PAN GLOBAL FILES NI 43-101 TECHNICAL REPORT FOR INITIAL MINERAL RESOURCE ESTIMATES AT THE ESCACENA PROJECT, SOUTHERN SPAIN

Executive Summary

• Pan Global Resources Inc. filed an independent NI 43-101 Technical Report for its Escacena Project in southern Spain, detailing initial Mineral Resource Estimates (MREs) for the La Romana and Cañada Honda deposits.
• The La Romana deposit (Cu-Sn-Ag) contains 32.4 Mt of Measured and Indicated resources and 4.0 Mt of Inferred resources, with a substantial portion constrained within a conceptual open-pit shell.
• The Cañada Honda deposit (Au-Cu-Ag) contains 5.0 Mt of Inferred resources, with additional unclassified mineralization identified, indicating potential for further resource delineation.

Key Details

• La Romana Deposit (Cu-Sn-Ag) at 0.2% Cu cut-off:
  • Measured and Indicated: 32.4 Mt containing 119.5 kt Cu, 8.8 kt Sn, and 1.7 Moz Ag.
  • Average Grades (M&I): 0.37% Cu, 270 ppm Sn, 1.7 g/t Ag, and 0.44% CuEq.
  • Inferred: 4.0 Mt containing 15.8 kt Cu, 0.3 kt Sn, and 0.2 Moz Ag.
  • Average Grades (Inferred): 0.40% Cu, 71 ppm Sn, 1.4 g/t Ag, and 0.42% CuEq.
  • Includes a substantial portion of resources constrained within a conceptual open-pit shell, indicating potential for a higher-grade starter pit.
• Cañada Honda Deposit (Au-Cu-Ag) at 0.25 g/t Au cut-off:
  • Inferred: 5.0 Mt containing 104 koz Au, 6.8 kt Cu, and 0.2 Moz Ag.
  • Average Grades: 0.65 g/t Au, 0.14% Cu, 1.2 g/t Ag, and 0.74 g/t AuEq.
  • Additional unclassified mineralization identified, indicating potential for further resource delineation.
• General Resource Status:
  • Resources at both La Romana and Cañada Honda remain open along strike and at depth.
  • Effective date for MREs is December 31, 2025.
  • Ongoing exploration is focused on expanding the resource base and targeting extensions of existing resources and new mineralization on other mineralized corridors.
• Equivalent Grade Calculations:
  • CuEq (%) = Cu (%) + [Sn (%) × 2.2241] + [Ag (g/t) × 0.0088]
  • AuEq (g/t) = Au (g/t) + [Cu (%) × 0.5414] + [Ag (g/t) × 0.0133]
  • Equivalent grades are provided for illustrative purposes only and are not used for cut-off grade determination.
• Qualified Persons:
  • Mineral Resource Estimates: Steve Hyland and Steve Craig (Orelogy).
  • Metallurgy: David Castro López (Minepro Solutions).
  • Exploration & Technical Data: Álvaro Merino (Pan Global Resources).
• Project Context:
  • The Escacena Project land package has expanded to more than 10,000 hectares, with additional permit applications covering 3,888 hectares pending.
  • Located in the Iberian Pyrite Belt, near the operating Riotinto mine and adjacent to Minera Los Frailes' new underground development.

Notable Quotes

• "The results provide a strong foundation for future technical and economic studies and demonstrate a high-confidence resource primarily in the Measured and Indicated categories, with potential to expand."