# Pan Global Intersects 83 Meters of 1.74 g/t Gold, Expanding New Gold Zone at C&amp;\#xE1;rmenes Project, Spain

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1

Original source: https://orestocks.com/company/PGZ.V/press-releases/8711781369910720

Publisher: orestocks

Original announcement: 2026-09-17T11:25:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-17T12:23:02.673Z

Atlas analysis updated: 2026-09-17T12:23:02.673Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Widest high-grade intercept to date

- Positive factor: Bonanza grade intercept \(32.2 g/t Au\)

- Positive factor: Step-out extension of gold mineralization

- Positive factor: QA/QC disclosed with certified lab and QP sign-off

- Negative factor: Apparent width only \(true width not disclosed\)

- Negative factor: Core loss noted in interval

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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)

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-0)

Cármenes · gold

#### 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 factor: Widest high-grade intercept to date

- Negative factor: Apparent width only

Evidence · text

> 83 meters at 1.74 g/t gold from 9 meters depth

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-1)

Cármenes · gold

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-2)

Cármenes · gold

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-3)

Cármenes · gold

#### 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 factor: Bonanza grade

Evidence · text

> peak of 32.2 g/t gold over 0.5 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-4)

Cármenes · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PVD16

[Link to this fact](https://atlas-staging.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--5005f868-cbf9-49b3-9f8a-ca144b93e6c1#fact-drill-facts-5)

Cármenes · platinum

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: 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.
