PAN GLOBAL REPORTS SURFACE HIGH-GRADE GOLD WITH 20.2 g/t OVER 5.0 METERS AT CÁRMENES PROJECT, SPAIN
Original announcement by tmx on
- Company
- Pan Global Resources Inc.
- Ticker
- PGZ
- Exchange
- TSX
- Region
- Spain
- Primary commodity
- Gold
- Secondary commodities
- Platinum, Palladium
- Document categories
- Drill results, Other
- Extracted
- 2026-09-12 18:36:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Pan Global Resources reported high-grade surface gold from saw-cut channel sampling at the Cármenes Project in Spain, including an average of 20.2 g/t Au over 5.0m. The results include a bonanza-grade intercept of 51.2 g/t Au with platinum and palladium, alongside mapping that indicates the mineralized system is widening at depth.
Reasoning: High-grade gold (20.2 g/t) and bonanza intercepts (51.2 g/t) confirm surface mineralization and system expansion at depth.
Positive factors
- Bonanza-grade intercept reported
- Verification of high-grade surface mineralization
- Evidence of system widening at depth
- QA/QC disclosed with certified lab and standards
Negative factors
- Apparent width only (channel sampling)
- Selective nature of channel sampling
Facts used in scoring: 16
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 51.2 g/t gold intercept reported at Providencia.
Evidence · text
“new bonanza-grade assay at Providencia of 51.2 g/t gold”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions ALS laboratory, certified reference samples, and specific assay methods.
Evidence · text
“delivered to the ALS sample preparation facility in Seville in Spain and assayed at the ALS facility in Ireland.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Results are from channel sampling where true widths are explicitly stated as unknown.
Evidence · text
“Reported intervals represent sampled lengths, true widths unknown”
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Drill Results (16)
Fact 1Cármenes Project · goldGrade: 20.2Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Project
- Cármenes Project
- Commodity
- gold
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 20.2
- Grade Unit
- g/t
- Intercept
- 5 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: 20.2 g/t Au over 5m is a strong surface intercept.
Positive factors
- High-grade verification
Negative factors
- Apparent width only
Evidence · text
“Saw-cut sampling returned 20.2 g/t gold over 5.0 meters at surface”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147605Cármenes Project · goldGrade: 51.2Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147605
- Project
- Cármenes Project
- Commodity
- gold
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 51.2
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: 51.2 g/t Au is a bonanza-grade intercept.
Positive factors
- Bonanza grade
Evidence · table
“51.20”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147605Cármenes Project · platinumGrade: 1.26Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147605
- Project
- Cármenes Project
- Commodity
- platinum
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 1.26
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Trace platinum reported alongside bonanza gold.
Evidence · table
“1.26”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147605Cármenes Project · palladiumGrade: 0.64Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147605
- Project
- Cármenes Project
- Commodity
- palladium
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 0.64
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Trace palladium reported alongside bonanza gold.
Evidence · table
“0.64”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147604Cármenes Project · goldGrade: 8.49Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147604
- Project
- Cármenes Project
- Commodity
- gold
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 8.49
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Moderate gold grade in channel sample.
Evidence · table
“8.49”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147604Cármenes Project · platinumGrade: 0.26Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147604
- Project
- Cármenes Project
- Commodity
- platinum
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 0.26
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Trace platinum.
Evidence · table
“0.26”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147604Cármenes Project · palladiumGrade: 0.17Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147604
- Project
- Cármenes Project
- Commodity
- palladium
- Region
- spain
- Reported Region
- Spain
- Ticker
- PGZ
Geometry
- Grade
- 0.17
- Grade Unit
- g/t
- Intercept
- 1 m
- Intercept Depth
- 0 m
Classification
- Sample Type
- channel
Location
- Location
- Providencia
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Trace palladium.
Evidence · table
“0.17”
Context: 1.0
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not 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
M147606Cármenes · goldGrade: 39.4Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147606
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 39.4
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table. 39.4 g/t gold is exceptional against the default band [5, 2, 1, 0.3] g/t. Grade×width 39.4 g/t·m is moderate (grade alone is exceptional; the better of the two is used).
Positive factors
- 39.4 g/t gold is exceptional on the default band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“39.40”
Context: M147606
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
M147606Cármenes · platinumGrade: 0.99Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147606
- Project
- Cármenes
- Commodity
- platinum
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.99
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.99 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for platinum; intercept not scored.
Evidence · table
“0.99”
Context: M147606
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
M147606Cármenes · palladiumGrade: 0.93Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147606
- Project
- Cármenes
- Commodity
- palladium
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.93
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.93 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for palladium; intercept not scored.
Evidence · table
“0.93”
Context: M147606
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
M147607Cármenes · goldGrade: 1.31Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147607
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 1.31
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table. 1.31 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.3 g/t·m is below (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.31”
Context: M147607
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
M147607Cármenes · platinumGrade: 0.067Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147607
- Project
- Cármenes
- Commodity
- platinum
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.067
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.067 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for platinum; intercept not scored.
Evidence · table
“0.067”
Context: M147607
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
M147607Cármenes · palladiumGrade: 0.04Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147607
- Project
- Cármenes
- Commodity
- palladium
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.04
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.04 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for palladium; intercept not scored.
Evidence · table
“0.04”
Context: M147607
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
M147608Cármenes · goldGrade: 0.51Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147608
- Project
- Cármenes
- Commodity
- gold
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table. 0.51 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.5 g/t·m is below (grade alone is weak; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.51”
Context: M147608
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
M147608Cármenes · platinumGrade: 0.04Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147608
- Project
- Cármenes
- Commodity
- platinum
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.04
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.04 g/t platinum. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for platinum; intercept not scored.
Evidence · table
“0.04”
Context: M147608
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
M147608Cármenes · palladiumGrade: 0.02Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- M147608
- Project
- Cármenes
- Commodity
- palladium
- Region
- spain
- Reported Region
- spain
- Ticker
- PGZ
Geometry
- Grade
- 0.02
- Grade Unit
- g/t
- Intercept
- 1 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-07T00:00:00.000Z
Reasoning: Expanded from assay table: 0.02 g/t palladium. No grade band defined for this commodity, so the score is a placeholder.
Negative factors
- No grade rubric for palladium; intercept not scored.
Evidence · table
“0.02”
Context: M147608
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.