# P2 Gold Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit within Sullivan PEA Pit Shell

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2650-tsx-venture/pgld/212825-p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-mineralized-unit-within-sullivan-pea-pit-shell.html

Publisher: jmn

Original announcement: 2026-10-14T04:02:06.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T10:23:25.906Z

Atlas analysis updated: 2026-10-14T10:23:25.906Z

- Company: P2 Gold Inc.

- Ticker: PGLD

- Exchange: TSXV

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Drill results

- Extracted: 2026-10-14 10:23:26 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

P2 Gold announced drill results from six RC holes at its Gabbs Project in Nevada, extending gold-copper mineralization downdip in the Sullivan Zone. The program identified a new mineralized unit within the PEA pit shell, previously modeled as waste, which has the potential to reduce the strip ratio and enhance project economics. These results will contribute to an updated Mineral Resource estimate and a feasibility study targeted for completion in Q1 2027.

Reasoning: The drill results extend known mineralization and identify a new mineralized unit within the existing PEA pit shell, which could positively impact project economics by converting waste to resource and reducing the strip ratio. While the reported grades are not exceptionally high compared to historical averages, the strategic implications for resource expansion and the ongoing feasibility study are significant. QA/QC is well-disclosed, but the lack of true width determination introduces some uncertainty.

- Positive factor: Mineralization extended downdip in the Sullivan Zone

- Positive factor: New gold-copper mineralized unit identified within the PEA pit shell, previously modeled as waste

- Positive factor: Potential to reduce strip ratio and improve project economics

- Positive factor: Drill holes ended in mineralization, indicating potential for further extension

- Positive factor: QA/QC procedures disclosed, including certified lab and QP sign-off

- Negative factor: Grades are generally below the project's historical average for both gold and copper

- Negative factor: True thickness of intercepts is yet to be determined, which may overstate actual widths

- Negative factor: Copper grades are at the lower end of the typical range for porphyry deposits

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 24

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

## Drill Results (24)

### GBR-131

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-0)

Gabbs · gold

#### Identity

- Hole ID: GBR-131
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.32
- Grade Unit: g/t
- Intercept: 71.63 m
- From: 92.96 m
- To: 164.59 m
- Intercept Depth: 92.96 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-131:92.96-164.59
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417453
- Northing: 4292555
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(71.63 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.32 g/t\) is weak for open pit gold \(below 0.8 g/t economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.32

Context: 71.63

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-131

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-1)

Gabbs · copper

#### Identity

- Hole ID: GBR-131
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.17
- Grade Unit: %
- Intercept: 71.63 m
- From: 92.96 m
- To: 164.59 m
- Intercept Depth: 92.96 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-131:92.96-164.59
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417453
- Northing: 4292555
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(71.63 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.17%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.17

Context: 71.63

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-131

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-2)

Gabbs · gold

#### Identity

- Hole ID: GBR-131
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 175.26 m
- To: 195.07 m
- Intercept Depth: 92.96 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-131:175.26-195.07
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417453
- Northing: 4292555
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.42 g/t\) is weak for open pit gold \(below 0.8 g/t economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.42

Context: 19.81

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-131

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-3)

Gabbs · copper

#### Identity

- Hole ID: GBR-131
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 19.81 m
- From: 175.26 m
- To: 195.07 m
- Intercept Depth: 92.96 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-131:175.26-195.07
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417453
- Northing: 4292555
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.20%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.20

Context: 19.81

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-132

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-4)

Gabbs · gold

#### Identity

- Hole ID: GBR-132
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 32 m
- From: 117.35 m
- To: 149.35 m
- Intercept Depth: 117.35 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-132:117.35-149.35
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 45 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.40 g/t\) is weak for open pit gold \(below 0.8 g/t economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.40

Context: 32.00

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-132

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-5)

Gabbs · copper

#### Identity

- Hole ID: GBR-132
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 32 m
- From: 117.35 m
- To: 149.35 m
- Intercept Depth: 117.35 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-132:117.35-149.35
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 45 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.14%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.14

Context: 32.00

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-132

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-6)

