Key facts
| Company | P2 Gold (TSXV: PGLD) |
|---|---|
| Location | Nevada, USA |
| Stage | Early exploration |
News releases38 on file
P2 Gold Gabbs Project Update: Feasibility Study on Track
A feasibility study for the 100%-owned Gabbs gold-copper project in Nevada is targeted for completion in Q1 2027, with an updated mineral resource estimate expected in Q4 2026 following 96 RC and 39 diamond drill holes. The study will now assume a mill operating at 12 million tonnes per year from year three, alongside heap leaching of 12 to 14 million tonnes per year in years one and two. A detail
Study resultsP2 Gold: Car Body Zone Metallurgy and Drill Results Support Plans to Accelerate Mining and Cash Flow; Gabbs Project Update
Column leach tests on three oxide samples from the Car Body Zone at the Gabbs gold-copper project in Nevada returned average gold recovery of 78.3% at 7 days, 92.7% at 39 days and 95.6% at 73 days. Metallurgical drill hole GBD-011 cut 0.76 g/t gold over 39.62 metres from 9.14 metres, including 13.72 metres at 1.62 g/t, and GBD-013 cut 0.78 g/t over 28.19 metres. An updated mineral resource estimat
Study resultsP2 Gold: Gabbs Geotechnical Drilling Confirms Lucky Strike Zone Remains Open in All Directions
Three geotechnical diamond drill holes at the Lucky Strike Zone of the Gabbs Project on Nevada's Walker-Lane Trend returned gold-copper mineralization at the margins of the planned open pit, including 0.50 g/t gold and 0.20% copper over 123.44 meters from 166.12 meters in GBD-039, and 0.44 g/t gold and 0.36% copper over 25.91 meters from 144.78 meters in GBD-022. An additional 15,000 meters of RC
Drill resultsP2 Gold: Gabbs Geotechnical Drilling Confirms Sullivan Zone Remains Open for Expansion Down Dip
Five diamond drill holes (GBD-007 to GBD-010 and GBD-017) at the Sullivan Zone of the Gabbs Project on Nevada's Walker-Lane Trend all intersected gold-copper mineralization at the planned pit margins, including 0.50 g/t gold and 0.27% copper over 140.21 meters from 99.36 meters in GBD-008 and 0.38 g/t gold and 0.18% copper over 123.44 meters from 62.48 meters in GBD-010. A 7,500-meter RC program w
Drill resultsP2 Gold Gabbs Project Update: Feasibility Study on Track
A feasibility study for the 100%-owned Gabbs gold-copper project in Nevada remains targeted for completion in the fourth quarter of 2026, using a nominal production rate of 12 million tonnes per year targeting average annual output of 150,000 ounces gold and 45 to 50 million pounds copper. Since October 2025, 69 RC holes have been drilled (24 at Sullivan, 45 at Lucky Strike), plus 29 geotechnical/
Study resultsGabbs Project Feasibility Study: Nominal Production Rate Increased to 12 Million Tonnes per Year and Mill Operations Advanced to Year Three
The feasibility study for the 100%-owned gold-copper Gabbs Project in Nevada will use a nominal production rate of 12 million tonnes per year, up from 9 million, with heap leach at 14 million tonnes per year in years one and two and mill start-up advanced from year six to year three at seven million tonnes per year. The study is targeted for completion in the fourth quarter of this year, with meta
Study resultsP2 Gold Signs Definitive Water Rights Agreement for the Gabbs Project
A definitive agreement dated April 1, 2026 with an arm's length private vendor will give wholly-owned subsidiary P2 Gabbs Inc. 2,500 acre-feet per year of water rights in Nevada's Gabbs Basin, on terms unchanged from the March 25, 2026 news release. Closing depends on the Nevada Division of Water Resources transferring the points of diversion, places of use and manner of use from irrigation to min
CorporateP2 Gold Announces Infill and Expansion Drill Results from Gabbs
Results from the final seven RC holes (GBR-067 to 073) at the Sullivan Zone of the Gabbs Project on Nevada's Walker Lane Trend include 0.43 g/t gold and 0.19% copper over 71.63 meters from 25.91 meters in GBR-068, 0.55 g/t gold and 0.34% copper over 60.96 meters from 28.96 meters in GBR-069, and 0.41 g/t gold and 0.23% copper over 70.10 meters from 74.68 meters in GBR-073. Sullivan drilling totall
