{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"P2 Gold Inc. (TSXV:PGLD) - 3.5M Ounce Gabbs Project Advances on Metallurgical Breakthrough","html":"","width":"100%","height":180,"duration":1674,"description":"Interview with Joseph Ovsenek, President & CEO, and Ken McNaughton, CExpO of P2 Gold Inc.\nOur previous interview: https://www.cruxinvestor.com/posts/p2-gold-pgld-goldcopper-explorer-racing-to-production-3124\nRecording date: 27th August 2025\nP2 Gold Corp (TSXV:PGLD) is positioning itself as Nevada's next significant precious metals producer through its flagship Gabbs gold-copper project, led by veteran mining executives Joseph Ovsenek and Ken McNaughton who previously built Silver Standard from $10 million to $2.8 billion market capitalization.\nThe company's updated Preliminary Economic Assessment demonstrates compelling project economics with a 21.6% internal rate of return and $300 million NPV at base case metal prices. At current spot prices, these metrics surge dramatically to 55-56% IRR and over $600 million NPV, highlighting the project's leverage to the current precious metals environment.\nThe Gabbs project contains 3.5 million ounces of gold equivalent resources across four mineralization zones, comprising approximately 2 million ounces of gold and 1.5 million copper equivalent. This positions Gabbs to become the third or fourth largest gold deposit in Nevada, providing natural price hedging through its balanced precious-base metals profile.\nP2 Gold has achieved a critical metallurgical breakthrough through SART technology (Sulfidization, Acidification, Recovery, Recycling and Thickening), overcoming historical processing challenges that made the project uneconomic in the 1990s. The technology delivers 88% gold recovery and 67% copper recovery while dramatically improving leach kinetics from over 145 days to under 60 days.\nThis technological advancement addresses the primary obstacle that previously prevented development - the interference between copper and gold in cyanide leaching. The SART process allows simultaneous recovery of both metals while regenerating cyanide, substantially reducing operating costs.\nGabbs benefits from superior infrastructure...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}