Pan Global Resources Uncovers Soil Anomaly at Bravo Target Solidifying the Area's Potential

• Pan Global Resources reported positive soil geochemistry results at the Bravo gravity target.
• The results showed 1km+ lead-zinc soil anomaly which coincides with gravity anomaly, suggesting potential mineralization.
• Bravo target is located near La Romana copper-tin-silver discovery in PGZ's Escacena Project in Southern Spain.
• The results indicate possible massive sulphide mineralization beneath the shallow cover.
• An expanded soil survey with ongoing gravity survey could accelerate drilling plans and move significant steps forward in Pan Global's exploration efforts.

Pan Global Resources Inc. (TSXV:PGZ) has announced encouraging soil geochemistry results from its high-priority Bravo target within the 100%-owned Escacena Project in southern Spain's Iberian Pyrite Belt. The company, headquartered in Vancouver, Canada, is actively targeting copper-rich mineral deposits, driven by the metal's strong long-term outlook and critical role in global electrification and energy transition.

The latest results from the Bravo target underscore the potential of the Escacena Project and could represent a significant step forward in Pan Global's exploration efforts. For investors considering Pan Global Resources, these findings highlight the company's ability to identify and pursue promising targets in a region known for world-class mineral deposits. The ongoing exploration program at Bravo, combined with the existing La Romana discovery, positions Pan Global as an attractive option for those seeking exposure to the copper sector and the broader electrification trend.

Bravo Target: A New Frontier in the Escacena Project

The Bravo target represents an exciting new frontier within Pan Global's Escacena Project. Located just 1.5 kilometers east of the company's La Romana copper-tin-silver discovery, Bravo is characterized by a prominent 2km x 1.2km gravity anomaly. This anomaly was initially identified from early-1980s gravity survey data and has been interpreted as potential concealed massive sulphide mineralization.

Tim Moody, Pan Global's President & CEO, expressed enthusiasm about the initial soil geochemistry results:

"The results are very encouraging, highlighting a more-than 1km continuous lead plus zinc surface anomaly coincident with a gravity anomaly at the high-priority Bravo target."

He further noted that lead and zinc commonly occur laterally or above copper-rich mineralization in zoned volcanogenic massive sulphide deposits, adding weight to the potential significance of these findings.

Geochemistry Survey Results

The soil geochemistry survey at Bravo has yielded intriguing results that support the company's hypothesis of concealed mineralization. Key findings include:

1. A continuous lead-zinc soil anomaly extending over 1km east-west and up to 700m north-south.
2. Samples ranging from 300ppm to 1,252ppm combined Pb+Zn, with individual samples reporting up to 1,115ppm Pb and 288ppm Zn.
3. The soil anomaly coinciding with the previously identified gravity anomaly, suggesting a potential link to deeper underlying sulphide mineralization.

These results are based on the analysis of 326 soil samples, representing 57% of the planned Bravo survey area. The samples were collected on a 40m-spacing along lines 100m apart and analyzed using a hand-held x-ray fluorescence (pXRF) device. The spatial interpretation of these results has confirmed the presence of a significant lead-zinc anomaly that aligns with the gravity target.

Implications for Potential Mineralization

The coincidence of the soil geochemistry anomaly with the gravity anomaly at Bravo is particularly encouraging for Pan Global. This alignment suggests that the large Bravo gravity anomaly could indeed represent massive sulphide mineralization concealed beneath shallow cover sediments.

Mr. Moody emphasized the importance of these findings, stating,

"The results support our view that the large Bravo gravity anomaly could represent massive sulphide mineralization concealed beneath shallow cover sediments."

This interpretation is consistent with the geological setting of the Iberian Pyrite Belt, known for its world-class volcanogenic massive sulphide (VMS) deposits.

Expanding the Exploration Footprint

Based on the positive initial results, Pan Global has decided to expand the soil geochemistry survey. The extended survey will now connect with the La Romana copper-tin-silver discovery to the west, potentially linking these two promising areas within the Escacena Project.

