Pan Global Resources
Pan Global Resources Inc. (TSX.V: PGZ) is a Vancouver-based, pre-revenue junior mining exploration company discovering copper, gold, tin, silver, nickel, and cobalt deposits across three 100%-owned Spanish projects (Escacena, Cármenes, Águilas) for sale or development by mid-tier and major miners.
- Company typePublic
- Founded2018
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Pan Global Resources does
Pan Global Resources Inc. (TSX.V: PGZ; OTCQB: PGZFF; FRA: 2EU) is a Vancouver-headquartered junior mining exploration company conducting base and precious metal exploration in Spain. The company holds a 100% interest in three projects covering more than 34,000 hectares: the flagship Escacena Project in the Iberian Pyrite Belt of southern Spain (hosting the La Romana copper-tin-silver deposit and Cañada Honda copper-gold deposit), the Cármenes Project on the Rio Narcea Gold Belt in northern Spain (featuring the Providencia gold-copper-nickel-cobalt discovery and 25+ exploration targets), and the Águilas Project in northern Andalucía. Its exploration methodology combines soil geochemistry, induced polarization and electromagnetic geophysics, gravity surveys, and systematic diamond drilling, and has produced a 99% mineralization hit rate across 192 drillholes at La Romana and the highest copper concentrate grades (up to 32.5% Cu at 88% recovery) reported in the Iberian Pyrite Belt.
The business model is project-generator/explorer economics rather than commercial product sales. The company is pre-revenue and funds ongoing drilling and metallurgical work through successive non-brokered private placements, with over C$50M raised since 2020 from strategic investors, European institutions, and mining-focused funds; Alpayana holds an approximately 19.55% strategic stake. In December 2025, the company published maiden NI 43-101 Mineral Resource Estimates totaling 32.4 Mt Measured and Indicated plus 4.0 Mt Inferred at La Romana and 5.0 Mt Inferred at Cañada Honda, establishing the foundation for subsequent technical and economic studies and positioning the portfolio for potential joint venture, acquisition, or development by mid-tier and major mining companies. Marketing is conducted entirely through investor-relations channels — corporate presentations, mining investment conferences (Deutsche Goldmesse, Centurion One Capital), PR Newswire media releases, and direct investor outreach by VP Investor Relations Jason Mercier — and the company's "customers" are institutional and strategic capital providers rather than product buyers.
Pan Global's intended end products are copper, tin, silver, gold, nickel, and cobalt mineral resources that supply energy transition and electrification supply chains, leveraging Spain's status as Europe's second-largest copper producer and the EU Critical Raw Materials Act's designation of copper as a Strategic Raw Material. The 51-100 employee organization, led by President and CEO Tim Moody, CFO Justin Byrd, VP Exploration Álvaro Merino (qualified person under NI 43-101), and Director General for Spain Juan García Valledor, is actively advancing a 10,000-meter combined 2026 drill program across Escacena and Cármenes, with 15 untested targets at Escacena and 25+ targets at Cármenes representing a multi-year drilling pipeline.
Pan Global Resources firmographics
Firmographics- Name
- Pan Global Resources
- Legal name
- Pan Global Resources Inc.
- Website
- https://panglobalresources.com
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pan Global Resources Inc. (TSX.V: PGZ) is a Vancouver-based, pre-revenue junior mining exploration company discovering copper, gold, tin, silver, nickel, and cobalt deposits across three 100%-owned Spanish projects (Escacena, Cármenes, Águilas) for sale or development by mid-tier and major miners.
- Ownership category
- akta.pro rank
Pan Global Resources industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Copper Exploration & Resource Development (IMAKADAA)
- akta.pro secondary industries
- Precious Metals Exploration & Project Development (IMAKAEAI), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
Keywords
Where Pan Global Resources is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Pan Global Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Distribution channels1 record
Marketing channels5 records
Pan Global Resources product offering
Product offeringCore offering
Pan Global Resources Inc. is a junior mining exploration company engaged in the discovery and delineation of copper, gold, tin, silver, nickel, and cobalt mineral deposits across three 100%-owned exploration projects in Spain (Escacena, Cármenes, and Águilas). The company employs systematic exploration methodologies including geophysical surveys, soil geochemistry, and diamond drilling to advance deposits toward NI 43-101 mineral resource estimates, with the long-term objective of developing or divesting these assets to producing mining companies. To date, the company has reported maiden Mineral Resource Estimates for the La Romana copper-tin-silver deposit (32.4 Mt M&I) and the Cañada Honda copper-gold deposit (5.0 Mt Inferred).
Product overview
Pan Global Resources is a junior mining exploration company focused on discovering and developing copper, gold, tin, silver, nickel, and cobalt mineral deposits in Spain. The company's project portfolio consists of three mineral exploration projects: (1) the flagship Escacena Project in the Iberian Pyrite Belt (southern Spain), which hosts the La Romana copper-tin-silver deposit and Cañada Honda copper-gold deposit along with 15 untested drill targets; (2) the Cármenes Project in northern Spain's Rio Narcea Gold Belt, featuring the Providencia gold-copper-nickel-cobalt discovery and 25+ exploration targets; and (3) the Águilas Project in Andalucía covering copper-zinc-lead-silver targets. The company operates as a project generator and explorer without a unified software product or platform offering.
Differentiator
Problem solved
Functional benefit
Products and services
- Escacena Project A 100%-owned copper-tin-silver exploration project located in the Iberian Pyrite Belt, southern Spain, covering more than 5,700 hectares (with total land package exceeding 13,000 hectares including extensions). The project hosts the La Romana copper-tin-silver deposit and the Cañada Honda copper-gold deposit, with more than 170 drillholes completed at La Romana achieving a 99% hit rate. Neighbors Grupo México's Aznalcóllar/Los Frailes projects and lies 12 km west of First Quantum's Cobre Las Cruces mine.
