Pilot Gold is pleased to announce that it has received a notice of intention from Newmont Mining, to subscribe for units of the Company at a price of C$1.65 per Unit on a private placement basis. Pursuant to a participation right granted by the Company to Newmont in connection an arrangement agreement among Newmont, Fronteer Gold Inc. and the [...]
Pilot Gold is pleased to announce that it has received a notice of intention from Teck Madencilik Sanayi Ticaret a subsidiary of Teck Resources, to subscribe for units of the Company at a price of C$1.65 per Unit on a private placement basis. Pursuant to a participation right granted by the Company to TMST in connection with the TV Tower property [...]
Pilot Gold is pleased to announce that it has increased its previously announced bought deal financing from C$20,625,000 to C$25,575,000. Lead underwriter National Bank Financial, along with Canaccord Genuity, CIBC World Markets, Haywood Securities and Scotia Bank have agreed to purchase, on a bought deal basis, 15,500,000 units of the Company at a [...]
Pilot Gold is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial, and including Canaccord Genuity, CIBC World Markets, Haywood Securities and Scotia Bank pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,500,000 units of the Company at a [...]
Pilot Gold is pleased to announce the completion of a Preliminary Economic Assessment for the Halilaga copper-gold porphyry deposit in northwestern Turkey. Pilot Gold holds a 40% interest in Halilaga, with Teck Resources Limited's Turkish subsidiary, Teck Madencilik Sanayi Ticaret as its 60% joint venture partner and project operator. The PEA [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/09/12 -- Pilot Gold (TSX: PLG) (the "Company") is pleased to report the results of the six remaining holes in its 2012 drilling program at the Kinsley Mountain Project in Nevada. These holes were focused on the western side of Kinsley Mountain and targeted a recently-discovered [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/19/12 -- Pilot Gold Inc. (TSX: PLG) is pleased to report that the first two drill holes of the 2012 program at the Kucukdag (KCD) target at the TV Tower project in Turkey have returned long intervals of high grade gold, silver and copper. Highlighted is drill hole KCD-39, which returned 5.94 grams [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/27/12 -- Pilot Gold (TSX: PLG) ("Pilot Gold" or "the Company") is pleased to report that reverse-circulation (RC) step-out drilling at the Company's Kinsley Mountain Project in northeast Nevada has returned up to 2.30 g/t gold over 19.8 metres on the western flank of the Kinsley Range, 550 metres [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/14/12 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") reports financial results for the second quarter ended June 30, 2012, and provides an update on exploration activities.
"During the second quarter of 2012, we became operator at TV Tower, earned a controlling interest at Kinsley [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/08/12 -- Pilot Gold (TSX: PLG) ("Pilot Gold" or "the Company") is pleased to announce that it has commenced a 16,000 metre resource definition and exploration drill program at the TV Tower Project in northwestern Turkey. As Operator, Pilot Gold plans to drill 9,000 metres by year-end, focused on [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/01/12 -- Pilot Gold (TSX: PLG) ("Pilot Gold" or the "Company") is pleased to report that the first round of assays from the 2012 work program at the Halilaga copper-gold porphyry in northwestern Turkey has returned broad intervals of continuous copper-gold mineralization in all holes, including [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/19/12 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") announced today that it has entered into an agreement (the "Agreement") with Rae-Wallace Mining Company (PINKSHEETS: RAEW) ("Rae-Wallace") whereby the Company will not exercise its option (the "Option") to acquire up to a 51 [...]