P2 Gold Advances Gabbs Project, Completes Funding

P2 Gold Inc. (TSE:PGLD) has released an update.

P2 Gold Inc. is set to complete a new preliminary economic assessment (PEA) for its Gabbs Project in Nevada by the second quarter, aiming to enhance the project’s value by considering additional mineralized material previously excluded. The company has recently cleared its project debt and is focusing on advancing Gabbs through feasibility, leveraging existing infrastructure and the property’s open gold-copper mineralization zones. Additionally, P2 Gold has closed the final tranche of its offering, raising $1,665,000 and paying finder’s fees, while issuing warrants to facilitate further capital inflow.

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