Dienstag, 23. Juni 2015

Erfolgreiche Expansionsbohrung: Pilot Gold erzielt eine neue Gold-Discovery auf Kinsley Mountain in Nevada

Die ersten 9 Bohrlöcher vom laufenden Explorationsprogramm auf dem Kinsley Mountain Projekt im US-Bundesstaat von Nevada sind da. Junior-Explorer Pilot Gold (TSX:PLG) schafft es westlich der hoch-gradigen Western Flank Zone zwei interessante Step-Out-Bohrungen zu erzielen..

Pilot Gold Reports 3.46 g/t Gold Over 18.3 Metres in New Discovery at Kinsley Mountain
New Zone of Mineralization Similar to the Western Flank Target
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2015) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to report results from the initial 2015 drill program at the Kinsley Mountain Project in eastern Nevada.
Drill results from an area approximately 150 metres northeast of the high-grade Western Flank intercepted high-grade gold in two key stratigraphic horizons, indicating the presence of a new mineralized zone that remains open to the east and west.
Drill highlights include:
  • 2.34 grams per tonne ("g/t") gold over 9.1 metres (Dunderberg shale host), AND
    • 3.46 g/t gold over 18.3 metres (Secret Canyon Shale host) in PK208 including
      • 13.7 g/t Au over 3.0 metres
  • 2.95 g/t Au over 13.7 metres (Secret Canyon Shale host) in PK210
The new intercepts are from the Dunderberg (Candland) Shale and the Secret Canyon Shale units which contain most of the known gold mineralization at Kinsley and are believed to underlie a significant portion of the Kinsley property.
"We are very excited to kick-off the 2015 program at Kinsley on a high note with the discovery of a new high-grade zone 150 metres northeast of the high-grade Western Flank Zone," stated Matt Lennox-King, President and CEO. "It is our belief that the Western Flank Zone is not an isolated occurrence and there is a high probability of ongoing discoveries at Kinsley. These results confirm our exploration model for the discovery of new areas of mineralization."
The initial 2015 field program at Kinsley is currently budgeted at US$2.0 million and will include up to 10,000 metres of RC and 1,000 metres of diamond core drilling. Thus far, 4,300 metres have been completed in 9 holes (and one lost hole), including three that were drilled for the purpose of conducting an IP survey. The remaining program will focus on following up the new discovery and will also test a number of high-priority targets across the property. Exploration of this nature is drill-intensive and iterative; the program will be continually evaluated in light of data and interpretations from each and every drill hole..
Quelle: pilotgold.com

Quelle: bigcharts.com

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