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Pan Global Resources Inc.

TSXV:PGZLive AI agent

Pan Global Resources Inc.

Investor website: https://www.panglobalresources.com/

About

Pan Global Resources Inc. (TSX.V : PGZ) is a Vancouver based junior resources company actively engaged in base and precious metal exploration in Spain.

Verified company data

Cash position
Exact figure N/A
Shares outstanding
409.26M
Fully diluted shares
466.9
Mineral resource
La Romana: Measured and Indicated: 32.4 Mt at 0.37% Cu, 270 ppm Sn, 1.7 g/t Ag, 0.44% CuEq (119.5 kt Cu, 8.8 kt Sn, 1.7 Moz Ag) – at 0.2 % copper cutoff grade, and Inferred: 4.0 Mt at 0.40% Cu, 71 ppm Sn, 1.4 g/t Ag; 0.42% CuEq (15.8 kt Cu, 0.3 kt Sn, 0.2 Moz Ag) – at 0.2% copper cutoff grade. Cañada Honda: Inferred: 5.0 Mt at 0.65 g/t Au, 0.14% Cu, 1.2 g/t Ag; 0.74 g/t AuEq (104 koz Au, 6.8 kt Cu, 0.2 Moz Ag) – at 0.25 g/t gold cutoff grade.
Projects
["Escacena Project (100%-Owned): Pan Global's Escacena Project comprises a significant land package covering more than 13,000 hectares, immediately neighbors the Aznalcóllar and Los Frailes projects being developed by Grupo México, and is 12km to the west of Resource Capital Fund’s Cobre Las Cruces Mine. Atalaya’s operating Riotinto Mine is 23km to the northwest. At Escacena, the 2026 drill program aims to grow the copper resource base with new discoveries at the target-rich Project. The Escacena Project includes Mineral Resource Estimates at the La Romana copper-tin-silver and Cañada Honda copper-gold deposits, and hosts 15 other prospective targets for follow-up. The 2026 drill program aims to grow Pan Global’s copper resource base through targeted, high-confidence exploration drilling to discover new mineralization. Up to 15 untested targets have been identified for follow-up, with drilling also planned at the Cortijo target at Escacena North and the Trinidad and Carmen targets on the newly awarded Escacena South property. Drilling will also test for extensions to the La Romana (copper-tin-silver) and Cañada Honda (copper-gold) deposits.","Cármenes Project (100%-Owned): In 2024, the Company added a highly prospective new project to its project pipeline with the Cármenes Project located approx. 55km north of León in northern Spain, comprised of five Investigation Permits over 5,653 hectares. The Project area is highly prospective for multiple bodies or “clusters” of carbonate-hosted “pipe-like” breccia style copper, nickel, cobalt, and gold mineralization. The area includes the former Providencia and Profunda mines that last operated in the 1930s and produced concentrates of copper and cobalt with nickel. Numerous other smaller historical mine workings in the area highlight potential for additional breccia pipes. These types of ore deposits can have significant vertical dimensions exceeding 1km. In January 2025, the Company announced initial soil sample results from the Providencia target, with grade of gold up to 24.3g/t gold and 16.2% copper. In February 2025, a channel sample of 37 meters averaging 3.1g/t gold in an exploration adit confirmed significant near-surface mineralization east of the old mine workings. As a result, Pan Global expanded its drill test program at the target.","Águilas Project (100%-Owned): The Águilas Project includes nine Investigation Permits, covering approximately 16,300 hectares in northern Andalucia, Spain. Main targets are major cross cutting fault zones in the Pedroches Batholith, including the Torrubia and Zumanjo Trends. IOCG style Cu along the >16 km Northeast oriented Torrubia copper trend. Mineral rights cover the >20km Northwest oriented Zumajo Mine Trend with high grade vein/breccia style Pb-Ag (Zn). Torrubia Trend – in May 2019 drilling confirmed wide zones of breccia and Iron Oxide Copper-Gold (IOCG) style mineralization over several kilometers strike length. Results included 16m @ 0.30% Cu, 30.5ppm Co, 0.6 g/t Ag, 0.05 g/t Au in drill hole TOR-01, including 0.8m @ 2.65% Cu, 125ppm Co, 3 g/t Ag, 0.004g/t Au and 0.7m @ 1.85% Cu, 240ppm Co, 2.1 g/t Ag, 0.02 g/t Au, and 0.7m@ 0.55 g/t Au. For complete May 2019 drill results please click here. Reconnaissance drill holes completed in November 2019 at the Torrubia North target included seven wide-spaced diamond drill holes spread over approximately 1.6 km of strike with hole spacing from 150 to 600 meters and average hole length of 138 meters. Drill holes extend the Torrubia copper trend and confirm a steep west-dipping zone of multi-stage breccia up to 68 meters thick. Several drill holes intersected strongly copper-mineralized clasts within the breccia, providing evidence of an early copper rich stage and exploration potential along the Torrubia structure at depth. High gold values in hole TN-06 are associated with quartz pyrite veins and indicate a separate gold stage."]
Leadership
