Pilot Gold is pleased to report that metallic screen assaying of the previously reported hole KCD-50 is complete, and shows that the average grade for a high-grade 12.0-metre-long interval increased by 17.5%. Metallic screen assaying returned 227 grams per tonne gold (g/t Au) over 12.0 metres while conventional fire assay results for the interval [...]
Drilling shows continuity of high-grade gold extending more than 100 metresVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") is pleased to report that infill drilling from holes to the southeast and down-dip to the northeast of KCD-50 returned significant intervals of high-grade [...]
Pilot Gold has signed and closed a definitive purchase agreement to sell 100% of its Regent exploration property to Rawhide Mining LLC for $3 million in cash. Pilot Gold will retain a net profits royalty of 15% on the Property and is entitled to a sliding scale gold equivalent bonus payment, each of which is payable in certain circumstances after [...]
Pilot Gold is pleased to report that step-out core drilling along the north, south and northwest margins of the KCD target at TV Tower in western Turkey returned strong results and extend the zone of high-grade gold mineralization. "Our geologic model is again proving to be predictive, as recent results from step-out drilling at KCD extend the [...]
Pilot Gold is pleased to report that new assay results from seven diamond drill holes at the Kucukdag (KCD) target show long runs of strong gold, silver and copper grades and further extend an area of shallow, high-grade gold mineralization at the TV Tower project in western Turkey. KCD-63 and KCD-65 extend gold mineralization 50 metres southeast [...]
Pilot Gold is pleased to report that new assay results from seven diamond drill holes at the Kucukdag target show long runs of strong gold, silver and copper grades and further extend an area of shallow, high-grade gold mineralization at the TV Tower project in western Turkey. KCD-63 and KCD-65 extend gold mineralization 50 metres southeast of [...]
Third set of assay results confirm and expand continuity of high-grade targetVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/03/12 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") is very pleased to report that assay results from eight new diamond drill holes from the 2012 program at the TV Tower project in Turkey continue to [...]
Strong assay results expand high-grade KCD targetVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/12 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") is pleased to report that assay results from 11 new diamond drill holes from the 2012 program at the TV Tower project in Turkey expand previously reported long intervals of high [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/09/12 -- Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") reports financial results for the third quarter ended September 30, 2012 and provides an update on exploration activities.
"We achieved significant advancements on Pilot Gold's key projects in the third quarter, including [...]
Pilot Gold is pleased to announce that it has completed its previously announced bought deal financing, including the full amount of the over-allotment option, for aggregate gross proceeds of C$29,411,250. In addition, Pilot Gold has raised a further C$8,085,078 through private placements with subsidiaries of Newmont Mining Corporation and Teck [...]
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 [...]