Drill resultsP2 Gold Announces Infill and Expansion Drill Results from Gabbs
Results from 11 additional reverse circulation holes (GBR-056 to 066) at the Sullivan Zone of the Gabbs Project on Nevada's Walker Lane Trend include 0.54 g/t gold and 0.36% copper over 50.29 meters from 32.00 meters in GBR-062, 0.51 g/t gold and 0.39% copper over 59.44 meters from 47.24 meters in GBR-064, and 0.69 g/t gold and 0.31% copper over 76.20 meters from 56.39 meters in GBR-066. An update
Drill resultsP2 Gold Announces First Drill Results from Infill and Expansion Drilling at Gabbs
Drilling at the Sullivan Zone of the Gabbs Project on Nevada's Walker-Lane Trend returned 0.96 g/t gold and 0.32% copper over 38.10 meters from 4.57 meters in hole GBR-051, 0.58 g/t gold and 0.35% copper over 67.06 meters from surface in GBR-053, and 0.76 g/t gold and 0.29% copper over 85.34 meters from surface in GBR-054. Twenty-four holes have been drilled at Sullivan since mid-October, with eig
Drill resultsP2 Gold Files Gabbs PEA Technical Report
A NI 43-101 technical report for the Preliminary Economic Assessment of the Gabbs Heap Leach and Mill Project in Nye County, Nevada, with an effective date of October 7, 2025, has been filed on SEDAR+ and the company's website. The PEA outlines annual average production of 109,000 ounces gold and 15,000 tonnes copper over a 14.2-year mine life. The report was prepared by independent qualified pers
Study resultsP2 Gold Gabbs Project Update
Drilling is underway at the wholly-owned Gabbs gold-copper project on Nevada's Walker Lane Trend, with a reverse circulation rig mobilized October 22, 2025 and 12 of 24 planned holes (4,900 metres) completed at the Sullivan Zone, followed by a 47-hole, 10,000-metre program at Lucky Strike. A diamond rig is mobilizing for 17 geotechnical and metallurgical holes totaling 3,500 metres. Feasibility st
CorporateP2 Gold 2025 PEA Update Delivers Strong Economics and Increased Metal Production
An updated preliminary economic assessment for the wholly-owned Gabbs gold-copper project in Nevada shows an after-tax NPV(5%) of US$2.253 billion and 77.5% IRR at spot prices of US$3,885/oz gold, US$47.92/oz silver and US$4.81/lb copper, with payback under one year. Base case at US$2,350 gold gives NPV(5%) of US$942.9 million and 33.8% IRR. Pre-production capital is US$382.7 million, with life-of
Study resultsP2 Gold: Gabbs Project Exploration Update
Notices of Extension have been received from the Bureau of Land Management of Nevada for the Sullivan and Lucky Strike Zones, permitting drilling at P2 Gold's wholly-owned Gabbs gold-copper project on the Walker-Lane Trend in Nevada. A reverse circulation drill is being mobilized and drilling is expected to start in mid-October under a planned 4,500-meter program to expand and upgrade Sullivan Zon
Drill resultsP2 Gold Announces Closing of Second Tranche of Financing
The second tranche of P2 Gold's non-brokered private placement closed with 25,034,500 units at $0.20 per unit for gross proceeds of $5,006,900, part of an offering of up to 55 million units for up to $11,000,000. Each unit includes one common share and one warrant exercisable at $0.30 for two years, not exercisable for 60 days after issue. Finder's fees of $64,500 and 322,500 warrants were paid. P
FinancingP2 Gold Announces Closing of First Tranche of Financing
The first tranche of P2 Gold's non-brokered private placement closed with 29,965,500 units at $0.20 per unit for gross proceeds of $5,993,100, part of an offering of up to 55 million units for up to $11,000,000. Each unit includes one common share and one warrant exercisable at $0.30 for two years, not exercisable for 60 days after issue; the acceleration provision was removed. Finder's fees of $2
FinancingP2 Gold Upsizes Financing
A previously announced non-brokered private placement has been upsized to 55 million units from 30 million units at $0.20 per unit, for gross proceeds of up to $11,000,000, offered under the listed issuer financing exemption. Each unit includes one common share and one warrant exercisable at $0.30 for two years, not exercisable for 60 days after issue, with the acceleration provision removed. Proc
