Pan Global's Aggressive 2024 Campaign to Deliver Copper Resource

• Pan Global Resources raised over $6 million in 2023 despite tough markets
• Plans to expand drilling at La Romana copper discovery in Spain and advance the project towards a maiden resource estimate
• Also drilling new Cañada Honda discovery while growing pipeline of additional targets in the area
• Focus on speed to production given favorable jurisdiction, infrastructure and geometry
• Roadshow aimed at showcasing potential near-term producer status and additional exploration upside

About Pan Global Resources

Pan Global Resources Inc. is a company actively targeting copper-rich mineral deposits, given copper's strong supply-demand fundamentals and positive long-term price outlook as a critical metal for global electrification and energy transition. The company's flagship Escacena Project is located in southern Spain's prolific Iberian Pyrite Belt, where favorable permitting, excellent infrastructure, abundant mining expertise, and the European Commission's designation of copper as a Strategic Raw Material make it an attractive region for mining investment.

The Pan Global team has proven talent and experience in mineral exploration, discovery, project development, and mine operations. The company states that it is committed to operating safely and respecting the environment and partner communities. Pan Global is a member of and aligns its principles with the United Nations Global Compact.

Interview with President & CEO, Tim Moody

Pursuing Near-Term Copper Production & New Discoveries

Pan Global Resources is aggressively advancing its copper project in southern Spain to delineate an initial resource and demonstrate potential for near-term production. The company raised over $6 million in November 2023, providing funding for an extensive drilling campaign.

“ I'm glad we've got that money because we can we can get on with business in 2024 which is what everyone wants,” said CEO Tim Moody.

The priority is to expand drilling at the La Romana discovery, the most advanced project. "We're going to hit the ground running with drilling at Cañada Honda and continue to delineate the Western extension of La Romana so I can see 20 to 30 drill holes probably 3,000m or 4,000m over the next few months,” outlined Moody.

The focus is still growing the deposit after a 25% increase in scale last year. “It's still growing but that's what we've got to do. An important milestone for us will be delineating the full extent of that mineralization so that we could come out with a resource," he explained. Moody believes an initial resource estimate would be an important catalyst. “That would be a good Catalyst event it helps to realize value for shareholders so hopefully that is an important price catalyst for us so that's why we've got to do that work," he said.

Beyond expanding La Romana, Pan Global is also drilling the new Cañada Honda discovery and advancing earlier-stage targets in its exploration pipeline. The aim is to demonstrate additional discovery potential surrounding La Romana.

Additional Discoveries to Increase Scale & Resource

"If we make another discovery that could become part of the same mining complex, we could double the size of the resource. Those are where you get the really big lifts to the share price and the value value of the company," explained Moody.

Speeding the path to potential production is a strategic priority given the advantages of operating in Spain. The project also benefits from established infrastructure, amenable geometry, and minimal technical complexity.

“Great jurisdiction for permitting, mining-friendly location, good infrastructure, near-surface mineralizations so technically not very challenging. These are all great attributes," highlighted Moody.

He believes the company could potentially put a deposit into production within 3-4 years from releasing an initial resource estimate. “That is pretty special in today's environment. We were talking before about mines globally have been getting deeper, they're getting more technically challenging, taking longer to get into economic production," said Moody. This rapid timeline is rare compared to typical development projects. “It's getting more expensive to mine as mines go deeper as well and in difficult and more challenging environments for permitting and with geopolitical risk as well. We're not blighted with any of those things. We have a great location, great mining geometry, mineralisation starting near surface and therefore low cost. All of these things that you want to have, so I think those are the messages I want to get out there to investors," he stated.

North American Interest

Moody is conducting North American roadshows to highlight the company's unique positioning. “It's a pretty secure investment in some respects given that we already have a discovery. We have something here that has a very good potential to be in mine. That's a great foundation," he pitched. He also emphasized significant additional upside potential from new discoveries. "Add to that the upside we've got here. The potential to make additional discoveries! We're demonstrating that and we have this great pipeline of other opportunities," he added.

Finally, Moody pointed to the strong in-country team advancing the project. "Another important element is the team the team on the ground. We have two mining engineers. I've mentioned before which is a little unusual for an exploration company," he noted. With drilling set to restart imminently and pending assay results, Pan Global Resources offers investors exposure to a potential near-term copper producer with extensive additional exploration upside in a secure and stable jurisdiction.

The Investment Thesis for Pan Global Resources

• Advanced La Romana copper discovery advancing rapidly to maiden resource estimate and potentially fast-tracked production given favorable jurisdiction
• Cañada Honda discovery and additional earlier-stage targets provide significant exploration upside and could augment a La Romana mining operation
• Extensive 2024 drilling campaign funded by over $6 million financing to catalyze resource definition and new discoveries
• Strong Spain-based technical team leading rapid project development
• Attractive entry point with market capitalization not yet reflecting assets and timeline

Pan Global Resources has the funding and drilling underway to aggressively advance the La Romana copper discovery towards an initial resource estimate and potential near-term production. The company also has significant exploration upside from the new Cañada Honda discovery and earlier-stage targets that could eventually supplement a La Romana mine. With drilling set to accelerate, 2024 could prove a major catalyst year for Pan Global as it works towards demonstrating a clear path to copper production in stable Spain.