Leadership Team: Tim Moody President, CEO & Director Mr. Moody has more than 30 years of experience in the mining industry including mineral exploration, resource assessment, business development, strategy and government relations. He spent 24 years with Rio Tinto, where he held the posts of Exploration Director (2005-2010) and Vice President and Director of Business Development (2010-2015). He currently holds directorships on the boards of Mirasol Resources, Prism Resources, and Indico Resources. Mr. Moody has a Bachelor of Science in Geology and Geophysics (Honours) from the University of New England. He is a graduate of the Senior Leadership Program from the London Business School, a graduate of the Business Leadership Development Program from the Australian Graduate School of Management and a Fellow of the Society of Economic Geologists. Justin Byrd Chief Financial Officer Mr. Byrd served as Chief Financial Officer for Mayfair Gold where he managed all finance, accounting, and corporate secretarial functions whilst progressing from private company, through initial public offering on the TSX Venture Exchange. Prior to this, he held finance roles outside of mining in public and private companies where he was involved in cost analysis, forecasting, inventory management, pricing, and financial modelling. He has a Master of Business Administration from Arizona State University and a Master of Science in Economics and Finance from Southern Illinois University. Juan Garcia Valledor General Manager Spain Juan is a Mining Engineer with more than 28 years project development, open-pit mining and operational experience from mine design to mine closure in Spain, including roles as operations manager at Rio Tinto's talc mining operations, re-opening the Alquife iron ore open-pit mine in Granada, and operations manager at W Resources La Parrilla tungsten/tin mine going from development to production. Álvaro Merino Vice President Exploration Mr. Merino has more than 20 years of experience in the mining industry in exploration, engineering, and mining sectors. His career has taken him to Chile, Bolivia, Mexico and Spain, working on projects in different stages both in junior exploration as well as active open-pit and underground mines. Mr. Merino has a Bachelor of Science degree in Geology and a degree in Mining Engineering from Huelva University, and is a member of the Official College of Geologists of Andalusia (ICOGA), Official Association of Technical Engineers and Graduates in Mines and Energy (COITGME) and European Federation of Geologists (EFG). He has served as Qualified Person for several exploration companies. Álvaro has been an important part of the Pan Global geology team since the company was established in Spain and serves as Pan Global’s Qualified Person for NI 43-101. Jason Mercier Vice President Investor Relations and Communications Mr. Mercier is an investor and media relations professional with more than 25 years of experience acquired in a range of mining companies, from exploration-stage juniors to a $15 billion market cap producer. Most recently, he was the global investor relations and external communications lead for a base and precious metals producer with mines in Canada, Burkina Faso, and Namibia. Mr. Mercier’s past communications successes are grounded in a journalism degree, and he has significant experience building investor support at the institutional, family office, and retail levels. Bárbara Gómez HSE & Relations Manager Spain Bárbara is a mining engineer and brings a wide range of experience to her role at PanGlobal. She has most recently managed her own consultancy in Spain specializing in permitting and government relations, as well as health and safety. Throughout her more than 20-year career, she has participated in most of the mining projects in the Iberian Pyrite Belt, including Las Cruces, AguasTeñidas, Aznalcóllar, Magdalena and Sotiel. She has a Masters degree in H&S and an Executive MBA from San Telmo Business School. Board of Directors: Patrick Evans Chairman and Director Patrick Evans is a senior mining executive having previously served as CEO of Dominion Diamond Mines, Mountain Province Diamonds, Kennady Diamonds, Norsemont Mining (acquired by Hudbay Minerals), Weda Bay Minerals (acquired by Eramet S.A.), Southern Platinum (acquired by Lonmin PLC), Messina Platinum, Mayfair Gold, and SouthernEra Resources. Mr. Evans was also Vice President of Placer Dome Inc. and chairman of Mirasol Resources. Mr. Evans is a graduate of the University of Cape Town and served as Consul-General of South Africa to Canada (1994-1998). Tim Moody Director Mr. Moody has more than 30 years of experience in the mining industry including mineral exploration, resource assessment, business development, strategy and government relations. He spent 24 years with Rio Tinto, where he held the posts of Exploration Director (2005-2010) and Vice President and Director of Business Development (2010-2015). He currently holds directorships on the boards of Mirasol Resources, Prism Resources, and Indico Resources. Mr. Moody has a Bachelor of Science in Geology and Geophysics(Honours) from the University of New England. He is a graduate of the Senior Leadership Program from the London Business School, a graduate of the Business Leadership Development Program from the Australian