Copper and Tin Stocks to Watch
Pan Global Resources is based in Vancouver. They're a junior resource company focused on exploring base and precious metals in Spain.
The Escacena Project
The Escacena Project is located in the favorable mining jurisdiction of southern Spain and is part of the prolific Iberian Pyrite Belt (IPB), which is home to several prominent mines including Neves Corvo and Las Cruces. The project is exploring a new and expanding copper-tin discovery at La Romana Target, which is associated with near surface volcanic hosted massive sulphide (VMS) mineralization. Drilling results have returned significant tin grades with a 100% hit rate on drilling completed to date.
In addition to the Escacena Project, the exploration permit for the Al Andaluz Property has been granted. This property adds approximately 2,365 hectares to the Escacena Project's exploration area and is located adjacent to the Aznalcollar open pit mine and 12 km west of the Las Cruces copper mine. The property includes the La Jarosa Target, which has a historical drill hole completed by Exxon, and offers promising exploration upside potential.
Located in a mining friendly region, the Escacena Project and Al Andaluz Property have access to well-developed infrastructure such as roads, water, power, ports, and a smelter. There have been rapid permitting of mines in the Iberian Pyrite Belt in recent years, with 7 operating mines and 2 in permitting stage located near the Escacena Project. With a large land package adjacent to mining operations and copper mineralization open in several directions, the Escacena Project and Al Andaluz Property offer exciting potential for exploration and development.
For more information on Pan Global Resources (TSX.V: PGZ, OTC: PGNRF) please click the request investor info button.