Pilot Gold (PLG.TO) has announced new drill results at its KCD Target, part of the TV Tower project in Turkey. Of interest is an intercept of 45.2 meters returning 15.2g/t gold, including 1.5 meter at 386g/t gold, which means the remaining 43.7 meter intercept has an average grade of “only” 2.58g/t which is obviously still very decent. True widths of the intercept are between 50% and 100%.
The company has now completed 14,000 of the planned 15,000 meters of drilling, focused on infill and expansion drilling on the silver zones and testing the gold zone down-dip and along the strike length.
As Pilot’s TV Tower project seems to become increasingly important, we hope High Desert Gold will be able to acquire full ownership of its Gold Springs project in Nevada/Utah where Pilot Gold currently holds a 17.5% interest.
> Click here to read the press release
Disclosure: The author holds no position in Pilot Gold. Please see our disclaimer for current positions.