Gabbs · gold

#### Identity

- Hole ID: GBR-132
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 27.43 m
- From: 158.5 m
- To: 185.93 m
- Intercept Depth: 117.35 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-132:158.5-185.93
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 45 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with very weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.10 g/t\) is very weak for open pit gold \(below 0.3 g/t weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.10

Context: 27.43

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-132

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-7)

Gabbs · copper

#### Identity

- Hole ID: GBR-132
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 27.43 m
- From: 158.5 m
- To: 185.93 m
- Intercept Depth: 117.35 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-132:158.5-185.93
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 45 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.16%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.16

Context: 27.43

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-133

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-8)

Gabbs · gold

#### Identity

- Hole ID: GBR-133
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.32
- Grade Unit: g/t
- Intercept: 70.1 m
- From: 64.01 m
- To: 134.11 m
- Intercept Depth: 64.01 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-133:64.01-134.11
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(70.10 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.32 g/t\) is weak for open pit gold \(below 0.8 g/t economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.32

Context: 70.10

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-133

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-9)

Gabbs · copper

#### Identity

- Hole ID: GBR-133
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.18
- Grade Unit: %
- Intercept: 70.1 m
- From: 64.01 m
- To: 134.11 m
- Intercept Depth: 64.01 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-133:64.01-134.11
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(70.10 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.18%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.18

Context: 70.10

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-133

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-10)

Gabbs · gold

#### Identity

- Hole ID: GBR-133
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.21
- Grade Unit: g/t
- Intercept: 59.44 m
- From: 198.12 m
- To: 257.56 m
- Intercept Depth: 64.01 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-133:198.12-257.56
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with very weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(59.44 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.21 g/t\) is very weak for open pit gold \(below 0.3 g/t weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.21

Context: 59.44

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-133

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-11)

Gabbs · copper

#### Identity

- Hole ID: GBR-133
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 59.44 m
- From: 198.12 m
- To: 257.56 m
- Intercept Depth: 64.01 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-133:198.12-257.56
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417386
- Northing: 4292653
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(59.44 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.14%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.14

Context: 59.44

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-12)

Gabbs · gold

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 18.29 m
- From: 141.73 m
- To: 160.02 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:141.73-160.02
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with very weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.15 g/t\) is very weak for open pit gold \(below 0.3 g/t weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.15

Context: 18.29

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-13)

Gabbs · copper

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 18.29 m
- From: 141.73 m
- To: 160.02 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:141.73-160.02
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.15%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.15

Context: 18.29

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-14)

Gabbs · gold

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 13.72 m
- From: 208.79 m
- To: 222.5 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:208.79-222.5
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with very weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.14 g/t\) is very weak for open pit gold \(below 0.3 g/t weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.14

Context: 13.72

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-15)

Gabbs · copper

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 13.72 m
- From: 208.79 m
- To: 222.5 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:208.79-222.5
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with very weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.05%\) is very weak for porphyry \(below 0.15% weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.05

Context: 13.72

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-16)

Gabbs · gold

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 9.14 m
- From: 234.7 m
- To: 243.84 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:234.7-243.84
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Gold grade \(0.45 g/t\) is within the weak range for open pit gold \(0.3-0.8 g/t\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: True thickness is not determined

Evidence · table

> 0.45

Context: 9.14

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-138

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-17)

Gabbs · copper

#### Identity

- Hole ID: GBR-138
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.08
- Grade Unit: %
- Intercept: 9.14 m
- From: 234.7 m
- To: 243.84 m
- Intercept Depth: 141.73 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-138:234.7-243.84
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A narrow intercept with very weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.08%\) is very weak for porphyry \(below 0.15% weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.08

Context: 9.14

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-139

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-18)

Gabbs · gold

#### Identity

- Hole ID: GBR-139
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 65.53 m
- From: 111.25 m
- To: 176.78 m
- Intercept Depth: 111.25 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-139:111.25-176.78
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(65.53 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.34 g/t\) is weak for open pit gold \(below 0.8 g/t economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.34

Context: 65.53

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-139

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-19)

