Oct 9 2012
Pilot Gold (TSX:PLG) (the "Company") is pleased to report the results of the six remaining holes in its 2012 drilling program at the Kinsley Mountain Project in Nevada.
These holes were focused on the western side of Kinsley Mountain and targeted a recently-discovered north-south-trending zone of gold mineralization located more than 600 metres from the historic workings.
"We believe that these results continue to validate the 'Long Canyon' model developed by our technical team that predicted the presence of north- to northeast-trending mineralized zones extending from the historic, northwest-trending series of open pits," stated Matt Lennox-King, President and CEO. "We intend to follow up on these higher-grade structures with a regional exploration strategy to drill test evidence of mineralization."
NEW DRILL RESULTS
Western Flank of Kinsley Range: This growing zone, located approximately 600 metres northwest of the nearest historic pit, measures at least 600 metres long by 100 metres wide, and is characterized by two stacked lenses of mineralization that remain open in all directions. New RC drilling up to 150 metres north of hole PK061 (6.03 g/t gold over 13.7 metres) returned:
- 9.50 g/t gold over 4.6 metres in hole PK067
- including 20.5 g/t gold over 1.5 metres
- 2.48 g/t gold over 6.1 metres in hole PK066