FinancingP2 Gold Announces Financing
A non-brokered private placement of up to 30 million units at $0.20 per unit for gross proceeds of up to $6,000,000 is planned, using the listed issuer financing exemption. Each unit includes one common share and one warrant exercisable at $0.30 for two years, not exercisable for 60 days, with an acceleration right if shares close at $0.50 or more for 10 consecutive trading days. Proceeds will fun
FinancingP2 Gold Announces Increased Gold, Copper and Silver Recoveries for 2025 PEA Update and Retains Communications Firms
Final Phase Three Metallurgical Program recoveries at the gold-copper Gabbs Project on Nevada's Walker Lane Trend were 88% gold, 63% silver and 69% copper; after a nominal reduction for heap leach application, the 2025 PEA Update will use 85% gold, 60% silver and 67% copper, versus 78%, 45% and 54% in the May 2024 PEA. P2 Gold also retained witan nook Communications for six months from August 5, 2
Study resultsP2 Gold Announces Positive Metallurgical Results with Higher Gold, Silver and Copper Recoveries
Phase 3 metallurgical column tests at the Gabbs gold-copper project in Nevada returned average recoveries after 115 days of leaching of 88.1% gold, 81.6% silver and 66.5% copper, versus the 78% gold, 45% silver and 54% copper recoveries used in the May 2024 Preliminary Economic Assessment. The program, run by Kappes, Cassiday & Associates in Reno, ended at 115 days with copper and silver recoverie
Study resultsP2 Gold Announces Positive Interim Metallurgical Results
Interim column leach results after 58 days from the Phase Three metallurgical program at the Gabbs gold-copper project on Nevada's Walker Lane Trend showed average recoveries of 86.6% gold, 73.5% silver and 56.6% copper, versus 59.4%, 40.2% and 28.4% in Phase Two at the same point and 78%, 45% and 54% used in the May 2024 preliminary economic assessment. The program, run by Kappes, Cassiday & Asso
Study resultsP2 Gold Announces Management, Metallurgical Testwork Updates
P2 Gold's senior management team has been retained by Tudor Gold Corp. to support its Treaty Creek gold-copper project in British Columbia's Golden Triangle, while P2 continues advancing its wholly-owned Gabbs gold-copper project in Nevada; senior management and the Board own 23% of issued and outstanding shares. Phase Three metallurgical testwork at Gabbs, run by Kappes, Cassiday & Associates in
ManagementP2 Gold Announces Positive Sullivan Zone Sample Assay Results from Gabbs Project; Commences Further Metallurgical Testwork
A 338-kilogram panel sample measuring about 1 metre by 30 metres from the Sullivan Zone at the Gabbs gold-copper project in Nevada assayed 2.029 gpt gold, 15.79 gpt silver and 0.42% copper, while a composited drill core sample returned 0.663 gpt gold, 0.99 gpt silver and 0.34% copper. A Phase Three Metallurgical Program by Kappes, Cassiday & Associates in Reno is underway, column leaching roughly
Drill resultsP2 Gold Makes Final Payment for Acquisition of Gold-Copper Gabbs Project
A final payment of US$100,000 has been made to Waterton Nevada Splitter, LLC, completing P2 Gold's obligations for the acquisition of the gold-copper Gabbs Project on Nevada's Walker Lane Trend. Using the May 22, 2024 preliminary economic assessment and spot prices of $2,909 gold, $32 silver and $4.22 copper, the company states Gabbs has a 43.3% internal rate of return and a US$1.2 billion net pre
AcquisitionP2 Gold Closes the Sale of the Ball Creek Claims (BAM Project)
The sale of the Ball Creek Claims (BAM Project) to Kingfisher Metals Corp. has closed, with P2 Gold receiving 1,515,151 Kingfisher common shares and C$950,000 in cash for the claim transfer. The transaction was first announced on December 5, 2024. Proceeds will fund additional metallurgical test work and permitting of production water wells at the Gabbs Project on the Walker Lane Trend in Nevada.
