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Pilot Gold Reports Third Porphyry Gold Discovery at TV Tower
Oct. 22, 2014 08:02AM PST
Gold InvestingPilot Gold (TSX:PLG) announced it has made a third gold rich prophyry discovery at its TV Tower property. The company says it encountered 0.60 grams per ton of gold equivalent and 0.11 percent copper over 357.7 meters at its Columbaz target.
Pilot Gold (TSX:PLG) announced it has made a third gold rich prophyry discovery at its TV Tower property. The company says it encountered 0.60 grams per ton of gold equivalent and 0.11 percent copper over 357.7 meters at its Columbaz target.
According to the press release, recent drill highlights include:
- 0.60 g/t Au and 0.11% Cu over 357.7 metres (0.80 g/t gold-equivalent (AuEq1)) in CD008C, including,
- 8.41 g/t Au and 0.06% Cu over 7.8 metres, including 24.0 g/t Au over 1.5 metres, and
- 3.32 g/t Au and 0.15% Cu over 13.2 metres, including 27.9 g/t Au over 1.1 metres
Matt Lennox-King, president and CEO, said:
This latest discovery reinforces our belief that TV Tower is capable of producing repeatable, robust discoveries with the scale and significance to support a major mining district. While the rate of discovery has been rapid to date, TV Tower remains relatively under-explored with numerous established targets yet to be tested over the 90km property.
Click here to read the Pilot Gold Inc. (TSX:PLG) press release