P2 Gold: Gabbs Geotechnical Drilling Confirms Sullivan Zone Remains Open for Expansion Down Dip

Original announcement by tmx on

Company
P2 Gold Inc.
Ticker
PGLD
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Drill results, Resource update
Extracted
2026-09-12 18:43:08 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

P2 Gold Inc. reported drill results from five geotechnical diamond drill holes at its Gabbs Project in Nevada, which confirmed significant gold-copper mineralization and the down-dip expansion potential of the Sullivan Zone. The results, including 140.21 meters at 0.50 g/t gold and 0.27% copper in hole GBD-008, will contribute to an updated Mineral Resource estimate and the ongoing feasibility study. The company plans a 7,500-meter RC drill program to further target this down-dip mineralization.

Reasoning: The geotechnical drilling successfully intersected significant gold-copper mineralization, confirming the down-dip extension of the Sullivan Zone. These results are material as they support the ongoing feasibility study and indicate potential for resource expansion, despite the lack of true width determination.

Positive factors

  • Significant intercepts of gold-copper mineralization were encountered, confirming down-dip expansion potential of the Sullivan Zone.
  • The drill results support the ongoing feasibility study for the Gabbs Project.
  • QA/QC procedures were disclosed, and a Qualified Person signed off on the technical information.

Negative factors

  • True thickness of the intercepts has not yet been determined, which may overstate actual widths.

Facts used in scoring: 22

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: The release explicitly states that samples were prepared and analyzed by ALS Global, and details the use of blanks, standards, and field duplicates.

Evidence · text

“All samples were submitted for preparation by ALS Global at its facilities in Reno, Nevada, with the analysis completed at ALS Global facilities in Reno, Nevada, and North Vancouver, British Columbia. All samples were analyzed using multi-digestion with ICP finish and fire assay with AA finish for gold. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. 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.”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is named as the Qualified Person responsible for the Gabbs Project and approved the technical information.

Evidence · text

“Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project. Mr. McNaughton has reviewed, verified, and approved the scientific and technical information in this news release.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'True thickness to be determined' for the reported intercepts.

Evidence · text

“True thickness to be determined.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling confirms that the Sullivan Zone 'remains open for expansion down dip and continues to grow in size'.

Evidence · text

“All five drill holes were drilled at the margins of the planned open pit, and all five drill holes intersected gold-copper mineralization, highlighting that the Sullivan Zone remains open for expansion down dip and continues to grow in size.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company mentions an 'Expansion and Infill RC drill program is ongoing' to test mineralization.

Evidence · text

“The Expansion and Infill RC drill program is ongoing with an additional 15,000 meters in 65 holes planned to test the relatively shallow mineralization along the western half of Lucky Strike, and 7,500 meters in 27 holes planned to test the down dip expansion at Sullivan.”

DFS-Supportingneutral

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

Why it applies: The results are intended to support an updated Mineral Resource estimate which will form the basis of a feasibility study.

Evidence · text

“The updated Mineral Resource estimate will form the basis of a feasibility study on placing Gabbs in production, which is expected to be completed in the fourth quarter of 2026.”

Resource Updateneutral

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

Why it applies: The document explicitly states that 'an updated Mineral Resource estimate will be prepared for Gabbs' following the drilling program.

Evidence · text

“On completion of the Infill and Expansion Drill Program, an updated Mineral Resource estimate will be prepared for Gabbs.”

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The drilling highlights that the Sullivan Zone 'remains open for expansion down dip and continues to grow in size', implying potential for increased tonnage.

Evidence · text

“All five drill holes were drilled at the margins of the planned open pit, and all five drill holes intersected gold-copper mineralization, highlighting that the Sullivan Zone remains open for expansion down dip and continues to grow in size.”

Extracted facts

Stored fact records: 22. Some facts used in scoring do not have a stored record.

Drill Results (22)

GBD-007Gabbs · goldGrade: 0.5Grade Unit: g/tIntercept: 30.48 mView all details
Link to this fact

Identity

Hole ID
GBD-007
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
30.48 m
From
10.67 m
To
41.15 m
Intercept Depth
10.67 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-007:10.67-41.15
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417602
Northing
4292788
Azimuth
45 °
Dip
-75 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a good width, supporting the overall positive outlook for the Sullivan Zone's expansion.

Positive factors

  • Moderate gold grade for a porphyry deposit.
  • Intercept contributes to confirming down-dip expansion.

