Pilot Gold Reports Results from the Columbaz Discovery

Pilot Gold Inc. (TSX:PLG) announced its final 2014 results from the Columbaz discovery at the TV Tower project. A highlight was 499.1 meters grading 0.59 g/t gold equivalent  including 234.3 meters of 0.79 g/t gold equivalent.

As quoted in the press release:

The Columbaz discovery is a gold-rich porphyry system overprinted by epithermal gold veins. Three follow-up holes were drilled since announcing this discovery (see press release dated October 22, 2014), testing an area of approximately 200 x 300 metres.

Recent drill highlights include:

• 0.36 g/t Au and 0.13% Cu over 499.1 metres (0.59 g/t gold-equivalent (AuEq1)), including 0.48 g/t Au and 0.18% Cu over234.3 metres (0.79 g/t AuEq) in CD0012C
• 0.34 g/t Au and 0.10% Cu over 381.8 metres (0.50 g/t AuEq), including 0.37 g/t Au and 0.13% Cu (0.59 g/t AuEq) over 169.0 metres in CD0011C
• 0.30 g/t Au and 0.16% Cu over 208.7 metres (0.58 g/t AuEq) in CD0010C

1 at $1200/oz Au and $3.00/lb Cu and 100% recovery

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

With the successful follow up to the Columbaz discovery and ongoing success at the Valley and Hilltop porphyries, TV Tower continues to demonstrate the potential to host multiple robust gold and copper-gold systems. We look forward to building on these results with a comprehensive program across the TV Tower property in 2015.

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