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Pilot Gold Inc.

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Summary

Project:

Goldstrike

Deposit:Peg Leg, Covington Pit
Location:United States
Commodities:Gold
Date:2/8/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:8-2-2017: Pilot Gold Inc. announces an Exploration/Drilling Update report for its Peg Leg, Covington Pit deposit at the Goldstrike project. Drilling results incl. 29.0m @ 1.78g/t Au from 96.0m. Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or the "Company") i
Resources:x
CP/QP:[Overall Report]: Moira Smith (Internal)
ABSTRACT:Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or the "Company") is pleased to announce additional drill results from 17 drill holes in the Peg Leg and Covington Pit areas, located south and west respectively, of the Main Zone, at the 100% controlled Goldstrike Project in southwestern Utah. The primary target is shallow Carlin-style, oxide gold mineralization within the 14 km2 “Historic Mine Trend”, between and down-dip of historic open pits. Following the widely-spaced proof-of-concept drill holes released last month, including 0.51 g/t Au over 41.1 m in PGS142 and 0.54 g/t Au over 25.9 m and 0.75 g/t Au over 10.7 m in PGS149 (refer to news release dated January 10, 2017), these additional results from the new 1.5 km-long Peg Leg area continue to demonstrate that additional drilling is warranted. There are currently two drills operating on the project in the Aggie area and on the new Warrior Zone target. All 2016 drill results have been released.

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