Negative factors

  • True thickness not determined.

Evidence · table

“0.50”

Context: 30.48

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-007Gabbs · copperGrade: 0.26Grade Unit: %Intercept: 30.48 mView all details
Link to this fact

Identity

Hole ID
GBD-007
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.26
Grade Unit
%
Intercept
30.48 m
From
10.67 m
To
41.15 m
Intercept Depth
10.67 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-007:10.67-41.15
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417602
Northing
4292788
Azimuth
45 °
Dip
-75 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows weak to moderate copper grades over a good width, supporting the overall positive outlook for the Sullivan Zone's expansion.

Positive factors

  • Weak to moderate copper grade for a porphyry deposit.
  • Intercept contributes to confirming down-dip expansion.

Negative factors

  • True thickness not determined.

Evidence · table

“0.26”

Context: 30.48

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-007Gabbs · goldGrade: 0.15Grade Unit: g/tIntercept: 68.58 mView all details
Link to this fact

Identity

Hole ID
GBD-007
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
68.58 m
From
41.15 m
To
109.73 m
Intercept Depth
41.15 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-007:41.15-109.73
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417602
Northing
4292788
Azimuth
45 °
Dip
-75 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows weak gold grades over a significant length, contributing to the overall mineralized footprint.

Positive factors

  • Long intercept length.

Negative factors

  • Weak gold grade for a porphyry deposit.
  • True thickness not determined.

Evidence · table

“0.15”

Context: 68.58

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-007Gabbs · copperGrade: 0.28Grade Unit: %Intercept: 68.58 mView all details
Link to this fact

Identity

Hole ID
GBD-007
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.28
Grade Unit
%
Intercept
68.58 m
From
41.15 m
To
109.73 m
Intercept Depth
41.15 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-007:41.15-109.73
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417602
Northing
4292788
Azimuth
45 °
Dip
-75 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows moderate copper grades over a significant length, contributing to the overall mineralized footprint.

Positive factors

  • Long intercept length.
  • Moderate copper grade for a porphyry deposit.

Negative factors

  • True thickness not determined.

Evidence · table

“0.28”

Context: 68.58

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-008Gabbs · goldGrade: 0.5Grade Unit: g/tIntercept: 140.21 mView all details
Link to this fact

Identity

Hole ID
GBD-008
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
140.21 m
From
99.36 m
To
239.57 m
Intercept Depth
99.36 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-008:99.36-239.57
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417753
Northing
4292505
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This is a highly material intercept with strong gold grades over an exceptional length, confirming the expansion potential of the Sullivan Zone and supporting the feasibility study.

Positive factors

  • Strong gold grade for a porphyry deposit.
  • Exceptional intercept length, indicating significant mineralization.
  • Confirms down-dip expansion of the Sullivan Zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.50”

Context: 140.21

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-008Gabbs · copperGrade: 0.27Grade Unit: %Intercept: 140.21 mView all details
Link to this fact

Identity

Hole ID
GBD-008
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.27
Grade Unit
%
Intercept
140.21 m
From
99.36 m
To
239.57 m
Intercept Depth
99.36 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-008:99.36-239.57
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417753
Northing
4292505
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This is a highly material intercept with moderate copper grades over an exceptional length, confirming the expansion potential of the Sullivan Zone and supporting the feasibility study.

Positive factors

  • Moderate copper grade for a porphyry deposit.
  • Exceptional intercept length, indicating significant mineralization.
  • Confirms down-dip expansion of the Sullivan Zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.27”

Context: 140.21

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-008Gabbs · goldGrade: 0.93Grade Unit: g/tIntercept: 24.38 mView all details
Link to this fact

Identity

Hole ID
GBD-008
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
24.38 m
From
143.56 m
To
167.94 m
Intercept Depth
143.56 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-008:143.56-167.94
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417753
Northing
4292505
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a high-grade zone within the broader intercept, significantly enhancing the overall prospectivity.

Positive factors

  • Strong gold grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.93”

Context: 24.38

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-008Gabbs · copperGrade: 0.49Grade Unit: %Intercept: 24.38 mView all details
Link to this fact

Identity

Hole ID
GBD-008
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.49
Grade Unit
%
Intercept
24.38 m
From
143.56 m
To
167.94 m
Intercept Depth
143.56 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-008:143.56-167.94
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417753
Northing
4292505
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a high-grade zone within the broader intercept, significantly enhancing the overall prospectivity.

