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Last C$0.71 CAD
Change Today -0.01 / -1.39%
Volume 21.3K
PLG On Other Exchanges
As of 3:59 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

pilot gold inc (PLG) Snapshot

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07/10/14 - C$1.77
52 Week Low
11/5/14 - C$0.64
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pilot gold inc (PLG) Details

Pilot Gold Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Turkey. The company primarily holds interests in the Kinsley Mountain property, a sediment-hosted gold property that consists of 475 claims on U.S. Bureau of Land Management land and 5 leased patents covering an area of 9,575 acres located in southeast Elko County, Nevada. It also holds interests in the TV Tower property, a gold-silver and porphyry copper-gold property located in the Biga District of northwestern Turkey; and the Halilaga property, a copper-gold porphyry deposit located in northwest Turkey. Pilot Gold Inc. was incorporated in 2010 and is based in Vancouver, Canada.

26 Employees
Last Reported Date: 03/25/15
Founded in 2010

pilot gold inc (PLG) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $218.5K
Chief Financial Officer, Corporate Secretary ...
Total Annual Compensation: $179.7K
Chief Geologist and Member of Disclosure Comm...
Total Annual Compensation: $185.0K
Vice President of Business Development and Me...
Total Annual Compensation: $61.2K
Vice President of Exploration and Member of D...
Total Annual Compensation: $185.0K
Compensation as of Fiscal Year 2013.

pilot gold inc (PLG) Key Developments

Pilot Gold Inc. Announces Resignation of Mr. John Dorward as Director

Pilot Gold Inc. announced that Mr. John Dorward has resigned as a director of the company effective March 25, 2015 in order to focus on other professional obligations. Mr. Dorward has served on Pilot Gold's board of directors since its inception in 2011.

Pilot Gold Inc. Reports Audited Consolidated Earnings and Drilling Results for the Year Ended December 31, 2014; Provides Drilling Guidance for 2015

Pilot Gold Inc. reported audited consolidated earnings and drilling results for the year ended December 31, 2014. For the period, the company reported net loss of $6.71 million compared to a net loss of $9.14 million a year ago. The most significant contributors to the loss for the year ended December 31, 2014 were the cost of wages and benefits of $1.82 million, non-cash stock-based compensation of $1.22 million, office and general expenses of $1.21 million and a decline in the fair value of financial instruments of $0.90 million in 2013. Basic and diluted loss per share was $0.07 against $0.10 a year ago. Cash operating outflows were $5.05 million. The company completed a total of 38,792 metres of drilling at company's projects as part of the 2014 programs. The company expects to complete 32,000 metres of drilling in 2015, focused on exploration and resource definition drilling at both Kinsley and TV Tower.

Pilot Gold Launches 2015 Exploration Program at Kinsley Mountain

Pilot Gold Inc. reported the 2015 exploration program at Kinsley Mountain has begun. The program is currently budgeted at $2.0 million and will include up to 10,000 metres of RC and 1,000 metres of diamond core drilling. The focus of the 2015 program will be to test a number of high-priority targets, primarily defined by intersections of NW- and NNE-trending structures with favourable stratigraphy that would lead to discovery of additional mineralization similar in nature to the high-grade Western Flank zone. Targets range from early-stage tests in the Kinsley North area to fan drilling of the area between the Western Flank zone and the historic pits. Exploration of this nature is drill-intensive and iterative; the program will be continually evaluated in light of data and interpretations from every drill hole.


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