P2 Gold BAM Update
P2 Gold BAM Update
VANCOUVER, BC
,
July 14, 2023
/CNW/ -
P2 Gold Inc.
("P2" or the "Company") (TSXV: PGLD)
(OTCQB: PGLDF) reports that it has completed the first two drill holes and the 2023 mapping and
sampling program at its gold-copper BAM Project located in the Golden Triangle of northwest
British
Columbia
.
"We have completed drilling our priority exploration targets beneath the Monarch Gold and
Jan
Copper
zones," commented
Joe Ovsenek
, President & CEO of P2. "However, due to market
conditions additional flow-through funding expected in early July did not materialize. As a result, we
have stopped drilling and demobilized the drill while we wait for assays. We plan to return to BAM
when funding is available to follow-up on the completed drill holes and drill the remaining priority drill
targets and other targets identified from this year's exploration program."
With the completion of the two drill holes and the mapping and sampling program, exploration crews
will demobilize from BAM in the coming week. Assays from the drill program are expected to be
received in August.
About P2 Gold Inc.
P2 Gold 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
.
Neither 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 respect 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.
See "Risk Factors" in the Company's annual information form for the year ended
December 31,
2022
, dated
March 16, 2023
filed 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 contained in this press release to reflect events or
circumstances after the date hereof.
SOURCE
P2 Gold Inc.
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For further information:
Joseph Ovsenek, President & CEO, (778) 731-1055; P2 Gold Inc., Suite
1100, 355 Burrard Street,Vancouver, BC, V6C 2G8, [email protected] (SEDAR filings: P2 Gold
Inc.); Michelle Romero, Executive Vice President, (778) 731-1060
CO: P2 Gold Inc.
CNW 05:00e 14-JUL-23