Intro

Pan Global Resources provided a thorough exploration update from the Escacena Project in the Iberian Pyrite Belt, southern Spain. The portfolio of new copper and gold targets has significantly expanded in 2025 with the addition of the new Escacena South area and a new gold discovery at the Cármenes Project in northern Spain. Work on the maiden mineral resource for the copper-tin-silver La Romana deposit is progressing well for delivery by year-end.