# P2 Gold Gabbs Project Update: Feasibility Study on Track Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/p2-gold-gabbs-project-update-feasibility-study-on-track--413ccb6d-6fd7-47b8-98e9-b40a4f1575b6 Original source: https://orestocks.com/company/PGLD.V/press-releases/7761905567476659 Publisher: orestocks Original announcement: 2026-09-21T09:01:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: P2 Gold Inc. - Ticker: PGLD.V - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: Copper, Silver - Document categories: Metallurgy, Economic study, Permitting - Extracted: 2026-09-21 10:49:42 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary P2 Gold provides an update on the Gabbs Project in Nevada, confirming that a feasibility study is on track for completion in Q1 2027. The company has outlined a phased production strategy involving both heap leach and mill facilities, with an increased mill throughput of 12 Mtpa to target sulphide mineralization. Metallurgical testing and an updated mineral resource estimate are both expected in late 2026. Reasoning: The announcement provides a significant update on the project's development path, specifically detailing a phased production approach and increased mill throughput which improves projected recoveries. While it lacks new assay results, the engineering and permitting milestones are clearly defined. - Positive factor: Feasibility study on track for Q1 2027 - Positive factor: Increased mill throughput capacity \(12 Mtpa\) - Positive factor: Higher projected recoveries for sulphide mineralization - Positive factor: Successful expansion of known mineralization zones - Positive factor: Water rights acquisition secured - Negative factor: Metallurgical results for flotation and locked-cycle testing are still pending Facts used in scoring: 4 ## Classification and evidence **PFS Complete** Polarity: positive Definition: AACE Class 3 study complete. Why it applies: The company is currently advancing a feasibility study targeted for Q1 2027. Evidence · text > A feasibility study for placing the Gabbs Project in production is targeted for completion in the first quarter of 2027. **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The project plans to utilize a mill facility for sulphide mineralization starting in year three. Evidence · text > the feasibility study will now proceed with plans for the mill facility on start up in year three to operate at a rate of 12 million tonnes per year. **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: The project includes a phased approach using a heap leach facility for oxide and early-stage mineralization. Evidence · text > Preproduction, Car Body gold-silver mineralization delivered to the heap leach facility **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Metallurgical Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-gabbs-project-update-feasibility-study-on-track--413ccb6d-6fd7-47b8-98e9-b40a4f1575b6#fact-metallurgical-facts-0) Gabbs · gold #### Identity - Project: Gabbs - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD.V #### Test Work - Sample: sulphide mineralization for mill facility #### Recovery - Recovery: 94.5 % - Recovery Basis: unspecified #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: 94.5% recovery for gold in the mill route is considered strong. - Positive factor: High recovery estimate for sulphide ore Evidence · text > Recoveries for milling the sulphide mineralization are estimated to be 94.5% for gold ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-gabbs-project-update-feasibility-study-on-track--413ccb6d-6fd7-47b8-98e9-b40a4f1575b6#fact-metallurgical-facts-1) Gabbs · copper #### Identity - Project: Gabbs - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD.V #### Test Work - Sample: sulphide mineralization for mill facility #### Recovery - Recovery: 79.9 % - Recovery Basis: unspecified #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: 79.9% copper recovery in a mill route is a solid estimate for sulphide ore. - Positive factor: Significant increase over oxide heap leach recoveries Evidence · text > and 79.9% for copper #### Tags used in scoring **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 79.9% is below the weak band \(80%\) ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-gabbs-project-update-feasibility-study-on-track--413ccb6d-6fd7-47b8-98e9-b40a4f1575b6#fact-metallurgical-facts-2) Gabbs · gold Historical result Needs review: historical\_restatement #### Identity - Project: Gabbs - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD.V #### Test Work - Sample: oxide mineralization for heap leach facility #### Recovery - Recovery: 85 % - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Standard recovery for oxide heap leach. Evidence · text > estimated to be 85% for gold ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/p2-gold-gabbs-project-update-feasibility-study-on-track--413ccb6d-6fd7-47b8-98e9-b40a4f1575b6#fact-metallurgical-facts-3) Gabbs · copper Historical result Needs review: historical\_restatement #### Identity - Project: Gabbs - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: PGLD.V #### Test Work - Sample: oxide mineralization for heap leach facility #### Recovery - Recovery: 67 % - Recovery Basis: unspecified #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-07T00:00:00.000Z #### Dates - Event date: 2026-09-21T00:00:00.000Z Reasoning: Standard recovery for oxide heap leach. Evidence · text > and 67% for copper #### Tags used in scoring **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 67% is below the weak band \(80%\) ## 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.