PAN GLOBAL SAMPLES 1.14 G/T GOLD OVER 26 METERS FROM NEAR SURFACE AT CANADA HONDA TARGET, ESCACENA PROJECT, SOUTHERN SPAINUSA - EnglishUSA - DeutschUSA - EnglishUSA - españolUSA - Français

TSXV: PGZ | OTCQB: PGZFF | FRA: 2EU

• Confirms wide zone of near-surface gold mineralization up-dip from drill intercepts with copper-gold VMS-style and gold-only mineralization at Cañada Honda discovery
• 3-km-long gravity and EM anomaly highlights potential for a large-scale deposit
• Strong potential to expand both gold and copper mineralization

VANCOUVER, BC, Nov. 18, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce the results of continuous twin saw-cut channel sampling within a historical mine tunnel at the Cañada Honda target in the Company's 100%-owned Escacena Project ("Escacena") in the Iberian Pyrite Belt, southern Spain. The channel sampling follows a maiden 16-hole drill campaign completed in 2024 on the eastern end of the Cañada Honda target. The results support targeting for a Phase 2 exploration drill program at Cañada Honda in 2026.

Figure 1 – Gravity anomaly map showing the location of the Cañada Honda target, and other selected targets in Escacena and new Escacena South area (CNW Group/Pan Global Resources Inc.)

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Figure 2 – Cañada Honda gravity anomaly map, Cross Section plus tunnel location (Fig. 3), and selected Pan Global drill results (CNW Group/Pan Global Resources Inc.)

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Figure 3 – Summary Geology Cross Section, Cañada Honda tunnel and selected drillhole results (CNW Group/Pan Global Resources Inc.)

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Figure 4 – Cañada Honda tunnel map with channel sample gold assay results (CNW Group/Pan Global Resources Inc.)

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