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Last $0.05 USD
Change Today -0.008 / -13.92%
Volume 6.0K
PGOL On Other Exchanges
As of 9:31 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

patriot gold corp (PGOL) Snapshot

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patriot gold corp (PGOL) Details

Patriot Gold Corp., an exploration stage company, acquires, explores, and develops natural resource properties in Arizona and Nevada. The company primarily explores for gold deposits. It owns interests in the Bruner project that comprises 80 unpatented mining claims covering approximately 1,653 acres and 28 patented claims covering approximately 477 acres; and the Vernal project, which includes 12 unpatented mining claims covering an area of approximately 248 acres in Central Western Nevada. The company also holds interest in the Moss gold-silver property that comprises approximately 104 unpatented claims and 15 patented claims located in the Oatman Mining District of Mohave County, Arizona. Patriot Gold Corp. was founded in 1998 and is based in Las Vegas, Nevada.

patriot gold corp (PGOL) Top Compensated Officers

President, Director, President of Provex Reso...
Total Annual Compensation: $17.0K
Compensation as of Fiscal Year 2014.

patriot gold corp (PGOL) Key Developments

Patriot Gold Corp. Provides Update on Moss Mine Project Property Wide Sampling Program Uncovers High Potential Gold Bearing Structures for Further Exploration

Patriot Gold Corp. provided an update on the Moss Gold-Silver project's property wide exploration program. Total of 681 samples have been collected since the program began in September 2014, with a significant number returning gold mineralization with assays in excess of 1gpt in the Oatman Extension, Silver Creek Spring, Older Timer and Grapevine areas. Several previously identified structures have shown mineralization over significant strike lengths. The use of airborne geophysics and magnetic data highlighted potential structures for further exploration which also conform to previously identified aeromagnetic trends. Plans are underway to conduct mapping and sampling of additional veins later in 2015. Patriot Gold's 100%-owned moss mine project is located approximately seven miles due east of Bullhead City, Arizona. The Moss Mine project is subject to certain royalties and an earn-in option agreement for 70% interest.

Patriot Gold Corp. Bruner Project Delivers Final Results of its Bruner Gold Project Located in Nye County, Nevada

Patriot Gold Corp. provided final assay results from core drilling at its Bruner gold project located in Nye County, Nevada. With the last drill holes for 2014 complete, all drill hole data and related geologic information is currently being evaluated with an initial resource estimate expected to be delivered in the first quarter of 2015. Core drilling at the northern extension of the Penelas East discovery area intersected gold mineralization across a 170 feet (51.8 meters) interval in the last hole drilled in the target area for 2014. Drill hole B-1454C intersected 51.8 meters (170 feet) grading 0.444 gm/tone (0.013 oz/ton) Au from 208.2-260 meters (683-853 feet). This intercept is roughly 36.6 meters (120 feet) along strike of the intercept reported previously in hole B-1446C which intersected 22.9 meters grading 3.29 gm/tonne Au, occurring at approximately the same elevation as the intercept reported in hole B-1446C. Previous drill hole B-1437 intersected 25.9 meters near the surface from 6.1-32 meters depth grading 2.37 gm/tone Au. Further drilling is required to determine if the deep intercepts in B-1454C and B-1446C can be connected with the shallower intercept in B-1437. These intercepts are also open to the north. Follow-up drilling will be planned for 2015 to determine whether these deeper intercepts can be extended approximately 100 meters northward towards similar intercepts encountered earlier in reverse circulation (RC) holes B-1405 and B-1407. Core drilling at the northeast extension of the historic resource area intersected gold mineralization across a 105.3 feet (32.1 meters) interval in the next-to-last hole drilled in the target area for 2014. Core hole B-1463C intersected 105.3 feet (32.1 meters) from 51.7-157 feet (15.8-47.9 meters) grading 0.010 oz/ton (0.339 gm/tone) Au. This intercept is the last drill hole in this area to the northeast of the historic resource area with considerable potential to expand the resource further northward. A prominent gold-in-soil and coincident potassium alteration anomaly continues north of the intercept in hole B-1463C for over 600 meters. This potential area for expansion is located entirely on patented claims and will be the focus of a proposed drilling program in 2015. The Bruner Project is situated in central Nevada, 15 miles north of the Paradise Peak mine, 45 miles northwest of Round Mountain and 25 miles east of the Rawhide mine. Historic production from the Bruner property included about 100,000 ounces at an average grade of 0.56 opt gold.

Patriot Gold Corp. Provides Additional Results from its Ongoing Reverse Circulation Drilling Program at the Bruner Gold Project Located in Nye County, Nevada

Patriot Gold Corp. provided additional results from its ongoing reverse circulation (RC) drilling program at the Bruner gold project located in Nye County, Nevada. RC drilling at the Paymaster target area has intersected good grade gold mineralization in numerous drill holes. Drill hole B-1457 intersected 16.7 meters (55 feet) grading 9.94 g/tonne (0.290 opt) Au from 41.2-57.9 meters (135-190 feet). Drill hole B-1460 intersected 7.6 meters (25 feet) grading 9.98 g/tonne (0.291 opt) Au from 53.4-61 meters (175-200 feet). Drill hole B-1458 intersected 13.1 meters (43 feet) grading 5.13 g/tonne (0.15 opt) Au from 42.7-55.8 meters (140-183 feet). Additional holes hit significant but lower grade intercepts as noted in the table of intercepts. The gold bearing zone at the Paymaster target appears to be relatively flat-lying at the base of the felsic tuffaceous section, immediately overlying unmineralized andesite. This is a geologic environment that has rarely been tested before on the property because it was too deep in the historic resource area or at the Penelas East new discovery area to be reached by the drilling completed to date. True widths of the reported intercepts appear to be roughly 70% of the reported drill widths.


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