P2 Gold drills Lucky Strike zone open in all directions at Gabbs

Canada NewsWire VANCOUVER, BC , July 6, 2026 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) (OTCQB: PGLDF) reports results from three diamond drill holes (GBD-018, GBD-022 and GBD-039) drilled at the Lucky Strike Zone as part of the Pit Slope Stability Geotech Drill Program at its Gabbs Project located on the Walker-Lane Trend in Nevada.  All three drill holes were drilled at the margins of the planned open pit (based on the preliminary economic assessment*), and all three drill holes intersected gold-copper mineralization highlighting that the Lucky Strike Zone remains open in all directions and continues to grow in size.  Initial infill and expansion drill plans for the Lucky Strike Zone contemplated 14,900 meters of drilling.  With the discovery of the higher-grade core of gold-copper mineralization in the western half of the Lucky Strike Zone, an additional 15,000-meters of reverse circulation ("RC") drilling is now planned, initially targeting this higher-grade core area to the north and the south.  The planned drilling is in keeping with the Company's primary focus on the shallower mineralization in the western half of the Lucky Strike Zone.  Once the western half of the Lucky Strike Zone is well defined, the focus of drilling will then switch to expanding the mineralization to the northeast and southeast.  The results of the additional planned drilling at the Lucky Strike Zone, which remains open in all directions, are intended to be included in the Gabbs Project feasibility study Mineral Resource estimate. Drilling Highlights Select drill results (see Table 1 below for drill results) from holes GBD-018, GBD-022 and GBD-039 drilled at the Lucky Strike Zone include: •    Hole GBD-022 intersected 0.44 g/t gold and 0.36% copper over 25.91 meters from 144.78 meters downhole , including 16.76 meters grading 0