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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a

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: Unknown date

Atlas analysis updated: Unknown date

- Company: Pan Global Resources Inc.

- Ticker: PGZ.V

- Exchange: Unavailable

- Region: Spain

- Primary commodity: Gold

- Secondary commodities: Copper, Cobalt, Nickel, Platinum, Palladium, Silver

- Document categories: Drill results

- Extracted: 2026-09-17 12:26:53 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, featuring an 83m intercept at 1.74 g/t gold. The hole includes a bonanza intercept of 32.2 g/t gold over 0.5m and confirms the expansion of the gold zone.

Reasoning: Exceptional drill results from PVD16 show significant gold grades and width, including a bonanza intercept, expanding the known footprint at the Cármenes Project.

- Positive factor: Widest high-grade intercept to date

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

- Positive factor: Expansion of mineralization footprint

- Positive factor: Mineralization extends to surface

- Positive factor: Presence of multiple base and precious metals

- Negative factor: Apparent width only \(no true width disclosed\)

- Negative factor: Core loss noted in interval

Facts used in scoring: 9

## 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 0.5 m is an exceptionally high-grade zone.

Evidence · text

> peak of 32.2 g/t gold over 0.5 meters

**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: All reported drill intervals are downhole lengths with no true width stated.

Evidence · text

> All reported drill intervals are downhole lengths. Insufficient drilling has been completed to determine true widths.

**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, duplicates, standards, and laboratory procedures.

Evidence · text

> Certified Reference materials inserted every 25 samples in each batch.

**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.

Evidence · text

> Confirms continuation and expansion of gold mineralization beyond previous intercepts

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### PVD16

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#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. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 3 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Primary intercept is wide and high-grade.

- Positive factor: Significant width and grade

- Negative factor: Core loss noted

Evidence · table

> 1.74

Context: 83.0

#### 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

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

### PVD16

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#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: Strong high-grade interval within the main intercept.

- Positive factor: High grade

Evidence · table

> 4.88

Context: 9.0

#### 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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#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: 32 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: High grade intercept.

- Positive factor: Very high grade

Evidence · table

> 12.57

Context: 2.0

#### 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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#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: 59.7 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 peak grade.

- Positive factor: Bonanza grade

Evidence · table

> 32.20

Context: 0.5

#### 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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#fact-drill-facts-5)

Cármenes · nickel

#### Identity

- Hole ID: PVD16
- Project: Cármenes
- Commodity: nickel
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.06
- 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 nickel reported in high-grade gold interval.

Evidence · text

> 0.06% Ni

#### 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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#fact-drill-facts-6)

Cármenes · cobalt

#### Identity

- Hole ID: PVD16
- Project: Cármenes
- Commodity: cobalt
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.08
- 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 cobalt reported in high-grade gold interval.

Evidence · text

> 0.08% Co

#### 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-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#fact-drill-facts-7)

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 in high-grade gold interval.

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

### PVD16

[Link to this fact](https://atlas-extractions.minestarters.com/news/pan-global-intersects-83-meters-of-1-74-g-t-gold-expanding-new-gold-zone-at-c-xe--1bd60f45-1950-42a9-9258-264aa5174e5a#fact-drill-facts-8)

Cármenes · palladium

#### Identity

- Hole ID: PVD16
- Project: Cármenes
- Commodity: palladium
- Region: spain
- Reported Region: spain
- Ticker: PGZ.V

#### Geometry

- Grade: 0.19
- 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 palladium reported in high-grade gold interval.

Evidence · text

> 0.19 g/t Pd

#### 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.