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 [...]
P2 Gold Inc. reports that it has entered into an agreement with a wholly-owned subsidiary of Orogen Royalties Inc. , a TSX Venture Exchange listed company, for the acquisition of certain mineral claims that comprise the western portion of Orogen's Ball Creek Property. The Agreement remains subject to Exchange approval. The Ball Creek Claims border the Company's BAM Project to the north . Under the terms of the Agreement [...]
P2 Gold Inc. reports that, subject to TSX Venture Exchange approval, it has restructured 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. . "We appreciate Waterton's support in restructuring the payment terms for the acquisition of our Gabbs Project," commented Joe Ovsenek, President and CEO of P2. "Under the [...]
P2 Gold Inc. reports it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report entitled "Technical Report and Initial Mineral Resource Estimate of the Monarch Gold Zone, Bam Gold Property, Liard Mining Division, British Columbia", with an effective date of January 24, 2023 . The BAM Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on the [...]
P2 Gold Inc. reports the completion of a three-dimensional geophysical interpretation of the BAM Project, incorporating the results of the natural source magneto-telluric geophysical survey and the Z-Tipper Axis Electromagnetic airborne geophysical survey conducted in 2022 at its BAM Project. The gold-copper BAM Project is located in the Golden Triangle of northwest British Columbia. BAM Project Three-Dimensional [...]
P2 Gold Inc. reports the initial Mineral Resource Estimate for the near-surface gold mineralization drilled to date at the Monarch Gold Zone, a newly-discovered deposit at its BAM Project. The gold-copper BAM Project is located in the Golden Triangle of northwest British Columbia. "The announcement of an initial Mineral Resource Estimate for the near surface mineralization at the Monarch Gold Zone in just eighteen months [...]
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 780,000 common shares in the capital of the Company at an exercise price of $0.25 per share, which expire on December 23, 2024. Following this stock option grant, the Company has a total of 7,219,166 stock options outstanding representing [...]
P2 Gold Inc. reports that it intends to increase the size of its non-brokered private placement of flow-through units of the Company, at $0.29/FT Unit, from 1,725,000 Units to 2,537,414 FT Units , previously announced on December 14, 2022. The Company also reports that it has closed the FT Offering of 2,537,414 FT Units for gross proceeds of approximately $735,850. Each FT Unit consists of one flow-through common share in [...]
P2 Gold Inc. reports that it intends to increase the size of its non-brokered private placement of non-flow-through units of the Company, at $0.27/Unit, from 4,000,000 Units to 5,771,689 Units , previously announced on October 25, 2022, November 25, 2022 and December 8, 2022. The Company also reports that it has closed the remaining tranche of the Offering consisting of 3,058,760 Units for gross proceeds of approximately [...]
P2 Gold Inc. reports that it intends to complete a non-brokered private placement of up to 1.75 million flow-through units at a price of $0.29 per FT Unit for gross proceeds of up to approximately $500,000 . Each FT Unit will consist of one flow-through common share in the capital of the Company and one non-flow-through common share purchase warrant . The FT Shares will qualify as "flow-through shares" for purposes of the [...]
P2 Gold Inc. reports that it has closed the first tranche of its non-brokered private placement of units of the Company, at $0.27/Unit, for gross proceeds of up to approximately $1 million , previously announced on October 25 and November 25, 2022. The First Tranche consisted of 2,712,929 Units for gross proceeds of approximately $732,490. Each Unit consists of one common share in the capital of the Company and one common [...]
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