Graduate School of Management and a Fellow of the Society of Economic Geologists. Roger Davey Director Mr. Davey has more than 40 years’ operational experience at senior management and director level in the mining industry in Africa, South America and Europe. His experience at senior management level includes feasibility studies, financing, construction, development, commissioning and operational management of both underground and surface mining operations in gold and base metals. From 2010 to 2024 he was a non-executive Director and Chairman of Atalaya Mining and is presently on the Boards of Central Asia Metals and Tharisa plc. Previous positions include 13 years (1998-2010) as an Assistant Director and the Senior Mining Engineer at NM Rothschild (London) in the Mining and Metals project finance team. He holds an MSc in Mineral Production Management (Royal School of Mines, Imperial College, London); plus an MSc in Water Resource Management and Water Environment (Bournemouth University); Chartered Engineer; European Engineer; Associate of the Camborne School of Mines (‘ACSM’); Member of the Institute of Materials, Minerals and Mining (‘IMMM’). Patrick Downey Director Mr. Downey has been a director of Pan Global Resources Inc. since January 2008. He has over 30 years of international experience in the resource industry. Mr. Downey held the position of President, Chief Executive Officer and Director of Elgin Mining Inc., Aura Minerals Inc. and previously Viceroy Exploration Ltd. before its acquisition by Yamana Gold Inc. in 2006. He has held numerous senior engineering positions at several large-scale global gold mining operations and has also held operating positions at several mining projects for Anglo American Corporation in South Africa. Mr. Downey was a member of the boards of Claude Resources and Dalradian Resources before their recent successful acquisitions and he is a member of the board of a number of active resource companies. He holds a Bachelor of Science (Hon.) degree in Engineering from Queen’s University. Brian Kerzner Director Mr. Kerzner has over 23 years of experience as a successful entrepreneur in the retail and real estate industries. He is the founder and President of Rocky Mountain Chocolate Factory Canada Inc which operates retail stores through-out Canada. He has also established several private companies that have completed extensive residential and commercial developments in Phoenix, Toronto, Vancouver and Whistler. Mr. Kerzner has been broadly involved in providing seed capital for many successful public and private companies in the resource, environmental and technology sectors. He was a Director of Norsemont Mining Inc until its acquisition by Hudbay Minerals in 2011 and is currently on the Board of Directors of Prism Resources Inc and Indico Resources. Mr. Kerzner is a graduate of the University of Toronto Bachelor of Commerce (Honours) program. He is a member of the BC Children’s Hospital Circle of Care and is actively involved in many other charitable organizations. Bob Parsons Director Mr. Parsons is a Chartered Professional Accountant (CPA, CA) and retired PricewaterhouseCoopers (PwC) partner where his career spanned 34 years heading up the firm’s global mining practice. As an independent consultant Mr. Parsons has advised more than twenty governments around the world on mineral policy matters and has served on the board of directors of nine listed mineral exploration companies. He is currently a director of Indico Resources Ltd, Prism Resources Inc and Pan Global Resources Inc. He has served on the boards of the PDAC (1985-2003), the Indonesian Mining Association, the Canada Indonesia Chamber of Commerce, the World Mines Ministries Forum, the Canadian Minerals Industry Federation, the Advisory Council of the Centre for Resource Studies at Queens University, and the Professional Advisory Board of the Government of Canada’s Petroleum Monitoring Agency. In 2005, the PDAC presented Mr. Parsons with their Distinguished Services Award, and in 2013 the Government of Canada awarded him the Queen Elizabeth II Diamond Jubilee Medal for his contribution to Canada’s mining industry. Mr. Parsons is a graduate of McGill University (B.Com, 1968). Corinne Smit Director Corinne Smit has almost two decades of experience working in managerial positions for publicly listed mining companies and in public accounting practice. She has extensive experience in all aspects of commercial mining operations including development of strategy, export logistics and supply chain management, marketing/sales, budgeting and forecasting, risk management, and hedging. She currently serves Newmont Corporation as Head, Sales and Marketing, Global (Concentrates and Dore). Her previous roles include Director, Marketing and Logistics for Nevada Copper, Senior Marketing Manager for Nevsun Resources, and Concentrate Marketing Manager for Capstone Mining Corp. Ms. Smit is a Certified Public Accountant and began her career in Audit and Assurance for PwC in Vancouver and Hong Kong.

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