P2 Gold Provides Update on BAM Project
December 24, 2021 News Release 21-29
P2 Gold Provides Update on BAM Project
Vancouver, British Columbia, December 24, 2021; P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD)
reports on planned 2022 activities at its gold-copper BAM Project, located in the Golden Triangle in
northwest British Columbia and status of the Todd Creek and Natlan option agreements.
BAM 2022 Exploration Program
With the closing of the financings (see P2 news release of December 23, 2021), the BAM 2022 Exploration
Program is fully funded. The program is planned to commence with a Z‐Tipper Axis Electromagnetic
(“ZTEM”) airborne geophysical survey late spring 2022 in an effort to identify the source of the surface
epithermal mineralization encountered in the BAM 2021 Exploration Program.
The program is also expected to include 8,000 to 10,000 meters of diamond drilling to expand on the
surface epithermal mineralization encountered in 2021 and test for the feeder system of the surface
epithermal mineralization and its interpreted alkaline porphyry source.
Todd Creek and Natlan
The Company has terminated the option agreements for the Todd Creek and Natlan properties located
in northwest BC.
Qualified Person
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 BAM Project exploration program.
About P2 Gold Inc.
P2 is a mineral exploration and development company focused on advancing precious metals
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
(SEDAR filings: P2 Gold Inc.)
Michelle Romero
Executive Vice President
(778) 731-1060
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 s uch 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 C ompany’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 informat ion form dated August 9, 2021 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.