Pan Global Resources - Positioned for Success in Spain's Copper-Rich Iberian Pyrite Belt

• Pan Global Resources provided an update on their copper exploration projects in Spain, focusing on the La Romana and Cañada Honda discoveries.
• Excellent metallurgical results were reported for both copper and tin at La Romana, with high recoveries and concentrate grades.
• Cañada Honda drilling results show potential for a large copper-gold deposit, with the gravity anomaly suggesting further extension.
• The company is target-rich, with numerous untested gravity anomalies and the promising Bravo target awaiting access agreements.
• Positive market sentiment and jurisdictional advantages position Pan Global well for future success as they advance their projects.

About Pan Global Resources

Pan Global Resources is a copper exploration company focused on the Escacena Project in the famous Iberian Pyrite Belt of Spain. In a recent investor webcast, the company provided an update on their project, discussing their two significant discoveries, La Romana and Cañada Honda, and their strong pipeline of untested targets in a highly prospective region. Surrounded by major mining companies and with excellent infrastructure, Pan Global is well-positioned to capitalize on the growing demand for copper and other essential metals.

La Romana: A Copper-Tin-Silver Powerhouse

The La Romana discovery is Pan Global's most advanced project, with over 180 drill holes completed to date. The deposit boasts near-surface mineralization, potentially amenable to open-pit mining, excellent continuity, and a simple geometry. Recent metallurgical results have exceeded expectations, with high recoveries and concentrate grades for both copper and tin.

President and CEO Tim Moody commented, "The tin metallurgy - we reported that just probably three weeks ago. Again, we took some composite samples from a number of drill holes. The results have turned out excellent for us. So we're getting excellent recoveries, concentrate grades over 60%, which takes us into the premium range."

The tin component at La Romana could represent 15-20% of the in-situ value, making it a significant contributor to the project's economics. With the deposit open along strike and at depth, there is potential for further growth as the company continues its delineation drilling.

Cañada Honda: A New Copper-Gold Discovery

The Cañada Honda discovery, located just 3 kilometers north of La Romana, is shaping up to be a large copper-gold system. Recent drilling results have encountered both copper-gold and gold-only mineralization, with significant intercepts such as 17 meters at 1.6 g/t gold and 9 meters at 2.8 g/t gold.

The gravity anomaly at Cañada Honda extends over 2 kilometers, suggesting the potential for a sizeable deposit. As Tim Moody noted, "This is comparable to some of the other operating mines, like Aguas Teñidas or Sotiel Coronada. These are 100 million tonne plus massive sulphide deposits. So we've got a long way to go here, just scratching the surface. But these results were really encouraging from that perspective."

With only a portion of the gravity anomaly tested and drill spacing still wide, Cañada Honda represents an exciting opportunity for Pan Global to delineate a significant copper-gold resource.

Regional Potential & Untested Targets

One of Pan Global's key strengths is its target-rich Escacena Project. The company has identified numerous untested gravity anomalies, each with the potential to host significant mineralization. The Bravo target, located east of La Romana, is a prime example of the project's regional potential. With a large gravity anomaly, historical IP chargeability anomalies, and favorable geology, Bravo is a high-priority target for future exploration once access agreements are secured.

Favourable Jurisdiction & Market Sentiment

Spain's Iberian Pyrite Belt is a world-class mining jurisdiction, home to some of the largest volcanic massive sulphide deposits globally. The region benefits from established infrastructure, a skilled workforce, and a supportive government that has recently introduced initiatives to streamline the permitting process for new mines.

Vice President of Investor Relations and Communications, Jason Mercier, highlighted the significance of the jurisdiction, stating, "There's a lot of jurisdictions that people think are solid jurisdictions, but can you get a mine permitted on a timely basis? What Spain has done, and I don't think a lot of people know about it, is they've set up an accelerated unit where they are stating a timeline of fully permitting a mine within 28 months."

The positive market sentiment towards copper and other essential metals bodes well for Pan Global. With copper prices surpassing $4 per pound, tin on the rise, and gold reaching record highs, the company is well-positioned to benefit from the growing demand driven by the global energy transition and economic growth.

The Investment Thesis for Pan Global Resources

• Two significant discoveries, La Romana and Cañada Honda, with excellent potential for resource growth
• Exceptional metallurgical results, with high recoveries and concentrate grades for both copper and tin
• A target-rich project with numerous untested anomalies, each representing potential for additional discoveries
• Strategic location in a world-class mining jurisdiction with established infrastructure and a supportive government
• Exposure to copper, tin, and gold – essential metals with strong market fundamentals and growing demand

In conclusion, Pan Global Resources presents a compelling investment opportunity for those seeking exposure to the growing demand for copper and other essential metals. With two significant discoveries, a pipeline of untested targets, and a favorable jurisdiction, the company is well-positioned for success as it advances its projects in Spain's Iberian Pyrite Belt.

As the world transitions towards a more sustainable future, the demand for copper and other metals critical to electrification and renewable energy infrastructure is expected to soar. Pan Global's Escacena Project, with its potential for multiple large-scale deposits, offers investors an attractive entry point into this thriving sector. With a strong management team, robust market fundamentals, and a clear path to value creation, Pan Global Resources is poised to emerge as a key player in Europe's copper industry.