- Cármenes Project A 100%-owned copper-gold-nickel-cobalt exploration project located on the Rio Narcea Gold Belt in northern Spain, covering 5,653 hectares. The project includes the Providencia target with confirmed gold-copper-nickel-cobalt mineralization (surface channel sampling of 20.2 g/t Au over 5.0 meters) and over 25 high-priority exploration targets identified through soil geochemistry, airborne geophysics, and geological mapping.
- Águilas Project A 100%-owned base metals exploration project focused on copper-zinc-lead-silver, located near Córdoba in northern Andalucía, covering approximately 16,000 hectares. The project was among the company's initial Spanish exploration assets.
- La Romana Deposit A copper-tin-silver Volcanic Massive Sulphide (VMS) deposit within the Escacena Project with Measured and Indicated Mineral Resources of 32.4 Mt grading 0.37% Cu, 270 ppm Sn, and 1.7 g/t Ag, containing 119.5 kt copper, 8.8 kt tin, and 1.7 Moz silver. Metallurgical testing demonstrated 88% copper recovery with concentrate grades up to 32.5% copper (highest in the Iberian Pyrite Belt) and 63.2% tin concentrate grade via conventional gravity separation.
- Cañada Honda Deposit A copper-gold-silver deposit within the Escacena Project with Inferred Mineral Resources of 5.0 Mt grading 0.65 g/t Au, 0.14% Cu, and 1.2 g/t Ag, containing 104 koz gold and 6.8 kt copper.
Quantifiable outcome
- 192 drillholes at La Romana with 99% hit rate for mineralization
- +3 more outcomes
Companies that use Pan Global Resources
Customer profileSegments1 record
Ideal customer profiles2 records
Pan Global Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Pan Global Resources partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Pan Global Resources competitors and assessment
Company assessmentDirect peers
- Atalaya Mining: Operator of the Riotinto copper mine in the Iberian Pyrite Belt, southern Spain, the same district as Pan Global's Escacena Project. Most directly comparable peer given shared IPB geology, copper focus, and Spanish operating jurisdiction.
- SolGold: Junior copper-gold explorer focused on tier-one jurisdictions (Cascabel project in Ecuador). Comparable stage of resource definition, similar size, and shared focus on porphyry/VMS-style copper-gold discoveries with major-miner interest.
- Filo Mining: Copper-gold-silver exploration company advancing the Filo del Sol project in the Vicuña district. Similar junior explorer profile with high-grade copper-gold discoveries and an active drill-program news flow that has attracted major-miner partnerships (BHP-Lundin JV).
Broad incumbents
- First Quantum Minerals: Mid-tier copper producer operating the Cobre Las Cruces mine located just 12 km from Pan Global's Escacena Project. A much larger, established copper operator in the same district whose development timeline and infrastructure decisions materially affect Pan Global's strategic context.
- Grupo México: Major Latin American mining conglomerate that owns the Los Frailes/Aznalcóllar projects adjacent to Pan Global's Escacena Project in the Iberian Pyrite Belt. Represents the dominant neighboring operator and a likely potential acquirer or partner.
- Capstone Copper: Mid-tier copper producer with operations in the Americas (Pinto Valley, Mantos Blancos, Mantoverde, Santo Domingo). Comparable as a copper-focused mid-cap whose growth pipeline includes development-stage projects analogous to Pan Global's path from exploration to producer.
- Sandfire Resources:
Emerging players
- Cornish Metals: UK-based junior developing the South Crofty tin-copper mine in Cornwall. Closely comparable given the shared tin exposure (a key credit at La Romana), UK/European operating context, and similar pre-revenue junior-mining stage.
Others
- EMX Royalty Corp: Royalty and mineral-rights generator with assets across Europe (including Spain) and the Americas. Adjacent to Pan Global through shared European exploration footprint and a comparable capital-light model of advancing early-stage mineral projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Pan Global Resources social profiles
Digital presencePan Global Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pan Global Resources leadership team
Management profileNumber of profiles
Profiles8 records
Pan Global Resources funding detail
Funding detailFunding overview
Funding rounds8 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pan Global Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pan Global Resources
What does Pan Global Resources do?
Pan Global Resources Inc. is a junior mining exploration company engaged in the discovery and delineation of copper, gold, tin, silver, nickel, and cobalt mineral deposits across three 100%-owned exploration projects in Spain (Escacena, Cármenes, and Águilas). The company employs systematic exploration methodologies including geophysical surveys, soil geochemistry, and diamond drilling to advance deposits toward NI 43-101 mineral resource estimates, with the long-term objective of developing or divesting these assets to producing mining companies. To date, the company has reported maiden Mineral Resource Estimates for the La Romana copper-tin-silver deposit (32.4 Mt M&I) and the Cañada Honda copper-gold deposit (5.0 Mt Inferred).
Is Pan Global Resources a public or private company?
Pan Global Resources is a public company. It is classified as public and is currently operating.
When was Pan Global Resources founded?
Pan Global Resources was founded in 2018. It employs 11 to 50 people.
Where is Pan Global Resources based?
Pan Global Resources is headquartered in Vancouver, Canada, in the North America region.
Who are Pan Global Resources's main competitors?
Direct peers on record are Atalaya Mining, SolGold and Filo Mining. Broad incumbents are First Quantum Minerals, Grupo México, Capstone Copper and Sandfire Resources. Cornish Metals is listed as an emerging player. EMX Royalty Corp is listed as an others.
Does Pan Global Resources have an API?
No public API is recorded for Pan Global Resources.
What industry is Pan Global Resources in?
Pan Global Resources's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKADAA, Copper Exploration & Resource Development, with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212230 and its SIC code is 1040.