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TSXV: PGZ,OTC:PGZFF | OTCQB: PGZFF | FRA: 2EU
- Confirms vast zone of near-surface gold mineralization up-dip from drill intercepts with copper-gold VMS-style and gold-only mineralization at Cañada Honda discovery
- 3-km-long gravity and EM anomaly highlights potential for a large-scale deposit
- Sturdy potential to develop each gold and copper mineralization
Pan International Assets Inc. (“Pan International” or the “Firm”) (TSXV: PGZ,OTC:PGZFF) (OTCQB: PGZFF) (FRA: 2EU) is happy to announce the outcomes of steady twin saw-cut channel sampling inside a historic mine tunnel on the Cañada Honda goal within the Firm’s 100%-owned Escacena Undertaking (“Escacena”) within the Iberian Pyrite Belt, southern Spain. The channel sampling follows a maiden 16-hole drill marketing campaign accomplished in 2024 on the jap finish of the Cañada Honda goal. The outcomes assist concentrating on for a Part 2 exploration drill program at Cañada Honda in 2026.
“This steady 26-meter (m) interval grading 1.14 grams per tonne (g/t) gold additional confirms the presence of great mineralization from floor on the Cañada Honda discovery. Drilling in the course of the Part 1 program in 2024 was targeted on the east finish of a giant, 3-kilometre (km) coincident gravity and electromagnetic anomaly. The outcomes display the potential for a a lot bigger copper-gold system on the Cañada Honda discovery,” mentioned Tim Moody, Pan International’s President and CEO.
“The portfolio of latest copper and gold targets has considerably expanded in 2025 with the addition of the brand new Escacena South space and a brand new gold discovery on the Cármenes Undertaking in northern Spain. Work on the maiden mineral useful resource for the copper-tin-silver La Romana deposit is progressing nicely for supply by year-end. The 2026 exploration program is shaping as much as be certainly one of our most fun thus far.”
Highlights
- New assay outcomes returned 1.14 g/t gold (Au) over 26m (open; begins and ends in mineralization), together with 1.64 g/t Au and 0.16% copper (Cu) over 6m and a pair of.52g/t Au over 6m from a steady channel pattern in a historic mine tunnel on the Cañada Honda goal.
- The outcomes verify a large zone of near-surface gold mineralization, extending 150m up-dip from the closest drillhole (CHD10) and 450m dip-extent (open at depth and along-strike).
- Drilling to-date intersected copper-gold volcanogenic large sulphide (VMS)–model mineralization and stacked gold-bearing veins within the hanging wall, with potential ore grades and thickness. See July 18, 2024 media launch for the latest Cañada Honda drill outcomes.
- The copper-gold mineralization is coincident with each a gravity anomaly and a helicopter-borne electromagnetic (EM) resistivity-low anomaly that extends for roughly three kilometres east–west, indicating giant measurement potential.
- Solely a small portion of the Cañada Honda geophysics goal is examined to-date, primarily on the jap finish the place mineralization is nearest floor.
- Extra geochemical sampling and drilling is warranted to check for potential enlargement of the close to floor mineralization, along with additional drilling to check for potential deeper VMS mineralization.
Cañada Honda Subsequent Steps
- Extra floor geochemical sampling to guage the lateral extent of near-surface gold mineralization;
- Continued geological mapping and structural interpretation to refine drill targets; and,
- Potential step-out drilling to focus on enlargement of the close to floor mineralization, and check for extra VMS-style copper-gold mineralization related to the deeper extensions of the coincident gravity and EM anomalies.
Assay outcomes are pending for ongoing drill packages on the Escacena and Cármenes Initiatives, with drilling at present in-progress on the Bravo and Providencia targets.
Desk 1 – Cañada Honda Channel Pattern assay outcomes abstract
|
From |
To |
Interval |
Cu |
Au |
Ag |
|
North |
South |
m |
% |
g/t |
g/t |
|
0 |
26 |
26 |
0.06 |
1.14 |
1.5 |
|
0 |
6 |
6 |
0.16 |
1.64 |
2.0 |
|
20 |
26 |
6 |
0.03 |
2.52 |
2.5 |
|
20 |
21 |
1 |
0.09 |
11.30 |
8.2 |
In regards to the Escacena and Escacena South Undertaking areas
The Escacena and Escacena South Undertaking contains a big, contiguous mineral rights land bundle managed 100% by Pan International within the east of the Iberian Pyrite Belt. The realm has been expanded from 5,760-hectares to greater than 10,000-hectares with the award of the Flores, Rosario and Girasoles mineral rights in September 2025. Pan International has additionally submitted 4 further Investigation Allow purposes protecting 3,888-hectares (Inmaculada, Santa Isabel, Santa Micaela I and Santa Micaela II) that can additional enhance the mineral rights holdings within the Iberian Pyrite Belt to greater than 13,900-hectares. Escacena is situated close to the working mine at Riotinto and is instantly adjoining to the previous Aznalcóllar and Los Frailes mines the place Minera Los Frailes (Grupo México) is commencing a brand new underground mine improvement beneath the previous Los Frailes open-pit mine. The Escacena Undertaking hosts Pan International’s La Romana copper-tin-silver deposit, the Cañada Honda copper-gold discovery, and quite a lot of different potential targets.