This expansion demonstrates Pan Global's commitment to thorough exploration and its ability to adapt its program based on emerging data. By connecting Bravo with La Romana, the company may uncover additional mineralization trends or extensions that could significantly enhance the overall resource potential of the Escacena Project.

Ongoing Gravity Survey: Refining the Target

In addition to the soil geochemistry work, Pan Global is conducting a more detailed ground gravity survey at Bravo. This survey, which is approximately 30% complete, aims to refine the gravity anomaly and provide further guidance for future drilling.

The combination of encouraging geochemistry results and the ongoing gravity survey could accelerate the timeline for drilling at the Bravo target. Mr. Moody noted that this data integration "could bring forward the timing for drilling at the Bravo target," highlighting the potential for rapid progress in the exploration program.

Quality Assurance and Quality Control

Pan Global maintains rigorous quality assurance and quality control (QA/QC) protocols in its exploration programs. For the soil geochemistry survey at Bravo, these measures include:

1. Collecting samples from the top 20cm of soil on a 100m x 40m grid
2. Analyzing samples using an Olympus Vanta hand-held x-ray fluorescence (pXRF) device
3. Repeating analyses on 1 per 20 samples and analyzing standards to check for deviation
4. Planning to send additional sample duplicates to the ALS laboratory in Seville for further validation

These procedures ensure the reliability and accuracy of the geochemical data, providing investors with confidence in the reported results.

Positioning in the Copper Sector

As global demand for copper continues to grow, driven by electrification and renewable energy initiatives, Pan Global Resources is strategically positioned to capitalize on this trend. The company's focus on copper-rich deposits in a tier-one jurisdiction like Spain offers several advantages:

1. Favorable permitting environment in Spain
2. Excellent infrastructure in the Iberian Pyrite Belt
3. Access to skilled mining and professional expertise
4. Support for copper as a Strategic Raw Material by the European Commission

These factors, combined with Pan Global's experienced management team and commitment to responsible exploration, make the company an attractive option for investors seeking exposure to the copper sector.

Investor Considerations and Future Outlook

For investors considering Pan Global Resources, the latest results from the Bravo target offer several positive indicators:

1. Validation of exploration strategy: The coincidence of geochemical and geophysical anomalies supports the company's targeting methodology.
2. Potential for new discoveries: The Bravo target could represent a significant new mineralized zone within the Escacena Project.
3. Proximity to existing discovery: Bravo's location near the La Romana copper-tin-silver discovery suggests the potential for an emerging mineral district.
4. Accelerated exploration timeline: Positive results could lead to earlier-than-expected drilling at Bravo.
5. Multiple exploration targets: The Escacena Project offers numerous opportunities for discovery beyond Bravo and La Romana.

Looking ahead, investors should watch for:

1. Completion and results of the expanded soil geochemistry survey
2. Final results from the detailed ground gravity survey at Bravo
3. Announcement of drilling plans and timelines for the Bravo target
4. Updates on other exploration targets within the Escacena Project
5. Developments in the broader copper market and their potential impact on Pan Global's projects

Conclusion for Investors

Pan Global Resources' announcement of encouraging soil geochemistry results at the Bravo target represents a significant step forward in the company's exploration efforts. The coincidence of geochemical and geophysical anomalies, combined with the target's proximity to the La Romana discovery, underscores the potential of the Escacena Project to host substantial copper-rich mineralization.

As Pan Global continues to advance its exploration program at Bravo and across the Escacena Project, investors can anticipate a steady stream of news and results. With the possibility of accelerated drilling at Bravo and ongoing work at multiple targets, the company is well-positioned to generate significant value through discovery and resource delineation.

In an era of increasing demand for copper and other critical metals, Pan Global Resources stands out as a focused, well-managed exploration company with the potential to make meaningful contributions to the global supply of these essential resources. As such, it merits serious consideration from investors looking to participate in the future of mineral exploration and development.