Pan Global Resources Inc. (TSXV: PGZ | OTCQX: PGZFF) has reported the intersection of additional high-grade near-surface copper mineralization at its 100% owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
Assay results for five new drill holes from the western extension of the La Romana copper-tin-silver discovery confirm that the mineralization extends over more than 1.35km of strike and remains open. Also, these drill results include the highest grades intersected to-date in the current 25-hole drill programme.
Tim Moody, president, and CEO, stated, “It is very encouraging that our ongoing drill programme at La Romana confirms extensions to the high-grade copper-tin mineralization. The potential to expand the high-grade mineralization further along-strike to the west and down-dip is exciting. The east-west strike length of La Romana is now more than 1.35km and remains open, with step-out drilling ongoing.”
Highlights from the results include:
- LRD171: 15.9m at 1.15% CuEq (1.04% Cu, 0.03% Sn, 2.4 g/t Ag) from 79m, including 9.9m at 1.70% CuEq (1.57% Cu, 0.04% Sn, 3.6 g/t Ag)
- LRD170: 12m at 1.04 % CuEq (0.80% Cu, 0.09% Sn, 2.1 g/t Ag) from 61m, including 7m at 1.47% CuEq (1.16% Cu, 0.11% Sn, 2.9 g/t Ag)
- LRD168: 13m at 1.02% CuEq (0.67 % Cu, 0.13% Sn, 1.6 g/t Ag) from 52m, including 7m at 1.43% CuEq1 (0.96% Cu, 0.17% Sn, 2.2 g/t Ag)
Additionally, a down-hole electromagnetic (DHEM) conductor anomaly from LRD171 provides a strong indication the higher-grade mineralization continues down-dip and will be targeted for future drilling.
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