Pilot Gold Releases Second Set of Drill Results from Goldstrike

Pilot Gold Inc. (TSX:PLG) released the second tranche of drill results from the first drill program at its Utah-based Goldstrike project. The property holds a past-producing gold mine that’s located in an 8-kilometer corridor of largely untested gold mineralization.
Highlights include:

• 18.3 metres grading 2.72 grams per tonne gold (g/t Au) in PGS012, including 10.7 metres grading 4.32 g/t
• 71.6 metres grading 0.48 g/t Au in PGS013
• 27.4 metres grading 0.66 g/t Au in PGS016

Dr. Moira Smith, chief geologist at Pilot Gold, commented:

I am extremely pleased with the results of our maiden program at Goldstrike. We have intercepted primarily oxide gold mineralization over a 5km-long corridor, and we believe these results support our exploration objective to define a 2 to 3 million ounce gold system at Goldstrike. Our strategy employed compilation and 3D analysis of a wealth of historic data, detailed geologic mapping and analysis, and modeling of geology and historic mineralization.  Combined with data from the recently-completed drill program, this information will be used in the coming months to quantify the gold endowment in the main mine trend.

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