{"id":456541,"date":"2021-03-11T19:03:44","date_gmt":"2021-03-12T00:03:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456541"},"modified":"2021-03-11T19:03:44","modified_gmt":"2021-03-12T00:03:44","slug":"p2-gold-files-technical-report-on-the-gabbs-project-nevada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\/","title":{"rendered":"P2 Gold Files Technical Report on the Gabbs Project, Nevada"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES<\/strong>\n      <\/p>\n<p align=\"justify\">VANCOUVER, British Columbia, March  11, 2021  (GLOBE NEWSWIRE) &#8212; <strong>P2 Gold Inc. (\u201cP2\u201d or the \u201cCompany\u201d) (TSX-V:PGLD) <\/strong>reports that, further to its news release dated February 23, 2021, announcing the acquisition of the Gabbs Project, an updated Mineral Resource for the Gabbs Project and a private placement, the Company filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (\u201cNI 43-101\u201d) technical report entitled \u201cUpdated Mineral Resource Estimate of the Gabbs Gold-Copper Property, Fairplay Mining District, Nye County, Nevada, USA\u201d, with an effective date of January 13, 2021 (the \u201cTechnical Report\u201d). The Technical Report is available under the Company\u2019s profile on SEDAR at www.sedar.com and on the Company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=auhKNVJfOBbBZyQylJsKF4WGuVf4o34KC7NDB2LGOUhXAOZw3CytBleAVd8Bnw8wfyWRPkYeJ6-l6P12qew7FQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.p2gold.com<\/a>.<\/p>\n<p align=\"justify\">The Technical Report was prepared by Eugene Puritch, P.Eng., FEC, CET, Richard H. Sutcliffe, Ph.D, P.Geo., Fred Brown, P.Geo., Jarita Barry, P.Geo of P&amp;E Mining Consultants Inc., each of whom is a \u201cQualified Person\u201d as defined by NI 43-101 and independent of the Company.<\/p>\n<p align=\"justify\">There are no material differences in the Mineral Resources in the Technical Report and those contained in the February 23, 2021 news release.<\/p>\n<p align=\"justify\">\n        <em>Gabbs Acquisition<\/em>\n      <\/p>\n<p align=\"justify\">On February 23, 2021, the Company announced that it had entered into an agreement with Borealis Mining Company, LLC (\u201cWaterton\u201d), an indirect, wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP to acquire all of the assets that comprise the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada (the \u201cTransaction\u201d). The closing of the Transaction remains subject to the satisfaction of customary closing conditions for a transaction of such nature, including acceptance by the TSX Venture Exchange (the \u201cExchange\u201d) and the completion of the Private Placement (defined below). The Transaction will be an arm\u2019s length transaction under Exchange policies.<\/p>\n<p align=\"justify\">\n        <em>Gabbs Project Description and Inferred Mineral Resource Estimate<\/em>\n      <\/p>\n<p align=\"justify\">The Gabbs Project is comprised of 355 unpatented lode mining claims and one patented lode mining claim covering four known zones of mineralization and comprising approximately 2,800 hectares. Nevada Highway 361, Gabbs Pole Line Road and a powerline cross the Gabbs Project. The gold-copper mineralization at three of the zones, Sullivan, Lucky Strike and Gold Ledge, is hosted within what are interpreted to be sills associated with an alkaline gold\/copper porphyry. The gold mineralization at the fourth zone, Car Body, is interpreted to be low-sulphidation epithermal mineralization.<\/p>\n<p align=\"justify\">The Company retained P&amp;E Mining Consultants Inc. (\u201cP&amp;E\u201d) to prepare a Mineral Resource Estimate for the Gabbs Project based on 494 drill holes completed by prior project operators between 1970 and 2011. A National Instrument 43-101 Technical Report has been prepared by P&amp;E with an effective date of January 13, 2021, which has been posted on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=auhKNVJfOBbBZyQylJsKF0vnCr6OHohVEtuV-PVtm1hOFEZuwnZqB5bl5qSR5KCZCRfYsWzbrCGDNZjfFBx5zw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.p2gold.com<\/a>\u00a0and the Company&#8217;s profile on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3llBhhqbFf2cNnO3U8FjqAo_CCQy-ZzhNolhWZBr7EZI7jAANxr6zkvWZtStFJyy07-ikBkKop2xlcn0gdYVnQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.SEDAR.com<\/a>.<\/p>\n<p align=\"justify\">The Gabbs Project has an Inferred Mineral Resource of 1.84 million ounces of gold equivalent or 1.26 million ounces of gold and 422.3 million pounds of copper (73.1 million tonnes grading 0.54 g\/t gold and 0.26% copper). See Tables 1 and 2 below.