 0.27 g/t Pt and 0.19 g/t Pd, 2 m at 12.57 g/t Au, and 12 m at 2.65 g/t Au with 0.5 m at 32.2 g/t Au. Two holes remain in the Phase 3 program, with assays pending for
Drill resultsPAN GLOBAL SUCCESSFUL IN BID FOR RIGHTS TO SALAMÓN GOLD PROJECT, SPAIN
Tender bids for the Salamón Gold Project in León Province, northern Spain, submitted through two Spanish subsidiaries, have been accepted by the regional Directorate General of Energy and Mines following a competitive public tender by the authorities of Castile and León. The project comprises two mineral exploration permits covering 19 mining grid units totalling approximately 532 hectares, along
AcquisitionPAN GLOBAL INTERSECTS 15 METERS OF 3.9 g/t GOLD FROM SURFACE, CÁRMENES PROJECT, SPAIN
Drillhole PVD15 at the Providencia target on the Cármenes Project in northern Spain returned 15 meters grading 3.90 g/t gold, 0.04% copper, 0.11% nickel and 0.12% cobalt from surface, including 8 meters of 6.79 g/t gold with 0.50 g/t platinum and 0.28 g/t palladium, and 1 meter of 18.55 g/t gold. Results were reported for holes PVD11–PVD15; PVD11 returned no significant results. Expanded soil samp
Drill resultsPAN GLOBAL EXPANDS NEAR-SURFACE GOLD MINERALIZATION AT PROVIDENCIA WITH 2.36 g/t GOLD OVER 80 METERS, CÁRMENES PROJECT, SPAIN
Surface channel sampling at the Providencia target on the 100%-owned Cármenes Project in northern Spain returned 2.36 g/t Au over 80 meters, including 3.21 g/t Au over 23 meters and 20.18 g/t Au over 5 meters (previously reported), along with 6.12 g/t Au over 6 meters in PVCC-02. First systematic underground sampling on the 1438m Level returned 2.40% Cu, 0.83% Ni, 0.27% Co and 0.25 g/t Au over 9 m
Drill resultsPAN GLOBAL REPORTS SURFACE HIGH-GRADE GOLD WITH 20.2 g/t OVER 5.0 METERS AT CÁRMENES PROJECT, SPAIN
Twin saw-cut channel sampling at surface at the Providencia target, Cármenes Project in northern Spain, returned 20.2 g/t gold over 5.0 meters, including 51.2 g/t gold and 1.9 g/t platinum and palladium over 1 meter, verifying earlier chip results of 15 g/t Au over 6m. Underground mapping at the 1,438-meter level identified over 180 meters of sulphide and hematite breccia, widening the system foot
Drill resultsPAN GLOBAL REPORTS 29.8 G/T GOLD OVER 3.0 METERS AT PROVIDENCIA AND COMMENCES FOLLOW-UP DRILL PROGRAM, CÁRMENES PROJECT, SPAIN
Surface rock chip channel sampling at the Providencia target on the Cármenes Project in northern Spain returned 3.0 meters grading 29.8 g/t gold within 6.0 meters at 15.0 g/t gold, including 1.0 meter of 43.8 g/t gold, 1.06 g/t platinum and 0.82 g/t palladium. A seven-hole, 1,000-meter follow-up drill program is underway, and channel sampling is in progress in a newly exposed underground tunnel ab
Drill resultsPAN GLOBAL ANNOUNCES 2026 DRILL PROGRAMS AT ESCACENA AND CÁRMENES PROJECTS, SPAIN
A combined 10,000-metre drill program for 2026 will test targets at the 100%-owned Escacena and Cármenes projects in Spain, where Escacena hosts more than 15 large untested priority drill targets and Cármenes more than 25 exploration targets. Escacena work includes an airborne electromagnetic and magnetic survey over Escacena South, drilling of El Pozo, Cortijo, Trinidad and Carmen, and resource e
Drill resultsPAN GLOBAL INTERCEPTS NEAR-SURFACE HIGH-GRADE GOLD AT THE CÁRMENES PROJECT, SPAIN
Phase 2 drilling at the Providencia target on the 100%-owned Cármenes Project in northern Spain returned 1.2 g/t Au over 10 m from 16 m and 3.5 g/t Au over 8 m from 77 m, including 5.8 g/t Au over 4 m, in drillhole PVD10. PVD07 returned 1.37 g/t Au over 1 m from 115 m, and PVD09 ended in 0.94% Cu, 0.06% Ni, 0.04% Co and 0.38 g/t Au over 1.4 m. Petrography confirmed free native gold in hematite bre
Drill results