PAN GLOBAL INTERSECTS 1.14% COPPER OVER 18 METERS, EXPANDING NEAR-SURFACE MINERALIZATION AT LA ROMANA, SOUTHERN SPAIN
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- Highest near-surface grade-thickness copper intersection in the current drill program on the growing west extension at La Romana
- Results include 3.3% copper over 5 meters and 5.0% copper over 2 meters
- Confirms continuity and higher-grade mineralization remain wide open
- La Romana is a standalone open-pit target with significant potential to expand the copper-tin- silver mineralization in several directions
Highlights:
- Drillhole
LRD181 intersected:- 18.0m at 1.24% CuEq1 (1.14% Cu, 0.03% Sn, 2.6 g/t Ag) from 69m, including
- 5.0m at 3.51% CuEq1 (3.33% Cu, 0.06% Sn, 6.8 g/t Ag)
- 18.0m at 1.24% CuEq1 (1.14% Cu, 0.03% Sn, 2.6 g/t Ag) from 69m, including
- Drillhole
LRD183 intersected:- 9.0m at 1.31% CuEq1 (1.27% Cu, 0.01% Sn, 2.7 g/t Ag) from 103m, including
- 2.0m at 5.12% CuEq1 (5.0% Cu, 0.02% Sn, 10.7 g/t Ag)
- 9.0m at 1.31% CuEq1 (1.27% Cu, 0.01% Sn, 2.7 g/t Ag) from 103m, including
- Drillhole
LRD182 intersected:- 7.25m at 0.92% CuEq1 (0.81% Cu, 0.03% Sn, 2.5g/t Ag) from 132.75m, including
- 4.0m at 1.42% CuEq1 (1.29% Cu, 0.04% Sn, 3.8g/t Ag)
- 7.25m at 0.92% CuEq1 (0.81% Cu, 0.03% Sn, 2.5g/t Ag) from 132.75m, including
"These drill results from La Romana are very encouraging, confirming the near-surface Cu-Sn-Ag mineralization continues and is open to the west. Drillhole
The latest results are part of a 25-hole resource delineation program at the western extension of the La Romana deposit and the three drillholes extend the higher-grade copper mineralization in the west of La Romana. Three additional holes remain to be drilled as part of the planned delineation drill program in the west of La Romana, with expansion of the drill program anticipated.
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Table 1 – La Romana Selected Drill Results
Hole ID |
From |
To |
Interval |
CuEq1 |
Cu |
Sn |
Ag |
Au |
Pb |
Zn |
True Thickness |
|
m |
m |
m |
% |
% |
% |
g/t |
g/t |
ppm |
ppm |
(m) |
|
69.00 |
87.00 |
18.00 |
1.24 |
1.14 |
0.03 |
2.6 |
0.01 |
13 |
106 |
12.7 |
including |
74.00 |
86.00 |
12.00 |
1.76 |
1.62 |
0.05 |
3.6 |
0.01 |
14 |
125 |
8.5 |
including |
81.00 |
86.00 |
5.00 |
3.51 |
3.33 |
0.06 |
6.8 |
0.03 |
21 |
201 |
3.5 |
and |
125.00 |
134.00 |
9.00 |
0.66 |
0.45 |
0.08 |
1.1 |
0.01 |
4 |
57 |
6.4 |
including |
130.00 |
132.00 |
2.00 |
1.49 |
1.09 |
0.14 |
3.3 |
0.04 |
13 |
91 |
1.4 |
|
132.75 |
140.00 |
7.25 |
0.92 |
0.81 |
0.03 |
2.5 |
0.02 |
109 |
354 |
5.1 |
including |
136.00 |
140.00 |
4.00 |
1.42 |
1.29 |
0.04 |
3.8 |
0.03 |
142 |
523 |
2.8 |
and |
192.00 |
198.00 |
6.00 |
0.27 |
0.24 |
0.01 |
0.7 |
0.01 |
6 |
48 |
4.2 |
including |
197.00 |
198.00 |
1.00 |
1.09 |
0.98 |
0.04 |
2.8 |
0.02 |
23 |
73 |
0.7 |
and |
205.00 |
207.00 |
2.00 |
0.65 |
0.51 |
0.05 |
0.3 |
0.05 |
19 |
63 |
1.4 |
|
103.00 |
112.00 |
9.00 |
1.31 |
1.27 |
0.01 |
2.7 |
0.01 |
8 |
100 |
8.5 |
including |
106.00 |
112.00 |
6.00 |
1.89 |
1.83 |
0.02 |
3.8 |
0.02 |
9 |
120 |
5.7 |
Including |
110.00 |
112.00 |
2.00 |
5.12 |
5.00 |
0.02 |
10.7 |
0.04 |
22 |
232 |
1.9 |
and |
149.00 |
159.00 |
10.00 |
0.33 |
0.26 |
0.02 |
0.3 |
0.02 |
6 |
54 |
9.5 |
|
1 Copper Equivalent = CuEq. CuEq is calculated using Cu, Sn, and Ag grades. Metallurgical recoveries include 86% for Cu, 68% for Sn and 56% for Ag, based on preliminary studies performed by |
Table 2 – La Romana Drillhole Collar Information (total 658.95m)
Hole ID |
Easting2 |
Northing2 |
Azimuth (º) |
Dip (º) |
Length (m) |
|
735894 |
4152788 |
180 |
-90 |
181.15 |
|
735868 |
4152878 |
156 |
-90 |
271.5 |
|
735833 |
4152902 |
200 |
-60 |
206.3 |
|
2 Coordinate system: UTM29N ERTS89 |
Note that in Figure 2 and Figure 3 above, drillholes
About the
About
QA/QC Procedures
Core size was HQ (63mm) and all samples were ½ core. Nominal sample size was 1m core length and ranged from 0.5 to 2m. Sample intervals were defined using geological contacts with the start and end of each sample physically marked on the core. Diamond blade core cutting and sampling was supervised at all times by Company staff. Duplicate samples of ¼ core were taken approximately every 30 samples and Certified Reference materials inserted every 25 samples in each batch.
Samples were delivered to ALS laboratory in
Qualified Persons
Álvaro Merino, Vice President Exploration for
Forward-looking statements
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