P2 Gold BAM Project Update
June 9, 2022 News Release 22-14
P2 Gold BAM Project Update
Vancouver, British Columbia, June 9, 2022; P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) reports
that the 2022 exploration program at its gold-copper BAM Project located in the Golden Triangle in
northwest British Columbia is underway.
In late May crews mobilized for site preparation at BAM , clearing snow and caching fuel for the
upcoming Z‐Tipper Axis Electromagnetic (“ZTEM”) airborne geophysical survey . Camp construction
has begun and is expected to be complete in the coming weeks. While camp construction is underway,
crews will be based near Highway 37 approximately 45 kilometers to the southeast of BAM.
A diamond drill is planned to mobilize to BAM in two weeks to commence the 10,000 -meter drill
program. Drilling will focus on expanding the near-surface epithermal Monarch Gold Zone, first drilled
in July 2021 , where Hole B AM-003 intersected 2.63 g/t gold over 45.8 5 meters including 9.2 meters
grading 7.30 g/t gold. Drilling will also test the Monarch Gold Zone at depth by targeting the feeder
zone for the surface mineralization. The BAM 2022 drill program is expected to continue through the
end of September.
The ZTEM airborne geophysical survey is planned to commence mid-June and will target the geological
structures underlying the BAM Project , most importantly the potential feeder zone for the near -
surface epithermal Monarch Gold Zone.
Quality Assurance
Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as
defined by NI 43-101, responsible for the BAM Project. Mr. McNaughton has reviewed , verified and
approved the technical information in this news release.
About P2 Gold Inc.
P2 is a mineral exploration and development company focused on advancing precious metals and
copper discoveries and acquisitions in the western United States and British Columbia.
For further information, please contact:
Joseph Ovsenek
President & CEO
(778) 731-1055
P2 Gold Inc.
Suite 1100, 355 Burrard Street
Vancouver, BC
V6C 2G8
Michelle Romero
Executive Vice President
(778) 731-1060
2 | P a g e
(SEDAR filings: P2 Gold Inc.)
Neither the TSX Venture Exchange (the “Exchange”) nor its Regulation Services Provider (as that term
is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward Looking Information
This press release contains “forward-looking information” within the meaning of applicable securities
laws that is intended to be covered by the safe harbours created by those laws. “Forward -looking
information” includes statements that use forward -looking terminology such as “may”, “will”,
“expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations
thereof or comparable terminology. Such forward-looking information includes, without limitation,
information with re spect to the Company’s expectations, strategies and plans for the BAM Project
including the Company’s planned expenditures and exploration activities.
Forward-looking information is not a guarantee of future performance and is based upon a number of
estimates and assumptions of management at the date the statements are made. Furthermore, such
forward-looking information involves a variety of known and unknown risks, uncertainties and other
factors which may cause the actual plans, intentions, activities, results, performance or achievements
of the Company to be materially different from any future plans, intentions, activities, results,
performance or achievements expressed or implied by such forward -looking information, including
without limitation, risks associated with mineral exploration, including the risk that actual results and
timing of exploration and development will be different from those expected by management . See
“Risk Factors” in the Company’s annual information form dated March 31, 2022 fil ed on SEDAR at
www.sedar.com for a discussion of these risks.
The Company cautions that there can be no assurance that forward-looking information will prove to
be accurate, as actual results and future events could differ materially from those anticipated in such
information. Accordingly, investors should not place undue reliance on forward-looking information.
Except as required by law, the Company does not assume any obligation to release publicly any
revisions to forward -looking information c ontained in this press release to reflect events or
circumstances after the date hereof.