P2 Gold Inc. (TSXV:PGLD) - 30,000m Drill Program Ahead of Resource Update & YE Feasibility Study

P2 Gold (TSXV:PGLD) says it is moving its Gabbs Project (Nevada) into a milestone-heavy development phase, centered on a ~30,000m drill program ahead of a resource update and a year-end feasibility study timeline. Management’s stated objective is to complete a feasibility study by end-2026 while progressing permitting work to position the project for a potential construction decision thereafter. In the Crux Investor interview (recording date cited as 1 Mar 2026), CEO Joseph Ovsenek frames current workstreams as (1) drilling to support an updated resource, (2) feasibility-level technical work through 2026, and (3) permitting advancement in parallel. The key near-term deliverables for investors are the resource update (timing not specified in the provided excerpt) and incremental drill results that could affect grade/tonnage and, ultimately, feasibility economics. Market implications for precious-metals traders are second-order (single-asset developer equity sensitivity rather than direct bullion impact), but the program size and feasibility pathway can matter for North American future gold supply optionality and for small-cap gold equity sentiment if drilling materially improves the resource base. Near-term catalysts are drill results releases and any guidance around resource update timing; the main risk is typical development execution—resource conversion, capex/opex inflation, and permitting/financing timelines—into the targeted end-2026 feasibility window. Note: the video transcript is not available in the source provided; the summary relies on the RSS description and may omit details (e.g., grades, current resource size, capex estimates, or financing plans) that would normally drive a more tradeable desk view.