Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Pan Global begins 2026 drilling at Escacena

By The Northwire Desk — AI Analysis Feb 23, 2026 · 17:13 PGZ · 0.15 Pan Global Resources Inc.
PGZ · Price

Executive Summary

  • Pan Global Resources Inc. has commenced its 2026 drill program at the Escacena project in Spain, starting with the El Pozo target.
  • The initial phase involves up to four drill holes testing a large, previously untested target defined by historical mine workings, soil anomalies, and geophysical responses.
  • The broader 2026 program aims to expand the copper resource base, with up to 15 untested targets identified across Escacena North, Escacena South, and extensions of existing deposits.

Key Details

  • Drilling Commencement: Drilling has started at the El Pozo target, the first of the 2026 multitarget drill program at the 100%-owned Escacena project.
  • Target Location: El Pozo is located less than 3 km north of the La Romana copper-tin-silver deposit and 2 km along trend west of the Canada Honda copper-gold deposit.
  • Initial Drilling Scope: Up to four drill holes will test a large, previously untested target.
  • Target Characteristics: The target is defined by:
    • Historical mine workings (including a small shaft with no known past production).
    • Coincident copper-zinc soil sample anomalies.
    • Strong induced polarization, electromagnetic, and gravity responses.
  • Geological Context: Drilling aims to test for mineralization extending beneath historical mine workings associated with large geophysics targets, potentially indicating a volcanic massive sulphide system strengthening at depth.
  • 2026 Program Overview:
    • Goal: Expand copper resource base through targeted, high-confidence exploration.
    • Targets: Up to 15 untested targets identified.
    • Additional Drilling Locations:
      • Cortijo target at Escacena North.
      • Trinidad and Carmen targets on the newly awarded Escacena South property.
      • Extensions to La Romana (copper-tin-silver) and Canada Honda (copper-gold) deposits.
  • Results Timeline: Results will be announced as soon as they are available.

Notable Quotes

  • "El Pozo is a compelling, large-scale target to initiate the 2026 Escacena drill campaign. The alignment of geophysics and copper geochemistry, including a soil-copper anomaly trending over 1.6 km east-west and geophysics anomalies extending beneath the historical mine workings, are strong indicators of a volcanic massive sulphide mineralized system, potentially strengthening at depth," said Tim Moody, president and chief executive officer.
Read the original news release →

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