Pan Global Resources Inc. announced that the Board of Directors of the company has approved plans for a fully funded 20,000-meter drill program at the Company's Escacena Project ("Escacena"). Escacena is located approximately 35 kilometers northwest of Seville on the Iberian Pyrite Belt in southern Spain, a prolific volcanogenic massive sulphide (VMS) district and tier one mining jurisdiction with a number of significant producing copper and polymetallic mines. Catalysts for 2023 include: Assay results from the ongoing exploration drilling at La Romana, the Romana Deep target (electromagnetic anomaly on the down-dip projection of the La Romana mineralization) and Zarcita target (located 4 km north of La Romana); Gaining access to the west and east of La Romana to continue testing extensions of the geophysics target Ongoing La Romana metallurgy testwork; Assay results from drilling on additional exploration targets.