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Pilot Gold Inc.

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Summary

Project:

Goldstrike

Deposit:Goldstrike
Location:United States
Commodities:Gold
Date:6/17/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-6-2016: Pilot Gold Inc. announces an Exploration/Drilling Update report for its Goldstrike deposit at the Goldstrike project. Drilling results incl. 41.1m @ 2.64g/t Au. VANCOUVER, B.C. – Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or the "Company") is pl
Resources:x
CP/QP:[Overall Report]: Moira Smith (Internal)
ABSTRACT:VANCOUVER, B.C. – Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or the "Company") is pleased to announce additional drill results from 5 Reverse Circulation (RC) and 2 diamond core holes at the 100% controlled Goldstrike Oxide Gold Project in southwestern Utah. The primary target is Carlin-style shallow, oxide gold mineralization on the 7 km long, 2 km wide “Historic Mine Trend”, between and down-dip to the north of historic open pits. Six of the seven released holes contain measurable oxide gold grades over an average drill hole length of 36.4 m. The mineralized intercept in drill hole PGS051C is a follow-up to PGS026, which returned 57.9 m grading 1.19 g/t Au (see press release dated April, 12 2014) and PGS027, which returned 47.2 m grading 1.14 g/t Au (see press release dated May 10, 2016). This is a new zone of mineralization down-dip of a historic surface showing and demonstrates the potential for discovery of higher-grade mineralization in the shallow subsurface.

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