About Pan International Assets
Pan International Assets Inc. is actively exploring for copper-rich mineral deposits together with gold and different metals. Copper has compelling supply-demand fundamentals and outlook for sturdy long-term costs as a important steel for world electrification and vitality transition. Gold can be attracting file costs.
The Firm’s flagship Escacena Undertaking is situated within the prolific Iberian Pyrite Belt in southern Spain, the place a beneficial allowing monitor file, glorious infrastructure, mining {and professional} experience, and assist for copper as a Strategic Uncooked Materials by the European Fee collectively outline a tier-one low-risk jurisdiction for mining funding. The Firm’s second undertaking, at Cármenes in northern Spain, can be an space with an extended mining historical past and glorious infrastructure. The Pan International staff contains confirmed expertise in exploration, discovery, improvement, and mine operations – all of that are dedicated to working safely and with utmost respect for the setting and our partnered communities. The Firm is a member, and operates underneath the rules, of the United Nations International Compact.
To study extra about Pan International Assets, please go to the Firm’s Curation Join showcase and discover AI-generated responses to your enquiries at https://app.curationconnect.com/firm/Pan-International-Assets-44037?utm_source=pg_mediareleases
Certified Individuals
Álvaro Merino, Vice President Exploration for Pan International Assets and a professional individual as outlined by Nationwide Instrument 43-101, has authorized the scientific and technical data for this media launch. Copper occurrences reported for the Escacena South property are historic in nature having been collected within the Nineteen Eighties by earlier operators Exxon, and compiled and derived from unpublished maps. Mr. Merino is just not impartial of the Firm.
Cañada Honda sampling particulars and QA/QC
A complete of 26 rock-chip samples have been collected constantly alongside the facet partitions of the historic mine tunnel inside a horizontal twin saw-cut channel, and every pattern representing 1.0 meter of channel size. Sampling was carried out underneath the direct supervision of Certified Individual, following greatest business practices. An in depth third-dimensional survey was additionally accomplished from inside tunnel, permitting exact location of the channel samples. The sampling outcomes are thought of to be of ample high quality and reliability for potential inclusion in a future mineral useful resource estimate.
Rock samples have been delivered to the ALS pattern preparation facility in Seville, and assayed on the ALS facility in Eire. All samples have been crushed, break up and pulverized utilizing strategies CRU-31, SPL-22Y and PUL-31. Gold evaluation was by 50gm Fireplace assay with ICP end (Au-ICP22). Multi aspect evaluation was undertaken utilizing a 4-acid digest with ICP-AES end (ME-ICP61). Over-grade samples have been analyzed utilizing 4-acid digest with ICP-AES end for base metals (OG62), and Fireplace Assay with Gravity End for gold (Au-GRA22). Licensed reference supplies have been inserted at a 1/25 samples.
www.panglobalresources.com
Ahead-looking statements
Statements which aren’t purely historic are forward-looking statements, together with any statements relating to beliefs, plans, expectations, or intentions relating to the long run. You will need to notice that precise outcomes and the Firm’s precise outcomes may differ materially from these in such forward-looking statements. The Firm believes that the expectations mirrored within the forward-looking data included on this media launch are cheap, however no assurance may be provided that these expectations will show to be appropriate and such forward-looking data shouldn’t be unduly relied upon. Dangers and uncertainties embrace, however are usually not restricted to, financial, aggressive, governmental, environmental, and technological components that will have an effect on the Firm’s operations, markets, merchandise, and costs. Readers ought to seek advice from the chance disclosures outlined within the Firm’s Administration Dialogue and Evaluation of its audited monetary statements filed with the British Columbia Securities Fee.
The forward-looking data contained on this media launch is predicated on data out there to the Firm as of the date of this media launch. Besides as required underneath relevant securities laws, the Firm doesn’t intend, and doesn’t assume any obligation, to replace this forward-looking data.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/pan-global-samples-1-14-gt-gold-over-26-meters-from-near-surface-at-canada-honda-target-escacena-project-southern-spain-302616457.html
SOURCE Pan International Assets Inc.
View authentic content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/November2025/18/c8082.html
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