The wait is over: management reported yesterday that the US Bureau of Land Management (BLM) approved the company to proceed with exploration drilling on the Red Hills gold target at the Philadelphia Gold-Silver property in …

          Surprise! The two companies announced yesterday that Eskay Mining has agreed to acquire P2.     It might be viewed as a merger, but it’s actually a buyout, since Eskay is purchasing all of P2’s …

          These are exceptional extraction rates. They come from “agitation cyanide leach tests on two bulk samples” at the Philadelphia Gold-Silver Property, Arizona.     Specifically, the leach tests were performed on two bulk samples of …

          Management had an updated Preliminary Economic Assessment (PEA) done on the Gabbs Gold-Copper project, located on the Walker-Lane Trend in Nevada. This is a distinct improvement over the PEA done last September:   After-tax net …

          Management updated their drilling progress yesterday at the Philadelphia Gold-Silver project in Mohave County, Arizona.     This graphic shows the grid outline of the current drill program. You can see from the key at …

          In early March, P2 Gold advanced with a strategic debt settlement that would allow for a convertible debenture to fuel its growth. Today, management announced an updated Inferred Resource at the Gabbs Project, which is …

        That was quick… after closing the $1.59M private placement on Monday, crews are already mobilizing the equipment to begin the reverse circulation (RC) drill program at the flagship Philadelphia Gold-Silver Property in Mohave County, Arizona.   …

          The company ended up raising C$1,598,489.21 in their private placement. It was non-brokered, so the cost was low.     They issued 5,328,297 “units” at C$0.30, which includes a full warrant at C$0.45 for two …

          The previously oversubscribed private placement is oversubscribed yet again. This is a strong sign of investor interest in the company.     The financing is now 5,841,797 units (from 3,333,333) and will raise C$1,748,489.21.   …

          Now that the outstanding debt has been settled, management is re-evaluating the preliminary economic assessment (PEA) on the Gabbs project. The upshot is they’re assessing the benefits of incorporating the lower grade material above the …