# PAN GLOBAL ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATES FOR THE ESCACENA PROJECT IN THE IBERIAN PYRITE BELT, SPAIN

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258

Original source: https://money.tmx.com/en/quote/PGZ/news/8896415314586434/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project-

Publisher: tmx

Original announcement: 2025-12-31T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Pan Global Resources Inc.

- Ticker: PGZ

- Exchange: TSX

- Region: Iberian Pyrite Belt, Spain

- Primary commodity: Copper

- Secondary commodities: Tin, Silver, Gold

- Document categories: Resource update

- Extracted: 2026-08-21 03:38:24 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Pan Global Resources has announced maiden Mineral Resource Estimates for the La Romana \(Cu-Sn-Ag\) and Cañada Honda \(Au-Cu-Ag\) deposits at its Escacena Project in Spain. La Romana features a significant 32.4 Mt M&I resource, while Cañada Honda adds a 5.0 Mt Inferred gold-dominant system.

Reasoning: The announcement of maiden mineral resource estimates for two distinct deposits \(La Romana and Cañada Honda\) represents a major technical milestone, establishing a significant resource base with high-confidence Measured and Indicated categories at the flagship La Romana deposit.

- Positive factor: Maiden resource establishment

- Positive factor: High proportion of Measured and Indicated resources at La Romana

- Positive factor: Significant contained metal volumes

- Positive factor: In-pit components show higher grades

- Positive factor: QP/CP sign-off provided

- Negative factor: Cañada Honda is 100% Inferred

Facts used in scoring: 30

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: First formal MRE for the Escacena Project deposits.

Evidence · text

> announce maiden Mineral Resource Estimates

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: Resources reported in accordance with NI 43-101.

Evidence · text

> reported in accordance with NI 43-101

**All Inferred**

Polarity: negative

Definition: 100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The Cañada Honda resource is 100% Inferred.

Evidence · table

> Inferred

Context: 5.0

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Qualified Persons Steve Hyland and Steve Craig are named.

Evidence · text

> prepared by Orelogy Consulting Pty Ltd \(Orelogy\) under the supervision of a Qualified Person

## Extracted facts

Stored fact records: 30. Some facts used in scoring do not have a stored record.

## Resource Estimates (30)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-0)

La Romana · copper

#### Identity

- Project: La Romana
- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 26100000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 96000
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: High confidence measured resource component.

- Positive factor: Measured category

Evidence · table

> 0.37

Context: 26.1

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-1)

La Romana · tin

#### Identity

- Project: La Romana
- Commodity: tin
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 26100000
- Grade: 300
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct tin grade in measured category.

Evidence · table

> 300

Context: 26.1

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-2)

La Romana · silver

#### Identity

- Project: La Romana
- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 26100000
- Grade: 1.78
- Grade Unit: g/t
- Contained Metal: 1.49
- Contained Unit: Moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct silver grade in measured category.

Evidence · table

> 1.78

Context: 26.1

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-3)

La Romana · copper

#### Identity

- Project: La Romana
- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 23600
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Indicated resource component.

- Positive factor: Indicated category

Evidence · table

> 0.37

Context: 6.3

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-4)

La Romana · tin

#### Identity

- Project: La Romana
- Commodity: tin
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 148
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct tin grade in indicated category.

Evidence · table

> 148

Context: 6.3

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-5)

La Romana · silver

#### Identity

- Project: La Romana
- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 1.25
- Grade Unit: g/t
- Contained Metal: 0.25
- Contained Unit: Moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct silver grade in indicated category.

Evidence · table

> 1.25

Context: 6.3

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-6)

La Romana · copper

#### Identity

- Project: La Romana
- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 4000000
- Grade: 0.4
- Grade Unit: %
- Contained Metal: 15800
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component.

- Negative factor: Inferred category

Evidence · table

> 0.40

Context: 4.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-7)

La Romana · tin

#### Identity

- Project: La Romana
- Commodity: tin
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 4000000
- Grade: 71
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct tin grade in inferred category.

