Announcement Date: 2022-08-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: P2 Gold Inc.
Project name: BAM
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 44.94m @ 1.49g/t Au, 2.71g/t Ag from 5.06m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia, August 22, 2022; P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD), reports results from the first drill holes (BAM-007 to 015) of the 2022 Drill Prog These first holes were drilled along a section line running east to west to follow up on 2021 drilling and expand the understanding of the BAM geology. This drilling has defined a horst, or uplifted block of the underlying dolostone surrounded by siltstones, mudstones, and conglomerates to the east and just siltstones and mudstones to the west. Selective layers within these sediments have seen multiple episodes of brecciation, silicification and intense sericite alteration. There were also several episodes of pyrite mineralization, including a late-stage breccia fill event that appears to correlate with the higher-grade mineralization. Drilling completed after hole BAM-015 has defined numerous structures that were active either during and/or after the mineralization event.
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