Monday, February 10, 2014

Pilot Gold - PLG.t

Pilot Gold - PLG.t is advancing three key projects in Turkey and Nevada. The Kinsley, TV Tower and Halilaga.

The TV Tower and Halilaga projects are in the Biga District, Turkey. Teck Resources Limited's Turkish subsidiary is a 60% joint venture partner for both projects. Pilot Gold is currently earning-in to a 60% interest at TV Tower.

On January 23, 2014 the company released NEWS

"Pilot Gold Inc. (PLG - TSX) (“Pilot Gold” or the “Company”) is pleased to announce an initial independent resource estimate, with an effective date of November 6, 2013, for the Kucukdag (KCD) gold-silver-copper deposit, the first of several targets on the TV Tower property slated for intensive drilling, exploration and resource estimation.

KCD was divided into a lower gold zone and an overlying silver zone for reporting of the resource estimate, as gold and silver are found in largely spatially distinct zones.