Pan Global Resources Inc. today announced that due to strong demand, its previously announced C$10 million "bought deal" private placement financing has been increased further from C$12 million to C$13 million. The Company has further increased the financing to accommodate long-standing shareholders who have provided strong support to the Company. The Company announced on May 21, 2021 that it had entered into an [...]
Pan Global Resources Inc. today announced that due to strong demand, its previously announced "bought deal" private placement financing has been increased from C$10 million to C$12 million. The Company announced yesterday that it had entered into an engagement letter with a syndicate of underwriters co-led by Canaccord Genuity Corp., Sprott Capital Partners, and Echelon Wealth Partners Inc. , pursuant to which the [...]
PanGlobal Resources Inc. is pleased to announce that the Company has entered into an engagement letter with a syndicate of underwriters co-lead by Canaccord Genuity Corp. & Sprott, and Echelon Wealth Partners, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis 16,667,000 common shares of the Company for gross proceeds of approximately C$10 million . The Common Shares [...]
Pan Global Resources Inc. is pleased to announce that drilling continues to expand the La Romana copper target at the Escacena Project with significant intercepts of near surface high-grade results. La Romana is located approximately 6km southwest of the former Aznalcollar open pit mine and approximately 15km west of the Las Cruces copper mine, in the Iberian Pyrite Belt, southern Spain. Tim Moody, Pan Global President [...]
Near surface high grade copper-tin-silver mineralization extended to more than 700m strike length, including supergene chalcocite, and remains open along strike, down-dip and up-dip New shallow, wide intercepts extending the copper zone eastwards, with LRD36 returning 23m at 1.06% CuEq , including 11m at 1.74% CuEq and LRD32 returning 68m at 0.52% CuEq , including 10.8m at 1.43% CuEq Assays pending for 8 additional [...]
Continued high-grade intercepts including 18m at 1.0% Cu eq, 6m at 2.44% Cu eq, 10.6m at 1.55% Cu eq and 10.35m at 1.23% Cu eq Exceptionally high-grade massive sulfide with up to 17.05% Cu, 0.16% Co, 42.7g/t Ag, 0.22g/t Au over 0.43m Thick copper, tin, silver intervals to within 0.5m from surface, including 67.5m at 0.54% Cu eq and 50.1m at 0.50% Cu eq extending the open pit target which remains open in several directions [...]
Pan Global Resources Inc. is deeply saddened to announce that after a short illness Bob Baxter has passed away at the age of 60. "We are deeply saddened by the passing of our dear friend and colleague," said Tim Moody, President and CEO. "Bob was one of the finest geologists I've had the privilege to work with. He was energetic, smart and always filled the room with his joyous laughter. He will be deeply missed by all who [...]
4,500m drill program targeting extensions of the high-grade mineralization in all directions at the La Romana copper prospect Highlights: Drilling has resumed at the company's La Romana target 20 drill holes for 4,500m are planned aimed at extending the copper mineralization in all directions, including extending the near surface copper mineralization in the west and extensions of the high-grade massive chalcopyrite in [...]
Strong copper mineralization in all three drill holes; One of the best holes to date from Hole LRD20 returning 26.5m at 1.29% Cu equivalent, including 11m at 2.31% Cu equivalent from near surface in the west; Hole LRD19 returning 15m at 1.44% Cu equivalent, including 1.75m at 6.41% Cu equivalent extending the high-grade zone in the east Pan Global Resources Inc. is pleased to report excellent results for an additional [...]
New drill hole intersects 24.4m at 1.03% Cu equivalent, including 7.2m at 2.05% Cu equivalent and confirms continuity of the high-grade mineralization Pan Global Resources Inc. is pleased to report excellent results for an additional three drill holes from the Phase 3 drill program at the La Romana target, in the Escacena Project. Results are pending for a further eight drill holes and five additional holes will test new [...]
HIGHLIGHTS INCLUDE: New geophysics survey shows excellent continuity and potential increase in thickness up-dip of exceptionally high grade massive chalcopyrite drill intersections Phase 3 drill program expanded Gravity survey underway Pan Global Resources Inc. is pleased to report very encouraging results from a new mise à la masse geophysics survey at the La Romana target in the Escacena Project. The MALM survey shows [...]
HIGHLIGHTS INCLUDE: Massive chalcopyrite in consecutive drill holes with exceptionally high grades of 15.1% Cu / 16.5% Cu equivalent which remains wide open Near surface copper, tin, silver mineralization extended to the West New IP results significantly expand the La Romana target from the recent exceptional high grade drill results to the East Pan Global Resources Inc. is pleased to report positive results for all seven [...]