Pan Global hits 20.2 g/t Au over 5.0 m at Cármenes, Spain

USA - English USA - English News provided by Pan Global Resources Inc. May 07, 2026, 07:27 ET Share this article Share to X Share this article Share to X TSXV: PGZ | OTCQB: PGZFF | FRA: 2EU Saw-cut sampling returned 20.2 g/t gold over 5.0 meters at surface confirming higher grades well beyond the historical Providencia mine workings Discovery of extensive sulphide and hematite breccia exposed at the newly accessed 1,438m Level of mine workings indicates the system is widening and open at depth Further underground and surface sampling in progress Drill program expanded to eight drillholes Ongoing district-scale exploration at more than 25 high-priority targets across the Cármenes Project area VANCOUVER, BC , May 7, 2026 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF ) (FRA: 2EU) is pleased to announce new twin saw-cut channel sampling at surface has verified high-grade gold mineralization, returning 20.2 g/t gold over 5.0 meters . Underground mapping of historical mine workings has confirmed a substantial widening of the mineralized system at depth at the Providencia target ("Providencia"), within the Cármenes Project ("Cármenes") on the southeastern extension of the Rio Narcea Gold Belt in northern Spain. Continue Reading Figure 1 – New twin saw-cut channel location and results at Providencia Figure 2 – Providencia target area showing new sample results at surface and previous Pan Global drillholes, channel and trench gold results Figure 3 – Providencia target showing widening of the mapped hematite and sulphide breccia system from 1,467m to 1,438m Levels, with mineralization open laterally and at depth Cross-Section Figure 3- Level Plans Figure 4 – Inside the entrance to the historical Providencia mine tunnel at the 1,438m Level Pan Global Resources Inc. Logo "The verification of 20 g/t gold at surface and confirma