P2 Gold Inc (PGLD) News
TSXV: PGLD · Gold, Copper · Development stage
- Market cap$349.2M
- Share price$1.19
- 52-week range$0.220 – $1.28
- Shares outstanding293,417,079
- ExchangeTSXV
- Websitewww.p2gold.com
P2 Gold is a mineral exploration and development company focused on advancing its gold-copper Gabbs Project on the Walker Lane Trend in Nevada, where work to support a feasibility study is underway. A positive preliminary economic assessment (see footnote below) has outlined a long-life, mid-size mine at Gabbs with annual average production of 109,000 ounces gold and 33 million pounds copper, processing 9 million tonnes per year over a 14.2-year mine life. The feasibility study is advancing using a nominal production rate of 12 million tonnes per year targeting average annual production of 150,000 ounces gold and 45 to 50 million pounds of copper per year. The Gabbs Project has excellent infrastructure with access via paved Hwy 361, and power and water on site. All zones on the property remain open and an infill and expansion drill program is underway. On completion of drilling, an updated Mineral Resource estimate will be prepared for Gabbs, which is expected to be completed in the fourth quarter.
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News for P2 Gold Inc (TSXV: PGLD) on MineTerminal Pro.