Pan Global Intersects 83 Meters of 1.74 g/t Gold, Expanding New Gold Zone at Cármenes Project, Spain
Original announcement by orestocks on
- Company
- Pan Global Resources Inc.
- Ticker
- PGZ.V
- Exchange
- Unavailable
- Region
- Spain
- Primary commodity
- Gold
- Secondary commodities
- Copper, Nickel, Cobalt, Silver, Platinum, Palladium
- Document categories
- Drill results
- Extracted
- 2026-09-17 12:23:03 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Pan Global Resources reported exceptional drill results from hole PVD16 at the Cármenes Project in Spain, intersecting 83 meters at 1.74 g/t gold. The intercept includes several high-grade sub-intervals, notably a 0.5m bonanza zone at 32.2 g/t gold, and confirms the expansion of the gold mineralization footprint.
Reasoning: The drillhole PVD16 returned an exceptional 83m intercept at 1.74 g/t Au, including a bonanza 0.5m @ 32.2 g/t Au, significantly expanding the known gold zone at Providencia.
Positive factors
- Widest high-grade intercept to date
- Bonanza grade intercept (32.2 g/t Au)
- Step-out extension of gold mineralization
- QA/QC disclosed with certified lab and QP sign-off
Negative factors
- Apparent width only (true width not disclosed)
- Core loss noted in interval
Facts used in scoring: 6
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 32.2 g/t gold over 0.5m is an exceptional high-grade zone.
Evidence · text
“peak of 32.2 g/t gold over 0.5 meters”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Results confirm expansion of gold mineralization beyond previous intercepts (PVD15).
Evidence · text
“Confirms continuation and expansion of gold mineralization beyond previous intercepts”
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, duplicate, and standard protocols, and names ALS as the lab.
Evidence · text
“Certified Reference materials inserted every 25 samples in each batch.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Document explicitly states insufficient drilling to determine true widths.
Evidence · text
“Insufficient drilling has been completed to determine true widths.”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
PVD16Cármenes · goldGrade: 1.74Grade Unit: g/tIntercept: 83 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 1.74
- Grade Unit
- g/t
- Intercept
- 83 m
- From
- 9 m
- To
- 92 m
- Hole Depth
- 224.58 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:9-92
- Mining Method
- unknown
Location
- Location
- Providencia
- Easting
- 287606
- Northing
- 4761229
- Azimuth
- 224 °
- Dip
- -28 °
- 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
- 2026-09-17T00:00:00.000Z
Reasoning: 83m at 1.74 g/t Au is a significant continuous intercept for this project.
Positive factors
- Widest high-grade intercept to date
Negative factors
- Apparent width only
Evidence · text
“83 meters at 1.74 g/t gold from 9 meters depth”
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
PVD16Cármenes · goldGrade: 4.88Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 4.88
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 9 m
- To
- 18 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:9-18
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: High grade sub-interval within the main intercept.
Evidence · text
“4.88 g/t Au, 0.04% Cu, 0.06% Ni, 0.08% Co, 3.0 g/t Ag, 0.27 g/t Pt and 0.19 g/t Pd over 9 m”
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
PVD16Cármenes · goldGrade: 12.57Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 12.57
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 32 m
- To
- 34 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:32-34
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: Strong high-grade intercept.
Evidence · text
“12.57 g/t gold over 2 meters”
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
PVD16Cármenes · goldGrade: 32.2Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 32.2
- Grade Unit
- g/t
- Intercept
- 0.5 m
- From
- 59.7 m
- To
- 60.2 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:59.7-60.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: Exceptional bonanza grade intercept.
Positive factors
- Bonanza grade
Evidence · text
“peak of 32.2 g/t gold over 0.5 meters”
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
PVD16Cármenes · copperGrade: 0.04Grade Unit: %Intercept: 9 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- copper
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 9 m
- From
- 9 m
- To
- 18 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:9-18
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: Trace copper reported in high-grade gold interval.
Evidence · text
“0.04% Cu”
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
PVD16Cármenes · platinumGrade: 0.27Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- PVD16
- Project
- Cármenes
- Commodity
- platinum
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ.V
Geometry
- Grade
- 0.27
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 9 m
- To
- 18 m
- Intercept Depth
- 9 m
Classification
- Sample Type
- drill
- Group ID
- PVD16:9-18
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: Trace platinum reported.
Evidence · text
“0.27 g/t Pt”
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.