09:07 AM EDT, 06/16/2025 (MT Newswires) -- P2 Gold ( PGLDF ) , trading near 52-week highs, on Monday reported "positive" interim test results from the metallurgical program underway for its gold-copper Gabbs project located on the Walker-Lane Trend in Nevada.

The company said that after 58 days of leaching, the metal recoveries of the Phase Three Metallurgical Program far exceeded the recoveries from the Phase Two Metallurgical Program. These metal recoveries also exceeded the recoveries used in the May 2024 Preliminary Economic Assessment on the Gabbs project.

P2 Gold ( PGLDF ) expects the Phase 3 Metallurgical program to continue for another 30 to 60 days and final metallurgical recoveries to be announced upon completion of the program.

Shares of the company closed unchanged at $0.110 on Friday on the TSX Venture Exchange.