Pilot Gold Obtains Final 2011 Assay Results from TV Tower Project

Pilot Gold has obtained the final assay results of the 2011 drilling campaign carried out at the company’s 40% owned TV Tower project, located in Turkey.

High-grade mineralization was intersected across numerous target areas, through the drill program conducted over Q4 of 2011, wherein this huge gold-bearing system was highlighted in Northwest Turkey. The company encountered 96.03 g/t silver over 15.3 m and 61.61 g/t silver over 39.0 m in the hole KCD-37, drilled at the North target. The company drilled over 14,876 m, totaling 72 core holes, at the TV Tower project during 2011.

The company’s drill program at the North target has extended the mineralization footprint to 600 x 400 m that stays exposed for extension in many directions. This program has defined a high-grade breccia zone, rich in gold, wherein a high-grade, tabular silver zone lies beneath it.

Considerable intervals of high-grade and shallow silver and numerous intercepts of copper and gold were yielded from the recent holes. Mineralized gold was found in numerous holes and indicated the possibility of expanding the system’s gold rich part at depth.

The company encountered 146.44 g/t silver over 2.7 m, 1.05% copper, 2.24 g/t gold, and 23.60 g/t silver over 3.0 m in hole KCD-20, 132.60 g/t silver over 7.5 m in hole KCD-28, 64.09 g/t silver over 8.8 m in KCD-35, 96.03 g/t silver over 15.3 m in hole KCD-37, at the North Target.

At the South Target, the company intersected 0.59 g/t gold over 9.7 m in hole KYD-15, 0.49 g/t gold over 14.9 m in hole KYD-13 and 0.60 g/t gold over 31.2 m in hole KYD-12A. Anomalous mineralized gold was encountered in many holes, during the additional reconnaissance drill program carried out at the Sarp target.

Source: http://www.pilotgold.com/

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