<\/p>\n<p align=\"justify\">\n        <strong>Table 1: Gabbs Project Inferred Mineral Resource Estimate<\/strong><br \/>\n        <sup><br \/>\n          <strong>(<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>1)<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>(2)(3)(4)<\/strong><br \/>\n        <\/sup>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:10%;width:10%;min-width:10%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <br \/>\n            <strong>Tonnes<\/strong><br \/>\n            <br \/>\n            <strong>(M)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <br \/>\n            <strong>Gold Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Copper<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(%)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <br \/>\n            <strong>Gold<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <br \/>\n            <strong>Copper<\/strong><br \/>\n            <br \/>\n            <strong>(M lbs)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Gold Eq.<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <br \/>\n            <strong>Gold Eq.<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">73.1<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.54<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.26<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.26<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">422.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.79<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.84<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:3%;width:3%;min-width:3%;vertical-align: top\">(1)<\/td>\n<td style=\"max-width:97%;width:97%;min-width:97%;vertical-align: top\">Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(2)<\/td>\n<td style=\"vertical-align: top\">The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(3)<\/td>\n<td style=\"vertical-align: top\">The Mineral Resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(4)<\/td>\n<td style=\"vertical-align: top\">The Inferred Mineral Resource Estimate was prepared for a potential open pit scenario using a constraining pit shell (with 50 degree slopes) at respective 0.24 g\/t and 0.30 g\/t oxide and sulphide gold equivalent cut-off grades. The gold equivalent cut-off grades were derived from US$1,600\/oz gold, US$3\/lb copper, US$2\/tonne mining cost, US$8 and $12\/tonne oxide and sulphide processing costs, US$2\/tonne G&amp;A cost and 80% Au oxide and sulphide process recoveries and 90% Cu sulphide process recoveries. A zero process recovery for oxide Cu was used.<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>Table 2: Gabbs Project Inferred Mineral Resource Estimate by Zone<\/strong><br \/>\n        <sup><br \/>\n          <strong>(<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>1)<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>(2)<\/strong><br \/>\n        <\/sup>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:16%;width:16%;min-width:16%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>            <strong>Zone<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <br \/>\n            <strong>Tonnes<\/strong><br \/>\n            <br \/>\n            <strong>(M)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Gold<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Copper<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(%)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <br \/>\n            <strong>Gold<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <br \/>\n            <strong>Copper<\/strong><br \/>\n            <br \/>\n            <strong>(M lbs)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Gold Eq.<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <br \/>\n            <strong>Gold Eq.<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Sullivan<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">37.6<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.58<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.28<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.70<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">233.8<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.75<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.90<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Lucky Strike<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">32.6<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.41<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.26<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.43<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">188.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.77<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.81<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Car Body<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">2.8<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">1.39<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.00<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.13<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">1.39<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.13<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Gold Ledge<\/strong><br \/>\n            <sup><br \/>\n              <strong>(<\/strong><br \/>\n            <\/sup><br \/>\n            <sup><br \/>\n              <strong>3)<\/strong><br \/>\n            <\/sup>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.1<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.76<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.15<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.76<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Total<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">73.1<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.53<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.26<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.26<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">422.