Positive factors

  • Strong copper grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.49”

Context: 24.38

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-009Gabbs · goldGrade: 0.17Grade Unit: g/tIntercept: 21.34 mView all details
Link to this fact

Identity

Hole ID
GBD-009
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.17
Grade Unit
g/t
Intercept
21.34 m
From
44.2 m
To
65.53 m
Intercept Depth
44.2 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-009:44.2-65.53
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417826
Northing
4292572
Azimuth
45 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows weak gold grades over a moderate length, contributing to the overall mineralized footprint.

Positive factors

  • Weak gold grade for a porphyry deposit.
  • Moderate intercept length.

Negative factors

  • True thickness not determined.

Evidence · table

“0.17”

Context: 21.34

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-009Gabbs · copperGrade: 0.08Grade Unit: %Intercept: 21.34 mView all details
Link to this fact

Identity

Hole ID
GBD-009
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.08
Grade Unit
%
Intercept
21.34 m
From
44.2 m
To
65.53 m
Intercept Depth
44.2 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-009:44.2-65.53
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417826
Northing
4292572
Azimuth
45 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows very weak copper grades over a moderate length, indicating limited copper mineralization in this section.

Positive factors

  • Moderate intercept length.

Negative factors

  • Very weak copper grade for a porphyry deposit.
  • True thickness not determined.

Evidence · table

“0.08”

Context: 21.34

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-009Gabbs · goldGrade: 0.15Grade Unit: g/tIntercept: 65.53 mView all details
Link to this fact

Identity

Hole ID
GBD-009
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.15
Grade Unit
g/t
Intercept
65.53 m
From
65.53 m
To
131.06 m
Intercept Depth
65.53 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-009:65.53-131.06
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417826
Northing
4292572
Azimuth
45 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows weak gold grades over a significant length, contributing to the overall mineralized footprint.

Positive factors

  • Long intercept length.

Negative factors

  • Weak gold grade for a porphyry deposit.
  • True thickness not determined.

Evidence · table

“0.15”

Context: 65.53

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-009Gabbs · copperGrade: 0.23Grade Unit: %Intercept: 65.53 mView all details
Link to this fact

Identity

Hole ID
GBD-009
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.23
Grade Unit
%
Intercept
65.53 m
From
65.53 m
To
131.06 m
Intercept Depth
65.53 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-009:65.53-131.06
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417826
Northing
4292572
Azimuth
45 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows weak to moderate copper grades over a significant length, contributing to the overall mineralized footprint.

Positive factors

  • Long intercept length.
  • Weak to moderate copper grade for a porphyry deposit.

Negative factors

  • True thickness not determined.

Evidence · table

“0.23”

Context: 65.53

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · goldGrade: 0.38Grade Unit: g/tIntercept: 123.44 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
123.44 m
From
62.48 m
To
185.93 m
Intercept Depth
62.48 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:62.48-185.93
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This is a highly material intercept with moderate gold grades over an exceptional length, confirming the expansion potential of the Sullivan Zone and supporting the feasibility study.

Positive factors

  • Moderate gold grade for a porphyry deposit.
  • Exceptional intercept length, indicating significant mineralization.
  • Confirms down-dip expansion of the Sullivan Zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.38”

Context: 123.44

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · copperGrade: 0.18Grade Unit: %Intercept: 123.44 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.18
Grade Unit
%
Intercept
123.44 m
From
62.48 m
To
185.93 m
Intercept Depth
62.48 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:62.48-185.93
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This is a material intercept with weak copper grades over an exceptional length, confirming the expansion potential of the Sullivan Zone and supporting the feasibility study.

Positive factors

  • Weak copper grade for a porphyry deposit.
  • Exceptional intercept length, indicating significant mineralization.
  • Confirms down-dip expansion of the Sullivan Zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.18”

Context: 123.44

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · goldGrade: 0.67Grade Unit: g/tIntercept: 13.72 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.67
Grade Unit
g/t
Intercept
13.72 m
From
67.06 m
To
80.77 m
Intercept Depth
67.06 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:67.06-80.77
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a high-grade zone within the broader intercept, significantly enhancing the overall prospectivity.

