Pan Global Resources Reports Highest-Grade Drill Intercepts To-Date at Cañada Honda & Outlines Growth Potential

• Pan Global intersects 1.48% copper, 0.65 g/t gold, 7.2 g/t silver over 6.8 meters at Cañada Honda, plus 2.63 g/t gold over 8 meters
• Results confirm mineralization linked to geophysical targets, with strong expansion potential
• Additional assays pending as 11-hole program continues
• Gravity anomaly at Cañada Honda extends over 2 kilometers, highlighting exploration upside

About Pan Global Resources

Pan Global Resources is a copper focused mining company targeting deposits in tier-one jurisdictions like Spain to supply critical metals needed for the global energy transition. With a large contiguous land package in the prolific Iberian Pyrite Belt and an experienced team, Pan Global is well positioned to discover and develop new resources.

Significant Expansion Possible at Early-Stage Cañada Honda

These latest intercepts represent the highest grades discovered at Cañada Honda thus far, confirming that last year’s initial discovery was just the start. Mineralization coinciding with downhole EM anomalies remains open and untested across much of an extensive 2 kilometer by 500 meter gravity anomaly. Pan Global is still drilling the eastern portion of this large target, which offers substantially more scale potential than the La Romana deposit 3 kilometers away.

Advancing a Pipeline of Prospects

In addition to the 11-hole program underway at Cañada Honda, Pan Global is advancing a pipeline that includes the La Romana, Romana North, and Zarcita coppertin-silver prospects. The La Romana discovery has yielded intercepts as high as 33 meters grading 1.55% copper equivalent, pointing to significant scale potential as well.

With copper demand expected to double over the coming decades, Pan Global is focused on finding and developing the next generation of deposits. The high-grade hit from the most recent Cañada Honda hole provides confidence for continued success.

Positive Initial Results Point to Exciting Potential

The high-grade Cañada Honda intercepts validate Pan Global’s targeting and exploration models while underscoring the potential for much more. As the company tests the considerable strike extent to known mineralization, Cañada Honda presents a very compelling opportunity in the making. With a vast regional footprint and pipeline of prospects, investors have reason to be excited by these latest drill results and the growth story unfolding in southern Spain.

Investment Thesis for Pan Global Resources

Pan Global Resources is an attractive speculation investment opportunity focused on discovering and developing copper deposits to supply growing demand driven by global electrification. With properties located in mining-friendly jurisdictions with good infrastructure, an experienced management team, and significant exploration upside, Pan Global offers strong long-term growth potential.

Key Investment Highlights:

• Highly Prospective Assets in Tier-1 Location: Pan Global holds a sizeable 5,760 hectare land package in the proven mining district of the Iberian Pyrite Belt in southern Spain. Operating mines nearby and support from the EU government de-risk this project.
• Multiple Prospects Coming into Focus: Exploration is yielding discoveries at prospects like La Romana and Cañada Honda that exhibit significant scale potential in an area never before consolidated or explored with modern techniques. More targets await testing.
• Copper Fundamentals are Compelling: Copper demand is projected to double in coming decades as global electrification accelerates. Supply limitations make new high-grade discoveries especially desirable to fuel this pending deficit.
• Strong Technical Approach: The targeting approach which led to the La Romana discovery has now been validated again at Cañada Honda through verification of coincident geophysical anomalies. The exploration methodology is proving effective in a district ripe with development upside.
• Seasoned, Committed Management: Highly accomplished geologist and CEO Tim Moody and Spain general manager and mining engineer Juan Garcia Valledor, who has deep experience in Spain in development and operations and is widely known in the Spanish mining community. ‍
• Upcoming Exploration Catalysts: Drilling is ongoing at Cañada Honda and testing new targets across the property. Assays and drilling advancements offer regular value creation milestones in the year ahead.
  

With copper set to play an instrumental role in decarbonization and few new major copper deposits on the horizon, the electric vehicle revolution will rely heavily on new explorers successfully finding the next generation of copper resources. Positioned in an established district still early in modern exploration, Pan Global Resources has assembled an impressive portfolio of properties to capitalize on critical metal demand fundamentals through discovery and resource delineation. Its experienced leadership team is executing a systematic exploration program which has already yielded significant discoveries warranting substantial scale up potential as drilling continues. Attractive assets in safe jurisdictions, industry tailwinds, exploration upside, derisking milestones - Pan Global checks all the boxes for a strong speculation buy and hold in copper.