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.79<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.84<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:3%;width:3%;min-width:3%;vertical-align: top\">(1)<\/td>\n<td style=\"max-width:97%;width:97%;min-width:97%;vertical-align: top\">See Notes 1 to 4 to Table 1 above.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(2)<\/td>\n<td style=\"vertical-align: top\">Tables may differ and not sum due to rounding.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(3)<\/td>\n<td style=\"vertical-align: top\">Gold Ledge Inferred Mineral Resource rounded to zero.<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">The Gabbs Project oxide Inferred Mineral Resource Estimate is 610,000 ounces of gold (26.2 million tonnes grading 0.72 g\/t gold and assuming zero recovery for copper). See Table 3 below for a breakdown of the oxide and sulphide Inferred Mineral Resources.<\/p>\n<p align=\"justify\">\n        <strong>Table 3: Gabbs Project Inferred Mineral Resource Estimate by Rock Group<\/strong><br \/>\n        <sup><br \/>\n          <strong>(<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>1)<\/strong><br \/>\n        <\/sup><br \/>\n        <sup><br \/>\n          <strong>(2)<\/strong><br \/>\n        <\/sup>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:16%;width:16%;min-width:16%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <br \/>\n            <strong>Rock<br \/>Group<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <br \/>\n            <strong>Tonnes<\/strong><br \/>\n            <br \/>\n            <strong>(M)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Gold<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Copper<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(%)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <br \/>\n            <strong>Gold<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <br \/>\n            <strong>Copper<\/strong><br \/>\n            <br \/>\n            <strong>(M lbs)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Gold Eq.<br \/>Grade<\/strong><br \/>\n            <br \/>\n            <strong>(g\/t)<\/strong>\n          <\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <br \/>\n            <strong>Gold Eq.<\/strong><br \/>\n            <br \/>\n            <strong>(M oz)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Oxide<\/strong><br \/>\n            <sup><br \/>\n              <strong>(<\/strong><br \/>\n            <\/sup><br \/>\n            <sup><br \/>\n              <strong>3)<\/strong><br \/>\n            <\/sup>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">26.2<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.72<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.25<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.61<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">143.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.72<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.61<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Sulphide<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">46.9<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.43<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.27<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>0.65<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">279.2<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.82<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.24<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Total<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">73.1<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.54<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.26<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.26<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">422.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">0.79<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>1.84<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:3%;width:3%;min-width:3%;vertical-align: top\">(1)<\/td>\n<td style=\"max-width:97%;width:97%;min-width:97%;vertical-align: top\">See Notes 1 to 4 to Table 1 above.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(2)<\/td>\n<td style=\"vertical-align: top\">Tables may differ and not sum due to rounding.<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(3)<\/td>\n<td style=\"vertical-align: top\">Copper recovery in oxides assumed to be zero.<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <em>Gabbs Project Exploration Target and Potential<\/em>\n      <\/p>\n<p align=\"justify\">Based on historical drilling, the Gabbs Project has an Exploration Target of 0.90 million to 2.25 million ounces of gold (contained in 40 million to 70 million tonnes at an average grade of 0.7 to 1.0 g\/t gold). No Exploration Target has been estimated for copper. The potential quantity and grade of this Exploration Target is conceptual in nature. There has been insufficient exploration to define it as a Mineral Resource and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource.