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Pilot Gold Inc.

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Summary

Project:

Goldstrike

Deposit:Goldstrike
Location:United States
Commodities:Gold
Date:6/27/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-6-2016: Pilot Gold Inc. announces an Exploration/Drilling Update report for its Goldstrike deposit at the Goldstrike project. Drilling results incl. 58.8m @ 2.24g/t Au from 81.7m. VANCOUVER, B.C. – Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or the "Comp
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 6 Reverse Circulation (RC) and 4 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. Nine of the ten released holes contain reportable oxide gold intercepts. The mineralized intercept in drill hole PGS054C is a follow-up to PGS026, which returned 57.9 m grading 1.19 g/t Au (see press release dated April 12, 2014), PGS027, which returned 47.2 m grading 1.14 g/t Au (see press release dated May 10, 2016) and PGS51C, which returned 41.1 m grading 2.64 g/t Au (see press release dated June 17, 2016). This is a new zone of mineralization down-dip of a historic surface showing and demonstrates the potential for discovery of higher-grade and more extensive mineralization in the shallow subsurface.

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