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Pilot Gold Inc.
Summary
| Project: | Goldstrike | |
|---|---|---|
| Deposit: | Warrior, Aggie, Peg leg, Dip Slope | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-4-2017: Pilot Gold Inc. announces an Exploration/Drilling Update report for its Warrior, Aggie, Peg leg, Dip Slope deposit at the Goldstrike project. Drilling results incl. 15.2m @ 1.93g/t Au from 106.7m. Pilot Gold Inc. (PLG - TSX) ("Pilot Gold" or th | |
| 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 the Warrior, Aggie, Peg Leg and Dip Slope targets, all located within the emerging, larger Main Zone, at the 100% controlled Goldstrike Oxide Gold Project in southwestern Utah. The Main Zone now covers an approximate 4 square kilometre area that remains open for expansion and contains 8 of the 12 historic pits within the broad mineralized envelope. Drilling is focused on the oxide gold mineralization between, below and down-dip of the historic open pits in order to connect all areas. Goldstrike is located in the eastern Great Basin, immediately adjacent to the Utah/Nevada border, and is a Carlin-style gold system, similar in many ways to the prolific deposits located along Nevada’s Carlin trend. Like Kinsley Mountain and Newmont’s Long Canyon deposit, Goldstrike represents part of a growing number of Carlin-style gold systems located off the main Carlin and Cortez trends in underexplored parts of the Great Basin. The historic Goldstrike Mine operated from 1988 to 1994, with 209,000 ounces of gold produced from 12 shallow pits, at an average grade of 1.2 g/t Au. | |
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