<\/p>\n<p align=\"justify\">Due to the limited systematic exploration completed to date, the Company believes the full potential of each of the known zones of mineralization at Gabbs has yet to be recognized. The mineralized zones have not been tested along strike or at depth, and of the 494 holes drilled at Gabbs between 1970 and 2011, 180 holes (36%) ended in mineralization. Also, a significant number of holes drilled prior to 2004 were, depending on the focus of the operator, assayed only for gold or only for copper, not both metals.<\/p>\n<p align=\"justify\">Following the closing of the acquisition, the Company plans to undertake a systematic exploration program for a large porphyry-related copper-gold system. Initial drilling will focus on the known zones of mineralization to expand and improve the confidence in these Mineral Resources.<\/p>\n<p align=\"justify\">\n        <em>Transaction Terms<\/em>\n      <\/p>\n<p align=\"justify\">Under the terms of an asset purchase agreement, P2 Gold has agreed (a) to pay US$5 million and issue 15 million shares in its capital to Waterton at closing, and (b) to pay an additional US$5 million to Waterton on the earlier of the announcement of the results of a Preliminary Economic Assessment and the 24 month anniversary of closing. Waterton will also reserve for itself a 2% net smelter returns royalty on production from the Gabbs Project, of which one percent may be repurchased at any time by P2 Gold for US$1.5 million and the remaining one percent of which may be repurchased for US$5 million. Following completion of the Transaction and the Private Placement (as defined below) Waterton will be an Insider of the Company.<\/p>\n<p align=\"justify\">For further details on the Gabbs Project acquisition please see www.p2gold.com\/gabbs.<\/p>\n<p align=\"justify\">\n        <em>Private Placement<\/em>\n      <\/p>\n<p align=\"justify\">P2 Gold intends to complete a private placement of 32 million subscription receipts (the \u201cSubscription Receipts\u201d) at a price of $0.50 per Subscription Receipt for aggregate gross proceeds of $16 million (the \u201cPrivate Placement\u201d). If the Private Placement is brokered, the Company intends to pay the brokers a commission and grant the brokers an option to sell an additional 4.8 million Subscription Receipts at $0.50 per Subscription Receipt. The Private Placement remains subject to approval of the Exchange.<\/p>\n<p align=\"justify\">The net proceeds of the Private Placement will be used by P2 Gold to fund the acquisition of the Gabbs Project and, following the closing of the Transaction, exploration of the Gabbs Project and for general corporate purposes. At the time the Transaction closes, each Subscription Receipt will be exchanged for one common share of the Company. If the Transaction has not closed by May 21, 2021 the Subscription Receipts will automatically be cancelled and all subscription proceeds will be returned to the subscribers.<\/p>\n<p align=\"justify\">The Subscription Receipts to be issued under the Private Placement and the common shares of the Company exchanged for the Subscription Receipts upon the closing of the Transaction will be subject to a hold period in Canada expiring four months and one day from the closing date of the Private Placement.<\/p>\n<p align=\"justify\">The securities to be offered in the Private Placement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \u201cU.S. Securities Act\u201d) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.<\/p>\n<p align=\"justify\">Further details in respect of the Private Placement will be announced in a separate press release.<\/p>\n<p align=\"justify\">\n        <em>Qualified Persons<\/em>\n      <\/p>\n<p align=\"justify\">The Mineral Resource Estimate was prepared by Eugene Puritch, P.Eng. and F.H. Brown, P.Geo. of P&amp;E Mining Consultants Inc. of Brampton, Ontario, Independent Qualified Persons (\u201cQP\u201d), as defined by National Instrument 43-101. Mr. Puritch has reviewed and approved the contents of this news release. Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the QP responsible for the Gabbs Project exploration program.<\/p>\n<p align=\"justify\">\n        <strong>About P2 Gold Inc. <\/strong>\n      <\/p>\n<p align=\"justify\">P2 is a mineral exploration and development company focused on advancing precious metals discoveries and acquisitions in the western United States and British Columbia.<\/p>\n<p align=\"justify\">For further information, please contact:<\/p>\n<table style=\"border-collapse: collapse;width:70%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:40%;width:40%;min-width:40%;vertical-align: top\">Joseph Ovsenek <br \/>President, CEO and Chairman <\/p>\n<p>P2 Gold Inc.<br \/>Suite 1100, 355 Burrard Street<br \/>Vancouver, BC<br \/>V6C 2G8<br \/><a href=\"mailto:info@p2gold.