Pan Global Resources Expands Gold Mineralization at Providencia Project, Spain
Pan Global Resources Inc. has reported a surface gold mineralization expansion at the Providencia project to 80 meters with an average of 2.36 g/t gold. The ongoing exploration program includes drilling and sampling that has uncovered additional copper, nickel, and cobalt high-grade zones.
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The surface gold mineralization at the Providencia site has reached 80 meters with an average of 2.36 g/t gold. Additional high-grade zones of copper (2.40%), nickel (0.83%), and cobalt (0.27%) over 9 meters indicate a polymetallic breccia system.
Systematic underground sampling at the 1,438-meter level suggests that mineralization is widening in various directions. The analysis of six completed drill holes is expected to yield further insights. The findings underscore the importance of continued exploration, as previous mining did not focus on gold, indicating a potentially significant discovery.
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