Evidence · table

> 71

Context: 4.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-8)

La Romana · silver

#### Identity

- Project: La Romana
- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 4000000
- Grade: 1.37
- Grade Unit: g/t
- Contained Metal: 0.18
- Contained Unit: Moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct silver grade in inferred category.

Evidence · table

> 1.37

Context: 4.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-9)

Cañada Honda · gold

#### Identity

- Project: Cañada Honda
- Commodity: gold
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 0.65
- Grade Unit: g/t
- Contained Metal: 104.3
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Maiden resource, but 100% Inferred category.

- Negative factor: All Inferred

Evidence · table

> 0.65

Context: 5.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-10)

Cañada Honda · silver

#### Identity

- Project: Cañada Honda
- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 1.17
- Grade Unit: g/t
- Contained Metal: 0.19
- Contained Unit: Moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct silver grade in inferred category.

- Negative factor: All Inferred

Evidence · table

> 1.17

Context: 5.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-11)

Cañada Honda · copper

#### Identity

- Project: Cañada Honda
- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 0.14
- Grade Unit: %
- Contained Metal: 6.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Byproduct copper grade in inferred category.

- Negative factor: All Inferred

Evidence · table

> 0.14

Context: 5.0

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-12)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 26100000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 96
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: High confidence measured resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Measured category

Evidence · table

> 0.37

Context: 26.1

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-13)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 26100000
- Grade: 1.49
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: High confidence measured resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Measured category

Evidence · table

> 1.49

Context: 26.1

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-14)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 23.6
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Indicated resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Indicated category

Evidence · table

> 0.37

Context: 6.3

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-15)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 6300000
- Grade: 0.25
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Indicated resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Indicated category

Evidence · table

> 0.25

Context: 6.3

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-16)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 4000000
- Grade: 0.4
- Grade Unit: %
- Contained Metal: 15.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.40

Context: 4.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-17)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 4000000
- Grade: 0.18
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.18

Context: 4.0

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-18)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 13600000
- Grade: 0.39
- Grade Unit: %
- Contained Metal: 53.3
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: High confidence measured resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Measured category

Evidence · table

> 0.39

Context: 13.6

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-19)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: measured
- Tonnes: 13600000
- Grade: 0.9
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: High confidence measured resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Measured category

Evidence · table

> 0.90

Context: 13.6

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-20)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 400000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 1.4
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Indicated resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Indicated category

Evidence · table

> 0.37

Context: 0.4

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-21)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: indicated
- Tonnes: 400000
- Grade: 0.02
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Indicated resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Indicated category

Evidence · table

> 0.02

Context: 0.4

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-22)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.45
- Grade Unit: %
- Contained Metal: 0.4
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.45

Context: 0.1

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-23)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 100000
- Grade: 0.01
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.01

Context: 0.1

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-24)

gold

#### Identity

- Commodity: gold
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 0.65
- Grade Unit: g/t
- Contained Metal: 104.3
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.65

Context: 5.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-25)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 0.19
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.19

Context: 5.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-26)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 5000000
- Grade: 0.14
- Grade Unit: %
- Contained Metal: 6.8
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.14

Context: 5.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-27)

gold

#### Identity

- Commodity: gold
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 2300000
- Grade: 0.76
- Grade Unit: g/t
- Contained Metal: 57.3
- Contained Unit: koz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.76

Context: 2.3

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-28)

silver

#### Identity

- Commodity: silver
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 2300000
- Grade: 0.08
- Grade Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.08

Context: 2.3

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-announces-maiden-mineral-resource-estimates-for-the-escacena-project--960098df-5874-42f9-95ff-cefd6e4ac258#fact-resource-facts-29)

copper

#### Identity

- Commodity: copper
- Ticker: PGZ

#### Resource Data

- Category: inferred
- Tonnes: 2300000
- Grade: 0.11
- Grade Unit: %
- Contained Metal: 2.6
- Contained Unit: kt

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-31T00:00:00.000Z

Reasoning: Inferred resource component. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.11

Context: 2.3

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.