# P2 Gold & Gabbs: Technical De-Risking & Optimized Development Sequence Drive the Pathway to Feasibility Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a Original source: https://www.cruxinvestor.com/posts/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-pathway-to-feasibility Publisher: cruxinvestor Original announcement: 2026-08-28T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: P2 Gold Inc. - Ticker: PGLD - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Metallurgy - Extracted: 2026-08-29 19:17:53 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary P2 Gold is advancing its Gabbs Project in Nevada toward a Q4 2026 feasibility study, utilizing SART technology to achieve high gold \(94.5%\) and copper \(79.9%\) recoveries. Recent RC drilling at the Lucky Strike Zone has extended mineralization beyond previous PEA boundaries, supporting a revised resource update in Q3 2026. Reasoning: The document reports significant technical de-risking through improved metallurgical recoveries \(SART technology\) and drill results that extend the known mineralized footprint, supporting an upcoming feasibility study. - Positive factor: significant metallurgical recovery improvements - Positive factor: step-out drilling extending mineralization - Positive factor: infrastructure de-risking - Positive factor: staged development plan to optimize cash flow - Negative factor: undetermined true width for large intercept - Negative factor: scaling SART technology to commercial scale is a risk - Negative factor: increased upfront capital intensity due to earlier mill start Facts used in scoring: 8 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling returned 158.50m intercept which extends mineralization beyond the 2025 PEA boundaries. Evidence · text > extends mineralization beyond the 2025 preliminary economic assessment open-pit boundaries **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The 158.50m intercept is noted as having an undetermined true thickness. Evidence · text > True thickness of the 158.50-meter southwest intercept is undetermined **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Gold recovery of 94.5% is exceptional for the reported heap leach/SART route. Evidence · text > delivering gold recoveries of 94.5% ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-0) Gabbs Project · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 0.78 - Grade Unit: g/t - Intercept: 79.25 m - From: 89.92 m - To: 169.17 m #### Classification - Sample Type: drill - Group ID: unknown:89.92-169.17 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Moderate grade intercept over a significant width. - Positive factor: continuous mineralization Evidence · text > 79.25 meters grading 0.78 grams per tonne gold ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-1) Gabbs Project · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 0.29 - Grade Unit: % - Intercept: 79.25 m - From: 89.92 m - To: 169.17 m #### Classification - Sample Type: drill - Group ID: unknown:89.92-169.17 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Copper grade accompanies gold in the intercept. Evidence · text > 0.29% copper ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-2) Gabbs Project · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 1.28 - Grade Unit: g/t - Intercept: 21.34 m - From: 92.96 m - To: 114.3 m #### Classification - Sample Type: drill - Group ID: unknown:92.96-114.3 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Higher grade sub-interval within a larger intercept. - Positive factor: higher-grade core Evidence · text > higher-grade core of 21.34 meters grading 1.28 grams per tonne gold ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-3) Gabbs Project · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 0.34 - Grade Unit: % - Intercept: 21.34 m - From: 92.96 m - To: 114.3 m #### Classification - Sample Type: drill - Group ID: unknown:92.96-114.3 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Copper grade in the high-grade core. Evidence · text > 0.34% copper from 92.96 meters downhole ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-4) Gabbs Project · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 0.37 - Grade Unit: g/t - Intercept: 158.5 m - From: 83.82 m - To: 242.32 m #### Classification - Sample Type: drill - Group ID: unknown:83.82-242.32 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Large width intercept but low grade and true width is undetermined. - Positive factor: step-out extension - Negative factor: apparent width only Evidence · text > 158.50 meters grading 0.37 grams per tonne gold ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-5) Gabbs Project · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Gabbs Project - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD #### Geometry - Grade: 0.16 - Grade Unit: % - Intercept: 158.5 m - From: 83.82 m - To: 242.32 m #### Classification - Sample Type: drill - Group ID: unknown:83.82-242.32 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Low grade copper in a large width intercept. Evidence · text > 0.16% copper from 83.82 meters downhole ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-6) gold #### Identity - Commodity: gold - Ticker: PGLD #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Significant improvement in gold recovery compared to the 2025 PEA baseline of 85%. - Positive factor: High recovery - Positive factor: Improvement over PEA Evidence · text > delivering gold recoveries of 94.5% ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/p2-gold-gabbs-technical-de-risking-optimized-development-sequence-drive-the-path--99b61663-ac0a-4cfc-b513-ca56714d874a#fact-drill-facts-7) copper #### Identity - Commodity: copper - Ticker: PGLD #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-28T00:00:00.000Z Reasoning: Significant improvement in copper recovery compared to the 2025 PEA baseline of 67%. - Positive factor: High recovery - Positive factor: Improvement over PEA Evidence · text > copper recoveries of 79.9% ## 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.