# P2 Gold: Car Body Zone Metallurgy and Drill Results Support Plans to Accelerate Mining and Cash Flow; Gabbs Project Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03

Original source: https://money.tmx.com/en/quote/PGLD/news/6968706182788774/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m

Publisher: tmx

Original announcement: 2026-08-25T21:10:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Positive leach kinetics demonstrated in Car Body Zone

- Positive factor: Drill results confirm mineralization continuity

- Positive factor: Updated MRE and Feasibility Study on track

- Negative factor: True thickness for new drill intercepts not yet determined

Facts used in scoring: 24

## Classification and evidence

**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: 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 Resource**

Polarity: negative

Definition: 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 Route**

Polarity: neutral

Definition: 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 Only**

Polarity: negative

Definition: 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)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-1)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-2)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-3)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-4)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-5)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-6)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-7)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-8)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-9)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-10)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-11)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-12)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-13)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-14)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-15)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-16)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-17)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-18)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-19)

Gabbs Project · copper

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-20)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-21)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-22)

Gabbs Project · gold

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-resource-facts-23)

Gabbs Project · silver

Historical result

Needs review: historical\_restatement

#### 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**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

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;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 leach

[Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-car-body-zone-metallurgy-and-drill-results-support-plans-to-accelerate-m--8b47f53e-adea-4a65-b344-0b673fe1da03#fact-metallurgical-facts-0)

Gabbs Project · gold

#### 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 &amp; 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 factor: High gold recovery \(95.6%\) achieved in column leach

Evidence · table

> 95.6

Context: 73 Days

#### Tags used in scoring

**Heap Leach Route**

Polarity: neutral

Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing\_route matches the heap\_leach signal

**High Recovery**

Polarity: positive

Definition: 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.