Gabbs · copper

#### Identity

- Hole ID: GBR-139
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 65.53 m
- From: 111.25 m
- To: 176.78 m
- Intercept Depth: 111.25 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-139:111.25-176.78
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(65.53 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.19%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.19

Context: 65.53

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-139

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-20)

Gabbs · gold

#### Identity

- Hole ID: GBR-139
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 77.72 m
- From: 188.98 m
- To: 266.7 m
- Intercept Depth: 111.25 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-139:188.98-266.7
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with very weak gold grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(77.72 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Gold grade \(0.10 g/t\) is very weak for open pit gold \(below 0.3 g/t weak threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.10

Context: 77.72

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-139

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-21)

Gabbs · copper

#### Identity

- Hole ID: GBR-139
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 77.72 m
- From: 188.98 m
- To: 266.7 m
- Intercept Depth: 111.25 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: GBR-139:188.98-266.7
- Mining Method: open\_pit

#### Location

- Location: Sullivan Zone
- Easting: 417551
- Northing: 4292548
- Azimuth: 225 °
- Dip: -75 °
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: A moderate length intercept with weak copper grade, but the hole ended in mineralization, suggesting potential for further extension. The true thickness is not yet determined.

- Positive factor: Intercept length is moderate \(77.72 m\)

- Positive factor: Drill hole ended in mineralization

- Negative factor: Copper grade \(0.19%\) is weak for porphyry \(below 0.25% economic threshold\)

- Negative factor: True thickness is not determined

Evidence · table

> 0.19

Context: 77.72

#### Tags used in scoring

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling is part of an 'Infill and Expansion Drill Program'.

Evidence · text

> Infill and Expansion Drill Program

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states that true thickness is to be determined for the reported intervals.

Evidence · table

> True thickness to be determined.

**QA/QC Disclosed** — Rejected; excluded from scoring

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Reason: The release includes QA/QC disclosure mentioning certified lab, multi-digestion with ICP finish, fire assay, blanks, standards, and field duplicates.

Evidence · table

> All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate.

**QP/CP Signed** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Reason: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project.

Evidence · text

> Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project.

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drilling extends mineralization 'downdip' and identifies a 'new unit'.

Evidence · text

> Extends Sullivan Zone Mineralization Downdip and Identifies New Mineralized Unit

**PEA-Supporting** — Rejected; excluded from scoring

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Reason: The new mineralization is within the 'Sullivan PEA Pit Shell' and has potential to reduce the strip ratio for the Sullivan Zone.

Evidence · text

> Identifies New Mineralized Unit within Sullivan PEA Pit Shell

### GBR-140

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-22)

Gabbs · gold

#### Identity

- Hole ID: GBR-140
- Project: Gabbs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.32
- Grade Unit: g/t
- Intercept: 51.82 m
- From: 94.49 m
- To: 146.3 m
- Intercept Depth: 94.49 m

#### Classification

- Sample Type: drill
- Group ID: GBR-140:94.49-146.3
- Mining Method: open\_pit

#### Location

- Azimuth: -60225 °

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.32 g/t gold is weak against the open\_pit mining band \[5, 2, 1, 0.3\] g/t. Grade×width 16.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.32

Context: GBR-140

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### GBR-140

[Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-extends-sullivan-zone-mineralization-downdip-and-identifies-new-minerali--8abb1bf2-e4a0-42b1-8ff3-181f3570bdf4#fact-drill-facts-23)

Gabbs · copper

#### Identity

- Hole ID: GBR-140
- Project: Gabbs
- Commodity: copper
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: PGLD

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 51.82 m
- From: 94.49 m
- To: 146.3 m
- Intercept Depth: 94.49 m

#### Classification

- Sample Type: drill
- Group ID: GBR-140:94.49-146.3
- Mining Method: open\_pit

#### Location

- Azimuth: -60225 °

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Expanded from assay table. 0.13 % copper is below against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 6.7 %·m is below.

- Negative factor: 0.13 % copper is below the weak threshold \(0.25 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.13

Context: GBR-140

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
