Pan Global Resources

Pan Global is actively targeting copper-gold rich mineral deposits in Spain. The Company’s flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain. To date, a copper-tin-silver discovery and copper-gold discovery have been made there, and Pan Global is testing at least seven additional targets in 2025 with the goal of adding more discoveries. The Iberian Pyrite Belt has a long-standing favourable permitting track record, excellent infrastructure, mining and professional expertise, as well as support for copper as a Strategic Raw Material by the European Commission, which collectively define a tier-one jurisdiction for mining investment. The Company has also made a recent gold discovery at its Cármenes Project in northern Spain and is actively drilling this target today. 

Pan Global is a member, and operates under the principles of, the United Nations Global Compact. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities.

Management Profile:

TIM MOODY – President, CEO and Director
The Company is led by President and CEO Tim Moody, who has more than 30 years of experience in the mining industry including mineral exploration, resource assessment, business development, strategy and government relations. He spent 24 years with Rio Tinto, where he held the posts of Exploration Director (2005-2010) and Vice President and Director of Business Development (2010-2015). He currently holds directorships on the boards of Mirasol Resources, Prism Resources, and Indico Resources. Mr. Moody has a Bachelor of Science in Geology and Geophysics (Honours) from the University of New England. He is a graduate of the Senior Leadership Program from the London Business School, a graduate of the Business Leadership Development Program from the Australian Graduate School of Management and a Fellow of the Society of Economic Geologists. 

JASON MERCIER – Vice President, Investor Relations
Jason Mercier, VP Investor Relations, is an investor and communications professional with more than 25 years of experience acquired in a range of mining companies, from exploration-stage juniors to a $15 billion market cap producer. Most recently, he was the global investor relations, and external communications lead for a base and precious metals producer.

What is your rationale for taking part in 121 Mining Investment?

We wish to engage with investors aligned with the Company's approach to create value for investors and communities by exploring and discovering copper deposits in Spain - a country with a favourable permitting track record, excellent infrastructure, and mining and professional expertise. Copper is designated a Strategic Raw Material by the European Commission and the Company's main deposit also contains tin, which is rare in European VMS deposits. As well as copper discoveries, Pan Global has made discoveries of gold at two of its projects: Escacena and Cármenes, and this provides additional value for investors.

What recent news would you like to highlight to investors attending?

September 16, 2025 – PAN GLOBAL APPOINTS ROGER DAVEY TO BOARD OF DIRECTORS
September 9, 2025 – PAN GLOBAL INTERSECTS 3.01 G/T GOLD OVER 34 METERS NEAR SURFACE, INCLUDING 8.93 G/T GOLD OVER 5 METERS, AT CÁRMENES PROJECT, SPAIN
June 18, 2025 – PAN GLOBAL INTERCEPTS FURTHER HIGHER-GRADE GOLD AND COPPER MINERALIZATION AT CÁRMENES PROJECT, SPAIN
June 3, 2025 – PAN GLOBAL WELCOMES APPROVAL OF GRUPO MEXICO'S ADJACENT LOS FRAILES MINE 
May 19, 2025 – PAN GLOBAL INTERSECTS 1.08 G/T GOLD OVER 46 METERS FROM NEAR SURFACE IN FIRST DRILLHOLE AT CÁRMENES PROJECT, SPAIN 
February 11, 2025 – Cármenes Providencia target channel and trench sample results with 3.1g/t over 37 meters 
January 27, 2025 – Cármenes Providencia target geochemistry results report high grades of gold at surface

What are your key goals for the next 3, 6 and 12 months?

3 Months

Issue maiden Resource estimate for the Escacena Project, southern Spain by year-end 2025

6 Months

Continue drill testing new targets and expand existing deposits at Escacena Project, and conduct phase 2 drill program at Cármenes 

12 Months

Continue drill testing new targets and expand existing copper deposits at Escacena Project, and conduct phase 2 drill program at copper-gold Cármenes targets

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Efficiently and effectively fund continued drilling at the Company's exploration projects in Spain.

What do you think makes your company such a compelling investment?

A Clear Objective: 

Our objective is to establish a 100-million-tonne total Resource at our flagship Escacena Project in southern Spain through additive discoveries. Pan Global intends to release a maiden La Romana NI 43-101 Mineral Resource Estimate by the end of 2025. The La Romana deposit continues to expand with drilling, and the potential to make additional discoveries from 15+ untested targets at Escacena is high. 

The emerging gold discovery at the Cármenes Project in northern Spain offers potential additional upside as an overlooked historical mining district where drilling in mid-2025 has intercepted 30+ meters of 3 g/t gold. 

Low-risk profile, high-reward potential

• La Romana is one of the few new copper discoveries in Europe with potential for production this decade 
• Near-term copper-tin-silver maiden Mineral Resource at La Romana, undergoing expansion + delineation, 190+ drillholes to date (37,000m)
• Upside from a strong pipeline of 100%-owned exploration targets at Escacena Project; Drilling in-progress at multiple targets
• First gold discovery in Spain in decades at Cármenes Project in northern Spain and more than 30 other similar targets nearby on Pan Global concessions

What are the top 3 key investor takeaways?

Pan Global has greater optionality and more ways to win than with almost any other copper exploration company in the field. The reason for this optionality is that it excels in three areas: Place, People, and Project. 

The jurisdiction of Spain - Place - is excellent in all key metrics used to evaluate mining projects - jurisdiction, low-cost energy, trained professional labour force, permitting process, and legal stability. 

The People behind Pan Global are experienced in the full life cycle of mining, from a history of discoveries in South America and Europe, through development and permitting, to working and managing active mines. 

The Company's portfolio of projects - including its highly prospective Escacena Project in southern Spain with two discoveries to date and the emerging Cármenes Project gold discovery in northern Spain - have proven to have significant mineralization, with copper, gold, tin, and silver found so far at Escacena - and more than a dozen targets to test, including the large Bravo target where drilling is being conducted today. 

2025 Plan & Catalysts
Multi-target 20-30 drillhole program (7,000 m) with seven targets at Escacena and Cármenes 
Escacena Project:
• La Romana expansion, resource delineation drilling
• Multiple new drill targets 
• Maiden La Romana NI 43-101 Mineral Resource Estimate
Cármenes Project:
• First systematic exploration (mapping, geochemistry, and heliborne geophysics surveys) 
• First drilling at Providencia target