Pan Global intersects 3.9 g/t Au over 15 m at Cármenes

Providencia drillhole PVD15 intersects 15 meters grading 3.90 g/t gold, 0.04% copper, 0.11% nickel and 0.12% cobalt, commencing from surface

Includes 8 meters of 6.79 g/t gold and grades up to 18.55 g/t gold over 1 meter with 2.13 g/t combined platinum and palladium

Gold and polymetallic mineralization extends beyond historical mine workings and remains open along strike and at depth

New target found from 400 to 800 meters southwest of Providencia with similar alteration and elevated copper-in-soil; gold assaying underway

VANCOUVER, British Columbia, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ; OTCQB: PGZFF; FRA: 2EU) is pleased to announce new assay results from five drillholes from the ongoing Phase 3 drill campaign at the Providencia target, (“Providencia”) within the Company’s 100%-owned Cármenes Project (“Cármenes”) in northern Spain.

The results continue to demonstrate that gold and copper-nickel-cobalt mineralization from surface extends beyond the historical Providencia mine workings, within a large, multiphase hydrothermal breccia system favourable for potential high grades.

Drillhole PVD15 returned the strongest gold intersection from the current phase of drilling, with 15 meters grading 3.90 g/t gold, 0.04% copper, 0.11% nickel and 0.12% cobalt from surface , including:

8 meters grading 6.79 g/t gold, 0.03% copper, 0.12% nickel and 0.11% cobalt, including 0.50 g/t platinum and 0.28 g/t palladium ; and

1 meter grading 18.55 g/t gold , 1.39 g/t platinum and 0.74 g/t palladium

PVD15 commenced in mineralization from surface and confirms high gold grades extending beneath previously reported surface channel sampling that returned 20.18 g/t gold over 5 meters .

“The latest drilling continues to demonstrate significant exploration potential at Providencia, with gold and polymetallic mineralization ext