P2 Gold Drilling Confirms Sullivan Zone Expansion Potential — P2 Gold Inc.

Event summary

P2 Gold's geotechnical drilling at the Sullivan Zone intersected gold-copper mineralization in all five drill holes, confirming expansion potential down dip.
A 7,500-meter reverse circulation drill program targeting down dip mineralization has been planned for inclusion in the Gabbs Project feasibility study.
Since October 2025, 70 RC drill holes have been completed, with 24 at the Sullivan Zone and 46 at the Lucky Strike Zone.
An updated Mineral Resource estimate is expected in Q3 2026, forming the basis for a feasibility study to be completed in Q4 2026.

The big picture

P2 Gold's drilling results at the Sullivan Zone highlight the ongoing potential for resource expansion in Nevada's Walker Lane Trend. The findings come as the company advances its Gabbs Project towards a feasibility study, aiming to outline a long-life, mid-size mine with significant gold and copper production. The strategic focus on expanding mineral resources aligns with broader industry trends of optimizing existing assets and leveraging favorable geopolitical conditions for mining in stable jurisdictions like Nevada.

What we're watching

Resource Expansion: Whether the 7,500-meter RC drill program will further validate the Sullivan Zone's expansion potential and enhance the Gabbs Project's resource base.
Feasibility Study Timeline: The pace at which the updated Mineral Resource estimate and feasibility study will be completed, targeting Q4 2026.
Market Dynamics: How the positive drilling results will impact investor sentiment and potential financing or partnership opportunities for P2 Gold.