P2 Gold Inc. has reported results from ten reverse circulation drill holes testing the western half of the Lucky Strike Zone at its Gabbs gold-copper project on the Walker Lane Trend in Nevada.

Drill hole GBR-118 intersected 0.78 g/t gold and 0.29% copper over 79.25 meters starting 89.92 meters downhole, including a higher-grade interval of 21.34 meters grading 1.28 g/t gold and 0.34% copper from 92.96 meters. The hole also returned 32.00 meters grading 0.13 g/t gold and 0.13% copper starting 187.45 meters downhole in footwall mineralization.

Among the batch, drill hole GBR-119 intersected 158.50 meters grading 0.37 g/t gold and 0.16% copper starting 83.82 meters downhole, marking the thickest interval of mineralization encountered to date across the Gabbs property. That intercept included a 67.06-meter section grading 0.49 g/t gold and 0.18% copper starting at 96.01 meters.

Additional results from the western margin and core of Lucky Strike included hole GBR-120, which intersected 121.92 meters grading 0.47 g/t gold and 0.21% copper from 71.63 meters downhole, including 41.15 meters at 0.82 g/t gold and 0.29% copper. Hole GBR-121 returned 67.06 meters at 0.78 g/t gold and 0.20% copper from 73.15 meters downhole, with an internal intercept of 42.67 meters grading 1.07 g/t gold and 0.28% copper and a deeper footwall intercept of 24.38 meters at 0.12 g/t gold and 0.17% copper.

The infill and expansion drilling program at Gabbs has completed 78 reverse circulation drill holes since October 2025, comprising 24 holes at the Sullivan Zone and 54 at Lucky Strike, alongside 29 diamond drill holes and 10 exploration holes. On completion of the drill program, P2 Gold plans to prepare an updated Mineral Resource estimate to form the basis of a feasibility study expected in the fourth quarter of 2026.

The feasibility study is advancing using a nominal production rate of 12 million tonnes per year targeting average annual production of 150,000 ounces of gold and 45 to 50 million pounds of copper, building on the 2025 preliminary economic assessment which outlined a 9 million tonne per year operation producing an average of 109,000 ounces of gold and 33 million pounds of copper annually over a 14.2-year mine life.

In broader commodity markets, gold recently traded at $4,415.40 per ounce, reflecting an 8.83% increase over a 30-day period, while copper traded at $0.416 per pound, representing a 4.84% gain over the same timeframe.

Read the full announcement: P2 Gold Intersects 0.78 g/t Gold and 0.29% Copper Over 79.25 Meters, Including 1.28 g/t Gold and 0.34% Copper over 21.34 meters at the Heart of the Lucky Strike Zone