Pan Global Secures Salamón Gold Project in Spain

VANCOUVER, British Columbia, Sept. 14, 2026 /CourierPR/ -- Pan Global Resources Inc has successfully secured the rights to the Salamón Gold Project in Spain, following a competitive public tender process. The project, located in the León Province, covers approximately 532 hectares and is situated along the 100-kilometer-long León Fault, a significant structural corridor known for hosting high-grade mineral occurrences.

The Salamón Project, managed through two of Pan Global's subsidiaries, was accepted by the regional Directorate General of Energy and Mines. However, the decision is currently under appeal by another bidder, with the outcome uncertain. Pan Global remains confident that its bid will be confirmed in due course.

The Salamón Gold Project is strategically positioned near Pan Global’s recent high-grade gold discovery at the Cármenes Project. The area is characterized by a rich mining history and excellent infrastructure, including access to power, road, and rail networks. This location is expected to facilitate efficient exploration and development efforts.

Pan Global Resources Inc, known for its exploration of copper-rich mineral deposits alongside gold and other metals, views the Salamón Gold Project as a significant addition to its portfolio. The company’s flagship Escacena Project, located in the Iberian Pyrite Belt in southern Spain, has already demonstrated a favorable permitting track record and excellent infrastructure. This project, supported by the European Commission’s recognition of copper as a strategic raw material, positions Pan Global as a low-risk jurisdiction for mining investment.

The company’s second project, the Cármenes Project, is situated in northern Spain, an area with a long-standing mining culture. The Pan Global team, comprising experienced professionals in exploration, discovery, development, and mining operations, is committed to operating safely and with respect for the environment and local communities.

Pan Global Resources Inc is actively pursuing exploration activities in the Salamón Gold Project, leveraging its expertise and resources to verify and potentially convert historical mineral resource estimates. The project’s location and geological characteristics present a compelling opportunity for high-grade gold mineralization, aligning with the company’s strategic focus on gold exploration.

While the outcome of the appeal process remains uncertain, Pan Global Resources Inc remains optimistic about the future of the Salamón Gold Project. The company is committed to maintaining transparency and providing regular updates to its stakeholders as the situation develops.