Pan Global Resources Inc. (TSX-V: PGZ | OTCQB: PGZFF) has commenced diamond drilling at its Romana West target at the company’s wholly-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
New detailed geophysics, geochemistry, and geological surveys, along with the location of historical mine workings, highlight the potential to extend the La Romana Cu-Sn-Ag mineralization for more than 800m to the west. Drilling also continues at the high priority Cañada Honda target.
Tim Moody, Pan Global’s president and CEO said, “We are excited to have the first drill turning on the high-priority Romana West copper target as exploration in the Escacena Project continues to accelerate. Mineralization at La Romana has already been defined over a strike of over one km and has the potential to expand to more than two km at the contiguous Romana West target.”
“The first 13 drill sites have been positioned as part of an initial 25 to 30 drillhole campaign with the goal of extending the La Romana near-surface Cu-Sn-Ag mineralization. A second drill rig is expected to arrive in approximately three weeks.” Said Mr. Moody.
The Romana West target includes the westward projection of a large gravity anomaly coincident with the La Romana mineralization and potential extension to the near-surface La Romana Cu-Sn-Ag mineralization.
Drilling to date shows that the mineralization extends over approximately 1.2km of strike and remains wide open to the west in the direction of the historical La Romana mine workings. The mineralization also remains open down dip in several areas.
The planned drill programme at Romana West includes 25 to 30 drill holes, approximately 6,000m, on north-south lines 100m apart to delineate the western extent of the near-surface La Romana mineralization.
Ongoing geophysics and geochemistry surveys will be used to prioritize and refine drill hole locations.
After recently securing surface access to the Romana West target, detailed gravity, Induced Polarity (IP), soil geochemistry, and geological surveys commenced and is ongoing in the surrounding area.
Geological mapping and lidar surveys are in progress over the historical mine workings.
To find out more, please visit www.panglobalresources.com.
