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P2 Gold Files Gabbs PEA Technical Report

Technical Reports (NI 43-101) Economic Studies

P2 Gold Files Gabbs PEA Technical Report

VANCOUVER, BC

,

July 4, 2024

/CNW/ -

P2 Gold Inc.

("P2" or the "Company") (TSXV: PGLD)

(OTCQB: PGLDF) reports it has filed a National Instrument 43-101 Standards of Disclosure for

Mineral Projects ("NI 43-101") technical report entitled "NI 43-101 Technical Report, Preliminary

Economic Assessment, Gabbs Heap Leach and Mill Project,

Nye County, Nevada

, USA", with an

effective date of

May 17, 2024

(the "Gabbs Technical Report"). The Gabbs Technical Report is

available under the Company's profile on SEDAR at

www.sedar.com

and on the Company's website

at

www.p2gold.com

.

The Gabbs Technical Report was prepared by

Carl E. Defilippi

, RM, SME of Kappes, Cassiday &

Associates of

Reno Nevada

,

Eugene Puritch

, P.Eng., FEC, CET,

Andrew Bradfield

, P.Eng.,

William

Stone

, Ph.D., P.Geo.,

Jarita Barry

, P.Geo. and

David Burga

, P.Geo. of P&E Mining Consultants Inc.

of

Brampton, Ontario

and

Douglas Willis

, CPG of Welsh Hagen Associates of

Reno Nevada

, each of

whom is a "Qualified Person" as defined by NI 43-101 and independent of the Company.

About P2 Gold Inc.

P2 Gold is a mineral exploration and development company focused on advancing its gold-copper

Gabbs Project on the Walker Lane Trend in

Nevada

. A positive preliminary economic assessment

has outlined a long-life, mid-size mine at Gabbs with annual average production of 104,000 ounces

gold and 13,500 tonnes copper over a 14.2 year mine life.

Neither the TSX Venture 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 its exploration and

development projects, including the Company's planned expenditures and exploration and

development activities at the Gabbs Project.

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,

2023

, dated

March 21, 2024

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.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2024/04/c8806.html

%SEDAR: 00045664E

For further information:

For further information, please contact: Joseph Ovsenek, President &

CEO, (778) 731-1055, P2 Gold Inc., Suite 789, 999 Hastings Street, Vancouver, BC, V6C 2W2,

[email protected], (SEDAR filings: P2 Gold Inc.); Michelle Romero, Executive Vice President, (778)

731-1060

CO: P2 Gold Inc.

CNW 07:57e 04-JUL-24