Positive factors

  • Strong gold grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.67”

Context: 13.72

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · copperGrade: 0.34Grade Unit: %Intercept: 13.72 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.34
Grade Unit
%
Intercept
13.72 m
From
67.06 m
To
80.77 m
Intercept Depth
67.06 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:67.06-80.77
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a high-grade zone within the broader intercept, significantly enhancing the overall prospectivity.

Positive factors

  • Moderate copper grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.34”

Context: 13.72

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · goldGrade: 0.51Grade Unit: g/tIntercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
18.29 m
From
167.64 m
To
185.93 m
Intercept Depth
167.64 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:167.64-185.93
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a high-grade zone within the broader intercept, further enhancing the overall prospectivity.

Positive factors

  • Strong gold grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.51”

Context: 18.29

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-010Gabbs · copperGrade: 0.16Grade Unit: %Intercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
GBD-010
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.16
Grade Unit
%
Intercept
18.29 m
From
167.64 m
To
185.93 m
Intercept Depth
167.64 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-010:167.64-185.93
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417447
Northing
4292625
Azimuth
225 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This included interval represents a weak copper zone within the broader intercept, contributing to the overall mineralized footprint.

Positive factors

  • Weak copper grade for a porphyry deposit.
  • Good intercept length for a higher-grade zone.

Negative factors

  • True thickness not determined.

Evidence · table

“0.16”

Context: 18.29

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-017Gabbs · goldGrade: 0.37Grade Unit: g/tIntercept: 22.86 mView all details
Link to this fact

Identity

Hole ID
GBD-017
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
22.86 m
From
147.83 m
To
170.69 m
Intercept Depth
147.83 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-017:147.83-170.69
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417917
Northing
4292468
Azimuth
135 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a moderate length, supporting the overall positive outlook for the Sullivan Zone's expansion.

Positive factors

  • Moderate gold grade for a porphyry deposit.
  • Moderate intercept length.

Negative factors

  • True thickness not determined.

Evidence · table

“0.37”

Context: 22.86

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-017Gabbs · copperGrade: 0.21Grade Unit: %Intercept: 22.86 mView all details
Link to this fact

Identity

Hole ID
GBD-017
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.21
Grade Unit
%
Intercept
22.86 m
From
147.83 m
To
170.69 m
Intercept Depth
147.83 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-017:147.83-170.69
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417917
Northing
4292468
Azimuth
135 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This intercept shows weak to moderate copper grades over a moderate length, supporting the overall positive outlook for the Sullivan Zone's expansion.

Positive factors

  • Weak to moderate copper grade for a porphyry deposit.
  • Moderate intercept length.

Negative factors

  • True thickness not determined.

Evidence · table

“0.21”

Context: 22.86

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-017Gabbs · goldGrade: 0.65Grade Unit: g/tIntercept: 10.67 mView all details
Link to this fact

Identity

Hole ID
GBD-017
Project
Gabbs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
10.67 m
From
149.35 m
To
160.02 m
Intercept Depth
149.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-017:149.35-160.02
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417917
Northing
4292468
Azimuth
135 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows strong gold grades over a moderate length, contributing to the overall mineralized footprint.

Positive factors

  • Strong gold grade for a porphyry deposit.
  • Moderate intercept length.

Negative factors

  • True thickness not determined.

Evidence · table

“0.65”

Context: 10.67

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

GBD-017Gabbs · copperGrade: 0.25Grade Unit: %Intercept: 10.67 mView all details
Link to this fact

Identity

Hole ID
GBD-017
Project
Gabbs
Commodity
copper
Region
usa_nv
Reported Region
usa_nv
Ticker
PGLD

Geometry

Grade
0.25
Grade Unit
%
Intercept
10.67 m
From
149.35 m
To
160.02 m
Intercept Depth
149.35 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
GBD-017:149.35-160.02
Mining Method
open_pit

Location

Location
Sullivan Zone
Easting
417917
Northing
4292468
Azimuth
135 °
Dip
-80 °
Loc. Confidence
medium
Loc. Source
document

QA/QC

Laboratory
ALS Global
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-18T00:00:00.000Z

Reasoning: This footwall intercept shows moderate copper grades over a moderate length, contributing to the overall mineralized footprint.

Positive factors

  • Moderate copper grade for a porphyry deposit.
  • Moderate intercept length.

Negative factors

  • True thickness not determined.

Evidence · table

“0.25”

Context: 10.67

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

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.