- CEO
- Joseph J. Ovsenek
- Full Time Employees
- 5
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 999 West Hastings Street Vancouver BC Canada V6C 2W2
- IPO Date
- Oct 15, 2018
- Business
- P2 Gold Inc. is a Vancouver-based precious metals exploration and development company primarily engaged in the acquisition, exploration, and advancement of gold, copper, and silver mineral resource properties. Founded in 2020, P2 Gold focuses on its flagship Gabbs gold-copper project located in Nevada's Walker Lane Trend, which comprises 543 unpatented and one patented lode mining claim covering approximately 4,500 hectares. The Gabbs Project features an inferred mineral resource of 1.84 million ounces of gold-equivalent with significant expansion potential, targeting gold, silver, and copper through modern exploration and mining methods including open-pit mining, heap leaching, flotation, and cyanide leaching processes. The company also advances its BAM property in British Columbia’s Golden Triangle, where new gold discoveries remain open for expansion. Recent developments include a positive updated Preliminary Economic Assessment (2025 PEA) indicating a projected 14.2-year mine life with life-of-mine production estimates of approximately 1.55 million ounces of gold, 2.48 million ounces of silver, and 213,000 tonnes of copper. The 2025 PEA highlights strong project economics with improved metallurgical recovery rates for gold (88%), silver (63%), and copper (69%), a total projected after-tax cash flow of $3.737 billion, and a net present value of $946 million at a 15% discount rate under spot metal prices. P2 Gold has secured approximately $11 million through private placements from 2024 to 2025 to advance exploration, feasibility studies, and infrastructure development. The company has achieved a critical metallurgical breakthrough utilizing SART (Sulfidization, Acidification, Recovery, Recycling, and Thickening) technology, which enhances recovery rates while reducing operating costs. Gabbs benefits from strong infrastructure including highway access, power, and water supply, positioning P2 Gold to progress toward production in a mining-friendly jurisdiction without anticipated permitting obstacles. P2 Gold operates primarily in the United States and Canada with headquarters in Vancouver, Canada, and is led by an experienced management team with a proven track record in advancing exploration projects to production. The company remains focused on expanding its mineral resource base, advancing metallurgical testing, and executing feasibility studies to confirm economic viability.