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P2 Gold Closes the Sale of the Ball Creek Claims (BAM Project)
P2 Gold Closes the Sale of the Ball Creek Claims (BAM Project) Canada NewsWire ...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\n P2 Gold Closes the Sale of the Ball Creek Claims (BAM Project)\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Jan. 29, 2025\n \n\n /CNW/ -\n \n P2 Gold Inc.\n \n (\"P2\" or the \"Company\") (TSXV: PGLD) and (OTCQB: PGLDF) reports that it has completed the sale of its Ball Creek Claims (the \"Transaction\") (also known as the BAM Project) to Kingfisher Metals Corp. (\"Kingfisher\"), which was previously announced on\n \n December 5\n \n , 2024.  Under the terms of the definitive agreement, the Company received 1,515,151 common shares in the capital of Kingfisher and\n \n C$950,000\n \n in cash in exchange for the transfer of the claims on the closing of the Transaction.\n \n\n\n\n\n\n\n\n\n The Company plans to use the proceeds from the Transaction for additional metallurgical test work on, and the permitting of production water wells at, its Gabbs Project located on the Walker Lane Trend in Nevada.  The Company will provide additional details of its plans as they progress.\n \n\n\n About P2 Gold Inc.\n \n\n\n 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.\n \n\n 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.\n \n\n\n Forward Looking Information\n \n\n\n 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 n...