P2 Gold
Financials:
Primary ticker: TSXV:PGLD
Stage of development: Exploration
Primary minerals: Gold, Copper
Project to promote: BAM and Gabbs
Project location: British Columbia and Nevada
Website: www.p2gold.com
P2 Gold is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia.
Cash: CAD$8.7M (June 30, 2022)
Debt: NIL
Major shareholders:
Management ownership – 24.6%
Waterton – 16.9%
Management Profile
Joe Ovsenek – President & CEO
Joe Ovsenek has over 25 years of international management and legal experience in the precious metals industry. Before launching P2 Gold, Mr. Ovsenek was President and CEO of Pretium Resources Inc. where he led the advance of the high-grade gold Brucejack Mine which has been operating profitably since commercial start-up in 2017 and was acquired by Newcrest Mining for US$2.8 billion.
Ken McNaughton – Chief Exploration Officer
Ken McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. Prior to P2 Gold, he was Chief Exploration Officer at Pretium Resources Inc. and led the discovery of the Brucejack Mine.
What is your rationale for taking part in 121 Mining Investment?
Market awareness
What recent news would you like to highlight to investors attending?
February 8, 2023 – BAM Geophysics; January 24, 2023 – BAM initial Mineral Resource
What are your key goals for the next 3, 6 and 12 months?
3 Months:
PEA results for Gabbs
6 Months:
Drilling at BAM
12 Months:
Potential porphyry discovery and expanding resource at BAM
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Additional capital requirements – selling a royalty at Gabbs and positive drill results from BAM
What do you think makes your company such a compelling investment?
Low market valuation for a company with the newest gold discovery in the Golden Triangle at BAM and an advanced gold-copper project at Gabbs.
What are the top 3 key investor takeaways?
1. Experienced and proven management team with a track record of success;
2. Two standout projects (BAM and GAbbs); and
3. Management aligned with shareholders with ownership of 25% of issued and outstanding shares of P2