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Molycor Enters Option Agreement with Pilot Gold Inc.

Molycor Gold Corp.(TSXV:MOR) announced the optioning of its Nevada Gold property. The Company entered into an option agreement with Pilot Gold Inc. The agreement allows Pilot Gold to earn an initial 60% of the Griffon Gold property and an additional 10% after the development of expenses over a four year

Molycor Closes Private Placement

Molycor Gold Corp. (TSXV:MOR,PINK SHEETS:MLYFF,FWB:M1V) is pleased to announce that the Company has closed its Non-Brokered Private Placement announced in its news releases dated on August 29, 2011 and September 22, 2011.

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