Pilot Gold Doubles Mineralized Footprint at Hilltop Porphyry

Gold Investing

Pilot Gold Inc. (TSX:PLG) announced results from a 21-hole diamond drill program at its Turkey-based TV Tower project.

Pilot Gold Inc. (TSX:PLG) announced results from a 21-hole diamond drill program at its Turkey-based TV Tower project. Work was focused on the Valley and Hilltop porphyry systems, and according to the company it was able to more than double the mineralized footprint at Hilltop.
Drill highlights include:

  • 68.5 metres grading 0.24 g/t Au and 0.47% Cu (1.04 g/t AuEq1) in KRD058;
    • including 20.2 metres of 0.23 g/t Au and 1.23% Cu (2.34 g/t AuEq), and 51 metres of 0.23 g/t Au and 0.15% Cu (0.49 g/t AuEq), including 20.3 metres of 0.37 g/t Au and 0.24% Cu (0.78 g/t AuEq).
  • 154.9 metres, starting from 2.1 metres, of 0.14 g/t Au and 0.22% Cu (0.53 g/t AuEq) in KRD046;
    • including 22.4 metres of 0.12 g/t Au and 0.70% Cu (1.32 g/t AuEq), and 98.8 metres of 0.20 g/t Au and 0.17% Cu (0.49 g/t AuEq).
  • 125.5 metres from surface of 0.28 g/t Au and 0.20% Cu (0.62 g/t gold equivalent (AuEq) in KRD042;
    • including 17.5 metres of 0.49 g/t Au and 0.49% Cu (1.34 g/t AuEq).
  • 137.9 metres, starting from 2.0 metres, of 0.26 g/t Au and 0.17% Cu (0.54 g/t AuEq) in KRD048;
    • including 95.2 metres grading 0.29 g/t Au and 0.19% Cu (0.63 g/t AuEq).

1 “Gold Equivalency” (AuEq) reported using $1200/oz Au and $3.00/lb Cu and 100% recovery.

Matt Lennox-King, president and CEO of Pilot Gold, commented:

The results from the supergene copper zone at Hilltop add a significant, high-grade element to TV Tower’s porphyry systems. These results continue to show the Hilltop and Valley porphyries as potential satellites to our 40% owned Halilaga copper-gold project, 15 kilometres to the east, with the potential to grow into a stand-alone project.

Click here to read the full Pilot Gold Inc. (TSX:PLG) press release.

The Conversation (0)
×