P2 Gold: Car Body Zone Metallurgy and Drill Results Support Plans to Accelerate Mining and Cash Flow; Gabbs Project Update
Original announcement by tmx on
- Company
- P2 Gold Inc.
- Ticker
- PGLD
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Resource update, Drill results, Metallurgy
- Extracted
- 2026-09-12 18:21:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
P2 Gold reported metallurgical column leach results for the Car Body Zone showing gold recoveries up to 95.6% over 73 days. The company also released new drill results from the Car Body Zone and provided updates on the upcoming Gabbs Project Mineral Resource Estimate and Feasibility Study.
Reasoning: The release provides a combination of new drill intercepts, metallurgical recovery data supporting a heap leach route, and updates on the project's feasibility study and resource estimation timeline.
Positive factors
- Positive leach kinetics demonstrated in Car Body Zone
- Drill results confirm mineralization continuity
- Updated MRE and Feasibility Study on track
Negative factors
- True thickness for new drill intercepts not yet determined
Facts used in scoring: 24
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on laboratory (ALS Global), blanks, standards, and duplicates.
Evidence · text
“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.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Car Body Zone resource is entirely in the Inferred category.
Evidence · table
“Inferred Oxide”
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: the document describes a heap_leach route ("heap leach")
Single Domain Onlynegative
Testing limited to one composite or domain — representativeness not established.
Why it applies: only one composite was tested
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Resource Estimates (23)
inferredGabbs Project · goldTonnes: 3200000Grade: 0.93Grade Unit: g/tContained Metal: 0.096Contained Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:fc3d6aa9d732b2cbeb5c
- Deposit or zone
- Car Body Zone
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3200000
- Grade
- 0.93
- Grade Unit
- g/t
- Contained Metal
- 0.096
- Contained Unit
- m oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Car Body Zone.
Evidence · table
“0.096”
Context: 3.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · goldTonnes: 33700000Grade: 0.502Grade Unit: m ozContained Metal: 0.502Contained Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:39e09fad2c8850f11732
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 33700000
- Grade
- 0.502
- Grade Unit
- m oz
- Contained Metal
- 0.502
- Contained Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone.
Evidence · table
“0.502”
Context: 33.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · silverTonnes: 33700000Grade: 1.6Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:39e09fad2c8850f11732
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 33700000
- Grade
- 1.6
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“1.6”
Context: 33.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · copperTonnes: 33700000Grade: 196.6Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:39e09fad2c8850f11732
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 33700000
- Grade
- 196.6
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“196.6”
Context: 33.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 6200000Grade: 0.073Grade Unit: m ozContained Metal: 0.073Contained Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:ac20ba6e5a730e994f4d
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 0.073
- Grade Unit
- m oz
- Contained Metal
- 0.073
- Contained Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone.
Evidence · table
“0.073”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 6200000Grade: 0.2Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:ac20ba6e5a730e994f4d
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 0.2
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.2”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · copperTonnes: 6200000Grade: 31.3Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:ac20ba6e5a730e994f4d
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 31.3
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“31.3”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · goldTonnes: 16100000Grade: 0.22Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:357ea2699d06cbb0573e
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 16100000
- Grade
- 0.22
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.220”
Context: 16.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · silverTonnes: 16100000Grade: 0.6Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:357ea2699d06cbb0573e
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 16100000
- Grade
- 0.6
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.6”
Context: 16.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
indicatedGabbs Project · copperTonnes: 16100000Grade: 100.4Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:357ea2699d06cbb0573e
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 16100000
- Grade
- 100.4
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Indicated Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“100.4”
Context: 16.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 19900000Grade: 0.242Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:924ac250dfaaf60e31d8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 19900000
- Grade
- 0.242
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.242”
Context: 19.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 19900000Grade: 0.8Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:924ac250dfaaf60e31d8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 19900000
- Grade
- 0.8
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.8”
Context: 19.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · copperTonnes: 19900000Grade: 122.9Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:924ac250dfaaf60e31d8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 19900000
- Grade
- 122.9
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“122.9”
Context: 19.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 35900000Grade: 0.488Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:fe21a956eec697a051b8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 35900000
- Grade
- 0.488
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.488”
Context: 35.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 35900000Grade: 1.1Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:fe21a956eec697a051b8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 35900000
- Grade
- 1.1
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“1.1”
Context: 35.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · copperTonnes: 35900000Grade: 187.1Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:fe21a956eec697a051b8
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 35900000
- Grade
- 187.1
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“187.1”
Context: 35.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 33300000Grade: 0.352Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:52d860fd6407839f6a0a
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 33300000
- Grade
- 0.352
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.352”
Context: 33.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 33300000Grade: 0.9Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:52d860fd6407839f6a0a
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 33300000
- Grade
- 0.9
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.9”
Context: 33.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · copperTonnes: 33300000Grade: 177.5Grade Unit: m lbsHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:52d860fd6407839f6a0a
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 33300000
- Grade
- 177.5
- Grade Unit
- m lbs
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“177.5”
Context: 33.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 3.2Grade: 0.096Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:6890ca2d8fd71f9bf5f1
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3.2
- Grade
- 0.096
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.096”
Context: 3.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 3.2Grade: 0.35Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:6890ca2d8fd71f9bf5f1
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3.2
- Grade
- 0.35
- Grade Unit
- g/t
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.35”
Context: 3.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · goldTonnes: 1.1Grade: 0.027Grade Unit: m ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:4657de01fd531724a701
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 1.1
- Grade
- 0.027
- Grade Unit
- m oz
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.027”
Context: 1.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
inferredGabbs Project · silverTonnes: 1.1Grade: 0.37Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Resource scope
- Estimate type
- resource
- Effective date
- 2025-10-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:4657de01fd531724a701
- Deposit or zone
- Sullivan Zone
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 1.1
- Grade
- 0.37
- Grade Unit
- g/t
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-04-01T00:00:00.000Z
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Existing Inferred Oxide resource for Sullivan Zone. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.37”
Context: 1.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.4 years before this release
Metallurgical Results (1)
column leachGabbs Project · goldRecovery: 95.6 %View all detailsHide details
Identity
- Project
- Gabbs Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- PGLD
Test Work
- Program Status
- preliminary
- Test Type
- column leach
- Processing Route
- column leach
- Sample
- Oxide sample column test leach
Recovery
- Recovery
- 95.6 %
- Recovery Basis
- actual_test
Lab
- Laboratory
- Kappes, Cassiday & Associates
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-25T00:00:00.000Z
Reasoning: Strong gold recovery results for oxide mineralization via column leach.
Positive factors
- High gold recovery (95.6%) achieved in column leach
Evidence · table
“95.6”
Context: 73 Days
Tags used in scoring
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: processing_route matches the heap_leach signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 95.6% is at or above the exceptional band (75%)
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.