I attempted to make a Pomegranate Pequin Jelly this year with Pequins i got from a local market, POM juice, and Key Lime juice to help it set...
as i had never made a jelly with pomegranate before, this was an experiment. I ended up getting distracted
and overcooking it while reducing
it ended up
Not Jelly... oops
turned out more like a paste actually. I Plan on using it in marinades, glazes, and quick sauces instead of on Bagels, or Toast.
it has a unique yet familiar flavor (closest i can place it to is the Tamarindo candy we ate when i was a kid, but i think that was made with chili de arbol)
anyway it was a fun experiment that turned out a tasty sweet and slightly tart, spicy paste.
I don't know if this experience will help you much, but that's what i have to add for personal experience working with chilies and Pomegranate
Best of luck, and please share your results when you do make your sauce
Guatemalan
Insanity
Pepper