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@p2gold.com<\/a><br \/>(SEDAR filings: P2 Gold Inc.)<\/td>\n<td style=\"max-width:60%;width:60%;min-width:60%;vertical-align: top\">Michelle Romero<br \/>Executive Vice President<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Information<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains \u201cforward-looking information\u201d within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. \u201cForward-looking information\u201d includes statements that use forward-looking terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccontinue\u201d, \u201cpotential\u201d or the negative thereof or other variations thereof or comparable terminology. Such forward-looking information includes, without limitation, information with respect to the Company\u2019s expectations, strategies and plans for the Gabbs Project including the Company\u2019s planned expenditures and exploration activities and the proposed Private Placement.<\/p>\n<p align=\"justify\">Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made. Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. See \u201cRisk Factors\u201d in the Company\u2019s annual information form dated October 21, 2020 filed on SEDAR at www.sedar.com for a discussion of these risks.<\/p>\n<p align=\"justify\">The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.<\/p>\n<p align=\"justify\">Except as required by law, the Company does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODg5MyM0MDYwODY0IzIyMDEzMzM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/27b003cb-1417-472e-a0a8-6e365165baa0\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) &#8212; P2 Gold Inc. (\u201cP2\u201d or the \u201cCompany\u201d) (TSX-V:PGLD) reports that, further to its news release dated February 23, 2021, announcing the acquisition of the Gabbs Project, an updated Mineral Resource for the Gabbs Project and a private placement, the Company filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (\u201cNI 43-101\u201d) technical report entitled \u201cUpdated Mineral Resource Estimate of the Gabbs Gold-Copper Property, Fairplay Mining District, Nye County, Nevada, USA\u201d, with an effective date of January 13, 2021 (the \u201cTechnical Report\u201d). The Technical Report is available under the Company\u2019s profile on SEDAR at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;P2 Gold Files Technical Report on the Gabbs Project, Nevada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456541","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>P2 Gold Files Technical Report on the Gabbs Project, Nevada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"P2 Gold Files Technical Report on the Gabbs Project, Nevada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) &#8212; P2 Gold Inc. (\u201cP2\u201d or the \u201cCompany\u201d) (TSX-V:PGLD) reports that, further to its news release dated February 23, 2021, announcing the acquisition of the Gabbs Project, an updated Mineral Resource for the Gabbs Project and a private placement, the Company filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (\u201cNI 43-101\u201d) technical report entitled \u201cUpdated Mineral Resource Estimate of the Gabbs Gold-Copper Property, Fairplay Mining District, Nye County, Nevada, USA\u201d, with an effective date of January 13, 2021 (the \u201cTechnical Report\u201d). The Technical Report is available under the Company\u2019s profile on SEDAR at &hellip; Continue reading &quot;P2 Gold Files Technical Report on the Gabbs Project, Nevada&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-12T00:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODg5MyM0MDYwODY0IzIyMDEzMzM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"P2 Gold Files Technical Report on the Gabbs Project, Nevada\",\"datePublished\":\"2021-03-12T00:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/\"},\"wordCount\":2069,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODg5MyM0MDYwODY0IzIyMDEzMzM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\\\/\",\"name\":\"P2 Gold Files Technical Report on the Gabbs Project, Nevada - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/p2-gold-files-technical-report-on-the-gabbs-project-nevada\/","og_locale":"en_US","og_type":"article","og_title":"P2 Gold Files Technical Report on the Gabbs Project, Nevada - Market Newsdesk","og_description":"NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) &#8212; P2 Gold Inc. (\u201cP2\u201d or the \u201cCompany\u201d) (TSX-V:PGLD) reports that, further to its news release dated February 23, 2021, announcing the acquisition of the Gabbs Project, an updated Mineral Resource for the Gabbs Project and a private placement, the Company filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (\u201cNI 43-101\u201d) technical report entitled \u201cUpdated Mineral Resource Estimate of the Gabbs Gold-Copper Property, Fairplay Mining District, Nye County, Nevada, USA\u201d, with an effective date of January 13, 2021 (the \u201cTechnical Report\u201d). 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