Pan Global Resources Inc. (TSXV: PGZ | OTCQX: PGZFF | FSE: 2EU) has provided a summary of milestone achievements in 2023 and its plans for 2024.
Pan Global president and CEO, Tim Moody, commented, “The Pan Global team delivered on key objectives in 2023 for the company’s flagship Escacena Project. The dimensions of the La Romana copper-tin-silver mineralization were increased significantly, further de-risking the project. Preliminary metallurgy tests confirmed industry-leading copper recoveries.”
“In addition, the team made a new copper-gold discovery at the highly prospective Cañada Honda target. Plus, the pipeline of new exploration targets at Escacena was bolstered during the year following extensive detailed geophysics.”
The company’s exploration plan for 2024 will include further drilling to delineate the western and northern extent of the La Romana mineralization ahead of a maiden mineral resource estimate.
Also, drilling to test the potential to significantly expand the copper-gold discovery at Cañada Honda will be completed.
“With funds in place to advance the Escacena Project in 2024, investors should expect regular news flow. Results from additional drilling at La Romana are expected to further expand the western and northern extents of the La Romana mineralization in advance of a maiden mineral resource estimate. Drilling at the Cañada Honda target is also expected to expand the discovery, and plans are in place to commence exploration at the Bravo target east of La Romana as soon as we have access to the farm,” said Mr. Moody.
To find out more, please visit www.panglobalresources.com
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