{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Pan Global Resources (TSXV:PGZ) - Growth Focused Copper Play","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/f36e982f\"></iframe>","width":"100%","height":180,"duration":739,"description":"Interview with Tim Moody, President & CEO of Pan Global Resources Inc.\nOur previous interview: https://www.cruxinvestor.com/posts/pan-global-resources-tsxv-pgz-growth-strategy-and-outlook-in-advancing-la-romana-copper-asset-4313\nRecording date: 21st November 2023\nSpanish Copper Explorer Positioned for Growth\nPan Global Resources is focused on systematically advancing high-potential copper assets in Spain during turbulent market conditions. Through disciplined allocation of newly raised exploration funding, the company aims to boost resources ahead of an eventual cyclical recovery in copper prices.\nPan Global holds prospective ground in the Iberian Pyrite Belt in southern Spain, a historically prolific copper-producing region hosting clusters of unmined deposits similar to those being explored. The company's discoveries are located near existing infrastructure, lowering potential development hurdles.\nCEO Tim Moody raised A$6 million in 2023, providing funding until 2025. The prudent raise prevents unnecessary dilution while progressing two promising discoveries called La Romana and Cañada Honda. Despite recent equity raises being heavily discounted across the sector, Moody secured adequate funding on reasonable terms demonstrating confidence in the quality assets.\nLa Romana Step-Out Drilling Underway\nA 25-hole Phase 3 drill campaign is expanding the La Romana discovery, located beside a former producing copper mine. Broad mineralized intercepts of high-grade copper were left unmined around shallow historic workings. Five holes from the Phase 3 program are still pending, but results to date have extended copper mineralized zones by 250-300 meters to the west based on 20 holes.\nThe most recent hole returned 16 meters at over 1% copper in extensions west of previous drilling, while hole ULDDH022 demonstrated consistent grade and thickness even further west. Management believes mineralization continues towards encouraging historic surface workings, with downhole...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}