VANCOUVER, BC, Sept. 8, 2023 /CNW/ - P2 Gold Inc. reports that it has received the results from the two drill holes completed during the 2023 exploration program at its gold-copper BAM Project located in the Golden Triangle of northwest British Columbia and that an updated preliminary economic assessment on its Gabbs Project in Nevada is nearing completion. BAM Project Drill hole BAM-102, drilled to a depth of 509.0 [...]
P2 Gold Inc. reports it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report entitled "NI 43-101 Technical Report, Preliminary Economic Assessment Gabbs Project, Nye County, Nevada, USA", with an effective date of June 29, 2023 . The Gabbs Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.p2gold.com. The [...]
VANCOUVER, BC, July 14, 2023 /CNW/ - P2 Gold Inc. reports that it has completed the first two drill holes and the 2023 mapping and sampling program at its gold-copper BAM Project located in the Golden Triangle of northwest British Columbia. "We have completed drilling our priority exploration targets beneath the Monarch Gold and Jan Copper zones," commented Joe Ovsenek, President & CEO of P2. "However, due to market [...]
P2 Gold Inc. reports results from a positive Preliminary Economic Assessment on its wholly-owned gold-copper Gabbs Project located on the Walker-Lane Trend in Nevada. The PEA was prepared by Kappes, Cassiday & Associates of Reno, Nevada with Mineral Resource and mining contributions from P&E Mining Consultants Inc. in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects . An NI 43-101 [...]
P2 Gold Inc. reports that it has commenced drilling at its gold-copper BAM Project located in the Golden Triangle of northwest British Columbia. The 2023 BAM Project Drill Program builds on the three prior years' exploration and is targeting the porphyry system interpreted to be feeding the surface mineralization at the Monarch Gold Zone and Jan Copper Zone. Exploration crews mobilized to BAM in mid-May and quickly [...]
P2 Gold Inc. reports that it has closed the second tranche of its non-brokered private placement of non-flow-through units at $0.27 per Unit, for gross proceeds of up to approximately $1.5 million , previously announced on April 5, 2023 and May 4, 2023. The Second Tranche consisted of 785,632 Units for gross proceeds of approximately $212,000. Each Unit consists of one non-flow-through common share in the capital of the [...]
P2 Gold Inc. reports that pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees and consultants of the Company to purchase an aggregate of 2,258,333 common shares in the capital of the Company at an exercise price of $0.24 per share, which expire on May 24, 2025. Following this stock option grant, the Company has a total of 8,032,499 stock options outstanding representing [...]
P2 Gold Inc. reports that, subject to TSX Venture Exchange approval, it has restructured the option agreement dated June 29, 2020 to acquire 100% of the BAM Property by extending the term of the option. The BAM Property is located in the Golden Triangle in northwest British Columbia and together with the Company's adjoining Ball Creek Claims is known as the BAM Project. . In extending the term of the option, the Company [...]
P2 Gold Inc. reports that it intends to increase the size of its non-brokered private placement of flow-through units and non-flow-through units , previously announced on April 5, 2023, and that it has closed the first tranche of the Private Placement consisting of 6,397,000 flow-through units in the capital of the Company at a price of $0.32 per FT Unit for gross proceeds of approximately $2.05 million and 2,826,295 [...]
P2 Gold Inc. reports that it intends to complete a non-brokered private placement of flow-through units and non-flow-through units . Flow-Through Offering The FT Offering will consist of up to 9.5 million flow-through units in the capital of the Company at a price of $0.32 per FT Unit for gross proceeds of up to approximately $3 million. Each FT Unit will consist of one flow-through common share in the capital of the [...]
P2 Gold Inc. provides an update on its wholly-owned gold-copper Gabbs Project located on the Walker-Lane Trend in Nevada. Preliminary Economic Assessment The Company has restarted the preliminary economic assessment on the Gabbs Project, which is expected to be completed in the third quarter of this year. The PEA was originally expected to be completed in the fourth quarter of 2022; however, the PEA was paused late in the [...]
P2 Gold Inc. reports that, following the approval of the TSX Venture Exchange , it has closed the restructuring of the outstanding payment terms for the acquisition of the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. . In closing the restructuring, the Company issued 2,659,748 shares in the capital of the Company to Waterton Nevada Splitter, LLC , an affiliate of [...]