AcquisitionP2 Gold Announces Sale of Ball Creek (BAM) Claims
A definitive agreement signed December 4, 2024 will sell P2 Gold's Ball Creek Claims (BAM Project) to arm's length Kingfisher Metals Corp. for $1 million cash — $50,000 on signing and $950,000 at closing — plus $250,000 in Kingfisher shares priced at the closing price immediately prior to announcement. Closing is anticipated on or about February 28, 2025, subject to TSX Venture Exchange approval a
AcquisitionP2 Gold Files Gabbs PEA Technical Report
A NI 43-101 technical report for the preliminary economic assessment of the Gabbs Heap Leach and Mill Project in Nye County, Nevada has been filed, with an effective date of May 17, 2024, available on SEDAR and the company website. The report was prepared by independent qualified persons from Kappes, Cassiday & Associates, P&E Mining Consultants and Welsh Hagen Associates. The PEA outlines annual
Study resultsEskay Mining and P2 Gold Agree to Combine to Focus on Gold and Copper Exploration and Development in the Golden Triangle and Nevada
Eskay Mining will acquire P2 Gold under a non-binding letter of intent dated June 4, 2024, exchanging each diluted P2 share for 0.2778 of an Eskay share, leaving Eskay shareholders with about 80% and P2 shareholders about 20% of the combined company. Joe Ovsenek becomes President and CEO and Mac Balkam becomes Chair, with the Eskay-Corey Property in British Columbia's Golden Triangle the initial e
AcquisitionP2 Gold Increases Scale of Gabbs with Annual Average Production of 104,000 Ounces Gold and 13,500 Tonnes Copper Over 14.2 Years in Positive PEA
An updated preliminary economic assessment for the wholly-owned Gabbs gold-copper project in Nevada outlines a 14.2-year mine life producing 1.471 million ounces of gold, 2.058 million ounces of silver and 190 thousand tonnes of copper, averaging 104,000 ounces of gold and 13,500 tonnes of copper annually. At spot prices of US$2,414/oz gold, US$31.48/oz silver and US$4.71/lb copper, after-tax NPV(
Study resultsP2 Gold Increases Inferred Resources at Gabbs by 69%
An updated mineral resource estimate for the wholly-owned Gabbs Project in Nevada reports Indicated resources of 49.8 million tonnes at 0.73 g/t gold equivalent (1.16 million oz AuEq) and Inferred resources of 112.2 million tonnes at 0.63 g/t gold equivalent (2.29 million oz AuEq). The increase reflects lower cut-off grades of 0.27 g/t AuEq for oxide (from 0.28 g/t) and 0.36 g/t AuEq for sulphide
Resource updateP2 Gold Gabbs Update
A new preliminary economic assessment for the wholly-owned gold-copper Gabbs Project on Nevada's Walker-Lane Trend is expected in the second quarter of 2024, re-evaluating the September 2023 PEA by assessing inclusion of lower grade mineralized material above the heap leach and mill cutoff grades. The 2024 PEA is expected to comprise a heap leach operation plus a mill starting after initial heap l
CorporateP2 Gold Closes Agreement to Settle Outstanding Debt and Convertible Debenture Unit Offering
An agreement to settle outstanding debt from the Gabbs Project acquisition has closed, along with a first tranche of a non-brokered private placement of convertible debenture units for $1,362,000. Under the termination agreement with Waterton Nevada Splitter, LLC, P2 paid US$1 million and issued 5,231,869 shares at a deemed price of C$0.07, with US$125,000 due on or before January 31, 2025 and US$
FinancingP2 Gold Announces Agreement to Settle Outstanding Debt and Convertible Debenture Unit Offering
An agreement has been reached with Waterton Nevada Splitter, LLC to settle outstanding debt from the Gabbs Project acquisition, under which P2 Gold will pay US$1 million and issue 5,231,869 common shares following TSXV approval, plus US$125,000 by January 31, 2025 and US$125,000 by January 31, 2026, raising Waterton's holding to 19.9%. A concurrent non-brokered private placement of up to 1,700 con
FinancingP2 Gold Files Gabbs Project Technical Report
A NI 43-101 technical report titled "NI 43-101 Technical Report, Preliminary Economic Assessment, Gabbs Heap Leach and Mill Project, Nye County, Nevada, USA", with an effective date of September 7, 2023, has been filed on SEDAR and the company's website. The report was prepared by qualified persons from Kappes, Cassiday & Associates, P&E Mining Consultants Inc. and Welsh Hagen Associates, each ind
Study resultsP2 Gold Announces Positive Gabbs Updated Preliminary Economic Assessment with Life of Mine Production of 1.86 Million Gold Equivalent Ounces
An updated Preliminary Economic Assessment for the wholly-owned Gabbs gold-copper project in Nevada shows an after-tax NPV (5%) of US$292.2 million and a 17.0% IRR at spot prices of US$1,918/oz gold, US$23.01/oz silver and US$3.73/lb copper, with LOM revenue of US$3.43 billion over a 13.4-year mine life. Life-of-mine production is estimated at 1.86 million gold equivalent ounces, averaging 139,000
Study resultsP2 Gold Project Updates: BAM Drilling Results and Gabbs PEA Update
Two drill holes at the BAM gold-copper project in British Columbia's Golden Triangle — BAM-102 to 509.0 metres and BAM-103 to 404.1 metres — did not intersect significant mineralization, though age dating indicates Jan Copper Zone mineralization relates to intrusives dating 321 million years while the Monarch Gold Zone is hosted in Late Triassic rocks younger than 220 million years. An updated PEA
Drill results