P2 Gold Inc. · TSXV:PGLD
P2 Gold — Investor Presentation (February 2022)
16 slides from P2 Gold's investor presentation, February 2022
Slide 1: Gabbs Project
Gabbs Project February 2022 TS X - V: P G LD
Slide 2: Cautionary Statement
Cautionary Statement Forward-Looking Information This presentation contains "forward-looking information” within the meaning of applicable securities laws that is intended to be covered by the safe harbors created by those laws. “Forward-looking information” includes statements that use forward-look
Slide 3: Gabbs Project: Gold-Copper with Growth Potential in Nevada
Gabbs Project: Gold-Copper with Growth Potential in Nevada Gabbs Project Summary Property Gold - copper Indicated and Winnemucca Stage Inferred Mineral Resource Expansion Four known zones of N E VA D A Potential mineralization – all open along Reno strike and at depth Carson City Additional near sur
Slide 4: Gabbs Project Mineral Resource Estimate February 2022
Gabbs Project Mineral Resource Estimate February 2022 February 2022 Updated Mineral Resource Estimate(1) Mineral Gold Copper Gold Eq. Resource Tonnes Grade Grade Gold Copper Grade Gold Eq. Category (M) (g/t) (%) (M oz) (M lbs) (g/t) (M oz) Indicated 43.4 0.47 0.28 0.65 266.7 0.81 1.12 Inferred 69.9
Slide 5: Gabbs Project - Key Parameters
Gabbs Project - Key Parameters Mineral Resource Estimates February 2022 & January 2021 Parameter February 2022(1) January 2021(2) Mining scenario Open pit Open pit Constrained pit shell 50-degree slopes 50-degree slopes Oxide(3) cut-off grade 0.35 g/t gold equivalent 0.24 g/t gold equivalent Sulphid
Slide 6: February 2022 Updated Mineral Resource Estimate by Zone
Gabbs Project February 2022 Updated Mineral Resource Estimate by Zone(1) Lucky Strike Mineral Resource Tonnes Au Cu Au Cu Au Eq. Au Eq. Category (Mt) (g/t) (%) (M oz) (M lbs) (g/t) (M oz) Inferred 49.1 0.34 0.25 0.54 269.5 0.69 1.10 Gold Ledge Mineral Resource Tonnes Au Cu Au Cu Au Eq. Au Eq. Catego
Slide 7: Mineral Resource Estimate by Rock Group
Gabbs Project Mineral Resource Estimate by Rock Group February 2022 Updated Mineral Resource Estimate by Rock Group(1) Mineral Gold Copper Gold Eq. Resource Tonnes Grade Grade Gold Copper Grade Gold Eq. Category (M) (g/t) (%) (M oz) (M lbs) (g/t) (M oz) Oxide Indicated 20.1 0.61 0.29 0.39 127.9 0.89
Slide 8: Good Infrastructure
Gabbs Project Good Infrastructure Gabbs ~10 km (~6 miles); NEVADA Community Hawthorne ~70 km (~45 miles) Nevada Highway 361 and C A L I F O R N I A N E VA D A Gabbs Pole Line Road Gabbs Access (Route 89) cross the property Gabbs Project Powerline crosses the property; major Walker Lake Power transmi
Slide 9: View to the Southeast from Lucky Strike Zone
Gabbs Project View to the Southeast from Lucky Strike Zone Sullivan Zone Gold Ledge Zone 9
Slide 10: 2022 Programs
Gabbs Project 2022 Programs 2022 Exploration Program Natural source magnetotelluric geophysics survey (completed) Reverse circulation drill program ~4,500 meters (underway) Mapping and sampling (ongoing) Mineral Resource update (planned for Q4/22) 2022 Engineering Program Phase Two metallu
Slide 11: 2022 Drill Program Plan View
Gabbs Project - 2022 Drill Program Plan View Lucky Strike Sullivan Gold Ledge Car Body NE Car Body Gabbs Drill Holes Historic 2021 2022 - Planned 11
Slide 12: Advancing Gabbs: Strategy and Objectives
Advancing Gabbs Strategy and Objectives GABBS PROJECT ACQUIRED February 2022 Updated Mineral Resource 2021 2022 2023 2024 2025 Preliminary Economic Feasibility Assessment Study Phase One Metallurgical Results Mineral Resource Update First Drill Results ENGINEERING FEASIBILITY STUDIES STUDIES M E TAL
Slide 13: P2 Gold Inc. Contact
TSX-V:PGLD FRA:4Z9 P2 Gold Inc. 1100, 355 Burrard Street Vancouver, BC V6C 2G8 www.p2gold.com Contact: Joe Ovsenek, President & CEO jovsenek@p2gold.com info@p2gold.com
Slide 14: Appendix: Gabbs Project
Appendix Gabbs Project GABBS 14
Slide 15: Acquisition Terms, Structure and Value
Gabbs Acquisition Terms, Structure and Value(1) Key Transaction Terms Transaction Structure US$1 million Asset Purchase Agreement 15 million shares of P2 @ $0.50 – Between P2 Gabbs Inc. and an indirect, Paid at Closing 2% NSR, callable wholly-owned subsidiary of Waterton US$1.5 million for the fir
Slide 16: Historical Exploration
Gabbs Project Historical Exploration(1) Four known zones of mineralization: Sullivan, Lucky Strike, Gold Ledge and Car Body Last exploration program 2011 494 holes drilled since 1970, Lucky – 397 holes (80%) drilled between 1970 Strike and 1995 • Most holes drilled to 300 feet Gold Sullivan Le