TSX-V: PGLD
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Vol: 17,500
OTCQB: PGLDF
Last: 0.1786
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P2 Gold Inc. is a precious metals and copper exploration company founded by a management team with a proven track record of discovery and successfully developing exploration projects into mines. P2 is focused on the advance of its BAM gold/copper discovery in BC’s Golden Triangle with an initial Mineral Resource estimate for near-surface gold mineralization open in multiple directions and with significant exploration potential for a gold/copper porphyry system at depth. P2 is also completing a preliminary economic assessment on its gold/copper Gabbs Project on the Walker-Lane Trend in Nevada.
BAM’s Monarch Gold Zone was first discovered by P2 in 2020, and the historic Jan Zone on the property hosts a copper deposit. The Initial Mineral Resource estimate for the near-surface mineralization at the Monarch Zone comprises 520,000 ounces of gold in an Inferred Mineral Resource (27.2 million tonnes grading 0.59 grams per tonne gold). Exploration work is focused on expansion of the near-surface mineralization and the exploration of the feeder zones for the potential porphyry system at depth.
The Gabbs Project has significant expansion potential, with an Indicated Mineral Resource of 1.12 million ounces of gold equivalent or 0.65 million ounces of gold and 266.7 million pounds of copper (43.4 million tonnes grading 0.47 g/t gold and 0.28% copper) and an Inferred Mineral Resource of 1.64 million ounces of gold equivalent or 0.88 million ounces of gold and 376.1 million pounds of copper (69.9 million tonnes grading 0.39 g/t gold and 0.24% copper). A preliminary economic assessment for Gabbs is currently underway