CEO Clips - Pan Global Resources Accelerates Copper-Gold Discovery in Spain

April 3, 2025

In a region where new copper discoveries are rare, Pan Global Resources is building a standout portfolio of near-surface targets in southern Spain. Since hitting on its core copper asset in 2019, the company has drilled 185 holes and is targeting a maiden resource estimate in the second half of 2025. But Pan Global’s momentum goes further—2024’s focus includes 8 to 9 exploration targets, following up on a recent copper-gold discovery showing grades of 16% copper in soils and up to 21 g/t gold at surface. With only 16 holes drilled on one of its most promising zones, early signs suggest a potential supergiant VMS system. As Europe ramps up its interest in domestic critical mineral supply, Pan Global’s sustained drill activity, scale of targets, and shallow mineralization make it a name to watch.

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Why This Matters

Copper-gold explorer focused on near-surface, high-grade VMS targets across southern Spain

In a region where new copper discoveries are rare, Pan Global Resources is building a standout portfolio of near-surface targets in southern Spain. Since hitting on its core copper asset in 2019, the company has drilled 185 holes and is targeting a maiden resource estimate in the second half of 2025. But Pan Global’s momentum goes further—2024’s focus includes 8 to 9 exploration targets, following up on a recent copper-gold discovery showing grades of 16% copper in soils and up to 21 g/t gold at surface. With only 16 holes drilled on one of its most promising zones, early signs suggest a potential supergiant VMS system. As Europe ramps up its interest in domestic critical mineral supply, Pan Global’s sustained drill activity, scale of targets, and shallow mineralization make it a name to watch.

Key Takeaways

185 drill holes completed on core copper asset since 2019
First resource estimate anticipated in H2 2025
Recent discovery shows 16% copper in soils, 21 g/t gold at surface
Early-stage drilling on targets that could host a supergiant VMS system
8–9 active targets across a highly prospective mineral belt in Spain

‍Full Transcript

What makes Pan Global Resources as well as the Escacena project stand out, is our La Romana deposit, our second hole hit? That was in 2019. We've been drilling that out almost continually since then. At this point in time, we have 185 holes drilled, and this year we'll actually be putting out a resource in the second half of 2025. There's not many greenfield projects for copper that are near surface anywhere in Europe. The Canada Honda Discovery was actually made last year. It's a copper gold, that one we've only drilled 16 holes on, but already it looks like it could be a super giant VMs deposit in our northern project at Cármenes. We're drilling there as well. We found 16% copper in the soils, actually up to 21g per tonne gold at surface. We're drilling essentially 8 or 9 targets this year. For us, it's extraordinary.