Pan Global Expands Near-Surface High-Grade Gold Discovery at Cármenes Project, Spain: Drillholes Return 7.29g/t Au Over 9 Meters and 1.53g/t Au Over 38 Meters
Original announcement by globenewswire on
- Company
- Pan Global Resources Inc.
- Ticker
- PGZ
- Exchange
- Unavailable
- Region
- northern Spain
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper, Nickel, Cobalt, Platinum, Palladium
- Document categories
- Drill results, Other
- Extracted
- 2026-10-14 12:41:44 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Pan Global Resources reported high-grade gold drill results at the Providencia target of the Cármenes Project in Spain. Key intercepts include 7.29 g/t Au over 9.0 meters and 1.53 g/t Au over 38.0 meters, with significant polymetallic credits noted.
Reasoning: Strong high-grade gold intercepts and broad mineralization at the Providencia target confirm an expanding discovery.
Positive factors
- High-grade gold intercepts (28.10 g/t Au)
- Broad near-surface mineralization (38m @ 1.53 g/t Au)
- Polymetallic credits (Pt, Pd, Cu, Ni, Co)
- Mineralization remains open in multiple directions
Facts used in scoring: 13
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 28.10 g/t Au is exceptionally high grade.
Evidence · table
“28.10”
Context: 2.0
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details sampling, standards, and certified lab (ALS).
Evidence · text
“Certified Reference materials inserted every 25 samples”
Extracted facts
Stored fact records: 13. Some facts used in scoring do not have a stored record.
Drill Results (13)
PVD17Cármenes · goldGrade: 1.2Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- PVD17
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 1.2
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 0 m
- To
- 1 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD17:0-1
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Low grade near-surface intercept.
Evidence · table
“1.20”
Context: 1.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD17Cármenes · goldGrade: 1.53Grade Unit: g/tIntercept: 38 mView all detailsHide details
Identity
- Hole ID
- PVD17
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 1.53
- Grade Unit
- g/t
- Intercept
- 38 m
- From
- 17 m
- To
- 55 m
- Intercept Depth
- 17 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD17:17-55
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Significant broad near-surface gold interval.
Positive factors
- Broad interval
Evidence · table
“1.53”
Context: 38.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD17Cármenes · goldGrade: 2.25Grade Unit: g/tIntercept: 25 mView all detailsHide details
Identity
- Hole ID
- PVD17
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 2.25
- Grade Unit
- g/t
- Intercept
- 25 m
- From
- 29 m
- To
- 54 m
- Intercept Depth
- 29 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD17:29-54
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · table
“2.25”
Context: 25.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD17Cármenes · goldGrade: 3.18Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- PVD17
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 3.18
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 38 m
- To
- 48 m
- Intercept Depth
- 38 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD17:38-48
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · table
“3.18”
Context: 10.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD17Cármenes · goldGrade: 3.7Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD17
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 3.7
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 51 m
- To
- 53 m
- Intercept Depth
- 51 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD17:51-53
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · table
“3.70”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD18Cármenes · goldGrade: 7.29Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- PVD18
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 7.29
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 1 m
- To
- 10 m
- Intercept Depth
- 1 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD18:1-10
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Strong high-grade gold intercept.
Positive factors
- High grade intercept
Evidence · table
“7.29”
Context: 9.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD18Cármenes · goldGrade: 15.9Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- PVD18
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 15.9
- Grade Unit
- g/t
- Intercept
- 4 m
- From
- 5 m
- To
- 9 m
- Intercept Depth
- 5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD18:5-9
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · table
“15.90”
Context: 4.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD18Cármenes · goldGrade: 28.1Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD18
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 28.1
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 7 m
- To
- 9 m
- Intercept Depth
- 7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD18:7-9
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Exceptional high-grade gold intercept.
Positive factors
- Bonanza intercept
Evidence · table
“28.10”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD18Cármenes · platinumGrade: 0.72Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD18
- Project
- Cármenes
- Commodity
- platinum
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.72
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 7 m
- To
- 9 m
- Intercept Depth
- 7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD18:7-9
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Trace platinum credit.
Evidence · table
“0.72”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD18Cármenes · palladiumGrade: 0.24Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD18
- Project
- Cármenes
- Commodity
- palladium
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.24
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 7 m
- To
- 9 m
- Intercept Depth
- 7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD18:7-9
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Trace palladium credit.
Evidence · table
“0.24”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD19Cármenes · goldGrade: 2.57Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD19
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 2.57
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 0 m
- To
- 2 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD19:0-2
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Near-surface gold intercept.
Evidence · table
“2.57”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD19Cármenes · goldGrade: 2.46Grade Unit: g/tIntercept: 6 mView all detailsHide details
Identity
- Hole ID
- PVD19
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 2.46
- Grade Unit
- g/t
- Intercept
- 6 m
- From
- 14 m
- To
- 20 m
- Intercept Depth
- 14 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD19:14-20
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Near-surface gold intercept.
Evidence · table
“2.46”
Context: 6.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PVD19Cármenes · goldGrade: 1.6Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD19
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 1.6
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 27 m
- To
- 29 m
- Intercept Depth
- 27 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- PVD19:27-29
- Mining Method
- unknown
Location
- Location
- Providencia
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-14T00:00:00.000Z
Reasoning: Near-surface gold intercept.
Evidence · table
“1.60”
Context: 2.0
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.